Message from
the CEO
Letter from the
chairman of the Board of Trustees
The Foundation
1. To mobilize leaders
To convince public, social and private leaders that if they prioritize policies and practices that promote early childhood development, our society will have better prepared and more industrious citizens.
2. To improve the quality of early child education
To improve the policies of daycares and preschools with the implementation of good practices that emphasize an intersectoral approach.
3. To strengthen childcare
To bring more information for parents and caregivers into the homes of young children through programs and parenting services that teach the value of stimulation, interaction and bonding.
4. To raise the awareness of society
To awaken each person to the importance of a child’s first years of life. To show that if we plant the seeds of full development during this period, the child will reap the benefits for the rest of her life.
How we do?
We support the development of models and applied research, we articulate through advocacy strategies and raise awareness of society.
We generate, update, curate and share knowledge. We inspire people and mobilize public, private and social leaders. We strive to raise awareness of society about the importance of making positive change, through influencers. We promote the establishment of partnerships that can increase the impact of such change and leverage its results.
Our way: network to go further
This is how we have decided to act. We believe in the power of connecting people and their different wisdoms. That is why we have partners capable of expanding the network of ideas and projects.
Our purpose:
Develop the child to develop society
Map of Results
In 2018, 23 projects were part of our portfolio, distributed among our four priorities: mobilize leadership, improve early childhood education, strengthen child care, and raise awareness of society. To achieve the desired impact, we set goals for each of these initiatives – and this map reflects how much we achieved with the actions developed throughout the year (maximum value: 120%).
Projects
Click on the items to learn more about the actions of 2018
Support for the cause
Dia Viva Unido
(such as United Living Day)
Participation in a volunteer action promoted by United Way Brazil in November, along with other partner organizations from United Way, in a joint effort in the Campo Limpo region, in São Paulo, to improve and revitalize spaces for play and socialization in the Early Childhood Education Centers (CEI in portuguese) Nathália Pedroso and Olga Benário, who together have about 243 children.
Educação Já
(Education Now)
The Foundation partnered with this nonpartisan initiative led by Todos pela Educação, whose objective is to contribute with concrete and structuring measures that respond to the challenges of elementary education in Brazil. We participated in the discussions and contributed to the consolidation of the recommendations for Early Childhood, which is one of the seven priority measures listed for the government as of 2019.
Observatório do Plano Nacional da Educação
(Observatory of the National Education Plan - OPNE in portuguese)
The Foundation is one of 28 partners in this project of advocacy and monitoring of Brazil's National Education Plan (Plano Nacional da Educação - PNE in portuguese), coordinated by Todos pela Educação, to help it stay alive and fulfill its guiding role for educational policies in the country. We contributed to it by participating in working groups of the initiative.
Conviva Educação
(Living Together Education)
Support to the Conviva Educação platform, an União Nacional dos Dirigentes Municipais de Educação (Undime in portuguese) initiative, in partnership with 13 organizations, that provides a virtual environment for the management of municipal departments of education, with tools, content, and practices to improve the quality of the education provided. We helped with content and initiatives focused on early childhood education.
Movimento pela Base Nacional Comum
(such as ‘Common Core’ Curriculum Commitee)
Support to the initiatives of Movimento pela Base, a non-governmental group of education professionals that, since 2013, has been working to facilitate the construction and implementation of a quality syllabus throughout Brazil, known as Base Nacional Comum Curricular (BNCC in portuguese). We collaborated in the publication and dissemination of materials to support the implementation of the BNCC for early childhood education.
Center for Excellence and Innovation in Educational Policies
(CEIPE in portuguese)
Institutional support to CEIPE, an initiative of the Brazilian School of Public and Business Administration of the Getúlio Vargas Foundation (FGV/EBAPE), in partnership with Harvard University, with the goal of improving early childhood, equity and, the customization of learning processes.
Grupo de Institutos Fundações e Empresas
(Group of Institutes, Foundations and Enterprises - GIFE in portuguese)
As a member of GIFE, in 2018 the Foundation participated actively in GIFE's various thematic agendas, and of the highlights was the evaluation group that, together with other social investors in Brazil, has brought to the forefront the importance of the topic as a fundamental part of organizations' performance, promoting learning, transparency of results, and greater efficiency in the allocation of resources.
Early Childhood in Higher Education
Support to Brazil's National Association of Private Universities (ANUP in portuguese) in the development of a subject on child development. ANUP brings together 185 higher education institutions with more than 2 million undergraduates. As of 2019, private institutions will have the subject as part of their syllabus in the health, pedagogy, psychology, and social service courses.
Workshop - Teacher Training in Early Childhood Education
Workshop support, promoted by the Center for Excellence and Innovation in Educational Policies (CEIPE in portuguese) of Fundação Getúlio Vargas (FGV in portuguese), in partnership with the Lemann Foundation and Columbia Global Centers. The event took place in March in Rio de Janeiro and was attended by members of the federal government and Brazilian and foreign experts.
