Amsterdam 4th October 2022: Q3 Activity report
No donations were made in Q3 2022 due to the large donations made in Q1 2022 to the Red Cross providing shelter to the Ukrainian refugees (€ 346 000) and the donation to the anchor projects which are 11 charities across nine European countries involved in the education, nurturing and protection of children and teenagers (€ 88 920).
However, the Foundation continues to receive income from Kepler Cheuvreux itself and at the end of Q3 2022 had liquidity of € 327 913.
It was agreed at the Foundation board meeting, held on 22nd September, that the next round of disbursements to the anchor projects would take place Q4 2022 after the 3rd annual Charity Trading Day which is due to take place on US Thanksgiving (24th November).
Thank you for your interest and support ! If you have any comments or questions, please send them to: [email protected]
Secretary, on behalf of the Kepler Cheuvreux Foundation