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February 2012

LGT Venture Philanthropy Portfolio Overview

LGT Venture Philanthropy Portfolio overview

Overview of LGT Venture Philanthropys equity/loan engagement portfolio organizations (1/2)


Organization
Bridge International Academies Kenya CO2 Bambu Nicaragua Driptech USA, China, India Fundacin Carulla/ aeioTu Colombia GreenOil India

Profile
Chain of low cost, for-profit schools that deliver quality education to poor communities at just under USD 4 per month Manufacturing and provision of affordable eco-housing solutions for the base of the pyramid Low-cost, effective drip irrigation system for subsistence farmers Provision of early childhood development to less advantaged children (aged 0 -5) through a branded chain of pre-school care centers Regeneration of wastelands through planting Jatropha, and converting organic waste into renewable energy and natural fertilizer Waste management in disadvantaged communities of Peru, electronic waste recycling, and waste management consulting for municipalities Renewable energy for off-grid rural villagers in North India

Engagement of LGT Venture Philanthropy


Funded initial replication of BIAs school-in-abox model across more slums in Kenya

Funded the set-up of a new production facility and working capital to scale operations in Nicaragua and beyond Funded the establishment of distribution networks and expansion in China and India Funded the setup of a for-profit center to subsidize centers in less advantaged communities Funded the setup an anaerobic digestion biomass-based grid-connected power plant

Healthy Cities Group Peru Husk Power Systems India

Funded the expansion of consulting activities and the set-up of an electronic waste plant

Funded the replication of the Husk Power Systems model across 67 locations along with co-investors
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LGT Venture Philanthropy Portfolio overview

Overview of LGT Venture Philanthropys equity/loan engagement portfolio organizations (2/2)


Organization
M-Kopa Kenya

Profile
Mobile technology venture enabling lowincome households to purchase productive assets via a convenient and affordable payper-use system Treatment and prevention of malnutrition through locally produced peanut-based fortified foods (Ready to Use Foods) Non-profit working with smallholder, lowincome, rural farmers to improve farm production, output and related farm household incomes Last mile tuberculosis treatment in the slums of India Chain of low cost, for-profit clinics that deliver affordable, quality healthcare to poor communities and sell low cost generic medicines Empowerment for women from poor communities to produce stylish home and fashion items from scrap cloth Global network of 80+ local initiatives using soccer to drive social change and development among less advantaged children and youth

Engagement of LGT Venture Philanthropy


Funded initial roll-out of M-Kopas inaugural commercial product that aims to address energy and lighting needs of low-income households Co-funded the set-up of a new production facility to scale production tenfold Funded a draw-down facility, providing additional drought-related risk cover to enable OAF to expand operations and sustainably deliver services to farmers Funding used to bridge the capital need for expansion Funded initial replication of PTFs hub and spoke model

Meds & Food for Kids Haiti One Acre Fund Kenya, Rwanda

Operation Asha India Por ti, Familia Peru

Rags2Riches Philippines streetfootballworld Global

Funded the expansion in the Philippines

Funded development of online fundraising platform (UNITED.com) to connect various categories of donors with SFWs network/ member activities
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LGT Venture Philanthropy Portfolio organizations

Bridge International Academies (BIA)


Kenya
ENGAGEMENT OF LGT VENTURE PHILANTHROPY Equity investment of USD 200000 in BIAs Series A funding round BIA has access to LGT Venture Philanthropys iCats Program, its network as well as ongoing mentoring support. IMPACT For USD 45 per annum, hundreds of school-age children from across Kenyas poorest communities receive a quality basic primary education emphasizing life-skills that will significantly enhance their future prospects and related livelihoods. Reach1
2009 Total schools Total number of pupils 2 590 2010 22 2700 2011 37 15000 2012e 200 42150 2013e 590 179670 2014e 1115 431116

PROBLEM Across Sub-Saharan Africa, over 30% of primary school-age children BIA provides quality complete school due to few available schools are unable to attend orbasic primary education at affordable fees and relatively unaffordable related costs of education. Limited funding, teacher shortages, ineffective teaching methods and the lack of accountability further impede delivery of quality education in the few affordable, mainly state-run schools. While low-cost private schools can address issues of teaching quality and accountability, their stand-alone nature limits ability to invest in scaling to provide an affordable service to thousands of children. SOLUTION BIA is a for-profit chain of low-cost private primary schools providing affordable primary schooling targeting low-income families across urban communities. Its school-in a-box model is designed to set up, operate and scale with a key focus on quality and affordability for low-income families. BIA schools provide basic primary education that emphasizes lifeimproving literacy, numeracy and critical thinking skills, and charges USD 4 per child per month.