Narrativas
(such as Narratives)
Support to the network of communication professionals working with social causes, which aims to strengthen the role of communication in civil society organizations, starting with the dissemination of knowledge and promotion of debate focused on social transformation. Involved with Narrativas since its inception in 2015, the Foundation supported the launch of the network in April 2018 and participated in events that discussed the strategic positioning of communication in promoting social change, engagement, and mobilization.
Early Childhood Week
Participation in the initiative promoted by the city of São Paulo in August to value and draw attention to the care needed during the first six years of a child's life. The Foundation supported the execution of the Early Childhood Workshop, attending the event's opening table and participating in other debates, such as the panel "The Importance of Early Childhood Development."
National Undime Forum
Support to the 7th Fórum Nacional Extraordinário dos Dirigentes Municipais de Educação, organized in August by União Nacional dos Dirigentes Municipais de Educação (National Union of Municipal Education Directors - Undime in portuguese). The event brought together leaders and technical teams of municipal departments of education from all over the country to discuss "The right to education and the guarantee of access, school attendance, and learning." The Foundation participated in the "Intersectoral actions in promoting the right to learn" discussion table and held a workshop on the evaluation of Early Childhood Education in the Conviva Educação exhibition area.
Associação de Jornalistas de Educação
(Association of Journalists of Education - Jeduca in portuguese)
Support to the 2nd Conference of Journalism on Education promoted by Jeduca. Held in August in São Paulo, 429 people attended the event, including journalists, educators, and representatives of the government and bodies that oversee the public sector. Our contribution focused on putting early childhood on all discussion tables — and one of them addressed the topic: "The expansion of vacancies and the debate on quality in early childhood education."
III International Conference on Relational Psychomotricity
Support to the event promoted by the Brazilian Association of Relational Psychomotricity and the International Center for Relational Analysis (CIAR in portuguese), to discuss the importance of the personal development of professionals working in the areas of Education, Health, and Social Work. In this 3rd edition, the Foundation participated in one of the round tables of the XVI Municipal Forum of Education and Relational Psychomotricity, whose theme in 2018 was "Prevention in Early Childhood: priority for a healthy society."
Criança é Prioridade (Child is Priority) Campaign
We supported the action of the National Early Childhood Network (RNPI in portuguese), which, much like in the 2016 municipal elections, launched a campaign to call on presidential candidates and state governments to sign a commitment to early childhood. In all, six presidential candidates and 61 state government candidates signed the document – and of the 27 governors-elect, 11 signed the letter of commitment. The action also included six workshops to educate journalists on the topic of early childhood and the preparation of the Early Childhood Guide to be included in the topics discussed during the Elections.
XI Week of Valorization of Early Childhood and Culture of Peace
Support to the event promoted by the Commission for Valorization of Early Childhood, in the Senate, held in November in Brasilia. The Foundation participated in the "Health, Family and Education" panel, with the topic "MELQO – Measuring the Quality and Results of Initial Learning.”
Transparency
Since the beginning of its activities, Maria Cecilia Souto Vidigal Foundation has been audited by an external and independent company. The Foundation's financial reports for 2018 were approved by external auditors, with no exception or reservations. The financial statements, the reports, and the related explanatory notes can be found at this link.
The Foundation's excellence of governance provides internal clarity and aims at a steady and progressive improvement of operational management, which translates into tangible results. In 2018, more than 9 million BRL was co-invested in projects, which made the Foundation advance in the mission of developing the child to develop society.
Financial Management
Use of the Foundation annual budget (in millions of reais)
0,7
million
0,9
million
0,3
million
How the budget was invested
17,5 million
for projects.
28,6% growth in the last two years
9,5 million
in co-investment
for the early childhood development cause
Efficiency
The efficiency ratio is used as a measure of the effectiveness of the Foundation's resources. It expresses the relationship between operating expenses and the amounts allocated to the Foundation's initiatives.
In 2018, the allocation of the data that compose the efficiency index was revised. A new criterion for calculating budgetary expenditures was established and applied to the historical series.
For every 100 BRL invested by the Foundation, 74,7 BRL were put in initiatives that benefit our cause
R$10
R$20
R$30
R$40
R$50
R$60
R$70
R$80
R$90
R$100
Co-investment
The Foundation has joined forces and, with the support of partners, has been able to leverage early childhood development initiatives, reinforcing the certainty that together we can go further.
R$ 0,0 million
in co-investment
Contribution: donations or sponsorships received from partners and operated by the Foundation
Return: resources that the Foundation coordinates within the network so that the partners can invest directly in the projects
Our partners invested 66.8 BRL for each 100 BRL invested in projects by the Foundation
R$10
R$20
R$30
R$40
R$50
R$60
R$70
R$80
R$90
R$100
Endowment
The endowment is the funding model used for all activities - the resources invested come from the equity of Maria Cecilia Souto Vidigal Foundation. Each year, the control mechanisms are improved to guarantee risk management efficiency and financial sustainability for the continuity of the endowment.
The Foundation's endowment has representative governance and transparent processes. It is managed by outsourced companies selected and contracted by Maria Cecilia Souto Vidigal Foundation among those with recognized competence, credibility, and financial soundness. These companies are responsible for implementing their mandates (in accordance with the investment policy).
