Pequeno Príncipe launches endowment fund with initial investment of US$ 600,000
The Pequeno Príncipe Complex has just launched its endowment fund, the Futurin – Funds for Life, which was created with an initial investment of US$ 600,000, part of which was raised from external investors. The fund’s goal is to raise US$ 5 million by 2030, consolidating an independent and solid financial model that guarantees the perpetuation of the institution’s mission, sustainability and longevity of the philanthropic organization that brings together the Pequeno Príncipe Hospital, the Pelé Pequeno Príncipe Research Institute and the Pequeno Príncipe College, forming a virtuous circle between health assistance, teaching and research.
Futurin was established with a robust governance model, consisting of a board of directors formed by independent members, including the presidency. The structure includes an investment committee, responsible for making decisions on financial investments, a philanthropic advisory committee, which is responsible for carrying out mobilization and networking actions, and an audit committee, which will be responsible for financial balance.
Futurin will be managed by UBS Bank on a pro bono basis until it reaches the first US$ 2 million. “Futurin represents a new chapter for children and adolescent health in the country. We want to create a legacy that ensures the quality of pediatric care, the advancement of scientific research and the training of specialized professionals in Brazil,” highlights Ety Cristina Forte Carneiro, executive director of Pequeno Príncipe Hospital. Learn more details about the Complex’s endowment fund in the main article of the October edition of Pequeno Príncipe News.
In this newsletter edition, you will also check the articles below. Click on the links to read the full length texts.
- The Pequeno Príncipe brings Barça Legends to Curitiba, in a game celebrating King Pelé’s Day. Stars such as Cafu, Tinga, Alex Meschini, Ricardinho, Fernando Prass and Uruguayan Diego Lugano, led by Mano Menezes, are confirmed in the Pequeno Príncipe Team, which will play against the legends of the Spanish club on November 17th. Learn more about this historical friendly game.
- Emotion marks the 15th edition of the Pequeno Príncipe Gala. The event, held on September 30th at Casa Bisutti, in São Paulo, was attended by 300 people and surpassed its fundraising goal, reaching US$ 520,000. From this amount, 70% of the funds will be dedicated to the institution’s research activities. The remaining 30% will be invested in Futurin – Funds for Life, that was launched during the Gala. Read more.
- Research by Pequeno Príncipe validates non-invasive method of monitoring intracranial hypertension in pediatrics. A study proving the results of brain4care was published in Scientific Reports, from the Nature Group, one of the most relevant open access scientific journals in the world. The brain4care, which was already validated for use in adults, provides important assistance in the treatment and detection of intracranial hypertension secondary to numerous causes, from trauma to brain tumors. Learn more details about this scientific research.
- Patients of the Pequeno Príncipe transform recyclable materials into works of art. Visual arts workshops led by four renowned visual artists – André Mendes, Kátia Horn, Romã Rettamozo and Verônica Fukuda, coordinated by art educator Elisa Cordeiro Brito – provided the creation of the works, and are one of the many sociocultural inclusion initiatives made possible by the Brazilian Culture Incentive Law. Check here more details about the Caixa Mágica Project.