Depth
Improved material well-being: Education opens up further opportunities Improved physical well-being: Community interaction increases personal awareness Improved social well-being: Improved security: Improved freedom: Improved social standing and relations N/A Provides options for future prospects

Note: Most portfolio organizations have several donors/investors.; therefore, the reach is not only correlated with our donations or investments

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LGT Venture Philanthropy Portfolio organizations

CO2 Bambu
Granada, Nicaragua

ENGAGEMENT OF LGT VENTURE PHILANTHROPY Equity investment to set up a new production plant, increase inventory and scale operations in Nicaragua This investment is expected to scale the companys output by a factor of five in the next five years CO2Bambu has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support.

IMPACT PROBLEM The housing deficit in Latin America pushes families into housing conditions that are dangerous and unhealthy. In Nicaragua there is an estimated deficit of 400000 houses. This figure is as high as 52 million houses in Latin America. Self-made houses, poor architectural design, and over-crowding render families more vulnerable to natural phenomena and extreme weather events. The most frequently used alternative construction material in rural Nicaragua is wood, which is seldom harvested in a sustainable manner, thus its use has led to increased deforestation. As the available stock of wood diminishes, its price also increases. SOLUTION CO2 Bambu designs, manufactures, and field-assembles prefabricated houses and community buildings (e.g. schools and shelters) made of bamboo. These structures are affordable, ecological, and withstand earthquakes, hurricanes, and floods. CO2 Bambu provides low-income people with access to adequate housing and increases the income of farmers. Reach
Impact Beneficiaries BOP housing (accumulated) Subsistence farmers planting bamboo 2010 0 60 2011 609 85 2012e 1541 333 2013e 3930 689 2014e 6319 873 2015e 9425 1165

Depth
Improved material well-being: Dignifying house, collateral for credit, increased income Improved physical well-being: Healthy, clean, and safe living environment Improved social well-being: Improved security: Improved freedom: Adequate living space Reduces vulnerability to natural phenomena Increases likelihood of breaking poverty cycle 5 | 26

LGT Venture Philanthropy Portfolio organizations

Driptech
China/India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY USD 50000 convertible note in October 2009 to finance Driptechs initial sales roll out in China USD 200000 convertible note in December 2010 as pre Series A funding used to increase production, hiring of sales team in India and China, and a technical team in USA Driptech has access to LGT Venture Philanthropys iCats Program, its network as well as ongoing mentoring support. IMPACT PROBLEM Today, over 600 million poor farmers in the developing world lack sufficient irrigation water and thus require solutions to use the available water more efficiently. Because of smaller farm sizes and little access to financing, these farmers cannot afford current water-saving drip irrigation systems, which are mainly designed for large farms. As a result, these farmers struggle to produce crops during the dry season and remain trapped in poverty. SOLUTION Driptech has developed a low-cost drip irrigation system to optimize drip irrigation for subsistence farmers in developing countries. The system is easily installed, gravity fed and therefore does not require electricity or diesel pumps to distribute the water. The Driptech technology enables farmers and their families to exit the poverty cycle by increasing water efficiency saving up to 70% of water and enhancing the crop yield by 20% to 90%. Local governments also benefit from decreased water consumption and associated pollution from diesel pumping. Reach
2009 Systems sold 200 2010 537 2011 5295 2012e 29000 2013e 100620 2014e 280300 2015e 564600

Depth
Improved material well-being: Increase in income due to increased crop yield, savings in water and labor costs Improved physical well-being: More income results in better choices for products and services Improved social well-being: Improved security: Improved freedom: More income increases social standing N/A N/A 6 | 26

LGT Venture Philanthropy Portfolio organizations

Fundacion Carullla/ aeioTu (FC)


Bogot, Colombia

ENGAGEMENT OF LGT VENTURE PHILANTHROPY Loan of USD 400000 to set up a for-profit ECD center This investment is expected to generate ~USD 500000 p.a. by 2020 to subsidize ECD centers serving less advantaged children. FC has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support. IMPACT The Reggio Emilia early childhood teaching philosophy used by FC is globally proven to enhance self-confidence, skill development and social interaction in children, improving their chances to succeed in primary and secondary education as well as adult life. Reach
2009 Less advantaged children served p.a. Total number of children served p.a. 500 575 2010 1200 1284 2011 2200 2000 2012e 2800 2600 2013e 3400 3200 2014e 4000 3800

pablosalgado.com

PROBLEM 3m children from low income households in Colombia do not have access to quality nutrition and attention during early childhood. Children without proper nutrition and attention during early childhood will lack the cognitive, social, and emotional bases to succeed in primary and secondary education. These children will achieve lower levels of school completion, will be less likely to hold jobs, and will have a higher incidence in crime as they become adults. SOLUTION FC provides less advantaged children access to high quality care through standardized early childhood development (ECD) centers. FCs provides toddlers with adequate nutrition as well as specialized pedagogical support in a stimulating environment. ECD centers operating in well-off neighborhoods generate profits to support centers serving less advantaged children.

