We are multiplying social capital. Summary of 2016 activities

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We are multiplying social capital Summary of 2016 activities

WE ARE MULTIPLYING SOCIAL CAPITAL We are multiplying social capital is the The second pillar of the foundation s mission of Bank Millennium Foundation, operations is cultural education. This which has been involved in social direction results from almost 30-year programmes already since 1990. The goal tradition of Bank Millennium, which of our projects is to share our skills and supports valuable cultural programmes. expertise, and support local communities. As partner of Warsaw Art Fair and KEY PROJECTS Financial ABCs an original, nation-wide programme of financial education for children Millantrop grant contest for the best volunteer projects Compass of Young Art, we broadened the In 2016, we decided that our foundation knowledge of a dozen of thousands people will focus on three areas of activity: about the art market and investing in art. financial education, cultural education and promotion of volunteering. Selection of the For us, of great importance is also first resulted from an analysis of market involvement of the Bank s employees in and scientific research. They told us that social actions. To enable them to launch financial literacy of Poles was very low. their own volunteering ideas, we set Our response to this social problem was up a contest where we award grants development of an original programme for execution of interesting and helpful of financial education for children - volunteer projects. Already a few hundred Financial ABCs. We have concentrated volunteers have participated in two our attention on children as they are only editions of the grant contest, delivering developing their behavioural patterns projects for a few thousand recipients. Warsaw Art Fair cultural education about art market Young Art Compass promotion of young artists now and these will often determine their financial attitudes. In our Financial ABCs Please, take a look at the Millennium programme we have already delivered Foundation s 2016 actions. almost 300 workshops for 6000 preschoolers all over Poland. In the second edition of the programme, supported by the bank s employees volunteers, we will train approx. 7500 children. Iwona Jarzębska Chairperson of Bank Millennium Foundation 2 3

Three pillars of activity FINANCIAL EDUCATION CULTURE WE BOOST FINANCIAL AWARENESS OF CHILDREN AND YOUTH VOLUNTEERING Financial ABCs is our original, nation- According to an OECD wide programme of financial education financial literacy survey for pre-schoolers under the honorary Poland came last among patronage of the Children Ombudsman. 30 countries. Poles have The programme has been prepared and not only little knowledge executed by the Bank s employees in of finance, but most of all, cooperation with a non-governmental shortages in the area of organisation. In 2016, during 236 long-term financial planning workshops delivered within our Financial and financial behaviour. ABCs programme, almost 6000 children Behaviours and attitudes from 70 kindergartens nation-wide need to be taught from an were trained. For the purpose of the early age, thus Financial programme, special educational materials, ABCs - the main educational such as books, colouring booklets and program of Bank Millennium stickers, were developed with assistance of Foundation - is targeted at parents - Bank Millennium employees. The young children. materials are available for both the children participating in the workshops and those visiting Bank s branches. In the second edition of the programme, supported by volunteers - the Bank s employees, 7 500 children from a few voivodships in Poland will be trained. Paulina Wołosz-Sitarek Member of the Management Board of Bank Millennium Foundation 4 5

Three pillars of activity FINANCIAL EDUCATION CULTURE VOLUNTEERING WE PROMOTE ART AWARENESS In 2016, we sponsored the educational The Foundation has been part of the Warsaw Art Fair an propagating the knowledge important artistic event in which several of the art market and thousand people take part every year. art investments which is With our support, art workshops for becoming increasingly more children as well as lectures of experts on useful on the Polish market. the art market and investing in art were The research shows that held. although Poles not that For some years now we have been a often invest in art, this type partner in a ranking of young Polish artists of investment is gaining in the Young Art Compass. Apart popularity. The example of from education, the role of the Compass western countries proves that is to act towards building a professional auction sales are growing and art market in Poland. Collectors, owners so are the prices of individual of galleries and auction houses as well as masterpieces. Also, while investors treat the ranking as a source of supporting young, eminent valuable information about the positioning artists, we continue almost of young artists. The Foundation also 30-year long tradition of sponsored the award for the ranking Bank Millennium which has winner. been supporting valuable cultural projects. Beata Krupińska Member of the Management Board of Bank Millennium Foundation 6 7

Three pillars of activity FINANCIAL EDUCATION CULTURE VOLUNTEERING We run a program called Millantrop in which grants are awarded through contests for Bank employees to So far, in Bank Millennium there have been a few volunteer programmes run social campaigns. So far 154 conducted and these were WE INSPIRE TO ACT IN FAVOUR OF OTHERS volunteers have participated in the grant-funded projects, delivering projects for almost primarily intended to support disabled artists and provide financial education. 2000 beneficiaries. In these projects, Employees organised also volunteers from Bank Millennium charity events for children conducted chess training, renovations of in need. We also learned common rooms and libraries in schools, that support is needed for and acting as mentors helped children organisations from small and youth develop their passions. towns. We would like to give our employees from all over Poland an opportunity to design their own event that would best suit the needs of their local organisations or people from their local community. Hence, an idea was developed to organise a grant contest for volunteer programmes in which you may decide yourself whom and how to support. Anna Pulnar Bank Millennium Foundation programme coordinator 8 9

10 11

Fundacja Banku Millennium Ul. Żaryna 2a 02-593 Warszawa fundacja@bankmillennium.pl