Private Social Investment in Brazil: Mobilizing Resources to Promote Citizenship
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Private Social Investment in Brazil: Mobilizing Resources to Promote Citizenship JPMorgan & IDIS – Institute for the Development of Social Investment 1 Dear Friends, On May 7, 2002, JPMorgan hosted a groundbreaking event that brought together prominent advocates and experts in individual and corporate social responsibility. We met in São Paulo to share ideas and to discuss innovative solutions for improving distressed communities, advancing education and enriching the lives of those in need. At JPMorgan, we feel that as part of our own corporate social responsibility, it is important to highlight and learn more about these exciting initiatives. We applaud the individuals and organizations that are doing so much to build a better world in Brazil. We would like to note that this event would not have been possible without the dedication and commitment of Marcos Kisil, president of IDIS (Institute for the Development of Social Investment). We are delighted to have been his partner. We are happy to provide you with this booklet, which is a compilation of the event’s presentations and discussions. We hope you find this publication as inspirational and helpful as we do. We are proud to have been a part of such an important day. Rosario Perez Fabio W. Vidigal Latin America Market Executive Head of Local Brazil Private Bank JPMorgan JPMorgan 2 CONTENTS I. FOREWORD May 7, 2002: The Day We Sowed Another Seed Patrick Morin, Senior Country Officer, JPMorgan Brazil, & Rosario Perez, Latin America Market Executive, JP Morgan Brazil in the Forefront of Philanthropy Marlene Hess, Global Philanthropic Services Executive, JPMorgan II. INTRODUCTORY NOTE The Private Social Investor: An Emerging Agent of Development Marcos Kisil, President, IDIS (Instituto para o Desenvolvimento do Investimento Social) III. SOCIAL INVESTMENT IN BRAZIL TODAY The Transforming Role of Private Social Investment Marcos Kisil, President, IDIS (Instituto para o Desenvolvimento do Investimento Social) Development Transcends Economic Indicators Cláudio Haddad, President, Instituto Brasileiro de Mercado de Capitais The Forgotten Country Comes to our Door Evelyn Iochpe, President, Fundação Iochpe IV. CORPORATE SOCIAL RESPONSIBILITY & INVESTMENT Vision, Values and Strategy: The Backbone of a Social Project Celso Varga, President, Varga Participações Ltda.; Board Member of Instituto de Desenvolvimento de Limeira (IDELI) Partnerships: The Key to Making a Difference Renata Camargo Nascimento, Shareholder, Camargo Corrêa; CEO, Instituto de Cidadania Empresarial; Managing Director, Projeto Social Obra do Berço Social Responsibility is Part of Management’s Responsibility Jayme Sirotsky, President, RBS; President, Fundação Maurício Sirotsky Sobrinho 3 V. BUILDING A PHILANTHROPIC LEGACY FOR FUTURE GENERATIONS The Multiplier Effect of Organized Volunteerism Maria Elena Pereira Johannpeter, President, Parceiros Voluntários Alliance Among Three Sectors Gets Better Results Viviane Senna, President, Instituto Ayrton Senna The Inheritance our Children Offer Us Victor Siaulys, President Laboratórios Aché; Chairman, Associação Laramara 4 I. FOREWORD May 7, 2002: The Day We Sowed Another Seed Patrick Morin, Senior Country Officer, JPMorgan Brazil Today, May 7, 2002, JP Morgan has brought together here in Brazil a group of 70 social activists. The goal of this meeting is to discuss how the Bank and its many partners and friends can effectively foster societal participation in the development of the community. It will be a day of intense debate during which we will strive to encourage our partners to work toward the most important thing for this country: quality of life in all strata of society, especially the poor and underprivileged. We are all aware that the Government alone will not solve all the community’s problems. We are aware of the importance of investment and mobilizing the private sector to meet this challenge. Philanthropy and social responsibility have been very important issues for JPMorgan Chase throughout its history. The organization has worked hard at being a responsible corporate citizen ever since it was founded in 1799. Under the leadership and inspiration of David Rockefeller, social responsibility and philanthropy became an important part of the Bank. In 2001 our commitment to philanthropy entailed investments totaling more than 91 million dollars in community activities, art, culture and university education. Today David is almost 90 years old and remains one of the most actively engaged social leaders in the world. JPMorgan has a tradition of carrying out social work through its foundations in the countries where it operates. This tradition extends to employees, who take part every year in what we call Global Days of Service. One weekend every year, all our employees and their families are involved in community work. What matters most is the personal involvement of each individual in the work we do throughout the year. We are confident that the discussions we have here will not only help socially aware people to think more deeply about these issues but will also sow the seed of further meetings that will bring additional benefits to the community to which we all belong. 