FUNDACIÓN 2017 ANNUAL REPORT

Size: px

Start display at page:

Download "FUNDACIÓN 2017 ANNUAL REPORT"

Rodger Hubbard
5 years ago
Views:

3 FUNDACIÓN 2017 ANNUAL REPORT

4 Cada historia, cada anécdota, es un punto de partida LINA MARÍA ÁLVAREZ, docente de básica primaria AVE: CIGUA PALMERA República Dominicana

5 WE JOIN EFFORTS GEARED TO BUILD SETTINGS OF PEACE, FEASIBLE FOR THE SUSTAINABLE DEVELOPMENT OF SOCIETIES.

6 Incorporated in 1971, Fundación SURA participates in initiatives which contribute to the development of capabilities and to the welfare of the communities of Colombia and other countries in Latin America. The Foundation also channels the contributions in social investments made by Grupo Empresarial SURA. Fundación SURA focuses its social investment on three lines: QUALITY EDUCATION CULTURAL PROMOTION INSTITUTIONAL ENHANCEMENT The Foundation leads the Voluntary Corps Program of SURA. *In 2017, Fundación SURA was incorporated in Mexico and Chile, entities that follow the guidelines of the foundation in Colombia, but with independence, depending of their institutional structures.

7 BOARD OF DIRECTORS DAVID EMILIO BOJANINI GARCÍA President of Grupo SURA TATYANA MARÍA OROZCO DE LA CRUZ Vice President of Corporate Affairs of Grupo SURA GONZALO ALBERTO PÉREZ ROJAS President of Suramericana IGNACIO CALLE CUARTAS President of SURA Asset Management CARLOS IGNACIO GALLEGO President of Grupo Nutresa JUAN LUIS MEJÍA ARANGO President of Universidad EAFIT Independent Member ÁNGELA MARÍA ALZATE OCHOA Independent Member EXTERNAL AUDITOR Alternate YERALDÍN VANESSA SEPÚLVEDA Member of Ernst & Young Audit SAS Suplente MARY LUZ ARBOLEDA ZAPATA Member of Ernst & Young Audit SAS

8 MAIN FIGURES INCOME OF THE FOUNDATION IN 2017» REVENUES DONATIONS REVENUES FROM INVESTMENTS 3,935 [USD 1.3 ] 5,000 (USD 1.69 s) INVESTMENT PROPERTIES 1,229 [USD 416 mil] REVENUES FROM AGREEMENTS AND PROGRAMS 600 [USD 203 mil] OTHER REVENUES 95 [USD 32 mil] 4,400 (USD 1.49 s) 4,515 (USD 1.53 s) OTHERS 117 (USD 39.6 mil) TOTAL REVENUES 19,891 [USD 6.7 ] EXPENSES» SOCIAL INVESTMENT 18,641 (USD 6.32 ) ADMINISTRATIVE EXPENSES 987 [USD 335 mil] OTHER EXPENSES 671 [USD 227 mil] TOTAL EXPENSES 20,299 [USD 6.87 ] La Fundación SURA realiza inversión social y donaciones a través de sus líneas.

9 PRESENCE IN 2017 >> Colombia [27 departments] Mexico* Peru El Salvador Chile* Panama Argentina Dominican Republic Brasil Uruguay * These countries receive social investments from Fundación SURA Colombia and from their own foundations. IN THE LAST 10 YEARS 126,140 (USD ) SOCIAL INVESTMENTS Education Quality 39% 7,264 USD 2.46 Cultural Promotion International Investment Housing Fund 14% 12% 17% 2,591 USD 878 mil 3,168 USD ,212 USD 750 mil Institutional Enhancement Voluntary Corps 8% 7% 1,574 USD 533 mil 1,340 USD 536 mil Assistence 3% 491 USD 166 mil TRM utilizada: 2, /USD tasa promedio 2017

10 HIGHLIGHTS IN 2017IN COLOMBIA: Alliances were made with more than 70 entities to develop 73 initiatives. Fundación SURA demonstrated its firm determination for education and employability by signing three alliances with United Way, REDUCA and Alianza del Pacífico. With regards to Quality Education, more than 5,600 teachers from public institutions were trained on leadership skills and competencies of being. 27 organizations which work for culture and heritage conservation, were backed. 1,799 collaborators of SURA in Colombia invested 20,718 hours for community service. The Foundation directly benefitted 180,000 people in 27 departments.

IN LATIN AMERICA: For the first time, more than 3,500 SURA volunteers of the 10 countries where the Company operates concurrently joined forces to improve school settings in the region.

11 IN LATIN AMERICA: For the first time, more than 3,500 SURA volunteers of the 10 countries where the Company operates concurrently joined forces to improve school settings in the region. We are one of the 80 organizations of RedEAmérica, an initiative that promotes sustainable communities in Latin America and the Caribbean. In 2017, the incorporation of Fundación SURA was formalized in Mexico and Chile to channel social investment in both countries. These two foundations share the same strategic lines of Fundación SURA in Colombia. This year, the Foundation stretched to the 10 countries where SURA operates, using initiatives that improve quality education in the region.

