News

News

Global Figures up to 2010 

The Foundation already granted a total amount of US$14.5 million since it was established in November 2007.

As for previous year, the donations of the Trafigura Group as a whole have been distributed through three main channels, all managed or monitored by the Foundation:

  • Projects under Direct Support, where the Foundation directly disburses from its own funds the grants it has decided upon;
  • Projects under Indirect (Local) Support, where the physical disbursement of the grants is made directly by the Trafigura local entities in the world. Notwithstanding, these grants are reviewed and validated beforehand by the Foundation, and all local contractual & payment arrangements and payments, as well as the administrative follow-up, are taken care of by the Foundation.
  • Matching Funds: in order to stimulate and encourage the involvement of our employees in charitable endeavours and in the development of the communities in which they operate, the Foundation’s policy is to enhance our employees’ own initiatives by systematically matching, on a 1$-for-1$ basis, all the funds they raise.

Latest NewsMore news

ID Biogas project, China

Initiative Développement, one of the Trafigura Foundation long-time partners, has been awarded...

Read more