5 Brazil in the Forefront on Philanthropy Marlene Hess, Global Philanthropic Services Executive, JPMorgan Good morning. Before we start our discussions on philanthropy and giving, I want to recognize that this audience has many people who are leaders in individual and corporate social responsibility – and, in fact, many of you could have been on these panels yourselves. I am hoping that you all will join in during the question and answer period, and share your own experiences and insights with the rest of us up here. As Director of JPMorgan Private Bank’s Global Philanthropic Services, I work with many clients who have the burning desire to really make a difference with their giving. And as you know, giving is deeply personal. It can and should reflect an individual’s or a family’s innermost values and purpose. Your philanthropy and social investments are an expression of who you are, and what you are about. They establish your personal and family legacy for the generations that follow. Seven years ago, when Maria Elena Lagomasino asked me to help some of her clients, I was head of Not-for-Profit Relations for the Chase Manhattan Corporation, making its corporate philanthropy more effective and targeted. We realized we could become a resource to clients to help design and implement their strategies, build programs, make their social investments more effective and meaningful, and facilitate their philanthropic dreams and activities. Since then, we have worked with over 250 families and individuals. They come from different cities, states, and nations, and vary in age from late twenties to early nineties. Some have inherited their wealth; others have created it. Some are fifth- generation wealth, and others are brand new to their fortunes. Some clients are “old hands” at giving away money. For others, it is a completely new and daunting experience. Some of our clients want to use their philanthropy as a way to unite their family, others want their giving to be their own individual project. Although the methods may vary, what all our clients share is the desire to go beyond reactive giving. They want their social investments to be as strategic and effective as their financial investments. They worked hard to make their money, and they don’t want to throw it away. And many of our clients have moved beyond traditional grantmaking. They are effecting real change to better the world. They are creating non-governmental organizations to address needs they recognize that have not been met in their own communities, or sometimes even in their countries. Our clients have created museums, centers for performing arts, best-in-class institutes for medical research, programs that provide daycare and educate young children, train playwrights, protect abused youngsters and battered women, and others that protect our environment. And our clients have done this in Asia, Latin America, Europe, and all across the US. Many people in the US world of philanthropy have been hearing about the exciting philanthropic work going on here in Brazil. 6 In fact, for several years, I have known of the good works of Marco Kisil and IDIS, GIFE and Ethos, and of many of those here today. It occurred to us that, as part of our own corporate social responsibility, we should put together a conference to highlight and learn more about some of these exciting Brazilian initiatives. Since there are so many ways out there to do good, what are the most important trends in Brazil today? How do you raise people’s awareness? How do you define your legacy? How do you measure success? Today, we will have three panel discussions to examine these issues. We are fortunate to have with us today Marcos Kisil. Marcos is the President of IDIS - Institute for the Development of Social Investment, a nonprofit organization located in São Paulo. It was created to promote and disseminate concepts and best practices of private social investment and to foster community philanthropy initiatives in Latin America. He will moderate the first panel which will focus on the key trends in Brazilian social investment today. Claudio Haddad and Elena Iochpe will be joining him on that panel, and Marcos will formally introduce them to you then. The next panel will explore corporate social responsibility and personal social responsibility. Our moderator will be Celso Varga. Celso is the President of the Managerial Council of Varga Participações and is an adviser to many outstanding organizations. Joining Celso will be Renata de Camargo Nascimento and Jayme Sirotsky, whom Celso will formally introduce at that time. The final panel, moderated by Maria Elena Pereira Johannpeter, will address creating a philanthropic legacy. Maria Elena is the president of the NGO, Volunteer Partners, created by the initiative of Rio Grande do Sul enterprises to develop the culture of organized volunteer work in the State.