Depth
Improved material well-being: Higher likelihood to hold jobs and earn more Improved physical well-being: Access to balanced diet and nutritious foods Improved social well-being: Reduced crime and abuse rates Improved security: Improved freedom: Reduced child negligence and abuse Increased likelihood of breaking poverty cycle 7 | 26

LGT Venture Philanthropy Portfolio organizations

GreenOil Energy (GO)


New Delhi, India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY Equity investment of USD 600000 made in two tranches LGT VP is also helping GO define ist sales and distribution strategy for the organic and bio-fertilizer product, while connecting the company with technology experts for the power plant. GO has access to LGT Venture Philanthropys iCats Program, its network as well as ongoing mentoring support. IMPACT GO helps generate secure, long-term income for landless laborers. PROBLEM Over 36% or 120 hectares of geographic area of India classified as wastelands. An estimated 300 million people country-wide, and 15 million in Rajasthan alone are affected by wastelands. There is a lack of long-term livelihood opportunities for people around wastelands, further exacerbated by lack of electricity. SOLUTION GO addresses this situation by establishing Jatropha plantations on wastelands, and using Jatropha cake and other locally available organic waste to produce electricity and organic fertilizer. GO distributes organic and bio-fertilizer which further regenerates soil that is degraded due to excessive use of chemical fertilizers. GO is setting up its first waste-to-energy power plant in Rajasthan. Small and marginal farmers which use its organic fertilizer are able to increase their income. GO manages large quantities of waste which would otherwise be dumped in the open, leading to air and ground water pollution. Reach
2009 Renewable energy produced Waste Managed (000 tons) 2010 2011 2012e - 500 kW 0.4 10.8 2013e 500 kW 10.8 2014e 1 MW 21.6

Depth
Improved material well-being: Increased income for labourers, farmers Improved physical well-being: Better access to health/education Improved social well-being: Improved security: Improved freedom: Better social standing N/A Freedom of choice for various products/ services through higher income 8 | 26

LGT Venture Philanthropy Portfolio organizations

Healthy Cities Group (HCG)


Lima, Peru

ENGAGEMENT OF LGT VENTURE PHILANTHROPY Equity investment of USD 600000 to expand its consulting service offering and to set up an e-waste recycling plant. HCG has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support..

IMPACT PROBLEM In Peru, waste has grown faster than the governments capacity to manage it adequately. It is mainly disposed of through open dumps, causing health and environmental problems, primarily through the pollution of water sources. Most infectious medical waste, hazardous industrial waste and electronic waste is often mixed with municipal waste. Waste picking in dump sites poses safety risks, provides little income, generates discrimination, and forces hundreds of school-age children to contribute to household income. SOLUTION HCG provides training to waste scavengers in adequate handling of waste, thus making their work safer. HCG supports the creation of community-based microenterprises for waste collection, recycling and disposal. HCG provides consulting to municipalities on how to set up integrated waste management systems. Waste scavengers are provided with stable livelihood opportunities, while municipalities are assisted in setting up waste management systems. Reach
2009 Citizens served by HCG enterprises (cumul.) Recyclers with better quality of life (cumul.) 8m 4000 2010 8.2m 4200 2011 10m 11500 2012e 12m 12000 2013e 13m 13000 2014e 14m 15000

Depth
Improved material well-being: Recyclers income increases from <USD2/day up to USD 10/day Improved physical well-being: Improved social well-being: Improved security: Improved freedom: Provides access to safe working conditions and equipment Creates win-win partnerships among stakeholders Creates safe working environment Increases children school attendance 9 | 26

LGT Venture Philanthropy Portfolio organizations

Husk Power Systems (HPS)


Bihar, India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY Convertible note of USD 300000 in order to support the expansion into Bihar and Uttar Pradesh HPS has access to LGT Venture Philanthropys iCats Program, its network as well as ongoing mentoring support. IMPACT Cost savings by using electricity instead of kerosene for lighting households Improved lighting conditions and elimination of indoor air pollution caused by kerosene lamps Employment generation in villages Reach
2009 # of plants Villages with power by HPS Number of villagers 20 80 96000 2010 39 156 187'200 2011 67 268 321'600 2012e 280 1'040 1'248'000 2013e 680 2'720 3'264'000

PROBLEM Approximately 480 million people in India across 125000 villages (44.5% of the population) do not have reliable access to electricity. Indian government has designated 18000 villages as economically impossible to reach via conventional means of grid electrification. Current power options such as kerosene lanterns or diesel generators are uneconomical, inefficient and environmentally unfriendly. SOLUTION HPS has developed proprietary technology to convert locally produced agricultural waste (like rice husk) into electricity. HPS generates and distributes electricity from its mini-power-plants (35kWh-100kWh), targeting the villages in Indias Rice Belt consisting of the states of Bihar, West Bengal, Orissa, Uttar Pradesh, and Madhya Pradesh.

