What is the impact of a donation to the endowment Fund?

What is an Endowment fund?

Following the model of endowments that have driven the success of major foreign universities, ESSEC established in 2011 an Endowment fund of indefinite duration under the aegis of the Fondation de France, whose growth depends solely on donations from individuals and alumni.

Donations directed to this fund are invested long-term, and a portion of the revenue is allocated annually to the Foundation's projects. The capital remains intact, and the impact of the donations is lasting.

 Why create an Endowment fund?

This fund aims to provide the ESSEC Foundation with sustainable revenue over time. Regardless of the circumstances ESSEC faces, the interest earned by the fund will be guaranteed and will generate annual revenue.
To preserve ESSEC's status as a non-profit association under the 1901 law and thus its independence, the Foundation plays a key role by providing sustainable funding.
Thus, the School's financial health could eventually be ensured by the interest from this fund, if it reaches a sufficiently large capital.
 

"The Foundation relies on each of you to expand this Fund through your donations, transforming it into a powerful instrument aligned with ESSEC's influence and aspirations”

Denis Leroy (E86), major donor and President of the Investment Committee of the ESSEC Foundation
 

What does the Endowment fund support?

Today, all the interest earned by the endowment fund is "unrestricted," meaning the funds are allocated to one of the ESSEC Foundation's areas based on the priorities of the year.
This can include social scholarships, academic excellence, the next-generation campus, or responsible entrepreneurship.

What is the impact of a donation to the Endowment fund?

By supporting the endowment fund, you help build the future.

- You contribute through your donation to ensuring the autonomy and financial independence of ESSEC in the long term. 
- You provide access to ESSEC to all students by providing social scholarships. 
- You demonstrate your commitment alongside a School distinguished by the quality of its teaching. 
- You can directly support our researchers in their projects: the excellence of their work enhances ESSEC's attractiveness.

How is the Fund Managed?

Currently administered by the Fondation de France, under which the ESSEC Foundation is affiliated, this fund is overseen by an investment committee that defines the guidelines and ensures the proper management of the capital under the presidency of Denis Leroy (E86).

What is the growth objective?

Our goal is to reach 30 million euros to achieve a critical size, strengthen the impact of the fund, and sustainably support ESSEC's ambitions.

“As an investment professional, I am deeply committed to the development of an endowment fund, which will enable ESSEC to enhance its financial independence and increase support for underprivileged students in the future."
 

Juliette Martin (E15), donor

For more information on the endowment fund and the Foundation's projects, you can contact Inès Manset, Development Manager, ines.manset@essec.edu