{"id":2620,"date":"2023-01-28T19:42:50","date_gmt":"2023-01-28T17:42:50","guid":{"rendered":"https:\/\/swacharity.eu\/2022-4kv\/"},"modified":"2023-01-30T20:08:01","modified_gmt":"2023-01-30T18:08:01","slug":"2022q4","status":"publish","type":"post","link":"https:\/\/swacharity.eu\/en\/2022q4\/","title":{"rendered":"2022 Q4 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 end of 2022, we have <strong>donated a total of 13,189 euros<\/strong> since the beginning of 2017, out of which 3,700 euros last year. Our fourth good deed last year was the &#8220;Towards goals in life&#8221; scholarship awarded to a young Ukrainian student, which was won by Vira Lavrova:<\/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-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-1-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-1-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-2\"><p>We want to do 3-4 good deeds a year based on our mission to help young people acquire knowledge and skills and develop their character so that they can fulfill their dreams. We have planned several charity projects for 2023, including a good deed for Lithuanian youth and giving out Greete Poderat&#8217;s Young Athlete Scholarship for the 4th time.<\/p>\n<p>We have fundraised <strong>87,720<\/strong> euros in donations to the fund by countries:<\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\"><div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-2605-1444308491\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-2605\">.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-2605-1444308491\" class=\"visualizer-front  visualizer-front-2605\"><\/div><!-- Not showing structured data for chart 2605 because description is empty --><\/div><\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\">We are extremely thankful for all the support and especially for our month-to-month donors. <a href=\"https:\/\/swacharity.eu\/en\/donate\/\"><strong>Help us to do good by becoming our month-to-month donor.<\/strong><\/a><\/p>\n<p><strong>We have invested a total of 87,072 euros.<\/strong> Since 2017, the fund&#8217;s assets have <strong>generated 16,897 euros of passive income<\/strong>, of which 7,717 euros is dividend income, 5,099 euros interest from crowdfunding projects, 2,689 euros interest from bonds, and 1,392 euros interest from loans. Passive income for 2022 was 4,574 \u20ac, out of which the 4th quarter returns were 912 \u20ac. In addition to passive income, we have earned 6,672 \u20ac from the sale of shares.<\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\"><div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-2601-1915114259\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-2601\">.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-2601-1915114259\" class=\"visualizer-front  visualizer-front-2601\"><\/div><!-- Not showing structured data for chart 2601 because title is empty --><\/div><\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\">According to the principles of the fund, we direct 50% of the return on investments to charity and the remaining 50% to investments again. That way, your good deed will remain forever. Our wish is that the maintenance costs of the Foundation should be as low as possible. The fund&#8217;s only costs are bookkeeping, web hosting, bank fees, and an annual review. As the fund has grown, these costs have become more and more marginal.<\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\"><div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-2597-2087144578\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-2597\">.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-2597-2087144578\" class=\"visualizer-front  visualizer-front-2597\"><\/div><!-- Not showing structured data for chart 2597 because description is empty --><\/div><\/p>\n<p data-pm-slice=\"1 1 &#091;&#093;\">In Q4 we issued loans for 4,000 \u20ac and bought some shares. We continue to invest in selected low-risk and cash-flow-generating assets. <strong>The fund&#8217;s net assets were 87,720 euros at the end of the 4th quarter.<\/strong><\/p>\n<\/div><div class=\"fusion-text fusion-text-3\"><p>We&#8217;re excited about the week-long Sizzler incentive trip in Sharm el Sheikh, Egypt, starting on January 29th, which will also feature a traditional charity auction. Many thanks to all our supporters and until next good deeds!<\/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<strong><a href=\"https:\/\/swacharity.eu\/en\/donate\/\">https:\/\/swacharity.eu\/en\/donate\/<\/a><\/strong><\/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":2616,"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\/2620"}],"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=2620"}],"version-history":[{"count":7,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/2620\/revisions"}],"predecessor-version":[{"id":2629,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/2620\/revisions\/2629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/media\/2616"}],"wp:attachment":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/media?parent=2620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/categories?post=2620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/tags?post=2620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}