{"id":2568,"date":"2022-10-02T17:38:08","date_gmt":"2022-10-02T14:38:08","guid":{"rendered":"https:\/\/swacharity.eu\/?p=2568"},"modified":"2023-01-30T19:50:04","modified_gmt":"2023-01-30T17:50:04","slug":"2022q23","status":"publish","type":"post","link":"https:\/\/swacharity.eu\/en\/2022q23\/","title":{"rendered":"2022 Q2 and Q3 overview"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p data-pm-slice=\"1 1 &#091;&#093;\">Our vision is to create the biggest sustainable foundation in Eastern Europe that is run by investment principles and supports the development of the youth. We wish to grow our fund\u2019s assets in the most effective way and as transparently as possible by giving an overview of our charitable projects and investments.<\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\">As of the end of September, we have <strong>donated a total of 11,889 euros<\/strong> since the beginning of 2017, out of which 2,400 euros this year. Our third good deed this year was giving out our annual Greete Poderat&#8217;s Young Athlete Scholarship which was won by a young Estonian ski jumper Kaimar Vagul:<\/p>\n<\/div><div class=\"fusion-blog-shortcode fusion-blog-shortcode-1 fusion-blog-archive fusion-blog-layout-medium fusion-blog-no\"><div class=\"fusion-posts-container fusion-posts-container-no fusion-no-meta-info fusion-blog-rollover\" data-pages=\"1\"><article id=\"blog-1-post-2502\" class=\"fusion-post-medium post-2502 post type-post status-publish format-standard has-post-thumbnail hentry category-blog-en category-successful-projects tag-greete22 tag-kaimar22\">\n\t<style type=\"text\/css\">\n\t\t\n\t\t\n\t\t\t\t\t#blog-1-post-2502 .fusion-post-slideshow .fusion-image-wrapper img {\n\t\t\t\twidth: auto;\n\t\t\t}\n\t\t\n\t\t\t\t\t#blog-1-post-2502 .fusion-post-slideshow .fusion-image-wrapper img {\n\t\t\t\theight: auto;\n\t\t\t}\n\t\t\n\t\t\t<\/style>\n\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"750\" height=\"500\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2022\/05\/Pic_3.jpeg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2022\/05\/Pic_3-200x133.jpeg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2022\/05\/Pic_3-300x200.jpeg 300w, https:\/\/swacharity.eu\/wp-content\/uploads\/2022\/05\/Pic_3-400x267.jpeg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2022\/05\/Pic_3-600x400.jpeg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2022\/05\/Pic_3.jpeg 750w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/swacharity.eu\/en\/greete22\/\" aria-label=\"Greete Poderat Young Athlete Scholarship 2022 won by Kaimar Vagul\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content post-content\"><h2 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/swacharity.eu\/en\/greete22\/\">Greete Poderat Young Athlete Scholarship 2022 won by Kaimar Vagul<\/a><\/h2><div class=\"fusion-post-content-container\"><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/article>\n<\/div><\/div><div class=\"fusion-text fusion-text-2\"><p>In October we are issuing a 1300 euro scholarship in cooperation with the Tallinn University of Technology Foundation, to support a Ukrainian student studying at Taltech. Applications can be submitted from September 27 to October 18 through the Development Fund, and all full-time Ukrainian Taltech students are welcome to apply:<\/p>\n<\/div><div class=\"fusion-blog-shortcode fusion-blog-shortcode-2 fusion-blog-archive fusion-blog-layout-medium fusion-blog-no\"><div class=\"fusion-posts-container fusion-posts-container-no fusion-no-meta-info fusion-blog-rollover\" data-pages=\"2\"><article id=\"blog-2-post-2587\" class=\"fusion-post-medium post-2587 post type-post status-publish format-standard has-post-thumbnail hentry category-blog-en category-successful-projects tag-taltech-en tag-vira-en\">\n\t<style type=\"text\/css\">\n\t\t\n\t\t\n\t\t\t\t\t#blog-2-post-2587 .fusion-post-slideshow .fusion-image-wrapper img {\n\t\t\t\twidth: auto;\n\t\t\t}\n\t\t\n\t\t\t\t\t#blog-2-post-2587 .fusion-post-slideshow .fusion-image-wrapper img {\n\t\t\t\theight: auto;\n\t\t\t}\n\t\t\n\t\t\t<\/style>\n\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"2048\" height=\"1365\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1.jpeg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1-200x133.jpeg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1-300x200.jpeg 