Endowment Fund

The Phitrust Endowment Fund finances and supports social entrepreneurs who develop a project with a social purpose while using the management methods of the classical economy. It was created to identify, validate, finance and support "non-profit" projects run by social entrepreneurs.

Association La Varappe



– A high unemployment rate with a large percentage of people very far from employment for whom a social support is needed to give every chance to their return.



The Phitrust Endowment Fund supports since 2012 the association La Varappe in its project to transform old shipping containers into energy efficient, modular and movable offices and housing units. They are fast to make and less costly compared to traditional construction. In 2015, this initiative led to the creation of the company Homeblok (which hires long-term unemployed people and helps them get back into the job market), which is now a key player in the sector of container transformation for emergency housing. It has 10 full-time staff and 12 staff with contracts supporting their return to employment. Considering the first results, the association decided in 2016 to launch an R&D program in order to improve the construction process and improve the energy efficiency of the buidlings built. This program should allow to strengthen the activity of Homeblok while supplying the growing market for emergency housing.

Website: www.homeblok.fr

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