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OKD Foundation

The OKD Foundation is the largest Foundation within the Moravian-Silesian Region and simultaneously one of the most significant in the whole Czech Republic. This Foundation subsidizes the non-profit organizations to help people in need, for improvement of social care level, leisure time activities, cultural events and also environment. The subsidy goes to the Moravian-Silesian Region, concretely to the districts of Karvina, Frydek-Mistek and Ostrava.

Since its establishment in 2008, the Foundation subsidized more than 1969 welfare projects with the total amount of 296 M CZK and thanks to these distributed financial resources the OKD Foundation ranks among the largest ones in the Czech Republic.

The Foundation contributes to develop projects from various fields and so it brings the Region and its inhabitants benefits. Within the basic programs For Region and For Europe the Foundation is focused on subsidy of health and social projects, development of education and leisure time activities, improvement of environment and care of the mining or regional traditions. At the same time the Foundation subsidizes the non-profit organizations when preparing projects for obtaining the subventions from the European Union and own employees in the mini-grant program called Srdcovka /Bleeding Heart/.

The founder of this Foundation is the Hard Coal Mining Company of OKD, a. s., one of the most significant companies and the biggest employer in the Moravian-Silesian Region and the whole Czech Republic it is also a company with a long-standing tradition and close attachment to the Region when it is doing business. The Foundation has been established by the mine company after the company restructuring within the international Group of New World Resources (NWR). The NWR brought to OKD new prosperity and especially the global standards commonly used in the international entrepreneurial environment. From here there was only a step to define its own policy of social responsibility for establishing the company´s Foundation and building of the philanthropic efforts of OKD with the strong base. The OKD expects from the Foundation that the resources being gained from the individual donators will be dutifully, systematically and as much as transparent distributed in favour of the best projects and among those who really need the resources.

Except of the parent company belong to the most important donators of the OKD foundation also the New World Resources, RPG Real Estate, AWT, Green Gas DBP as well as other firms and individuals.
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More detailed information can be found at www.nadaceokd.cz

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