12 EDUCATION QUALITY INVESTMENT LINE 1 Processes that enhance the capacities of principals, teachers and students to increase their skills of being and of doing, which in turn create professional and job opportunities vis-à-vis the dynamics and challenges of each region. INVESTMENT OF 7,264 (USD 2.46 ) We believe in building educational strategies that contribute to improve the quality of life, and begin by acknowledging the BEING as a pivotal factor to DOING. An education for life, in which colors, shapes, feelings, physical and intellectual differences are not a basis for exclusion. 47% of total investment in Colombia

IN 2017: We project the expansion of the Félix y Susana Program to 70 schools in 11 areas of Bogota, in alliance with the Secretary of District Education.

13 IN 2017: We project the expansion of the Félix y Susana Program to 70 schools in 11 areas of Bogota, in alliance with the Secretary of District Education. This is our first experience of co-financing a program with a territorial entity. The Félix y Susana Program participated in Hay Festival, leading the discussion with pianist James Rhodes. We documented 786 significant classroom experiences related to educational, coexistence and sexuality practices. We began to assess the impact of the Félix y Susana Program in alliance with Universidad de los Andes. Astrid López, a teacher linked to Félix y Susana, earned the Colombia 2020 Award for her classroom experience in healthy co-existence. During the 2017 Nicanor Restrepo Santamaría Fellowship application process, a total of 2,646 applications were received from 23 departments of Colombia. We assisted 320 teachers from 310 schools of 8 municipalities of Colombia to enhance their skills as educational, administrative and community leaders, with the Transforming Leading Principals Program led by Empresarios por la Educación. 5,880 children, young adults and teachers were trained on the cultural wealth and wisdom of the indigenous people of Colombia using educational material of the Indigenous Ancestral Wisdom Project.

FÉLIX Y SUSANA QUALITY OF EDUCATION Present in 291 schools of Colombia An educational program for healthy coexistence which builds ties among the children, family and schools.

14 FÉLIX Y SUSANA QUALITY OF EDUCATION Present in 291 schools of Colombia An educational program for healthy coexistence which builds ties among the children, family and schools. The purpose is to boost the teachers skills to enhance affection, care and communication capacities to enable the education process. N S F INVESTMENT IN 3,245 (USD 1.09 ) 139,350 teachers trained 3,600 boys and girls benefitted

15 A total of 30 schools in El Salvador and 15 schools in Dominican Republic began the implementation process of Félix y Susana. The first educational material for El Salvador was prepared. IN EL SALVADOR AND DOMINICAN REPUBLIC 1,745 (USD 591 mil) 447 TEACHERS TRAINED 13,857 GIRLS AND BOYS BENEFITTED NICANOR RESTREPO SANTAMARÍA FELLOWSHIP QUALITY OF EDUCATION FELLOWS FROM 7 DEPARTMENTS 28 FELLOWS FROM 13 undergraduate 15 post-graduate The Program, created by the General Assembly of Shareholders of Grupo SURA in 2015, provides the opportunity to earn an undergraduate or post-graduate degree in Social Sciences, Economics and Humanities from universities accredited in Colombia, covering tuition costs and a percentage of daily expenses. The selection process of the Fellowship this year was backed by Colfuturo.

16 CULTURAL PROMOTION INVESTMENT LINE 2 We support initiatives which enhance entrepreneurship and projects connecting art and culture to their regions. We promote heritage conservation, a purpose which the Company has led from its corporate management. INVESTMENT OF 2,591 (USD 878 mil) We acknowledge that culture and art are factors for social transformation. 27 ORGANIZACIONES APOYADAS 15 DEPARTAMENTOS + 22,000 BENEFICIARIOS 17% of total investment in Colombia

17 IN 2017: We participated, for the first time, in the Expoartesanías tradeshow, with the project Memory and Creativity: The Indigenous Business. The play Nobody Knows Who I Am (Nadie sabe quien soy yo) was chosen by the readers of Arteria newspaper as the Play of the Year. This is the result of an artistic-educational project of Residencias Cundinamarca in alliance with the Museum of Antioquia. We participated in Museo Reimaginado 2017, which gathered museum professionals in the Americas and was organized by Parque Explora in Medellín; 675 people from 23 countries attended this event. For the first time, senior citizens became heritage explorers in the National Museum of Colombia. Art and Culture host diversity, the voices of those present and away, representing identities and building new ones. With art and culture, conversations are created whereby the past, present and future of societies interact.

E H MEMORY AND CREATIVITY: THE INDIGENOUS BUSINESS PROMOCIÓN CULTURAL 285 CRAFTSMEN FROM 10 DEPARTMENTS The project seeks to improve the living conditions of 11 indigenous communities of Colombia.

