On Purpose

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.

THE STRUCTURE

Association On Purpose


THE SITUATION

– The social entrepreneurship sector is booming and being structured with great professionalism. It is now looking for experienced people able to meet its social and economic challenges.


THE ANSWER

On Purpose manages a leadership program aimed at training young professionals who want to use the company’s opportunities to make a positive impact on society. Since its creation in France in 2014, Phitrust has supported the association On Purpose, which manages a leadership program aimed at training young professionals wishing to use their experience in private companies to generate a positive impact on society. For a year, the Associate Program combines two professional experiences with 6-month full-time and paid missions in a company (mixing social/environmental and commercial approaches), as well as training, coaching and mentoring. By the end of 2016, 48 partners had joined the program, 38 companies had hosted missions and the results of the first promotions were eloquent: 94% moved towards the Social Economy at large among which 77% as soon as the program was over.


Website: 
www.onpurpose.org

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