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May 24, 2013 -- Updated December 20, 2012 23:23 HKT

Roger Federer and Credit Suisse Raise Awareness of Education in Africa


shayne@heffcap.com
Posted on: Dec 20th, 2012

Roger Federer Foundation

The Roger Federer Foundation (RFF) promotes education, sports, and leisure activities in Africa. In Switzerland, the RFF supports talented young athletes from low-income families.

Roger Federer established the RFF in December 2003, shortly after winning his first Grand Slam tournament in Wimbledon. “I wanted to use the foundation to share some of my own good fortune with the children from the poorest regions of this world,” says Federer in describing his motivations. Today, the RFF provides financial assistance to numerous projects in Africa and Switzerland.

 

Tomorrow’s Future

“I am tomorrow’s future” is the slogan chosen by the foundation. These were the words of Nolonwabo Batini, a 15-year-old girl from Ndzondelelo High School in Port Elizabeth, South Africa, when she addressed the Swiss tennis star, who also holds a South African passport. The Roger Federer Foundation supports selected projects for education, sports, and leisure activities in South Africa, Zimbabwe, Mali, Ethiopia, and Tanzania so that as many children as possible can take an active role in shaping their own future, the future of their families and their countries. In Switzerland, the RFF supports low-income families with talented young athletes who meet the requirements set by the official sports associations. The Swiss Sport Aid Foundation is involved as a partner organization. In Africa, the foundation works with local aid organizations on long-term projects. In order to achieve the level of sustainability desired, attention is given to ensuring that the community who are helped through solving their problems also adopt a degree of responsibility.

 


 

Financing Widely Supported

Roger Federer would also like to see the support of the RFF extended to the widest basis possible. In addition to the proceeds from the endowment, which has now reached four million Swiss francs, donations from private individuals, companies, other foundations and sponsors, and the profit from the sale of t-shirts, caps, calendars and stamps, as well as door receipts at charity events constitute a substantial share of the operating account.

The foundation was established as a spontaneous effort to help meet a need, and in the meanwhile the RFF has undergone the necessary professionalization that corresponds with the continuously growing resources at the foundation’s disposal. The foundation’s homepage at: www.rogerfedererfoundation.org provides information about the key projects in South Africa, Ethiopia, Mali, Zimbabwe, and Tanzania, as well as their collaboration with the Swiss Sport Aid Foundation. There, you can find the particulars of the donation account, and the product shop.

Credit Suisse Takes Responsibility

Taking social responsibility is one of the values that Roger Federer and Credit Suisse share. This is why the two partners have recently agreed that a portion of the sponsorship contribution should be earmarked for the Roger Federer Foundation. Supporting the top athlete’s foundation fits seamlessly with Credit Suisse’s longstanding corporate commitment, with its focus on the environment, society, employees, and banking. This includes, for example, an initiative in the sphere of education, in which Credit Suisse assisted 45,000 disadvantaged young people of school age in gaining a solid education. The consistent fostering of young talent, which is a recurrent theme throughout Credit Suisse’s sponsorship commitment in the fields of culture and sports, is also noteworthy.

 

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Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699

  Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.

He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Member
Chinese Society of Economists
American Economic Society




 

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