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Endowment

In 2020, Jasmin Capital decided to create an Endowment Fund to fulfil general interest missions. The Endowment Fund was officially published by the Journal Officiel on the 17th of November 2020.

This Endowment Fund has five main fields of action:

  1. Education, especially focusing on equal opportunities in education, the support of students from the youngest age, and on the development of primary and secondary education in developing countries
  2. Promotion of sports, with a focus on mountain sports and sailing
  3. Environmental protection, in particular protection of biodiversity, the fight against massive deforestation, the fight against global warming, the promotion of urban agriculture and the preservation of natural marine and coastal environments
  4. Health, including cancer control, mental health support, assistance to children in hospital
  5. Social, in particular social inclusion of the elderly, the isolated and people with disabilities

 

This Fund accepts donations, gifts and legacies, from:

  • Companies, which can benefit from a tax reduction of up to 60% of the amount of the donations, up to a  limit of 5 ‰ of the turnover
  • Individuals, who can benefit from an income tax reduction (IRPP) equal to 66% of the amount of donations, up to a limit of 20% of taxable income, under Articles 200 and 238 bis of the General Tax Code

The Endowment Fund is registered under SIREN number 891 125 999.

In 2021, Jasmin Capital endowment fund provided financial support to various associations:

ASM 17, the association of parents of children with Smith Magenis syndrome. This rare neurodevelopmental disorder, of genetic origin, is characterized by an intellectual disability of varying severity, behavioral problems and sleep disorders. Patients have distinctive physical characteristics and numerous malformations (e.g., heart, kidney). The association’s goal is to make the disease known to as many people as possible and to help families through counseling, personal and financial support as well as to support medical research programs.

The 101 Foundation which aims to improve the quality of care and reduce mortality in intensive care through its SATISFACTION program. SATISFACTION is a practice improvement methodology that combines the use of data and caregiver education to assess and improve the performance of ICU services worldwide, and thus reduce ICU mortality in the absence of human and material resources. Currently under development, the SATISFACTION program will be deployed throughout the resuscitation network affiliated with One O One (1204 services in 66 countries) and will help save 1 million lifes in 4 years.

Use it Again, an endowment fund for the promotion and development of the Circular Economy, but it is also the name of the ULTIME racing trimaran reconditioned and optimized according to the principles of material recycling. For Romain Pilliard and Alex Pella, the objective of the adventure is to prove that it is possible to sail around the world by recycling used materials, ropes, sails, winches and solar panels. The trimaran Use it Again is Ellen MacArthur’s old boat with which the English sailor won the solo round the world race in 2005. Romain Pilliard, who is deeply convinced of the dangers that weigh on our planet, has chosen to give a hand to the scientists who are working on the noise pollution of the oceans. The trimaran will be equipped with sensors that will allow to record the sound of animals from several tens of kilometers away and to establish a sound map of the oceans. The scientist Olivier Adam believes that noise pollution, produced by humans, is the most serious threat to the marine environment.

LOBA (“Express yourself” in Lingala) is an association that engages citizens since 2008 through different forms of art such as exhibitions or shows in various fields of action: health, education, commitment. Putting art at the service of the city and social issues, transforming activism into ARTivism, such is the project of LOBA. Art as a tool for social transformation with which we can engage, educate, mobilize or (re)build ourselves.It is in 2016 that born within LOBA the project Re-Creation which puts this time, Art in the service of Health. Since then, the association strives to help women victims of violence but also to raise awareness of the general public on gender-based and sexual violence.

ALIMA (which stands for “The Alliance for International Medical Action”) is a medical humanitarian organization created in 2009. Its objective is to provide medical relief in emergency situations or medical disasters by basing its operations on partnerships, mainly with national humanitarian actors and research institutes. By pooling and capitalizing on their skills, ALIMA and its partners allow access to quality care for the greatest number of beneficiaries and contribute to the improvement of humanitarian medicine practices through operational research projects.

MOCAPI is an association created by French and Moldovan health and socio-educational professionals. Its aim is to develop sustainable cooperation links between Moldova, Romania and France. Its fields of intervention are the following : health (material and technical assistance to hospitals, training of health personnel, health promotion), culture (promotion of Moldovan and Romanian artists in France through exhibitions, shows, sale of art objects), education and leisure (material assistance, stays and exchanges of young people, education and leisure (material aid, stays and exchanges of young people, correspondence between young people, school partnerships), economy (initiation of contacts in the field of tourism, agriculture, trade), support to Romanians and Moldovans in France (students, asylum seekers with the obtaining of an internship, accommodation, administrative procedures, advice and contacts).