The LBP AM Group Foundation
The new LBP AM Group Foundation is a continuation of the solidarity initiatives undertaken by LFDE since 2005. Sheltered by the Fondation de France, it works in the fields of education, socio-professional integration and health, particularly mental health.
Purpose of the Foundation
Unite the company’s employees around an ideal of solidarity and give people in vulnerable situations a chance to get their lives back on track: the main purpose of the Foundation, sheltered by the Fondation de France, expresses our desire to share.
Since 2010, donations have been accompanied by an equal opportunities program, Les Maisons des Jeunes Talents. It helps scholarship students gain access to the most prestigious higher education institutions: what could be more exciting than helping talented and deserving young people realise the dream of attending one of these schools?
Key figures for the Foundation as of 31/12/2023
Areas of action
Education
Promoting the acquisition of basic skills and encouraging academic success.
Integration
Facilitating the socio-professional integration of young people who have dropped out of school through 360° pathways designed to remove all the obstacles to their integration into society and help them find their way.
Health
Reducing the psychological suffering of young people in precarious situations.
Maisons des Jeunes Talents
This is an equal opportunities program aimed at students from modest families. Designed and implemented by the Foundation, it gives them easier access to the French “Grandes Ecoles”. It has proved its worth, with a 100% success rate in 2023!
The endowment
The Foundation's budget comes from Group revenues and external donors. 98% of the budget comes from the Group, part of which comes from the management fees of 3 funds managed by Financière de l'Échiquier: Echiquier Excelsior, Echiquier Agressor and Echiquier Positive Impact Europe. External donors, whether customers or employees, contribute 2%.
Make a donationSkills sponsorship
La Financière de l'Echiquier allows its employees to devote up to 5 days a year of their working time to associations supported by the Foundation.
Mentoring, job-search coaching, sorting clothes or toys, presenting one's profession... there are many ways to get involved. In 2022, for half a day, all LFDE employees took part in a solidarity action in aid of Apprentis d'Auteuil.