300w, https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1-400x267.jpeg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1-600x400.jpeg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1-768x512.jpeg 768w, https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1-800x533.jpeg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1-1024x683.jpeg 1024w, https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1-1200x800.jpeg 1200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1-1536x1024.jpeg 1536w, https:\/\/swacharity.eu\/wp-content\/uploads\/2023\/01\/1.jpeg 2048w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/swacharity.eu\/en\/vira\/\" aria-label=\"Taltech Development Fund scholarship won by Vira Lavrova\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content post-content\"><h2 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/swacharity.eu\/en\/vira\/\">Taltech Development Fund scholarship won by Vira Lavrova<\/a><\/h2><div class=\"fusion-post-content-container\"><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/article>\n<\/div><\/div><div class=\"fusion-text fusion-text-3\"><p data-pm-slice=\"1 1 &#091;&#093;\">We wish to do 3-4 good deeds a year that are based on our mission to help young people acquire knowledge and skills, and develop their character so that they can fulfill their dreams. For 2023 we have already planned a Lithuanian charitable project and we will continue with our annunal Greete Poderat Young Athlete Scholarship.<\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\">We have fundraised a total of <strong>85,162 euros of donations to different country accounts:<\/strong><\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\"><div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-2537-163049243\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-2537\">.locker,.locker-loader{position:absolute;top:0;left:0;width:100%;height:100%}.locker{z-index:1000;opacity:.8;background-color:#fff;-ms-filter:\"progid:DXImageTransform.Microsoft.Alpha(Opacity=80)\";filter:alpha(opacity=80)}.locker-loader{z-index:1001;background:url(https:\/\/swacharity.eu\/wp-content\/plugins\/visualizer\/images\/ajax-loader.gif) no-repeat center center}.dt-button{display:none!important}.visualizer-front-container.visualizer-lazy-render{content-visibility: auto;}.google-visualization-controls-categoryfilter label.google-visualization-controls-label {vertical-align: middle;}.google-visualization-controls-categoryfilter li.goog-inline-block {margin: 0 0.2em;}.google-visualization-controls-categoryfilter li {padding: 0 0.2em;}.visualizer-front-container .dataTables_scrollHeadInner{margin: 0 auto;}<\/style><div id=\"visualizer-2537-163049243\" class=\"visualizer-front  visualizer-front-2537\"><\/div><!-- Not showing structured data for chart 2537 because description is empty --><\/div><\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\">In order to start donating to other countries, we want to raise at least 5,000 \u20ac per country.<\/p>\n<p>In addition, we have raised 3,230 euros in Estonia to support one-time charity projects. We are extremely grateful to all our supporters and especially our month to month donors. We are sincerely grateful for all the supporters and especially our month-to-month donors.\u00a0<span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/swacharity.eu\/en\/donate\/\"><strong>Help us to do good by becoming our month-to-month donor.<\/strong><\/a><\/span><\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\"><div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-2541-150151039\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-2541\">.locker,.locker-loader{position:absolute;top:0;left:0;width:100%;height:100%}.locker{z-index:1000;opacity:.8;background-color:#fff;-ms-filter:\"progid:DXImageTransform.Microsoft.Alpha(Opacity=80)\";filter:alpha(opacity=80)}.locker-loader{z-index:1001;background:url(https:\/\/swacharity.eu\/wp-content\/plugins\/visualizer\/images\/ajax-loader.gif) no-repeat center center}.dt-button{display:none!important}.visualizer-front-container.visualizer-lazy-render{content-visibility: auto;}.google-visualization-controls-categoryfilter label.google-visualization-controls-label {vertical-align: middle;}.google-visualization-controls-categoryfilter li.goog-inline-block {margin: 0 0.2em;}.google-visualization-controls-categoryfilter li {padding: 0 0.2em;}.visualizer-front-container .dataTables_scrollHeadInner{margin: 0 auto;}<\/style><div id=\"visualizer-2541-150151039\" class=\"visualizer-front  visualizer-front-2541\"><\/div><!