Dutch Charity Lotteries
With the contribution of the Dutch Charity Lotteries, the DOEN Foundation supports over 200 initiatives annually, through subsidies, equity investments, and loans. We support both large and small initiatives and we act from the philosophy: subsidize where necessary, provide equity investments, loans and guarantees where possible. DOEN’s role is to provide support in the very first phase in order to give initiatives a flying start, and thereby stimulate innovation. Where possible, DOEN subsequently transfers the initiatives to other parties to increase their impact.
DOEN supports the initiatives of foundations, co-operatives, associations, sole proprietorships, trading partnerships and limited companies, for example. DOEN tries to achieve its objectives via these organisations and companies and by using various financial instruments. In addition to supporting these pioneers, DOEN puts them in contact with each other, and brings their initiatives to the attention of the general public.
A subsidy is an appropriate instrument in all cases in which the applying organisation pursues an ideological objective but cannot generate its own financial resources to achieve it. From DOEN Foundation’s financial instruments the grant is the most widely used. DOEN distinguishes between project grants, program grants and institutional grants:
- a project subsidy is a donation for a specific project from or within an organisation;
- a program subsidy is a donation to support an organisation’s specific program;
- an institutional subsidy is a donation that supports an organisation as whole.
DOEN Foundation believes that in principle the provision of loans is a matter for banks. But given the stage many applicants’ projects are in, they often are not yet eligible for bank financing, for example because they cannot provide any guarantees. In these cases however, DOEN can decide to grant the loan to make the initiative possible. How the loan is structured and which agreements are concluded depends on the initiative and the expected repayment capacity. DOEN uses repaid loans and interest again to support initiatives that help achieve DOEN’s objectives to create a greener, more socially-inclusive, and more creative society.
For over 25 years, DOEN participates in innovative, social and/or sustainable enterprises and funds that serve the greater good, both at home and abroad. This happens from DOEN Foundation as well as from its own social investment company DOEN Participations BV. DOEN gained extensive experience with ‘impact investments’. Read more about our equities.