Shareholder foundations : the first European study
The model of shareholder foundation, which combines charitable giving and investment, capitalism and philanthropy, remains largely ignored in France. The Laboratoires Pierre Fabre are indeed an exception in the French economic/business landscape. Prophil, a French strategic consulting firm, specialized in new philanthropic and economic models, has naturally chosen shareholder foundations as a research topic.
Following a conference organized with Delsol Avocats in March 2014, Propil decided to gather this well-known law firm, the Philanthropy Chair of the Essec Business School, to explore the topic with the financial support of Mazars. The study was conducted in 4 European countries: Denmark, Germany, France and Switzerland.
The study explores an economic reality that remains a groundbreaking terra incognita. This model is paradoxical: widespread yet unknown, influence yet discreet, virtuous for some and subversive for others. It is the starting point of a collective reflection that needs to be pursued.
An independant consulting firm
Dedicated to building innovative bridges between economic investment goals and philanthropy.
Founded by Virginie Seghers in association with Geneviève Ferone Creuzet, Prophil advises corporations, private and corporate foundations, and individuals at every stage of economic/social/philanthropic investment in order to assist its clients in achieving greater social impact: vision, strategy, implementation, monitoring, and evaluation. An independent company, operating on a human scale, Prophil offers an individualized, tailor-made approach to every client’s needs, and is built on the more than 20 years of experience of its associates with both French and international business environments.
From philanthropy to impact investing
Philanthropy is R&D for business.
Prophil is the creative result of a dual focus on both responsible economics and philanthropic outcomes. Made possible by the combined and complementary expertise of Virginie Seghers and Geneviève Ferone Creuzet, Prophil represents the synthesis of a new, more entrepreneurial philanthropy, which differs radically from traditional charity, and socially-responsible, more collaborative, economic activity. Prophil focuses on complementary actions, from donation to impact investment, carried forward in a coherent and mutually-reinforcing way.
A more inclusive economic vision
An altruistic economy takes into account the interests of the next generations, the common good, and seeks to reorient economic activity toward long-term environmental and economic, cultural, and social challenges. It is based on including the considerations of all stakeholders – present and future, rather than the sole accomplishment of short-term economic objectives. It puts the human being, and the environment, at the heart of its initiatives. This new economic vision occurs uniquely at the interface between the new philanthropy and entrepreneurship – and is the heart of Prophil’s mission.