Depth
Improved material well-being: Increased income Improved physical well-being: Relief from indoor air pollution Improved social well-being: Improved security: Improved freedom: Enables education, entertainment N/A N/A

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LGT Venture Philanthropy Portfolio organizations

M-Kopa
Kenya

ENGAGEMENT OF LGT VENTURE PHILANTHROPY USD 537500 investment to fund roll-out of M-Kopas inaugural commercial product targeting low-income households across Kenya M-Kopa has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support.

worldchanging.com

IMPACT M-Kopas inaugural product makes solar energy available to lowincome households, increasing productive work days and improving income opportunities . Through pre-payments, low-income households can re-direct energy expenditures from inefficient, wasteful and unsafe sources such as kerosene lamps towards purchase and ownership of clean and affordable solar home systems. Depth
Improved material well-being: Increases household productivity and income Improved physical well-being: Reduced health risk though cleaner energy and light sources Improved social well-being: Improved security: Improved freedom: Increased social interactions due to micro-enterprise activities Secure access to electricity and light Greater freedom of choice of products through pay-per-use system

PROBLEM Over 63% of Sub-Saharan Africas population are rural, lower-end consumers with small inconsistent incomes/revenue streams. These masses can barely afford basic goods and services but nevertheless spend up to 70% of their income on inefficient, low-quality goods. For example, about 110 million households across Africa spend USD 160 or more annually on kerosene for lighting; this despite the poor quality of light provided by kerosene lamps alongside the related health risks of smoke fumes. SOLUTION M-Kopa primarily targets low-income consumers in emerging markets, enabling them to purchase productive assets like solar systems through an affordable and convenient pay-per-use system that matches their income and expenditure patterns. M-Kopas inaugural product, a home solar system, will seek to address the energy needs of low-income households, with plans to reach over 300000 un-electrified households with clean, affordable solar energy.

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LGT Venture Philanthropy Portfolio organizations

Meds and Food for Kids (MFK)


Cap Hatien, Haiti

ENGAGEMENT OF LGT VENTURE PHILANTHROPY Loan of USD 1m to set up a new production facility MFK has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support. IMPACT MFK combats malnutrition with an easily accessible, affordable product while providing livelihood opportunities through local production facilities. PROBLEM 22% of Haitis children under five, or ~220000, are considered underweight and 8.5% are considered wasting. Haiti has the highest under-five mortality rate and the highest number of under-five deaths in the Western Hemisphere at 86/1000 and 26000/year respectively. This is equivalent to ~70 preventable deaths per day. Inpatient treatments for malnutrition in Haiti are ineffective, expensive, and unfeasible to scale. SOLUTION MFK treats and prevents malnutrition in Haiti by producing fortified peanut-based foods known as Ready to Use Foods (RUFs), which outperform previously existing treatments and are eight to fifteen times cheaper than in-hospital treatment. MFK products are made in Haiti, with Haitian labor, and whenever possible, with Haitian raw materials, which contributes to agricultural development and long-term food security.
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Reach
2009 Tons of RUFs produced p.a. Children treated p.a. 63 6200 2010 73 7'381 2011 65 6'500 2012e 385 38'500 2013e 655 65'500 2014e 756 75'600

Depth
Improved material well-being: Head of family is able to continue working normally Improved physical well-being: Children recovered from malnutrition Improved social well-being: Improved security: Improved freedom: Prevents family trauma from early deaths Contributes to agricultural development, increased farmer income and food security Prevents irreversible learning disabilities

LGT Venture Philanthropy Portfolio organizations

One Acre Fund (OAF)


Kenya, Rwanda, Burundi

ENGAGEMENT OF LGT VENTURE PHILANTHROPY LGT VP supports OAF with additional risk coverage through a yieldindexed draw-down facility of USD 600000, freeing up resources to facilitate growth, program expansion and eventual sustainability. OAF has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support. PROBLEM 33 million smallholder farmers across Africa cultivate on less than 1 acre of land; practicing low-input, rain-fed, subsistence farming that produces barely enough to support their livelihoods. Inconsistent, sometimes extreme weather, e.g. unpredictable rainfall resulting in drought or floods, pose a significant threat to these famers livelihoods and socio-economic wellbeing. Rural farmers, particularly smallholder farmers, are often unable to access appropriate services such as microfinance, insurance or up-todate commodity prices due to related socio-economic barriers. SOLUTION OAF works with smallholder rural farmers across East Africa that were previously unable to access services to improve their farm production output. OAF mobilizes farmer groups and provides a market-bundle service comprising farm inputs like improved seed, fertilizer, simple farm tools (e.g. irrigation kits) via its famer credit program. While credit is core to OAFs program, member farmers can also access market information and knowledge training in improved production techniques, as well as weather-risk insurance. Depth
Improved material well-being: Increased farm productivity and income Improved physical well-being: Incomes facilitate related expenditure Improved social well-being: Improved security: Improved freedom: Improved livelihoods/social relations Provision of safety nets/insurance Improved livelihoods/ increased choices 13 | 26

