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Innovative philanthropy
A mission in the public interest

The endowment fund: an innovative tool for funding philanthropy

An innovative tool for funding philanthropy, the endowment fund combines the strengths of a non-profit organisation under the 1901 Act and a foundation. As a legal entity, it consists of an irrevocable allocation of assets for the fulfilment of a mission or a project in the public interest.

The aivancity endowment fund aims to contribute to the development of diversity and social inclusion within aivancity, notably by enabling the funding of student scholarships.

It also aims to develop research activities that contribute to the advancement of knowledge and practices in Artificial Intelligence and Data Science, whilst incorporating the principles of trust and ethics.

The aivancity endowment fund aims to contribute to the development of diversity and social inclusion within aivancity, notably by providing funding for student scholarships.
It also aims to develop research activities that contribute to the advancement of knowledge and practices in Artificial Intelligence and Data Science, whilst incorporating the principles of trust and ethics.
The constitutional principle of equal access to education for all citizens and the undeniable role of education as a means of social mobility, helping to reduce social and economic inequalities, are the driving forces behind the creation of this endowment fund.
Beyond its technical challenges, AI today raises numerous questions about its implications for business and management, as well as for humanity and the society of tomorrow. The aivancity endowment fund therefore also aims, by funding research and development projects, to advance the practical applications of AI whilst taking into account changes in business practices and the expectations of society.

A mission in the public interest

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  • The awarding of grants or prizes to people in difficulty to enable them to fund their studies, to help finance international mobility and/or to carry out a career project.
  • Supporting people in difficulty to assess their skills and define a strategy for re-entering the labour market.
  • Funding training (including distance learning) for people in difficulty.
  • The development and implementation of projects, research chairs or research programmes
  • The awarding of research grants
  • Establishing and coordinating networks of researchers, and informing the public about the fund’s activities and the latest developments in research into artificial intelligence and data science
  • The organisation of research activities, training courses, meetings, conferences and seminars
  • The publication of any analysis, book, thesis, classification system, etc. falling within the scope of its remit
  • The organisation of workshops, courses, training programmes and any activity promoting a culture of responsible and ethical artificial intelligence and data science
  • To receive and manage, whilst capitalising on them, assets and rights of any kind contributed to it free of charge and irrevocably, with a view to redistributing the income therefrom in order to assist it in carrying out its work and missions in the public interest and to undertake projects of an exceptional nature. The fund’s resources will be used, amongst other things, to support students at the aivancity School for Technology, Business & Society, enabling them to take part in competitions, organise conferences, humanitarian and charitable initiatives, and, more generally, to develop their skills. To this end, the fund may cover expenses of any kind.