Twenty-seven selected EY professionals from the Americas (10), Belgium, the Netherlands (14) and Rio (3), stepped into Rio to do what they do best and support the local communities. The professionals, selected across a range of competencies, helped six local NGOs with advisory and transactional services on a pro bono basis.
I witnessed myself that the OLVP program has made a clear difference for the NGOs. It makes me proud and thankful to be a part of it. A very inspiring experience with legendary moments; a clear legacy for me.
Jan Peter Sigmond, Senior, Advisory – Amsterdam, EY Netherlands
During the Olympics, the EY professionals, as part of their Olympic Legacy Volunteer Programme (OLVP), went to Rio to work with the NGOs, implement their projects and visit the Games. Through their Olympic sponsorship, EY wanted to help create a legacy for Brazil and leave behind a better working world for future generations.
The projects with the six NGOs covered a range of different topics such as budget, growth planning, maturity assessments, balanced score cards, and funding strategies. Some of these projects were consciously made replicable across NGOs and there was a knowledge sharing session at the EY office in Rio to optimize the benefits of the project.
The NGOs and the Assignments
Rede Asta is committed to reducing social inequality in Brazil by empowering female artisans from low-income communities, providing them with training, networks and access to the market. EY helped them set up budget framework for creating better access to market and increasing sales.
Observatório de Favelas
To assist this NPO which develops initiatives, projects and public policy aimed at overcoming social inequalities in low-income communities, EY helped create knowledge sharing platforms within communities and a network to support development of locally sourced knowledge. Additionally, EY supported them in developing a strategic plan.
Instituto da Criança
The Instituto da Criança is a NPO that supports social initiatives and conducts educational programs in low-income communities in Rio de Janeiro. The fast-growing NPO needed a system to measure their processes and EY promptly stepped in to design a balance scorecard for them to increase effectiveness of their activities and to identify ways of gauging success.
You have no idea how participating in the OLVP was important for the Instituto da Criança and how rich the obtained results and interactions we had were. A unique opportunity, which in itself already left us with a beautiful legacy.
Pedro Werneck, President, Instituto da Criança
The CIEDS strives to promote more effective public policies and strategic social investment in four main areas of focus: Education and Citizenship; Inclusion and Welfare; Integrated Development; and Entrepreneurship and Community Development. To assist them in their endeavours, EY created a KPI scoreboard to help CIEDS compare between national projects and measure their impacts.
Fundação Gol de Letra
This NPO, which provides educational programs for children and adolescents in socially vulnerable communities, guarantees that contributions from sponsors are used exclusively for the projects, so that the children profit. The NGO needed to use sport as a social inclusion tool and find out ways to cover costs which are not directly linked to the projects. EY stepped up to create a funding strategy for them to help them with financial analysis and alternative financial sourcing.
Viva Rio mainly works to support social initiatives and develop public policies to benefit low income communities in Rio de Janeiro through promotion of peace and social inclusion. As an NGO experiencing strong growth, they find themselves becoming a government arm and are feeling the negative effects of the same. They sought help from EY to conduct a maturity assessment, gap analysis and find ways to handle sudden growth and issues stemming from it.
Although it is too early to measure the results of EYs contribution, it can be said that the NGOs directly benefited from expertise and consulting services that they normally would not be able to afford, which will undoubtedly have a benefit on the NGOs and in turn in the local communities. The biggest benefit was to receive the tools and advice from a consulting service that they normally would not be able to afford.
This was the first time EY had a volunteer programme where EY professionals volunteered remotely for three months. Tied into Olympic sponsorship agreement, EY were able to activate their Olympic sponsorship, and have a meaningful impact in the local communities.