The Pictet Group Charitable Foundation was created in 2009, with a view to formalising the approach to the charitable and philanthropic work supported by Pictet’s Partners over a number of years.
The Foundation, which is established under Swiss law and recognised as being of public benefit, is chaired by Pictet's Senior Partner. Its primary purpose is to provide financial support to charitable organisations and public-interest projects in Switzerland and abroad.
“When you inherit a philanthropic tradition that’s as strong as our Bank’s, you don’t start doing sums. The aim is to do good.”
In Switzerland, the Foundation has chosen to focus on specific causes which it has repeatedly supported over the years:
- in the area of health and medicine, the Foundation’s work places special emphasis on medical research into cancer, diabetes, multiple sclerosis and HIV;
- in the sphere of culture, the Foundation provides support to a range of cultural venues and bodies in Geneva and French-speaking Switzerland (music, theatre and opera).
Outside Switzerland, the Foundation provides support for numerous projects to help disadvantaged communities in developing countries, in particular in the fields of humanitarian aid, youth work and education.
Plastic waste Help abroad
Building a solar power plant in Madagascar Project update
Last year, the Pictet Group Charitable Foundation decided to fund the construction of a solar power plant in Madagascar by EcoFormation, a Foundation working with local communities to tackle the massive destruction of forests in the country. The plant, in the Bekoratsaka area, one of the poorest parts of the island, would provide clean energy for a bush hospital and eight surrounding villages. Eleven months on, work has been completed.
Africa Mercy A floating hospital
Pictet Group Charitable Foundation
Route des Acacias 60
1211 Geneva 73