Operations
The Degroof Petercam Group covers all HR expenses and provides an additional annual grant of €125,000 to the foundation. Additionally, the DPF can receive donations, enabling the Group’s clients to contribute philanthropically. Since 2016, DPF’s capital has grown through annual donations from Degroof Petercam and significant contributions from client legacies. This financial support has allowed the Foundation to expand its reach, structure its activities more effectively, and refine its strategy to maximize its impact on employment. All assets of the Foundation are managed by Degroof Petercam.
DPF ensures its societal impact by adhering to strict environmental, social, and governance (ESG) criteria, avoiding investments in certain sectors, and prioritizing impact-first funds that align with its mission. The foundation is committed to addressing employment in all its dimensions, including how its assets and investments are managed. To reinforce this commitment, DPF has established an impact investment committee to align its private equity investments with its employment-focused social goals, in line with Sustainable Development Goal 8.
Furthermore, 15% of DPF’s assets are dedicated to impact investments that reflect its vision and mission.
Budget
A significant portion of DPF’s budget is allocated to impact-driven initiatives, with an annual impact expenditure of approximately €1.5 million. To ensure financial sustainability, overhead costs are capped at a maximum of 25% of total expenses. DPF’s financial accounts are audited annually and are publicly available on the website of the Crossroad Bank for Enterprises.