IMPACT OAF has enabled smallholder farmers to increase farm yields from as little as 0.5 to 1.5 tons per acre, doubling household incomes up to USD 120 per family/acre annually. The organization has also introduced health programs and encourages members to invest in improving their families livelihoods, e.g. by educating their children Reach
2009 Number of districts Number of active farmers 5 4100 2010 5 30000 2011 11 76700 2012e 14 100000 2013e 17 150000

LGT Venture Philanthropy Portfolio organizations

Operation ASHA (Op ASHA)


Delhi, India
ENGAGEMENT OF LGT VENTURE PHILANTHROPY Grant of USD 60000 in 2009 and a loan investment of USD 440000 in 2010/11 in order to further the replication in more Indian states Op ASHA has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support. IMPACT Op ASHA has lowered the default rate of the treatments by 40-60 times, increased detection of TB patients by 78%, achieved a treatment success rate of 89% and reduced the death rate to 2%. Reach
2009 New centers p.a. Enrolled patients Infections prevented 30 1600 19200 2010 59 3800 45600 2011 100 10315 123780 2012e 94 12707 152484 2013e 121 16046 192552

Op Asha/ KC Ortiz

PROBLEM Tuberculosis (TB) claims one life every 90 seconds in India, where 3.5 million of the world's 13 million TB patients live. TB is associated with a social stigma: children drop out of school due to their own or their parents infection, while 100000 women are abandoned by their families every year. Although easily treatable with limited resources, a scarcity of reachable treatment centers results in high default rates, causing relapse and increased drug resistance. SOLUTION Op ASHA utilizes existing infrastructure such as temples and kiosks in order to establish a dense network of treatment centers which provide TB patients with their medication. The cost of USD 25 per patient is covered by the WHO. Being run at high-traffic community locations, patients have only a 10-minute walk to the nearest center. Extended opening hours allow patients to integrate the visit to the center into their daily routine and thus successfully complete the 6-month treatment.

Depth
Improved material well-being: Improved productivity of treated patients leads to increased income Improved physical well-being: Patient treated from TB and stops infecting others Improved social well-being: Improved security: Improved freedom: Increased acceptance in the community and at work after treatment Increased job security after treatment Less worry about future health 14 | 26

LGT Venture Philanthropy Portfolio organizations

Por ti, Familia (PTF)


Lima, Peru

ENGAGEMENT OF LGT VENTURE PHILANTHROPY Convertible loan of USD 200000 in Series A funding round PTF has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support.

IMPACT PROBLEM The Peruvian healthcare system is in a critical condition. 48% of the population in Peru lacks any type of health insurance. Inefficient state-run healthcare services, as well as inefficient distribution channels for medicines and medical attention, have prevented over 5 million low-income people in Lima from having access to affordable primary health care. With USD 144 per capita per year, Perus public investment in healthcare is among the lowest in all of Latin America. The average public spending on healthcare in Latin America is USD 363 per capita per year. SOLUTION PTF provides high-quality and affordable healthcare to Limas lowincome communities by establishing full-fledged clinics (hubs) with smaller retail locations (spokes). The hubs provide specialty treatments in relation to primary healthcare and the spokes combine the services of a doctors practice, a laboratory, and a pharmacy. PTF grants less advantaged people in urban areas local access to high-quality primary healthcare services and products at fees that are up to 67 percent lower than in private hospitals. Reach
2010 # of patients treated Total # of locations 7'000 1 2011 13'700 5 2012e 23'000 14 2013e 65'000 38 2014e 150'000 69 2015e 270'000 100

Depth
Improved material well-being: Saving costs in consultations, medicines and transportation Improved physical well-being: Access to healthcare services Improved social well-being: Improved security: Improved freedom: Self-esteem increased with healthy people N/A N/A

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LGT Venture Philanthropy Portfolio organizations

Rags2Riches (R2R)
Manila, Philippines

ENGAGEMENT OF LGT VENTURE PHILANTHROPY Equity investment of USD 78000 and a loan of USD 47000 to finance the expansion of R2R. R2R has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support. IMPACT R2R provides women with sustainable sources of income, giving them a degree of financial independence and enabling them to participate in providing for their families. PROBLEM The Philippines generate approximately 18000 tons of waste daily. 33% of all Filipino households live below the national poverty line. Members of poor and indigenous communities, especially women, have difficulty earning sustainable livelihoods from their community-made products due to lack of market access, consumer demand, product development, and personal/skills training. SOLUTION R2R provides marginalized women with product development, sales, marketing, and logistics support to produce and sell stylish and eco-friendly products made from scrap cloth. R2R trains and organizes poor communities, providing members with modules on self-esteem/confidence, values formation, savings and financial management. R2R partners with various companies to up-cycle scrap materials and reduce waste accumulation.
# of communities # of artisans trained (total) # of active artisans # of indirect beneficiaries Average annual income per artisan (in USD)

