column-1

column-50

column-51

column-2

Navigation

column-20

column-3

Web Content Display

Testimonial

Louis, 72 years old, the high priest of sustainable development
Retired, widower, no children, has set aside some of his fortune for nature conservation

What I wanted

When I retired, I had enough money to live a very comfortable life, but no-one to leave it to. I wanted to give most of my wealth to a cause that I identified with and that went beyond ideological divisions: environmental protection. Being involved in this type of enterprise is a pleasure and it was something I wanted to do in my lifetime. I decided that I would find a cause myself by talking to people who had been doing this kind of thing for years, as my experience in the area was rather limited.

How I'm doing it

I found an organisation that was fighting to conserve a wetland area for wild birds. After I went to the marsh, I was won over by the enthusiasm of the ornithologists involved in the project. The marsh is home to dozens of different species, including some very rare ones. I set about buying hundreds of hectares of marshland costing about €400,000 in total and, under the watchful guidance of my partners, went about setting up a nature reserve open to the public.

What the Bank did

Assistance provided

  • Defining a donor profile
  • Setting up contacts with environmental experts
  • Donation structuring

column-4

Le cartouche gestionnaire

More information

Diane WOLTER

Philanthropy Advisory Services

tel: (+352) 49 924 3152


Web Content Display

Related links and articles

Accès aux documents
Web Content Display

Glossary

NM - Articles Liste

The term "social entrepreneurship" covers all kinds of activities that have a 'social benefit'. "Social entrepreneurship" is not in itself a new phenomenon but a new term for something that has existed throughout time. Social entrepreneurs offer innovative solutions to the most pressing problems of our society.

Social finance encompasses all investment techniques that generate social and/or environmental value and returns. The best-known social finance investment categories are socially-responsible investment (SRI), micro-finance and, more recently, venture philanthropy.

Philanthropy can be defined as giving money and assets to create social, cultural or environmental impact without necessarily expecting a return.

column-21

column-22

column-23

column-11

Web Content Display

Related links and articles:  Banque de Luxembourg News   |   Guy Wagner Blog   |   Femmes & Patrimoine   |   Human resources   |   Branch locator   |    Weather in Luxembourg

column-13

column-10

Web Content Display

Legal information // © 2013 Banque de Luxembourg

column-14