Van Lanschot is an involved wealth manager. And we’re not merely committed to our clients, employees and shareholders – we’re equally committed to the communities we’re part of. In addition to providing financial services, we give back through sponsorship programmes, donations and pro bono service by our employees.
In 2016 we set up the Van Lanschot Kempen Foundation (VLKF) to enhance the impact of our social initiatives. The VLKF will deploy financial resources and our employees’ know-how to benefit a wide range of community projects. The foundation will pursue initiatives in the Netherlands in four specific areas: financial education and talent development; art and culture; healthcare; and social cohesion through sport.
The Van Lanschot Kempen Foundation draws on both our own financial resources, through charitable donations, and the volunteering activities of our employees. A few examples:
As a Bizworld sponsor, Van Lanschot encourages its employees to teach children in their final year of primary school and third year of secondary school about entrepreneurship, banking and investment.
Van Lanschot and its subsidiary Kempen are partners in JINC, enabling our money and employees to help young people learn – through JINC programmes – about the world of work, including the financial industry, in a way that’s fun and exciting. Van Lanschot offices have been offering ‘flash internships’ since 2012 and Van Lanschot staff have been teaching job application courses at vocational secondary schools in Utrecht and ’s-Hertogenbosch.
Giving Back works with talented and ambitious secondary school students whose backgrounds narrow their horizons, encouraging them and giving guidance on how to leverage their talents. Giving Back aims to help these youngsters grow and develop into successful adults in Dutch society. In addition to providing financial support, Van Lanschot and Kempen also make active contributions to the Giving Back programmes.
Van Lanschot contributes to Bank voor de Klas, a financial guest classes programme set up by Dutch banks. Most recently, in March 2015, employees played the Cash Quiz in around 100 guest classes at primary schools across the country. The purpose of the game was to teach children how to handle money from a young age.
Basisuniversiteit gives inquisitive children an opportunity to research a variety of subjects, together with academics, scientists and experts in trade and industry. To date, Van Lanschot has participated in a number of these projects that both the children and our employees find very enlightening.
In addition to sponsorship agreements, Van Lanschot also simply donates cash to community projects via various channels, for which we expect nothing in return.
In 2016, Van Lanschot made donations to a variety of causes, mainly but not exclusively to civil society institutions that fit in with the themes of our Van Lanschot Kempen Foundation.
Many of our employees do a lot of charity work outside working hours, and they sometimes seek a donation for their particular cause from Van Lanschot’s Charity Committee. This Committee is part of the Van Lanschot Kempen Foundation.
Van Lanschot rolled out the Charity Service for its clients three years ago. The service broadens and deepens our role as a wealth manager and is intended to advise our clients in the field of philanthropy. Since then, we have seen a growing interest on our clients’ part not only in philanthropy, but also in social entrepreneurship and impact investing. We responded in 2016 by expanding our Charity Service to include an impact investing element. We use personal advisory discussions to determine our clients’ wishes and needs in terms of social impact and then help them choose the most appropriate donation or investment strategy. For more information, see Charity Service.
In 2014 we formed a partnership with Ashoka, the world’s oldest and largest not-for-profit network for social entrepreneurs. Both Van Lanschot and Ashoka have close relationships with wealthy individuals, entrepreneurs and entrepreneurial families. These are important client groups for us, while for Ashoka they make up a valuable network of partners who are willing to actively assist social entrepreneurs achieve their goals.
Social entrepreneurship has many definitions, but the desire to achieve social benefits is common to them all. A social entrepreneur can change the system by translating a social problem into a business case, helping to provide structural solutions. We organised networking networking events and workshops where our clients met Ashoka’s selected social entrepreneurs (‘fellows’).