Reach
2009 2010 2011 2012e 2013e 2014e

9 311 111 555 151

21 450 311 1'555 148

12 666 209 1'045 286

23 1'059 425 2'125 378

35 1'452 665 3'325 400

48 1'846 929 4'645 425

Depth
Improved material well-being: Increased income Improved physical well-being: Improved social well-being: Improved security: Improved freedom: Greater access/ability to pay for healthcare; up-cycling reduces waste Greater confidence/respect, leadership skills among producers Greater economic security Better access to markets, training, quality control 16 | 26

LGT Venture Philanthropy Portfolio organizations

Streetfootballworld (SFW)
Global
ENGAGEMENT OF LGT VENTURE PHILANTHROPY Loan of USD 415000 to fund the development of SFWs online donation platform, UNITED.com in time for FIFA World Cup 2010 SFW has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support. IMPACT By supporting the work of its member organizations SFW facilitates outreach to over 1.5m young people globally every year, helping to reduce socio-economic disparities and overcome the various forms of discrimination through the respective empowerment initiatives. Reach
2010 Network member organizations (NWMs) Donations to NWMs through SFW platform (USD 000s) 80 2011 80 2012e 85 30 2013e 90 200 2014e 95 400

PROBLEM Millions of underprivileged young people lack opportunities to realise their full potential due to lack of education opportunities, involvement in conflict, teenage pregnancy or HIV/AIDS. Grass-root organizations working with these young people to try and address these challenges often lack the necessary funding and support networks to effectively operate and scale their programs. SOLUTION SFW links and supports a global network of +80 grass-root organizations that are using football to support young people in tackling social challenges within their communities. SFW carefully selects and invites local organizations into its network; linking, empowering and offering them a platform for professional exchange, partnership building and access to funding. SFW has also built a strong support network of corporate donors/ partners including FIFA, UEFA, Adidas and Sony to support these grassroots organizations in driving social change and furthering development within the communities through soccer.

Depth
Improved material well-being: Increased livelihood opportunities Improved physical well-being: Personal awareness and selfimprovement Improved social well-being: Improved security: Improved freedom: Improved social relations with peers Increased access to opportunities for personal development N/A

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LGT Venture Philanthropy Portfolio organizations

Overview of LGT Venture Philanthropys grant engagement portfolio organizations


Organization
Aangan Trust India

Profile
Improvement of standards of care in Childrens and Observation homes and strengthening protection mechanisms for children in high risk areas through community based prevention and rehabilitation programs Improvement of quality of girls education and school infrastructure by empowering communities in Rajasthan

Engagement of LGT Venture Philanthropy


Funding used to expand into 100 new homes in four additional Indian states and strengthen Aangans core management team

Educate Girls India

Funding used to expand the enrollment and retention program in a new district in Rajasthan, strengthen the senior management team and implement strong processes and systems for finance and operations Funded rollout of certification program for eCh teachers, and development of a career program together with the private sector Funded m2ms expansion across four other African countries

Ensea Chile Chile

Improvement of Chilean educational system through placement of outstanding university graduates as teachers in disadvantaged schools Employment of mentor mothers to help HIV+ pregnant mothers to deliver healthy babies

mothers2mothers South Africa

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LGT Venture Philanthropy Portfolio organizations

Aangan Trust (Aangan)


Mumbai, India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY Grant of USD 467000 in four tranches to expand the intervention into 100 new homes in four additional Indian states and strengthen Aangans core management team Aangan has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support. PROBLEM Across India, more than 100000 children between 6 and 18 years of age who are accused of crimes or in need of protection after being abandoned are detained in over 800 juvenile homes. These children are often exploited by criminals, pimps and peddlers. Abandoned street children are often placed together with violent offenders, leading to high levels of peer violence. The conditions in these state-run homes are dismal and the children are often abused by the staff. SOLUTION Aangan fosters change in lives of children detained in juvenile homes through interventions using three transformational tools, a monitoring and evaluation tool, an operational manual and capacity building workshops. Aangan aims to red-flag inconsistencies with the Juvenile Justice Act observed in the homes, and to provide subjective training to staff in these homes. Aangan also runs a community based prevention and rehabilitation program providing psycho social support to children from high risk areas such as slums. IMPACT Aangan has brought an improvement in the infrastructure of the homes, provided community based support to high risk children, changed the mindset of the government staff in the homes and made them conscious of the Juvenile Justice Act. Also, it has made the government more vigilant to the current status and receptive to change. Reach
2009 Homes Number of children 368 56'400 2010 279 50'386 2011 450 64'682 2012e 600 88'000 2013e 1000 155'000

Depth
Improved material well-being: Access to better food, water and education Improved physical well-being: Improvement in nutrition levels and medical facilities Improved social well-being: Psycho-social support for high-risk children Improved security: Improved freedom: Improved infrastructure and a change in staff behavior Being able to plan for the future 19 | 26

