Since its start in 1974, Rabo Foundation has been offering poor and disadvantaged groups the prospect of a sustainable future, both in the Netherlands and internationally. For this, Rabo Foundation pools together financial resources, its expertise and network.
The Foundation is the bank's social fund and aims to invest in people self-sufficiency, and see self-sufficiency as an effective tool for aid and social assistance. Social impact is one of their main strategic pillars and they have a Client Fund, for Rabobank clients to contribute to the work of Rabo Foundation, and an Employee Fund, where employees and retired employees can support. These are the benefactors of the Rabo Foundation Employee Fund and they donate €4 a month, after which Rabobank matches this sum. This means that employees have 'double impact'.
The Rabo Foundation hopes to learn from other corporate foundations in the EVPA community.