18 E H MEMORY AND CREATIVITY: THE INDIGENOUS BUSINESS PROMOCIÓN CULTURAL 285 CRAFTSMEN FROM 10 DEPARTMENTS The project seeks to improve the living conditions of 11 indigenous communities of Colombia. It involves the enhancement and valuation of their productive processes involving crafts and the development of their business skills. As of 2017, Propaís is engaged to Memory and Creativity to boost the commercialization process of the crafts. INVESTMENT OF 740 (USD 251 mil)

19 EXPLORING HERITAGE CULTURAL PROMOTION Creates new relations with surroundings, heritage and identities, through educational events that promote the interaction with boys and girls of Bogota with the cultural expression found at the National Museum of Colombia. INVESTMENT OF 250 (USD 85 mil) 8,701 beneficiaries RESIDENCIAS CUNDINAMARCA CULTURAL PROMOTION Focuses on museums rethinking about the communities that surround them, creating projects that are connected to their realities and needs through artistic and educational events with national and international artists. INVESTMENT OF 250 (USD 85 mil) 109 people participated in this project

20 INSTITUTIONAL EN- HANCEMENT INVESTMENT LINE 3 Our commitment to the organizations devoted to consider, investigate and influence subjects of justice, transparency, democracy, environment and citizenship: Fundesarrollo Fundación ANDI CECODES Corporación Antioquia Presente Corporación Transparencia por Colombia Fundación Ideas para la Paz Fedesarrollo Fundación Solidaridad por Colombia Excelencia en la Justicia Empresarios por la Educación Consejo Privado de Competitividad INVESTMENT OF 1,574 (USD 533 mil) 27 organizations backed 184,512 beneficiaries 10% del total de la inversión en Colombia

- VOLUNTARY CORPS This program contributes to enhance the skills of the collaborators of SURA and to develop the models of the companies Human Talent through different social transformations in which

21 - VOLUNTARY CORPS This program contributes to enhance the skills of the collaborators of SURA and to develop the models of the companies Human Talent through different social transformations in which time, knowledge and talent is shared with the communities. The Voluntary Corps of SURA is managed through the following initiatives: INVESTMENT OF 2,318 (USD 785 mil) One Day For (activities in a single day) Time (ongoing volunteer activities) Adding Wills (regional activity) Solidarity Funds (contributions made in cash)

22 IN COLOMBIA» And if we dream of having a better world and building a harmonious future for our next generations? INVERSIÓN EN COLOMBIA 983 (USD 333 mil) 1,799 VOLUNTEERS IN COLOMBIA 20,718 HOURS INVESTED IN VOLUNTARY ACTIVITIES 23,995 PEOPLE BENEFITTED

23 IN LATINOAMÉRICA» INCREASING EFFORTS IN LATIN AMERICA! 1,335 (USD 452 mil) 3,698 VOLUNTEERS IN LATIN AMERICA 35,181 BENEFICIARIES In 2017, we multiplied the wish to change realities and to improve school settings in Argentina, Brazil, Colombia, Peru, Uruguay, El Salvador, Dominican Republic, Chile, Panama and Mexico, with two activities of Adding Wills, our regional program. 37,795 INVESTMENT

24 2 O

25 2018 OUTLOOK Increase the contribution of social investments in the countries where the Company operates. Confirm our commitment to Education Quality and Cultural Promotion by developing initiatives of our own and in alliance with other organizations. To publish with REDUCA the research entitled Overview of Education in Latin America (Panorama de la Educación en América Latina), a valuable document to determine the focus of our investment in education. To enhance the business skills of the indigenous and African-Colombian population to develop cultural entrepreneurship initiatives. To boost the leadership skills of teachers engaging the competencies of being and of doing, which will reflect on improving the quality of the educational process. To promote knowledge through research, documenting experiences, and exchanging knowledge in projects and initiatives. En el tejido se refleja la historia, las conversaciones y las relaciones... punto de inicio del futuro que se construye a hilo.

26 LEGAL ASPECTS From December 31, 2017 to the date this report was published, no positive or negative situation or event which can hurt the economic, financial or operational evolution of the Foundation has taken place. Fundación SURA certifies that it fully meets the regulations on intellectual property and copyright for the development of products and the license of software used for its operation alongside the use of brands and signs, which are registered before the competent authorities. The Foundation has evidence to make these statements. In compliance with Law 1676 of 2013, the Foundation states it has not hindered the free circulation of the invoices issued by salespersons or suppliers. Read on-line the External Auditor s Report, the Balance Sheet with its Notes, and the Income Statement with its Notes at

27 TOROGOZ El Salvador

30 2017 INFORME DE GESTIÓN SOCIAL

96 Management Report First Half Gabriela White Student Bogota D. C. Chapter 8 Our Commitment to Stakeholders

96 Management Report First Half 2013 Gabriela White Student Bogota D. C. Chapter 8 Our Commitment to Stakeholders 97 We support great dreams, such as becoming an astronaut. We multiply opportunities, through