LGT Venture Philanthropy Portfolio organizations

Educate Girls (EG)


Mumbai and Rajasthan, India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY USD 500000 as grant in three tranches to expand the enrollment and retention program in a new district in Rajasthan, strengthen the senior management team and implement strong process and systems for finance and operations EG Aangan has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support. PROBLEM India has the worlds largest illiterate population - women and girls in rural areas are especially affected. Poverty is one cause, but more importantly, cultural and social barriers as well as bad quality of education and inadequate infrastructure in schools (such as lack of toilets) keep many parents from sending their children, especially girls, to school. SOLUTION EG works towards increasing the enrollment of girls in schools by identifying out-of-school girls through a door-to-door survey or secondary research. EG then mobilizes communities and makes them aware of the necessity of sending girls to school. EG partners with other organizations to create better pedagogy and curriculum to improve quality of education. EG trains public school teachers and appoints para-teachers to deliver quality teaching and improve retention. EG also trains local community members who liaise with the government to improve school infrastructure. IMPACT Research shows that girls education has high long-term yields on health, literacy levels and income of the girls, their families and the following generations, as well as on economic growth. EGs intervention improves the girls quality of life significantly by making them more confident, socially competent and informed. Reach
2009 Outreach (# of schools) # of girls 500 32'640 2010 2'342 157'667 2011 5'169 311'947 2012e 6'602 399'290 2013e 9'557 587'741

Depth
Improved material well-being: Increased income Improved physical well-being: Improved social well-being: Improved security: Improved freedom: Improvement in health Improvement in social outlook towards providing education to girls Educated women are likely to resist domestic violence and get married early Financial independence 20 | 26

LGT Venture Philanthropy Portfolio organizations

Ensea Chile (eCh)


Santiago, Chile
ENGAGEMENT OF LGT VENTURE PHILANTHROPY A grant of USD 200000 to implement a teacher certification program and a career development program eCh Aangan has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support IMPACT PROBLEM In Chile, ~1.9 million low-income pupils, aged 6 to 18 years, perform poorly in Chilean public schools due to a lack of qualified teachers. Only 30% of children from low-income households in Chile complete high-school (i.e. a 70% high-school dropout rate), which is significantly lower than the 95% high school graduates from wealthier private schools. Without quality education, the opportunity for poor Chilean youth to access higher education is reduced, their competitiveness in the labor market is diminished, and the poverty cycle is perpetuated. SOLUTION eCh provides quality education to 14 to 18 year old high-school students by bringing outstanding university graduates with leadership skills into classrooms of low-quality schools in poor areas for a period of two years. On a long term basis eCh is promoting a movement/network of eCh alumni that will be active at key positions in society with the possibility to positively influence a change in the educational system of Chile. eCh impacts on three levels: (i) On the lives of young people, (ii) on the quality level of teachers in Chile, and (iii) on the education sector through an alumni network of former eCh teachers promoting a systemic change in the Chilean educational system. Reach
2010 # of pupils taught Total # of Ech teachers 8'040 67 2011 9'600 84 2012e 21'000 160 2013e 40'000 310 2014e 48'000 400

Depth
Improved material well-being: Potential for increased income Improved physical well-being: N/A Improved social well-being: Improved security: Improved freedom: Increases learning abilities N/A Improves hope for a better future

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LGT Venture Philanthropy Portfolio organizations

mothers2mothers (m2m)
Cape Town, South Africa

ENGAGEMENT OF LGT VENTURE PHILANTHROPY A performance-dependent grant of CHF 600000 over three years to a) expand the model of m2m into new countries and b) to fund an innovation center to ensure the quality of the intervention program, curriculum development and improvement of the overall monitoring and evaluation program. Aangan has access to LGT Venture Philanthropys iCats Program, the LGT Employee Donation Program, LGT Venture Philanthropys network as well as ongoing mentoring support PROBLEM In Africa, every day 1000 children are born with HIV. In Europe and the US, it is only one child per day. In parts of Africa, up to 75% of babies born to HIV+ mothers stand to lose their mothers to AIDSrelated illnesses. Lack of knowledge about HIV/Aids and fear of stigma prevent mothers living with HIV/Aids from seeking the right kind of support. SOLUTION m2m hires HIV+ mothers to educate and support new HIV+ mothers to learn how to live with HIV/AIDS. Education and empowerment tools prevent mother-to-child transmission (PMTCT) of HIV/AIDS during and after pregnancy, combat stigma within families and communities, support a mothers adherence to medical treatment, and reduce the likelihood of AIDS orphans. m2ms exit strategy is for local host governments to take over the treatment of mothers. IMPACT m2m is able to reduce the transmission of HIV from mothers to babies from 40% to below 5%, and keep mothers healthy by increasing their access to health-sustaining medical care. Reach
2008 HIV+ mothers reached p.a. (in 000) Mentor mothers employed Active sites Active countries 150 1000 460 7 2009 250 1600 600 7 2010 280 1700 700 9 2011e 250 1500 600 7 2012e 300 1500 700 7

