{"id":2799,"date":"2024-04-01T08:00:49","date_gmt":"2024-04-01T05:00:49","guid":{"rendered":"https:\/\/swacharity.eu\/?p=2799"},"modified":"2024-07-24T19:22:02","modified_gmt":"2024-07-24T16:22:02","slug":"2024-kv1-kokkuvote","status":"publish","type":"post","link":"https:\/\/swacharity.eu\/en\/2024-kv1-kokkuvote\/","title":{"rendered":"Foundation overview: 1st quarter of 2024"},"content":{"rendered":"<p><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 style=\"text-align: justify;\">Our vision is to create the largest sustainable charity fund in Eastern Europe that supports the development of young people. We want to grow the fund&#8217;s assets as efficiently and transparently as possible, constantly providing an overview of the fund&#8217;s growth, good deeds and investments.<\/p>\n<\/div><div class=\"fusion-text fusion-text-2\"><hr \/>\n<p><strong>Supporting the Foundation<\/strong><\/p>\n<p style=\"text-align: justify;\">The main supporters of the charity fund are students participating in the Southwestern Advantage summer program and alumni of the program. At the same time, we are very happy to see that there are more and more supporters who have no direct connection with Southwestern Advantage, but also want to support young people in achieving their goals.<\/p>\n<p style=\"text-align: justify;\">SW students collectively supported the Foundation with a record <strong>19,635 euros<\/strong> during the annual charity auction on Southwestern Advantage prize trip in Egypt in January. Many thanks to organizer of the charity day Ilona Savik, and MC of the auction Oskar Orglaan!<\/p>\n<p style=\"text-align: justify;\">We are extremely grateful to everyone who participated in the auction: Taavi Ilmj\u00e4rv, Ilona Savik, Janis Brauers, Nikita Vlassenkov, Mirjam J\u00e4rv, Randel Suurkask, Rauno Pisa, Kaur Heinloo, Ott Kaarel K\u00f5iva, Povilas Lai\u0161evcevas and also to our regular donors. Your contribution will continue to help young people forever!<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/swacharity.eu\/en\/donate\/\"><strong>Help us in our mission by becoming a supporter<\/strong><\/a><\/span><\/p>\n<p>To date, we have received <strong>105,739 euros<\/strong> in donations to the fund, which is divided by country:<\/p>\n<div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-2793-604637508\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-2793\">.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-2793-604637508\" class=\"visualizer-front  visualizer-front-2793\"><\/div><!-- Not showing structured data for chart 2793 because description is empty --><\/div>\n<\/div><div class=\"fusion-text fusion-text-3\"><hr \/>\n<p><strong>Charitable projects<\/strong><\/p>\n<p>We are open to support various charitable projects and scholarships that are in line with the foundation&#8217;s mission to help young people develop their character and skills that support the fulfillment of their dreams.<\/p>\n<p>As of the end of March, we have donated a total of <strong>15,919 euros<\/strong> since the beginning of 2017. Our next scholarship is awarding of the annual Greete Poderati Young Athlete Scholarship this spring.<\/p>\n<p>In the first quarter of 2024, we organized the Entrepreneurial Youth Scholarship competition for the first time in Estonia and Lithuania. The aim of the scholarship was to recognize and support active and entrepreneurial young people. In addition to submitting a letter of motivation and a CV, the best students also had the opportunity to participate in practical sales and management training.<\/p>\n<\/div><div class=\"awb-gallery-wrapper awb-gallery-wrapper-1 button-span-no\"><div style=\"margin:-5px;--awb-bordersize:0px;\" class=\"fusion-gallery fusion-gallery-container fusion-grid-2 fusion-columns-total-2 fusion-gallery-layout-grid fusion-gallery-1\"><div style=\"padding:5px;\" class=\"fusion-grid-column fusion-gallery-column fusion-gallery-column-2 hover-type-none\"><div class=\"fusion-gallery-image\"><img decoding=\"async\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Grupipilt-landscape.jpg\" width=\"2048\" height=\"1536\" alt=\"Estonian scholarship applicants\" title=\"Grupipilt (landscape)\" aria-label=\"Grupipilt (landscape)\" class=\"img-responsive wp-image-2845\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Grupipilt-landscape-200x150.jpg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Grupipilt-landscape-400x300.jpg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Grupipilt-landscape-600x450.jpg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Grupipilt-landscape-800x600.jpg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Grupipilt-landscape-1200x900.jpg 1200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Grupipilt-landscape.jpg 2048w\" sizes=\"(min-width: 2200px) 100vw, (min-width: 732px) 583px, (min-width: 640px) 732px, \" \/><\/div><\/div><div style=\"padding:5px;\" class=\"fusion-grid-column fusion-gallery-column fusion-gallery-column-2 hover-type-none\"><div class=\"fusion-gallery-image\"><img decoding=\"async\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Group-photo.jpg\" width=\"1440\" height=\"1080\" alt=\"VGTU scholarship applicants\" title=\"Group photo\" aria-label=\"Group photo\" class=\"img-responsive wp-image-2843\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Group-photo-200x150.jpg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Group-photo-400x300.jpg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Group-photo-600x450.jpg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Group-photo-800x600.jpg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Group-photo-1200x900.jpg 1200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Group-photo.jpg 1440w\" sizes=\"(min-width: 2200px) 100vw, (min-width: 732px) 583px, (min-width: 640px) 732px, \" \/><\/div><\/div><div class=\"clearfix\"><\/div><\/div><\/div><div class=\"fusion-text fusion-text-4\"><p><code>\u00a0<\/code><\/p>\n<p style=\"text-align: justify;\">Our next charitable project is awarding of the annual Greete Poderat&#8217;s Young Athlete Scholarship this spring:<\/p>\n<\/div><div class=\"fusion-blog-shortcode fusion-blog-shortcode-1 fusion-blog-archive fusion-blog-layout-medium fusion-blog-pagination\"><div class=\"fusion-posts-container fusion-posts-container-pagination fusion-blog-rollover\" data-pages=\"1\"><article id=\"blog-1-post-2829\" class=\"fusion-post-medium post-2829 post type-post status-publish format-standard has-post-thumbnail hentry category-blog-en tag-noorsportlase2024-en\">\n\t<style type=\"text\/css\">\n\t\t\n\t\t\n\t\t\t\t\t#blog-1-post-2829 .