Shareholder foundations

In 2015, Prophil invented the expression "shareholder foundation" through the first comparative European study, carried out in partnership with the Philanthropy Chair of ESSEC Business School. This study puts forward a model that is very developed in Northern Europe but little known in France, which consists, for a foundation, in holding all or part of the capital of a company. As a major shareholder, the foundation exercises a dual economic and philanthropic mission, protects the company and its values in the long term and supports causes of general interest thanks to the dividends it receives.

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