Stichting What Matters 2U
With What Matters 2U, PwC supports its colleagues in their social engagement. We are proud of all our colleagues who dedicate themselves to others. In 2012, PwC's partners set up the What Matters 2U foundation. Through WM2U, we give the social organisations/initiatives that our colleagues support a donation. The foundation exists the What Matters 2U Action Reward and the What Matters 2U Donation Reward. The Action Reward is to support colleagues who are raising money for a charity, for example by running a marathon. The What Matters 2U Donation Reward is awarded to PwC employees who make a more structural commitment to an organisation, for example as a regular volunteer.
Since 2013, more than 600 donations have been made by the What Matters 2U Foundation. This means that more than 300 civil society organisations have received a donation from the What Matters 2U Foundation.
Every year, around the national Volunteer Day (December 7th), the What Matters 2U Foundation presents the 'Audience Award' to celebrate the volunteer work of our PwC colleagues. The Audience Award is given to a social organisation that has received a donation from WM2U in the past year. The winner is chosen by PwC colleagues. This event is attended by many social organisations who have the opportunity to connect with each other and lay the foundation for future collaborations.
Last year, SurvivalKidt was the winner of the Audience Award and received a donation worth €2,500.
This year, the Audience Award will be presented on December 4th to the foundation with the most votes.
Social organisations that have received a What Matters 2U Donation
- De Koffiebus
- Stichting Community Quiet Hilvarenbeek
- Netwerk Nieuw Rotterdam
- Stichting Bolingo Community
De Koffiebus
The goal of the De Koffiebus is to facilitate connections between neighborhood residents in an accessible way. They greet and meet each other in a place where coffee is served, but more importantly, genuine attention is given. Their mission is to develop and strengthen neighborhood ties by facilitating these meetings and thereby combating loneliness.
Stichting Community Quiet Hilvarenbeek
Stichting Community Quiet Hilvarenbeek alleviates poverty, tells the story of (silent) poverty, and empowers people in poverty. They strive to regularly provide poorer families with something they cannot afford themselves and to give people in poverty the opportunity to (re)discover and utilise their talents.
Netwerk Nieuw Rotterdam
Netwerk Nieuw Rotterdam is a youth club that helps young people build a social network and develop new (social) skills. Young people are encouraged to become positively involved in society and discover the valuable contributions they can make. The mission of the club is to create a city where people live in harmony, where there is no loneliness, and where young people develop in a healthy way and contribute positively to the city.
Stichting Bolingo Community
Bolingo Community is a foundation that is committed to equal opportunities, inclusion, and improving the socio-economic position of migrants from the African and Afro-Caribbean diaspora. They strive for a community where the older and younger generations are connected and learn from each other.
Sheraiza Hasanradja - President
"I think it is important to be involved with society. In my younger years, I made an active contribution to society by volunteering. Now that I travel less for my job, I have time to contribute again. The WM2U Foundation appealed to me because of the target group. The foundation contributes to society in the broadest sense."
Sheraiza started at PwC in 2006 at the age of 18. In her ten years at PwC, she has learned a great deal and gained experience, particularly within Financial Audits and IT Audits. She has also been active in the works council and in promoting diversity within the business unit. Sheraiza was also involved in setting up the Inclusive Counsel, the predecessor of Connected Cultures.
Adri de Bruijn
"It's very good to see that people volunteer, alongside their busy jobs at PwC. The initiative of WM2U to support this is wonderful. Therefore I am happy to contribute to this by being in the WM2U board. After all, you are not here alone, so how can you, together with others, make the world (and that includes your family, your immediate surroundings) better and more cheerful?‘’
Adri was a partner at Assurance from 1998 and at advisory from 2005 to 2019. He focussed on the public sector and IT, first within Consulting and later at Cyber, Forensics & Privacy. He trained as an auditor and is a member of the CAD.
Marja Spaans
‘’It is very important to me to actively use the knowledge I gained in my years at PwC for organisations that matter.! I enjoy the challenge of helping organisations to move forward in the world in which they operate. I have learned that you can tell that the world has to change, but that the most important thing is that you change yourself in your own environment''.