-- Not showing structured data for chart 2541 because title is empty --><\/div><\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\"><strong>In total we have invested 82<span data-sheets-value=\"{\" data-sheets-userformat=\"{\">,890<\/span>\u00a0euros.<\/strong> Since 2017, the fund&#8217;s assets have <strong>generated \u20ac 15,985 in passive income<\/strong>, of which \u20ac 7,690 dividend income, \u20ac 5,021 interest from crowdfunding projects, \u20ac 2,188 interest from bonds and \u20ac 1085 interest from direct loans. In addition to passive income we have earned \u20ac 6,672 from the sale of stocks.<\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\">According to the fund&#8217;s principles, we donate 50% of the return on investments to charity and the remaining 50% is reinvested again. So your good deed will keep on doing good forever. Our wish is that the maintenance costs of the Foundation are as low as possible. The only costs of the fund are accounting, bank fees, web hosting and annual review. As the fund has grown, these costs have become increasingly marginal.<\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\"><div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-2545-499039082\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-2545\">.locker,.locker-loader{position:absolute;top:0;left:0;width:100%;height:100%}.locker{z-index:1000;opacity:.8;background-color:#fff;-ms-filter:\"progid:DXImageTransform.Microsoft.Alpha(Opacity=80)\";filter:alpha(opacity=80)}.locker-loader{z-index:1001;background:url(https:\/\/swacharity.eu\/wp-content\/plugins\/visualizer\/images\/ajax-loader.gif) no-repeat center center}.dt-button{display:none!important}.visualizer-front-container.visualizer-lazy-render{content-visibility: auto;}.google-visualization-controls-categoryfilter label.google-visualization-controls-label {vertical-align: middle;}.google-visualization-controls-categoryfilter li.goog-inline-block {margin: 0 0.2em;}.google-visualization-controls-categoryfilter li {padding: 0 0.2em;}.visualizer-front-container .dataTables_scrollHeadInner{margin: 0 auto;}<\/style><div id=\"visualizer-2545-499039082\" class=\"visualizer-front  visualizer-front-2545\"><\/div><!-- Not showing structured data for chart 2545 because description is empty --><\/div>\nInvesting wise in the 2nd and 3rd quarter we directed \u20ac 2,000 to a loan syndicate and bought \u20ac 919 worth of dividend stocks. We will continue to invest in selected low-risk and passive income generating asset classes. Fund&#8217;s net asset value amounted to<strong> 85,228 euros<\/strong> at the end of the third quarter.<\/p>\n<\/div><div class=\"fusion-text fusion-text-4\"><div>\n<hr \/>\n<div>\n<p><em>Southwestern Advantage Foundation\u2019s vision is to be the biggest charitable foundation in Eastern Europe that is built on investment principles and helping young people in obtaining knowledge and developing character so they can fulfill their dreams in life. We help European youth get better entrepreneurship education and offer investment knowledge to those who do not have the opportunity. We are working to reduce and prevent poverty.<\/em><\/p>\n<p><em>We only donate money from the fund\u2019s passive income by directing 50% of the return to charity and 50% back to the fund. That is how your good deed will remain giving forever.<\/em><\/p>\n<\/div>\n<div>\n<p><em>Help us do good:\u00a0<span style=\"color: #3366ff;\"><strong><a style=\"color: #3366ff;\" href=\"https:\/\/swacharity.eu\/en\/donate\/\">https:\/\/swacharity.eu\/en\/donate\/<\/a><\/strong><\/span><\/em><\/p>\n<\/div>\n<\/div>\n<div><\/div>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":2559,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/2568"}],"collection":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/comments?post=2568"}],"version-history":[{"count":3,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/2568\/revisions"}],"predecessor-version":[{"id":2623,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/2568\/revisions\/2623"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/media\/2559"}],"wp:attachment":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/media?parent=2568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/categories?post=2568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/tags?post=2568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}