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HEC Foundation Surpasses its First Fundraising Campaign Goals

20 November 2013

HEC Paris is proud to announce the completion of its first fundraising campaign. In September 2008, the HEC Foundation launched a €100 million fundraising campaign over a five-year period. In total the HEC Foundation raised € 112 million from donations and pledges made by 7,500 donators, 150 premium donors and nearly 70 partner companies. Thanks to this campaign, the HEC Foundation now contributes to 8% of the school’s development budget whilst maintaining an endowment, like most international business schools.

HEC Paris is proud to announce the completion of its first fundraising campaign. In September 2008, the HEC Foundation launched a €100 million fundraising campaign over a five-year period. In total the HEC Foundation raised € 112 million from donations and pledges made by 7,500 donators, 150 premium donors and nearly 70 partner companies.

Thanks to this campaign, the HEC Foundation now contributes to 8% of the school’s development budget whilst maintaining an endowment, like most international business schools.

These funds have also allowed HEC Paris to fully engage in its key priority areas.  HEC has put in place and implemented a policy to improve equal opportunities (20% of HEC students hold scholarships). Another portion of the funds has also allowed the school to attract the best research-professors in the world, and fuel its research excellence. Several teaching innovations have stemmed out of this research, such as the Alternative Management Major, the Digital Business Center, the Social Business Certificate and the Incubator. Teaching and Research Chairs dedicated to current issues have also been inaugurated: Google@hec, Digital Innovation for Business, Leadership, Innovation Management and Globalization, or New Business Models in the Energy Industries...

Such tremendous and historic support is undeniably both a vote of confidence and a boost of ambition for HEC Paris, its faculty and students alike.

Daniel Bernard, President of the HEC Foundation, said: ‘Our ambition first and foremost is to reinforce the excellence of HEC Paris on a global scale and to open the school to all talents through financial support. This fundraising campaign is an unprecedented surge of generosity for higher education and research in France. It forms the basis of a new business model which will guarantee sustainable funding for HEC. This would not have been possible without the unfailing support of alumni and companies, and without the tireless dedication of the professional team who led the campaign.’

For Bernard Ramanantsoa, Dean of HEC Paris, ‘By involving alumni and partner companies in our school’s projects, this campaign has given HEC the means to fulfil its ambitions on the international scene. It will help HEC look to the future whilst remaining faithful to the human values it defends. I would like to warmly thank the HEC Foundation, and especially its partner companies and donors, for standing by our side to meet these challenges, which will pave the way for HEC’s future success.’


Press Contact

Leyla Douci-Habane
+33 1 39 67 94 23
douci@hec.fr


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