The Foundation finances its country programs through donor contributions from Strategic Partners and Friends of the Foundation, and the returns on the Foundation's capital cover administrative costs. Alumni repayments under the Compromiso de Honor also finance the Foundation's programs, but are not booked in Switzerland.
In addition, the Foundation works with like-minded local funding partners to sustainably anchor its foundation purpose locally. Cooperations exist both for the co-financing of scholarships and for the handling of entire scholarship programs of local third-party organizations. In the case of co-funding, the scholarships count as those of the foundation; in the case of collaborations with third-party organizations, they do not. Although in the latter case the selection and supervision of scholars is also carried out according to the Foundation's tried and tested guidelines, the local funding partners are free to decide on the study programs financed, which is why the partner universities may also differ from those of the Foundation.
Unless otherwise stated, the following key figures relate exclusively to results achieved with Foundation funds (i.e. excluding third-party scholarship programs). Scholarships financed by the returns of the Compromiso de Honor are counted as scholarships financed by the Foundation, even if in some cases they are awarded and administered by a local alumni organization.
Key Figures (2022, consolidated, all amounts in USD, rounded) | |
---|---|
Scholarships funded by Fundación Educación (incl. locally co-financed) Scholarships funded by local third-party organizations Sucessful graduates since start of program (only Fundación Educación) | 276 34 1,281 |
% of scholars who successfully complete their studies %of scholars who immediately after graduation found employment % of scholars who after graduation work in their country %of donation that directly benefits the beneficiaries | 93% 95% 94% 94% |
Average cost per scholar per year (based on full tuition) Average cost per study (based on full tuition) | 4,100 19,600 |
Invested funds from foundation Invested funds from Compromiso de Honor Invested funds from local co-financing Total invested funds for scholarships | 617,000 144,000 113,000 874,000 |
On-site administrative costs for scholarship awarding & mentoring Administrative costs in Switzerland | 55,000 32,000 |
Repayments from the Compromiso de Honor since start Repayments from the Compromiso de Honor 2022 Locally raised funds (excl. Compromiso de Honor, incl. third-party programs) | 2,926,000 170,000 229,000 |
Education statistics (all amounts in USD) | Perú | Colombia | El Salvador | Guatemala | Total |
---|---|---|---|---|---|
Start of country program | 1994 | 1996 | 2006 | 2007 | |
Successful graduates since start of country program | 836 | 231 | 164 | 50 | 1,281 |
Scholars 31.12.2021 | 76 | 50 | 33 | 27 | 186 |
New scholars 2022 | 48 | 15 | 28 | 7 | 98 |
Graduates 2022 | 34 | 11 | 19 | 6 | 70 |
Leavers 2022 | 2 | 2 | 6 | 0 | 10 |
Scholars 31.12.2022 | 88 | 52 | 36 | 28 | 204 |
Invested funds from foundation | 156,814 | 173,406 | 96,564 | 190,335 | 617,139 |
Invested funds from Compromiso de Honor | 130,326 | 5,174 | 5,850 | 2,551 | 143,901 |
Total amount invested in scholarships (without local co-financing) | 287,140 | 178,580 | 102,414 | 192,906 | 761,040 |
Local funding (2022, all amounts in USD) | Perú | Colombia | El Salvador | Guatemala | Total |
---|---|---|---|---|---|
Repayments from the Compromiso de Honor since start | 2,666,611 | 127,872 | 199,730 | 14,555 | 2,925,768 |
Number of payers of the Compromiso de Honor | 357 | 18 | 41 | 25 | 441 |
Repayments from the Compromiso de Honor | 134,570 | 5,174 | 26,493 | 3,350 | 169,587 |
Local donations to co-fund Foundation scholarships | 2,339 | 50,675 | 0 | 59,913 | 112,927 |
Number of scholarships in programs of local partner organizations | 29 | 2 | 0 | 3 | 34 |
Volume of scholarship programs of local thjird-party organizations | 80,802 | 11,332 | 0 | 24,000 | 116,134 |
Locally generated funding for scholarships (incl. Compromiso de Honor) | 217,711 | 67,181 | 26,493 | 87,263 | 398,648 |
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