Â鶹´«Ã½AV

The Â鶹´«Ã½AV received start-up capital from VGP, which will provide further annual funding. Additionally, VGP offers in-kind funding through the provision of expert volunteers, community volunteers, products and services. It also provides office space, IT, administration and travel support.

The Â鶹´«Ã½AV anticipates supporting local projects in all European countries. If a VGP country organization is present in a certain country, it will be able to assist in localizing community initiatives and ensure further development of given projects.

Apart from the support mentioned above, the Â鶹´«Ã½AV operates on a strictly independent basis from VGP's business activities. Independence is key to our ability to deliver our charitable objectives and it is maintained in a number of ways, including:

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Ìý Ìý Ìý Ìý Ìý ✔Ìý A mixed board including senior VGP leaders and leading figures from sector relevant to our charitable work with noÌý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìýprevious link to VGPÌý

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Ìý Ìý Ìý Ìý Ìý ✔Ìý In addition, a set of operations principles to which our staff, board and partners are held accountable, includesÌý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìýa commitment to protect our independenceÌý

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Ìý Ìý Ìý Ìý Ìý ✔Ìý Regular reports that assess our projects and performance against pre-defined impact targets and milestones.

The Â鶹´«Ã½AV´s charter foresees a board of six members, including three directors who are independent from VGP. The Board has full responsibility for the strategy, policies, performance and operations (including the management of funds) of the Â鶹´«Ã½AV. It also makes the final decision on all projects run as part of the Â鶹´«Ã½AV’s programs.

Read more about Our Board Members.

The Â鶹´«Ã½AV operates in accordance with charity regulations. All partners of the Â鶹´«Ã½AV are required to define KPIs and report on the progress of joint projects at the end of each quarter. Additionally, the Â鶹´«Ã½AV follows its own reporting process to ensure the best allocation of funds and resources.