FRAISA Annual Report 19/20

S O C I A L C O M M I T M E N T % FRAISA’s Social Commitment Annual support for social projects Annual Report 2019/2020  I PROJECTS «With ownership comes responsibility» – this is the principle according to which FRAISA donates 1% of the annual group profit for social purposes since 2014. It is the objective of FRAISA’s Social Commitment to contrib- ute sustainably to the realization and to preservation of social institutions and projects. In the financial year 2019/20, the total expenses supporting social and cultural activities, including the social commitment, amounted to CHF 387,859. Supported are associations, institutions, organizations and non-profit or- ganizations (NPO), standing up to various thematic approaches for our fellow human beings. All supported projects are a shining examples and achieve a sustainable and broad impact. Extensive and sustainable projects FRAISA’s Social Commitment supports specific projects supporting phys- ically or mentally handicapped and deprived people. Furthermore, recon- struction, restoration and reutilization projects can also be supported, if they commit to the sustainable preservation and development of social institutions. Projects on the prevention of violence and addiction as well as the support of the reconciliation of family and working life equally stand a chance to profit from FRAISA’s Social Commitment. Each year, the application period is from June to October with the award being presented in the following year. The applications received are then checked from November to March, the finalists are nominated by the Ex- ecutive Board and subsequently visited to become familiar with the proj- ects. Within an online voting, the FRAISA employees from Bellach make the decision about the ranking of the finalists in April. Finally, the an- nouncement of the final ranking and the presentation of FRAISA’s Social Commitment award take place in Bellach in May. Award winners 2020 «With FRAISA’s Social Commitment we set a mark for a social balance within society, which is the foundation of our prosperity development.» Josef Maushart | Chairman of the Board of Directors and Chief Executive Officer, FRAISA Holding AG [ 29 ]