CFM Indosuez Wealth Management has renewed its support for children’s charity AMADE with a donation that will support two projects designed to advance the education opportunities of young people from modest backgrounds.
The donation is a continuation of the support that CFM Indosuez has been giving vulnerable children and young people since 2015.
Its latest donation supports the project ‘Advanced tutoring for talented middle school students from modest backgrounds’, which aims to support students enrolled in the 3 REP+ (priority education network) middle schools in Nice through a mentoring system of excellence. The bank’s support enabled 60 young people to join in August 2021 for the entire school year in progress.
It also supported the project ‘Connected success – Preventing school drop-out and reducing the digital divide’, which aims to combat the digital divide and prevent school drop-out among children enrolled in Social Assistance for Children (ASE) in the Alpes-Maritime. CFM Indosuez’s support, initiated in 2020 during the first lockdown, benefited 169 young people from the PACA region. It has been extended to 37 new ASE young people who will be provided with laptops and an internet connection and will benefit from student support as part of a mentoring program.
“When we contacted CFM Indosuez in the midst of the pandemic about our new projects for young people at risk of school dropout, they immediately responded,” said Jerome Froissart, AMADE Secretary General. “Having a partner that supports us both in urgent situations and in the long term is very valuable for our action.”
Founded in 1963, AMADE’s commitment to children is based on its vision for a world where all children of any social, religious or cultural background can live with dignity and safety and are accorded their fundamental human rights; a world where every child has the opportunity to fulfil his or her potential.
“Taking action every day in the interest of our clients and society is the very purpose of CFM Indosuez and our entire group,” added Mathieu Ferragut, CEO of CFM Indosuez Wealth Management. “Our solidarity actions focus on two areas: the protection of vulnerable children and young people, and the protection of the environment, particularly the oceans. AMADE has been a trusted partner for us since 2015. Thanks to their expertise, we are confident that our financial support has a concrete impact on the children and young people who need it.”
 
 
Photo of Jerome Froissart, AMADE Secretary General, and Mathieu Ferragut, CEO of CFM Indosuez, by Valeria Maselli