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creating lasting value
Valores'FoundersEvening
June 17,2020
Valores - Poland’s first Venture Philanthropy Fund
What we do?
We achieve philanthropic goals by:
applying PE/VC investment and portfolio management
practices,
targeted financial support
transfer of business know-how
What are our objectives?
increase the sustainability, scalability and social impact of promising NGOs that tackle Poland’s most serious social issues
support social organizations to develop high-impact strategies and produce measurable life-changing outcomes for the beneficiary groups they serve
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The Valores Team
Agnieszka Borek
EXECUTIVE DIRECTOR OF VALORES
Previously the Jagiellonian University’s expert on
evaluation in Poland; significant experience in
supporting NGOs
Ewa Konczal
CHAIR OF THE BOARD
Previously head of Ashoka Poland; current CEE head
for the European Venture Philanthropy Association
(EVPA)
Stanisław Knaflewski
MEMBER OF THE BOARD
Managing Partner, Altamira
Erik Hallgren
MEMBER OF THE BOARD
Managing Partner, Equitin
Robert Manz
MEMBER OF THE BOARD
Senior Advisor, Enterprise Investors;
Head of PSIK Philanthropy Committee
Barbara Nowakowska
MEMBER OF THE BOARD
Managing Director, PSIK
Krzysztof Krawczyk
MEMBER OF THE BOARD
Partner and Head of Poland,
CVC Capital Partners
Iain Haggis
MEMBER OF THE BOARD
CFO and CRO of Central Europe Industry
Partners
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Tailored financial support Non-financial support Impact measurement
“Non-restricted” funding
Typically supports employment of
key persons
Average funding per organization
= 240K PLN over 3 years
Valores’ executive team
Valores Board
monthly meetings
individual “Champions” for each
portfolio organization
Private equity mentors – the same
mentors from the SBA program
Valores donors’ and wider business,
legal and advisory community pro-
bono support
Impact measurement a key objective
Implement regular KPI reports to monitor
progress
Impact measurement focus:
Social organization towards their
target beneficiaries
Valores impact on the social
organization
Valores’ impact strategy
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Social Business Accelerator (SBA) Program
Non-financial support: up to 3 yrs Financial + non-financial support 3 years
Combined support and pipeline development
Participation in SBA
¬ min. 6–10 months
¬ c. 15 organizations
per year
Nomination to SBA and
verification
of the organization
Financial and non-
financial support over
3 years
Analysis of potential for
financial support for most
promising organizations
Non-financial support: up to 6 years
Financial support: 3 years
PSIK’s SBA program is a pipeline for Valores’ investments
Established in 2014
“Valores I”: donations of 2.3 million PLN
"Valores II“: donations of 3.0 million PLN
The capital is provided solely by more than 40 private individuals associated with the PE/VC
community plus investment and advisory community, making Valores absolutely unique in Poland.
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<a href="https://pl.freepik.com/darmowe-zdjecie-wektory/tlo">Tło
The PSIK mentors engaged in the Valores Portfolio
Dariusz Pietrzak
ENTERPRISE
INVESTORS
(BORIS)
Jacek Woźniak
(TNM)
Jacek Pogonowski
Paweł Maj
(KAMILIANSKA)
Paweł Padusiński
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VALUE4CAPITAL(POMOST)
MID EUROPA
PARTNERS
(OCALENIE)
Khai Tan
(INTEGRACJA)
Małgorzata
Bobrowska-Jarząbek
RESOURCE
PARTNERS
(FSD)
Zbigniew Łapiński
3TS CAPITAL
PARTNERS
(ROBINSON CRUSOE)
Maciej Górski
(EQUITIN
(MBU)
Bartek Trzebiński
((ŚWIATŁO)
Valores' current portfolio
Stowarzyszenie mali
bracia Ubogichlonely seniors
Fundacja
Kamiliańska Misja
Pomocy Społecznejhomeless persons
Fundacja Światłopersons in apallic state
(coma)
Stowarzyszenie BORISintellectually disabled persons
Stowarzyszenie Twoje
Nowe Możliwości
disabled students
Fundacja Ocaleniemigrants/refugees
Exited Valores’ portoflio
Fundacja Integracja
disabled persons
Fundacja
Samodzielni
Robinsonowie
youth in foster care
Fundacja Szczęśliwe
Dzieciństwoyouth education
Fundacja Pomostex-convicts & prisoners
Doug Miller
• Founder Chair of EVPA and AVPN
• Founder of IVPC
• Valores Co-Founder and cornerstone donor
• PE Professional & Venture Philanthropist by heart
The Valores COVID-19 Special Action Fund
• Launched April 30, 2020 with target of PLN 300K
• PLN 263,000 received to date from 13 generous individuals
• Adds to PLN 50,000 allocated from Valores II reserves
• Valores has now committed all received funding to twelve social
organizations (Valores and SBA participants)
• Smart grants is disbursed in tranches, based on milestones and subject
to mutually agreed uses
• Valores’ COVID funding generally covers 50-60% of needs; used as
leverage to raise funding from other sources
Image by Alexandra_Koch </a> from <a href="https://pixabay.com/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=5246910">Pixabay</a>
The Valores COVID-19 Fund – Ocalenie Foundation
PLN 65,000 for:
• Welcome Home Program
• Łomża day-house for children
The Valores COVID-19 Fund – Kamiliańska Misja Pomoc Społecznej
PLN 45,000 for:
• Training apartments: rent surcharge
• Protection gear for the shelter for homelesspersons in Warsaw Ursus
Światło (Light) Foundation supports persons who live in an apallic state(coma).
