AKO Foundation
Kristiansand
31st March 2016
Nicolai Tangen
About AKO Capital
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AKO Foundation
Started in 2005
62 people
$9bn in assets
$3.4bn in profits for clients
65% endowment investors
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AKO Foundation
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AKO Foundation
4 years old
10% of AKO profits
Now funded by NOK 500m
Lean organisation
No incoming calls
Image from Strømme Foundation
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Why give?
AKO Foundation
• Right thing to do!
• Holistic view on business
• Motivational
Personally
Organisationally
Image from Pixabay (Creative Commons)
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What do we support?
AKO Foundation
• Education
• Art
• ‘Local’ projects
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AKO ‘Give back’ initiative
AKO Foundation
• Suggestions from AKO staff
• Democratic vote
• Leadership development
Image from Strømme Foundation
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Charity framework
AKO Foundation
• Tax deductible in UK
• Media
• Match funding
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AKO-Stromme Match giving
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AKO Foundation
AKO Foundation match gifts this week
Up to NOK 10m
Additional matching exists
NOK 1 becomes NOK times X
Image from Strømme Foundation
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Thank you
AKO Foundation
AKO Foundation