The BM&FBOVESPA Institute and BrazilFoundation have announced an unprecedented social joint venture to attract sponsors to projects run by Brazilian Civil Society Organizations (CSOs). The partnership combines BrazilFoundation’s expertise on selection, capacity building and supervision of social projects, with BVSA’s worldwide pioneering model for fundraising and account rendering via a virtual platform based on concepts similar to those of a stock exchange. The common vision of this initiative is the need to build a culture of Transformative Philanthropy in Brazil.
The two institutions will maintain their institutional and organizational identities. They will act as co-investors and co-operators, benefitting at least 20 projects every year. The projects will be selected by a mixed selection committee, in line with the United Nation’s Eight Millennium Goals and the criteria and activity areas of BrazilFoundation. Each project will be granted an initial investment of around R$ 40,000 from BrazilFoundation and will be able to raise additional funds of up to R$ 50,000 at BVSA. The projects will be listed for one year.
By combining their global visions, experiences and accumulated knowledge, the two institutions will be involved in the development of an original model for social actions in Brazil. The two bodies will show Brazil and the world a tangible example of how the optimization and combination of competencies can strengthen individual missions while establishing a common objective, thus helping targets to be met in full.
For information on how to become a “socio-environmental investor”, just register at the www.bvsa.org.br portal, choose the projects to which you want to contribute – according to theme, beneficiaries or region – and build your donations portfolio. Donations start at R$ 20.00, and can be made via credit card or bank payment slip. Legal Persons are entitled to tax breaks: the donated amounts, classified as operating expenses, are tax-deductible up to a limit of 2% of the company’s operating profit (only legal persons taxed according to the actual profit regime are entitled to such a tax deduction). The CSOs that wish to include their projects are obliged to take part in the selection process, organized by the BrazilFoundation through BVSA’s portal.
PROJECTS LISTED ON BVSA ON January 30, 2015 |
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| Benefitted NGO | Benefitted Project | City | State | Region | |
| 1 | Associação Incubadora Social Gastromotiva | Vocational Cooking Course – Salvador Expansion | Salvador, São Paulo and Rio de Janeiro | BA, SP and RJ | Southeast |
| 2 | Instituto Luther King de Ensino, Pesquisa e Ação Afirmativa (ILK) | Pedagogic Modernization of the Preparatory Course for the Public University Admission Exam and Enem | Campo Grande | MS | Central West |
| 3 | Instituto Coração de Estudante | Solidary Investment Fund | Pentecoste | CE | Northeast |
| 4 | Associação de Estudantes de Paramoti | Our Culture Is Peace-Oriented | Paramoti | CE | Northeast |
| 5 | Associação Cultural Quabales – Música, Cultura, Arte, Cidadania e Meio Ambiente | Quabales | Salvador | BA | Northeast |
| 6 | Fundação Lar Feliz | I’ve Grown Up, and Now What? | Juazeiro | BA | Northeast |
| 7 | MMNEPA – Movimento de Mulheres do Nordeste Paraense | Strengthening of Entrepreneurial Women’s Initiatives: Building and Spreading Knowledge in Agroecology | Capanema | PB | North |
| 8 | ADETT – Associação de Desenvolvimento Tecnológico de Tauá | Digital Entrepreneur | Tauá | CE | Northeast |
| 9 | Associação Comunitária dos Moradores de Mandassaia II | Involve Rural Women in Sustainable Development and Job and Income Creation | Riachão do Jacuípe | BA | Northeast |
| 10 | ADEL – Agência de Desenvolvimento Econômico Local | Néctar in the Sertão | Pentecoste | CE | Northeast |
| 11 | Lovefútbol Brasil | Social Alliance Arena | Recife | PE | Northeast |
| 12 | Themis – Assessoria Jurídica e Estudos de Gênero | Grassroots Defenders: A New Way to Provide Access to Justice in Rio Grande do Sul | Porto Alegre | RS | South |
| 13 | Casa da Criança e do Adolescente | Joker | Volta Redonda | RJ | Southeast |
| 14 | Instituto Cidade Democrática | Participatory Plans of Educator Neighborhoods in the Municipality of Sorocaba | São Paulo | SP | Southeast |
| 15 | Instituto de Fiscalização e Controle | Civic Health Audit | Brasília | DF | Center West |
| 16 | AMINA – Associação de Mulheres Independentes na Ativa | Women of the Pantanal and their Home-Made Candy | Anastácio | MS | Center West |
| 17 | Associação Barraca da Amizade | Solidary Friendship | Fortaleza | CE | Northeast |
| 18 | Coopa-Roca – Cooperativa de Trabalho Artesanal e de Costura da Rocinha | Strengthening of the Coopa-Roca Social Enterprise Strategy | Rio de Janeiro | RJ | Southeast |
| 19 | ONG SOS Dental | Dentists in the Slum | Rio de Janeiro | RJ | Southeast |
| 20 | Acreditar – Capital Humano e Transformação Social | The Entrepreneurial Vision: Qualifying Businesses, Transforming People | Glória de Goitá | PE | Northeast |
About BVSA – BVSA’s sponsor is popular Brazilian singer Daniela Mercury. BVSA is a pioneering initiative from BM&FBOVESPA and its member brokerage firms. It is fully supported by UNESCO, and is recognized by the United Nations Organization as a case study. BVSA has inspired other international stock exchanges to develop similar projects. Ever since it was created in 2003, BVSA has raised more than R$13.9 million, allocated to 121 projects all over Brazil.
