22 December 2015

  • fimshare

fimshare – A charity deeply rooted in Finance in Motion’s DNA

Foundation Dechitsa in Bulgaria
Foundation Dechitsa in Bulgaria
Supporting a Secondary School in Burkina Faso
Supporting a Secondary School in Burkina Faso

"The idea of FiMshare was rooted in the founding of Finance in Motion," recalls Heike Fiedler, founding member of the Charity Arms of Finance in Motion. "Back in 2010, we FIM managers were already having discussions in our boardroom about becoming active in the non-profit sector. It was clear to us all that we wanted to do more in development aid than just our jobs." That marked the inception of Fimshare e.V. The management was very supportive in this process and committed to financial support. 

But it would still take a few months more before all the fiscal and legal hurdles were cleared and the non-profit association could get to work at the end of 2012 with 23 founding members. "That was a good third of the employees on staff at the time. A very good start," notes Heike. "In the meantime, we have more than 80 members who support our projects through their regular contributions and individual donations."

fimshare is open to both employees and the public, who can join as supporting members, and the current Chair encourages those interested to join. fimshare’s supporting members are important to its ability to continue developing and supporting good projects that make a difference around the world.

Projects supported by fimshare range from an orphanage in Bulgaria to providing electricity to a school in Burkina Faso and flood help for affected families in Bosnia and Herzegovina and Serbia in 2014. Each project has a sponsor member who presents the project, provides support and consulting for fund-raising campaigns and reports on progress.

fimshare has provided support to 13 projects to date. There are further projects in the pipeline, so fund-raising takes on a more central role. Chairman Jacob Ole Nestingen emphasizes "Finance in Motion’s matching scheme, whereby the company doubles every donation to fimshare is critically important for us. We would therefore like to take this opportunity to once again thank the company and the people involved for their fantastic and vital support, enabling us, among other things, to contribute EUR 15,393 to the Red Cross in 2014 in support of flood victims in Bosnia and Herzegovina and Serbia - our largest individual donation to date and clear proof to me that for many of us development financing is not just a job."