The socially and health-related marginalizataion leads them to containment in their bodies, without any chances to connect with their surroundings (family).
A need to abolish existing stereotypes about people in coma: They sleep! NOT TRUE: They live differently!
It is estimated that there are about 8,000 people each year in this condition.
Fundacja ,,Światło” in Toruń admitted 1,008 patients since 2003:• 74 awakened so far • for 60% of patients it was possible to determine the degree of
consciousness (deny the vegetative state), which translated into further therapy
• 85% of all patients are young people after transportation/car accidents • 14% of patients have had heart attacks, strokes • 1% of patients went to the ward as a result of flooding, suicide attempts
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New Valores
investee
• 10 branches throughout the country during 15 years
of existence of the organization
• Over 500 consultations quarterly
• Initiating a large nationwide campaign for the
prevention of testicular cancer "The Brave They
Win" in several cities in Poland
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Other activities of Światło Foundation
The Cancer Academy - psycho-oncological help for people affected by cancer and their relatives
• Initiating a mobile preventive action in Toruń entitled:
"We shed light on cancer."
• The scope of psycho-oncological help includes
counseling, education
• Individual or group therapy, dietitians, beauticians
support, art therapy and others.
Other activities of Światło Foundation
• National and international conferences about
the patients in an apallic state (coma)
• Family Support Center project aimed at
educating care-givers of our patients
• Kaganek - a project aimed at material
support, scholarships of our patients' children
• "Volunteer 65+" preparing future volunteers
to work with patients of Fundacja Światło
Health Center for persons in apallic state
• Building the Reprieve House for families
members (Dom Wytchnienia)
• EFATA Group: a group of over 100
volunteers who, by participating in theater
performances, advocate for our patients
• The Charity Ball addressed to the
inhabitants of the region who are
struggling with various disabilities
• Provincial Picnic of Disabled People
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The Valores investmentThe objective
• To build a diagnostic platform to differentiate states of reduced awareness and neuropsychological assessment of patients after severe brain injuries.
The solution
Platform cooperating with compatible sensors (eye-tracker, pulse oximeter, HD EEG, galvanometer, etc.), allowing to present correlation between sensor readings at a given time and recording results in a standardized way - easy to analyze (reaction to stimuli resulting from the level of consciousness).
The platform will :
1. Be an independent diagnostic tool (commercial).
2. Be a neuropsychophysiological diagnosis tool of patients in states of reduced consciousness.
3. Help to develop diagnostic standards.
THE MOST IMPORTANT PURPOSE:Finding medical correlations in this group of people.
By introducing diagnostics use of the platform, the Foundation becomes a leader in the diagnosis of the patient in an apallic state. Practically, this will allow objective diagnostics and adaptation of tailoredindividual therapy. Currently, it is an unexplored area from medical perspective.
Pipeline activities:
• SBA 8 launched in Sept. 2019 with 21 NGOs (10 new)
• SBA 9 recruitment – new edition in Sept. 2020
No. of new investees targeted in 2020: 2
Applications currently in the investment process:
Valores Portfolio and Pipeline Development
Impact measurement project with 4 Valores investees
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• Stowarzyszenie BORIS - intellectually disabled persons
• Stowarzyszenie Twoje Nowe Możliwości - disabled
students
• Fundacja Ocalenie - migrants/refugees
• Stowarzyszenie mali bracia Ubogich - lonely seniors
