April 27, 2009 : Total today decides to create a community development fund to help young people. The total endowment will be €50 million, starting with a donation of €25 million that will be increased by €5 million a year over five years.
Total will be signing an initial agreement with France’s High Commission for Action to Alleviate Poverty in the coming weeks. The agreement will cover funding of driver education for 10,000 young people in apprenticeships; keeping students in school by supporting them and their families through a “helping hand” program under a partnership with Association pour Favoriser l’Egalité des Chances à l’Ecole (APFEE); and helping young entrepreneurs to start up their own businesses, as part of the CréaJeunes program run by Association pour le Droit à l’Initiative Economique (ADIE).
Already partnered with these two associations, Total currently spends more than €2 million a year to tackle social exclusion in France. The fund created today will expand already effective projects and represents a change in scale, to support new projects launched by the ministries concerned.
Total’s Community Development Initiatives in France
In France, the Group’s community development initiatives chiefly focus on equal education and employment opportunity and children’s aid. Total regularly partners with around 20 associations and foundations, which include APFEE, Institut Télémaque, Institut d’Etudes Politiques and its high school outreach program, Association pour le Droit à l’Activité Economique (ADIE), Nos Quartiers Ont des Talents and La Chaîne de l’Espoir.
In addition, Total’s employees extend this commitment through volunteer work and mentoring, supported by the Total Foundation.
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