PROPHIL

Prophil organized at the Maif Social Club unprecedented meetings about new shareholders foundations and endowment funds, in the presence of pioneers and Europeans from De Facto, as well as Mr. Christophe Itier, The French High Commissioner at Social and Solidarity Economy and Ms. Sarah El Hairy, Member of French Parliament and in charge of a mission about philanthropy... Prophil has closely contributed to the PACTE law (Plan of action for businesses growth and transformation)... 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..

Primary location: Paris France