Dexia Asset Management has selected seven charitable associations to benefit from this, the ninth, “Helping those who Help” operation.
- Dedicating the budget traditionally allocated to year-end gifts to support charitable associations: that is the idea behind the “Helping those who Help” operation, launched by Dexia Asset Management at the end of 2001.
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- It is a project which elicits the involvement of DAM employees, who enthusiastically commit themselves to this project, which enables them, during the festive season, to highlight causes dear to their hearts.
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- It is also much appreciated by DAM clients, who sponsor one of the seven selected associations, depending upon their personal sympathies with the charitable actions presented.
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- This year, the range of actions taken by the selected associations is broad: aid to deprived children (educational support in Burkina Faso, an orphanage in Niger, a home for street children in Nepal); the accompaniment of families confronted by illness (Rett syndrome, artificial nutrition) and the fight against extreme poverty in Cambodia and Vietnam.
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- The seven associations selected will share a global donation of EUR 72,500. The distribution will be known at the end of the operation in February/March 2010.
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- Almost ten years …
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- Today the “Helping those who Help” operation is a part of life at Dexia Asset Management and is repeated every year.
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- Its objectives have not changed:
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- • instead of sending year-end gifts to clients, use those funds to assist the less-fortunate
• support associations in which Dexia Asset Management employees are involved
• focus on associations of modest size that are mainly volunteer-based and far from the normal support channels.
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- This operation is run by the Dexia Asset Management Association Monitoring Committee, which has seven employees appointed for two years, along with an Executive Committee member. The Committee is in charge of studying applications, selecting the associations to benefit and monitoring subsequent proceedings.