Earlier this month, the Monaco branch of the family-owned Edmond de Rothschild bank made an incredible €200,000 donation to the Fondation Prince Albert II de Monaco (FPA2) following an innovative fundraising campaign that its investment specialists launched back in May.  

The ‘Investing in and Contributing to a Better World’ scheme gave the bank’s clients the option to put their money in secure investment funds while simultaneously contributing to charitable causes. 

This led to the creation of a “100% capital-guaranteed investment solution” that saw all of the brokerage fees collected for the fund put towards the chosen benefactor, which was the FPA2.  

Clients were also given the added voluntary option of giving anything from 0.5% to 3% of their investment to the FPA2 as an up and extra, which many took up willingly.  

Through the generosity of its clients, the bank, which touts itself as “a conviction-driven investment house dedicated to the belief that wealth is what tomorrow can be made of”, collected a windfall for the FPA2 of €170,000, to which the bank added a further €30,000. 

“A local project in line with the family’s age-old aspirations”

This total sum was presented to the FPA2, with Prince Albert II on hand himself to accept the cheque, on 19th December.

“We were keen to initiate a local project in line with the family’s age-old aspirations,” said Michael Mennella, the Head of Private Banking at Edmond de Rothschild Monaco, at the ceremony. “Acting for future generations, whether through our investments or our charitable projects, is fundamental. The Prince Albert II of Monaco Foundation, which is very committed to environmental sustainability, was a natural choice.”  

Olivier Wenden, the Vice-President and CEO of the FPA2, expressed gratitude for the munificent contribution, saying, “We would like to sincerely thank the Edmond de Rothschild Monaco bank and its clients for this generous donation, which will support the Foundation’s mission to protect and progress ocean and planetary health. Finding a new balance, reconciling ecology and economy, is essential to ensure a sustainable future.” 

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Photo source: FPA2