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-2829 .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=\"1080\" height=\"1080\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024-66x66.jpg 66w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024-150x150.jpg 150w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024-200x200.jpg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024-300x300.jpg 300w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024-400x400.jpg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024-600x600.jpg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024-768x768.jpg 768w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024-800x800.jpg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024-1024x1024.jpg 1024w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Greete-Poderati-nimeline-stipendium-2024.jpg 1080w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><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\/young-athlethe-scholarship-2024\/\" aria-label=\"Greete Poderat Young Athlete Scholarship 2024\"><\/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\/young-athlethe-scholarship-2024\/\">Greete Poderat Young Athlete Scholarship 2024<\/a><\/h2><div class=\"fusion-post-content-container\"><p> Southwestern Advantage Foundation\u2019s aim is to contribute to young people\u2019s entrepreneurship education and experience in the countries where Southwestern Advantage student program takes place. Since 2020 we are giving out our annual Greete Poderat Young Athlete Scholarship to support [...]<\/p><\/div><\/div><div class=\"fusion-clearfix\"><\/div><div class=\"fusion-meta-info\"><div class=\"fusion-alignleft\">By <span class=\"vcard\"><span class=\"fn\"><a href=\"https:\/\/swacharity.eu\/en\/author\/sander\/\" title=\"Posts by Sander Sildver\" rel=\"author\">Sander Sildver<\/a><\/span><\/span><span class=\"fusion-inline-sep\">|<\/span><span class=\"updated\" style=\"display:none;\">2024-04-09T22:34:10+03:00<\/span><span>09.04.2024<\/span><span class=\"fusion-inline-sep\">|<\/span>Categories: <a href=\"https:\/\/swacharity.eu\/en\/category\/blog-en\/\" rel=\"category tag\">Blog<\/a><span class=\"fusion-inline-sep\">|<\/span><span class=\"meta-tags\">Tags: <a href=\"https:\/\/swacharity.eu\/en\/tag\/noorsportlase2024-en\/\" rel=\"tag\">noorsportlase2024<\/a><\/span><span class=\"fusion-inline-sep\">|<\/span><span class=\"fusion-comments\"><span>Comments Off<span class=\"screen-reader-text\"> on Greete Poderat Young Athlete Scholarship 2024<\/span><\/span><\/span><\/div><div class=\"fusion-alignright\"><a class=\"fusion-read-more\" href=\"https:\/\/swacharity.eu\/en\/young-athlethe-scholarship-2024\/\" aria-label=\"More on Greete Poderat Young Athlete Scholarship 2024\">Read More<\/a><\/div><\/div><\/article>\n<\/div><\/div><div class=\"fusion-text fusion-text-5\"><hr \/>\n<p><strong>Investments<\/strong><\/p>\n<p>We have aimed to achieve at least 10% growth in assets every year, which would allow us to allocate 5% of the fund&#8217;s volume to the budget of various scholarships and grants every year and at the same time continue to grow the assets of the fund. In this way, the donations of the supporters will continue to do good forever. Our goal is that the fixed costs of the Foundation would be as low as possible, and as the fund grows, these costs will become more and more marginal.<\/p>\n<p><strong>To date, the value of the fund&#8217;s assets has grown to 108,214 euros, which enables grants in the amount of 5,500 euros to be issued in 2024.<\/strong><\/p>\n<div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-2896-1311388083\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-2896\">.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-2896-1311388083\" class=\"visualizer-front  visualizer-front-2896\"><\/div><!-- Not showing structured data for chart 2896 because title is empty --><\/div>\n<p>Investments are divided among various asset classes as follows:<\/p>\n<div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-2903-1667098806\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-2903\">.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-2903-1667098806\" class=\"visualizer-front  visualizer-front-2903\"><\/div><!-- Not showing structured data for chart 2903 because description is empty --><\/div>\n<p style=\"text-align: justify;\">In the first quarter, there were no major reorganizations in the portfolio, however we are planning to reduce the portion of Baltic growth stocks and increase the portion of passive and regularly paid assets.<\/p>\n<\/div><div class=\"fusion-text fusion-text-6\"><div>\n<hr \/>\n<hr \/>\n<div>\n<p style=\"text-align: left;\"><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 style=\"text-align: left;\"><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 style=\"text-align: left;\"><em>Help us help more people:\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><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 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><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":7,"featured_media":2769,"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\/2799"}],"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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/comments?post=2799"}],"version-history":[{"count":63,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/2799\/revisions"}],"predecessor-version":[{"id":3117,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/2799\/revisions\/3117"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/media\/2769"}],"wp:attachment":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/media?parent=2799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/categories?post=2799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/tags?post=2799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}