How to support us?
Each year, thanks to the generosity of 2,500 donors, the HEC Foundation supports the development of excellence projects and promotes equal opportunities.
Your support is vital for the School. Thank you for your precious support.
Many ways to support the HEC Foundation
Many people believe that by donating to worthy causes, they can make the world a better place. This is a sentiment shared by the HEC Foundation, and it is largely responsible for the recent development of philanthropy in France and wider Europe. The HEC Foundation itself has been able to observe this growing ‘commitment to generosity’, as we like to call it.
More and more Alumni and non-Alumni alike are choosing to support us by investing their money (and sometimes even their time) in non-profit projects that both they and HEC believe in. They want to TAKE ACTION and give MEANING to the support (often financial) that they are able to provide.
The HEC Foundation is there to meet the needs of these new philanthropists and to accompany them in the construction of a better world.
Taxation on donations for a donor based in France :
The HEC Foundation has been recognized as a public-interest foundation since July 5, 1973, and has held umbrella foundation status since 2010. As a result, your contribution is eligible for significant tax benefits.
Income Tax: 66% of the amount of your donation is tax-deductible, up to a limit of 20% of your taxable net income (Article 200 of the French General Tax Code).
- The donor must be a French tax resident.
- Donations may be made in cash or in kind, provided they do not result in any benefit in return for the donor.
- If donations exceed the 20% limit, the excess may be carried forward over the following five years and remains eligible for the same tax reduction conditions.
Example:
A €300 donation = one week of tuition for a scholarship student.
66% × €300 = €198 income tax reduction.
The actual cost of your donation is therefore €102 after tax deduction.
Real Estate Wealth Tax (IFI): 75% of the amount of your donation is deductible from your IFI liability, up to a maximum tax reduction of €50,000 per year (Article 978 of the French General Tax Code).
- Donors may be tax residents outside France.
- Eligible donations include cash gifts as well as gifts of publicly traded securities transferred in full ownership on a regulated French or foreign market.
Please note: any capital gain on donated securities remains taxable to the donor. - The tax reduction is capped at €50,000 per year, corresponding to a maximum donation of approximately €66,667.
- The former ISF-PME tax reduction scheme no longer exists. Today, making a charitable donation is one of the only ways to reduce your IFI liability.
Please note: the tax benefit may be limited for taxpayers who are subject to the IFI tax cap mechanism.
Income Tax (IR) and IFI tax reductions cannot be combined on the same donation.
The portion of a donation that gives rise to an IFI tax reduction cannot also qualify for an income tax reduction. However, any amount not used for the IFI tax reduction may still be eligible for an income tax deduction, and vice versa.
Did you know?
There are many other ways to support HEC Paris and benefit from significant tax advantages, including:
a bequest (legacy gift),
a life insurance policy,
a temporary transfer of usufruct,
a gift of shares or securities,
and other planned giving options.
For personalized guidance, please contact the HEC Foundation team.
If you live in France, by making a donation to the HEC Foundation before December 31, you can benefit from a tax reduction of 66% of the amount of the donation (up to a limit of 20% of net taxable income).
For example: a donation of € 100 costs you € 34 after tax reduction.
If you are subject to it, you can deduct 75% of the amount of the donation from your property wealth tax.
For example: a donation of € 100 costs you € 25 after tax reduction.
The HEC Foundation is supported by a Charitable Trust in the United Kingdom (Friends of HEC Charitable Trust) which collects funds on our behalf and allows you to benefit from tax advantages locally.
Contact:
Friends of HEC Charitable Trust
43-49 Parker
St, London WC2B 5PS
UK
Email: friendsofhec.uk@gmail.com
The HEC Foundation benefits from the support of Friends of HEC Inc. in the United States, which collects funds on our behalf and allows you to benefit from tax advantages locally.
Contact:
Friends of HEC Inc
136 Madison Avenue, 6th Floor
New York, NY, 10016, USA
The Transnational Giving Europe (TGE) network allows donors who are taxpayers of partner countries to support HEC Paris and enjoy the tax benefits provided by the legislation of their country of residence.
The TGE network applies for donations from Germany, Belgium, Bulgaria, Hungary, Ireland, Italy, the Netherlands, Poland, Romania, Slovakia, Luxembourg and Switzerland.
You will find the contact details of the partner Foundation in your country on the following page: list of partner Foundations
When making your donation through one of our partner Foundations, be sure to include your name and the mention "HEC" in the wording of the transfer.
If your country is not part of the Transnational Giving Europe (TGE) program, we invite you to make a donation from the online donation platform in France or to contact Deborah ARINGOLI, Director of international development of the HEC Foundation (aringoli@hec.fr).
We invite you to make your donation from the online donation platform in France or to contact Deborah ARINGOLI, Director of international development of the HEC Foundation (aringoli@hec.fr).
For companies subject to French corporate income tax, donations are eligible for a tax deduction of 60% of the amount donated, up to a limit of 0.5% of the company's annual turnover. Any amount exceeding this threshold may be carried forward over the following five years (Article 238 bis of the French General Tax Code).
Your company can also build a privileged relationship with the HEC Paris campus by joining the HEC Foundation's network of corporate partners.
Several opportunities are available, including:
funding a research center,
creating an endowed chair,
supporting student scholarships,
becoming a corporate partner,
and much more.
You can choose to donate all or part of your assets to the HEC Foundation in the form of a bequest: a money gift, real estate (an apartment, house or piece of land) or tangible personal property (including antiques/furniture, works of art, equity/securities portfolio, life insurance, copyrights or patents).
For more information, please contact Cécile De Bodman : de-bodman@hec.fr
Do you have any questions? Don't hesitate to contact us.
