Foundation

Management report and financial statements

Below we present the management information 2018 of the El Cóndor Foundation.

Management report and financial statements 2018

Foundation
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Mission

El Condor Foundation seeks to implement and improve social investment processes that contribute to human development and to improve the living conditions of different communities. The aforementioned is done by: providing access to education with academic, professional, cultural or recreational training programs; increasing education quality using tools for institutional enhancement; and developing social infrastructure projects that contribute to improve the educational conditions and the build a social fabric.

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Education Challenges in Colombia

Education in Colombia has experienced many transformations in the past decades, displaying significant progress, especially in terms of coverage. However, huge challenges are still faced on a daily basis mainly related to quality. In this context, El Condor Foundation decided to focus its investments particularly on four challenges.

Created with Sketch. Education Training for Employment Infrastructure intervention Which led to the creation of 3 lines of intervention Access to Education Quality Education Training for Competitiveness Proper Settings for Learning

Program 1: Educational Aid – enables access to education for the children of the collaborators of Construcciones El Condor, from elementary to undergraduate school.

Program 2: Raining on Reading and Writing: structure and lead this program for the collaborators of Construcciones El Condor as well as communities near the projects, when required.

Program 3: Complementary Education – provides different communities a portfolio of complementary education strategies to increase the chances to access quality training programs and to enhance educational and/or community institutions. The portfolio contains a list of programs in three categories:

  • Quality education and access to knowledge: seeks strategies to complement and improve the educational conditions using technological initiatives, training processes and educational innovation.
  • Culture, recreation and sports: contributes to human development using recreational, sports, cultural and entertainment activities.
  • Training citizens: involves programs for the development of skills of citizens to enhance social fabric.

The purpose is to develop a program to train on basic labor skills, targeted to people in their pre-employment stage which are part of the communities near the projects. The purpose is to expand their chances to find a job in or out of Construcciones El Condor.

Program 1: Educational Infrastructure: develops infrastructure projects by building or refurbishing schools in Colombia.

Program 2: Social Infrastructure: develops construction and refurbishment projects of public settings to contribute to educational process, such as parks, playrooms, etc.