In 2018, the Foundation's endowment obtained a 1.32% higher yield than expected (National Wide Consumer Price Index, known as IPCA,+ 4.5%), despite the weaker pace of the Brazilian economy recovery and the high volatility of financial assets throughout the year.
The use of resources from the Foundation's endowment is approved annually by the Board of Trustees, based on a budget prepared by the team, with the follow-up of the Investiment Committee and the curator of foundations of the São Paulo Public Prosecutor's Office (Ministério Público de São Paulo).
Balance Sheet
As of December 31, 2017 and December 31, 2018 – in
thousands of reais
ASSET
2017
2018
Cash and cash equivalent
2.788
1.774
Related resources
1.275
4.242
Other credits
88
50
Securities (endowment)
500.877
530.892
Other credits
678
1.611
Fixed assets
611
614
Intangible
1
27
Total Assets
506.318
539.210
LIABILITY
2017
2018
Accounts payable
506
184
Labor obligations
585
431
Tax liabilities
116
309
Funds to invest
1.275
4.242
Allowance for contingencies
737
1.672
Total Liabilities
3.219
6.838
EQUITY
2017
2018
Equity
458.148
503.099
Accumulated surplus
44.951
29.273
Total Net Equity
503.099
532.372
Total Liabilities + Net Equity
506.318
539.210
Income Statement
PROGRAM INCOME
2017
2018
Sponsored income and donations
2.115
3.172
Other income from activities
5
13
Volunteer Activities
326
381
Total - operating income from activities
2.446
3.566
PROGRAM EXPENDITURE
Personnel expenses
- 4.258
- 5.342
Third-party services expenditure
- 5.047
- 6.423
Travel expenses
- 904
- 912
Publication expenses
- 747
- 147
Overhead costs
- 112
- 123
Sponsorship and donation expenses
- 4.373
- 4.569
Volunteer Activities
- 326
- 381
Total - spending on activities (social projects and sponsorship)
- 15.767
- 17.897
OPERATING EXPENSES
Personnel expenses
- 2.157
- 2.877
General and administrative expenses
- 626
- 733
Third-party services expenditure
- 513
- 769
Travel expenses
- 23
- 52
Taxes
- 43
- 229
Depreciation and amortization
- 176
- 173
Other revenues
2
-
Total - administrative expenditure
- 3.536
- 4.833
FINANCIAL INCOME AND EXPENSES
Revenue - Adjustments to the fair value of investments in investment funds (Endowment)
67.524
71.797
Expense - Adjustments to the fair value of investments in investment funds (Endowment)
- 5.716
- 23.360
Net financial income or loss
61.808
48.437
Expenditure of the year
44.951
29.273
In the News
We are active in maintaining early childhood development relevant, broadening the debate about the importance of development in the first six years of a child's life, and encouraging journalists to place the needs of Brazilian families in the forefront of discussions. In 2018, we gained prominence in the press and, of the total of insertions that we had, 10% were in TV; 28% in newspapers and magazines; and 62% in online outlets. Throughout the year, 796 articles mentioned the Foundation and 390 were published addressing our two priority topics: child education and parenting. Here are some examples:
BOM DIA BRASIL
Ministry of Education includes evaluation of child education in research 24/07/2018
See More
Our History
It's more than 50 years of history. A history marked by insights and renovations. The first steps of our trajectory were linked to a tribute: the motivation of banker Gastão Eduardo de Bueno Vidigal and his wife, Maria Cecilia Souto Vidigal, who founded the Foundation in 1965, in memory of their daughter, Maria Cecilia, who died at the age of 13, of leukaemia. Encouraging research in the field of haematology is what moved the Foundation until 2001. It all started with a laboratory in partnership with the University of São Paulo School of Medicine (USP) and, for almost 40 years, we have been working to promote research, translation, and dissemination of knowledge in such area.
In 2007, a new chapter in our story began, and since then, we have embraced the cause of early childhood. However, to this today, and in respect to the will of its founder, the Foundation still contributes to the field of haematology – including a partnership with Hospital das Clínicas in São Paulo. In 2018, we collaborated in the renovation of the areas of clinical immunohematology as well as the hospital's bone marrow cryopreservation room and laboratory, allowing better tissue storage.
We also started the implementation of P-TET - Pediatric Educational Instrument for Thrombosis, a card game that aims to inform children and families about the importance of following the treatment correctly, therefore making it more effective. The material will be provided in 2019.
Governance and Team
To achieve all these results, we count on an engaged team and the commitment of our boards and committees. We work together to transform the reality of early childhood in Brazil and contribute to children's full development.
Partners
Federal Government
State Governments
Municipalities
Álvares Florence, Américo de Campos, Apiaí, Barra do Chapéu, Boa Vista, Caraguatatuba, Cardoso, Cosmorama, Floreal, General Salgado, Ilhabela, Itaóca, Itapirapuã Paulista, Macaubal, Magda, Monções, Nhandeara, Parisi, Pontes Gestal, Ribeira, Riolândia, São Paulo, São Sebastião, Sebastianópolis do Sul, Ubatuba, Valentim Gentil, Votuporanga.
