Letter from the Chair

Dear friends,

We want to share with all of you a message of hope and commitment. At the Fundación Renta Corporación, we have continued working to fulfill our mission: to generate a positive impact in the most vulnerable communities, responding to the challenges faced by our society.

In 2024, we celebrated a very special milestone: 25 years since the creation of the Foundation. From the beginning, we were clear that we wanted part of Renta Corporación’s profits to benefit the less privileged.

25 years later, €25 million donated, 477 organizations benefited, and thousands of lives transformed. We have woven an invisible network between team members, the organizations we work with, and the final beneficiaries of those organizations. A network that all members of the Renta Corporación team feel very proud of.

Of these €25 million, €14 million stands out as the amount generated for UNICEF and Intermón through the sale of Renta Corporación shares that we donated to these organizations. Furthermore, €4 million was allocated as seed capital for the creation of the CEIBS Business School in Accra (Ghana), brilliantly led by Professor Pedro Nueno, fostering entrepreneurial talent in various African countries and contributing to reducing migration.

In these two and a half decades, we have actively worked for social well-being through projects aligned with the Sustainable Development Goals (SDGs), even before they were formalized.

Allow me to share with you some key data:

The year 2024 has been marked by global crises that remind us of the importance of acting swiftly and with solidarity. More than 110 million people were forced to flee their homes due to conflicts, persecution, and climate disasters, according to ACNUR data. At the same time, nearly 735 million people faced severe food insecurity, exacerbated by the effects of climate change and structural inequalities.

Specialized reports highlight that although progress has been slower than expected, around 500 million people have emerged from extreme poverty since 2000 thanks to global and local initiatives. Child mortality rates have significantly decreased over the past two decades, but 5 million child lives are still lost each year to preventable causes. Despite advances in school enrollment, millions of children and young people lack access to quality education, an essential factor in breaking the cycle of poverty.

In 2024, our Foundation collaborated with 48 organizations to carry out their projects, 18 of which were directly suggested by members of the Renta Corporación team. The most impacted areas of action were healthcare, social assistance, and education.The Elena Barraquer Foundation, Enriqueta Villavecchia Foundation, Soñar Despierto, and Nasco Feeding Minds are just some of them. Congratulations on the extraordinary work they do.

We are aware that the challenges are enormous, but we also know that by working together, we can make a difference.

I take this opportunity to thank the Renta Corporación team for their work. Without them, none of this would have been possible. Together, we will strive to continue building a fairer and more hopeful future for everyone.

Best regards,