Marja has been a partner at PwC from 1999, where she worked primarily in the public sector. Eventually this became mainly the healthcare sector. Marja believes it is important to help this sector develop further. As an accountant, Marja has held various positions within PwC (CAD, HR, Code of Conduct, LOB).
Fiscal number and KVK number
Fiscal number: 851514297. KvK number: 54979226. Name of foundation: What Matters 2U Foundation.
Objectives according to ANBI regulations & Policy plan
PwC wants to increase its social relevance with its Community Program. Recognising the efforts of employees who support charitable and voluntary organisations is an important part of this.
PwC appreciates employees who devote their free time to volunteering. This is why PwC's partners set up the independent 'What Matters 2U' foundation. The foundation's objective is to financially support charities identified by the Board of Trustees as eligible for such support, without making profit. A charity qualifies if a PwC employee makes an effort outside of working hours and if the conditions in the Rules of Procedure and Conditions are met.
The foundation rewards civil society organisations for which PwC employees volunteer with two types of Rewards: What Matters 2U Action Reward and the What Matters 2U Donation.
What Matters 2U Action Reward (€250): awarded to employees who make a one-off contribution to a charity by participating in an organised event.
What Matters 2U Donation (€ >1000): awarded to employees who actively (at least 40 hours per year) devote themselves to a social organisation.
The amounts mentioned are donated to the social organisation for which the PwC employee does voluntary work.
A civil society organisation is an organisation that works for a specific social goal. This means that the organisations carry out activities that serve a social purpose and with which they specifically help needy target groups in society.
Following the establishment of What Matters 2U, funds were raised from PwC's partners in 2013. The funds raised consist of donations from the donating partner's private company or limited company. In addition, partners have the option of making a donation to WM2U when they retire. Furthermore, PwC has annually donated the remaining budget for end-of-year gifts to the foundation.
The money is managed by the Board. In addition, an employee of the financial department of PwC has been appointed by the board as financial administrator and controller. The majority of the funds are in current account or have been lent to PwC in connection with the achievement of a 6.25% return, which is an essential part of generating funds for the foundation. For donations to civil society organisations, the necessary funds are transferred to the foundation's account, from where payments are made. For a detailed overview, please refer to the financial statements, which can be found in the heading Annual accounts.
Remuneration Policy & Procedure
Remuneration policy
The directors do not receive any remuneration for their work.
The members of the board do not have the possibility to separately dispose of the assets of the institution, this is evidenced by the authority to act as laid down in the foundation's deed of incorporation. Among other things, it is laid down that no decisions are taken without an absolute majority of votes from the board in a meeting where at least half of the directors are present.
Procedure
The Board has appointed PwC's Community Program to administer the submitted and approved applications and to handle communication with PwC employees and the organisations that receive funds from the foundation. The board has appointed an employee of the financial administration department of PwC to be the financial administrator and controller of the foundation, without any authority to make final bank transfers from the foundation's account.
Current report of activities carried out
The board meets once every quarter, and during this meeting the applications submitted are reviewed and granted if they meet the set conditions.
In 2017, the Foundation celebrated its fifth anniversary and in connection with this first lustrum, the Board decided to award a number of lustrum Awards during lustrum meetings in Amsterdam, Rotterdam, Utrecht and Groningen and to generate additional publicity within PwC about the Foundation and its work around this. These meetings were successful. For the Awards granted in 2017, please refer to the statement of income and expenditure.
The Board urged the PwC Board to again call on PwC partners to make a one-off or periodic payment or provide a subordinated interest-free loan.
The board of What Matters 2U has decided to make a number of changes. Firstly, the name of the Action Award will be changed from Award to Reward. In addition, it was decided to merge the Excellence and Standard award into a new reward, the What Matters 2U Donation Reward (> €1.000). Adjustments have also been made to the conditions of the foundation. The maximum amount that a civil society organisation can receive per year has been changed from €5,000 to €3,000. The following conditions have also been added: CSOs must be financially sound and donations will only be made if the applicant is still employed by PwC when the donation is made.
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