As an organization, we adhere to the highest standards of foundation governance, and we demand the same from our partners and projects. This means you can have the utmost confidence in your association with the Foundation.
These principles include:
- Compliance with the principles of the Swiss Foundation Code
- Best practices for effective implementation, checks and balances, transparency and sustainability
- Internal control system (ICS) in line with the statutory provisions of the Swiss Code of Obligations
- Member of SwissFoundations and proFonds
The UBS Optimus Foundation Board directs the acquisition and distribution of funds, and monitors business management. The business office is responsible for the operative management of the Foundation. Our annual statements are audited by PricewaterhouseCooper, Basel. We are also overseen by government regulators for foundations of the BVG and Stiftungsaufsicht beider Basel (BSABB)
Project and partner principles
We insist on the highest standards of quality when selecting and monitoring our projects and project partners. Each project proposal is evaluated in strict conformity with our evaluation criteria before we enter a financial commitment. In principle, any non-profit organization and/or university can submit an application for support. A clearly defined process exists so that applications reach the Foundation independently. Applicants can obtain all the information and application forms below.
Project progress check
We have a comprehensive approach to monitoring our projects. The project partners are accountable for routine project reporting, which ensures we receive regular updates on progress. The Foundation's experts conduct periodic site visits and reviews. In addition, the projects are evaluated for their impact by an external, independent expert. During an ongoing partnership with the Foundation, the project partner must present a plan with key performance indicators and targets to ensure ongoing financial support for the project, beyond the completion of the UBS Optimus Foundation grant.
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