Depth
Improved material well-being: Employment for mentor mothers Improved physical well-being: Healthy babies; HIV+ mothers learn to live with HIV Improved social well-being: Improved security: Improved freedom: Reduced social stigma N/A Reduced financial dependency, freedom of choice 22 | 26

LGT Venture Philanthropy Portfolio organizations

Overview of exited engagements

Organization
Escuela Nueva Colombia Fundao ProCerrado Brazil heart South Africa Mann Deshi India

Profile
Interactive learning guides and teach-theteacher guides to improve education for rural children Vocational training and job placements for disadvantaged youth Incubation and implementation of innovative business models for social enterprises Empowerment women and economical development of regions in rural India through a combination of financial and non-financial services Access to clean, affordable drinking water for poor communities while creating additional income opportunities

Engagement of LGT Venture Philanthropy


Funded an LGT Venture Philanthropy iCats Fellow to plan and evaluate international expansion Funded an LGT Venture Philanthropy iCats Fellow to support the organizations growth Capacitated hearts core organization as well as their social enterprises Funded the transformation from vocational training programs to business school program Funding for one year to hire a CEO to develop the five-year business plan and franchising model for expansion

Waterhope Philippines

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LGT Venture Philanthropy Contact

LGT Venture Philanthropy contact details

For more information please contact:


Wolfgang Hafenmayer Managing Partner Oliver Karius Partner Website Phone Email Phone Email +41 44 256 8117 wolfgang.hafenmayer@lgtvp.com +41 44 256 8116 oliver.karius@lgtvp.com

www.lgtvp.com

Support: LGT Venture Philanthropy is funded through substantial contributions from each of the following LGT Group companies: LGT Bank in Liechtenstein Ltd., LGT Bank (Switzerland) Ltd., LGT Bank (sterreich) AG, LGT Bank (Singapore) Ltd., LGT Capital Management Ltd. and LGT Capital Partners Ltd.

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Legal Information

This document is intended solely for the recipient and may not be duplicated, distributed or published either in electronic or any other form without the prior written consent of LGT Group Foundation. This publication is for your information only and is not intended as an offer, solicitation of an offer, public advertisement or recommendation to buy or sell any investment or other specific product. Its content has been prepared by our staff and is based on sources of information we consider to be reliable. However, we cannot provide any undertaking or guarantee as to it being correct, complete and up to date. The circumstances and principles to which the information contained in this publication relates may change at any time. Once published, therefore, information shall not be understood as implying that no change has taken place since its publication or that it is still up to date. The information in this publication does not constitute an aid for decision-making in relation to financial, legal, tax or other consulting matters, nor should any investment or other decisions be made on the basis of this information alone. It is recommended that advice be obtained from a qualified expert. Investors should be aware that the value of investments can fall as well as rise. Positive performance in the past is therefore no guarantee of positive performance in the future. Forecasts are not a reliable indicator of future value developments. The risk of price and foreign currency losses and of fluctuations in return as a result of unfavorable exchange rate movements cannot be ruled out. There is a possibility that investors will not recover the full amount they initially invested. We disclaim without qualification all liability for any loss or damage of any kind, whether direct, indirect or consequential, which may be incurred through the use of this publication. This publication is not intended for persons subject to legislation that prohibits its distribution or makes its distribution contingent upon an approval. Any person coming into possession of this publication shall therefore be obliged to find out about any restrictions that may apply and to comply with them. It is up to potential investors to obtain comprehensive information and appropriate advice in their home country, country of residence or country of domicile about the applicable legal requirements and any tax consequences, foreign currency restrictions or foreign exchange controls and any other aspects that are of relevance prior to any decision to subscribe to, purchase, own, exchange or redeem such investments, or enter into any other transaction in relation to same. The securities and rights mentioned in this document may not be purchased or held by investors or for investors domiciled in the USA and/or with US citizenship, nor may such securities and rights be transferred to them.

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Picture description

"Berry-Picker in Mountain Landscape", 1844 FRANZ EYBL 18061880


In this picture Eybl depicts a country girl set against an imposing backdrop of mountains. The artist conveys the subtlest nuances in the portrait, his skill particularly evident in the rendering of the textiles and the qualities of the different materials. The patterns on the red neckerchief, the colourful bodice beneath it, the blue apron and the white of the blouse, along with the headscarf, are a picture in themselves with their interplay of subtly differentiated textures. The girl does not look directly at the viewer - she seems dreamy, lost in thought. Her reflective pose infuses the picture with an almost meditative calm. Collections of the Prince of Liechtenstein, Vaduz Vienna LIECHTENSTEIN MUSEUM, Vienna. www.liechtensteinmuseum.at

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