Corporate Social Responsibility

Moving Forward by Giving Back.

Corporate Social Responsibility

Moving Forward by Giving Back.

Our Corporate Social Responsibility (CSR) initiatives reflect First Eagle’s firmwide dedication to exerting a positive influence on the communities in which we live and work, the industry in which we operate and the world at large.

Within First Eagle’s Guiding Principles is a commitment to excellence in everything we do, which includes our Corporate Social Responsibility (CSR) efforts. The privilege we enjoy as a prominent business is not lost on us, nor is the accompanying duty to help effect positive change where we can. To this end, First Eagle over time has evolved our philanthropic efforts to provide targeted support of nonprofits aligned with the interests of our colleagues while also seeking ways to reduce the environmental footprint of our operations.

Through the First Eagle Investments Foundation, First Eagle promotes a spirit of philanthropic engagement from the top down by seeking ways to improve ourselves as individuals while positively impacting the community. Since its founding in 2012 to institutionalize First Eagle’s longstanding charitable efforts, the Foundation has donated approximately $11.5 million (as of December 2023) to organizations and causes identified as important to First Eagle employees and to the communities in which we live and work, with a focus on Arts & Culture, Community Development, Education, Environment and Healthcare.

Since 2012, the First Eagle Investments Foundation Has Donated Approximately $11.5 Million

F.E.I. Foundation Grants Breakdown_2023

For a detailed description of this infographic, please see the details content below.

For a detailed description of this infographic, please see the details content below.

 

Breakdown of grants by focus area.

 

% of Grant Total By Focus Area
Focus Area% of Grant Total
Education & Financial Literacy43.97%
Healthcare38.27%
Arts & Culture8.74%
Community Development4.73%
Environment4.05%
Other0.25%

 

Top Education and Financial Literacy Grant Recipients

 

  • Prep for Prep
  • Girls Who Invest
  • The Posse Foundation
  • iMentor Incorporated
  • Women's Money Matters
  • Economic Awareness Council
  • Council for Economic Education
  • Working in Support of Education (W!se)

The Foundation pursues its philanthropic goals through a number of key avenues. It seeks to establish collaborative partnerships—including both financial support and volunteer opportunities for First Eagle employees—with a handful of nonprofit organizations. Most recently, we established such relationships with five nonprofits focused on improving financial literacy in the US, particularly among minority groups: Council for Economic Education, Economic Awareness Council, Women's Money MattersWorking in the Support of Education (W!SE) and Girls Who Invest. We also leverage the Foundation to promote academia and research. First Eagle supports a postdoctoral fellow in the Translational Research Oncology Training Program at Memorial Sloan Kettering Cancer Center.

Meanwhile, our matching gift programs seek to amplify the charitable activities of our colleagues—including the donation of money, time and goods—while better aligning the Foundation’s priorities with theirs, achieving greater total impact in the process. In 2023, $1 out of every $4 committed by the Foundation was directed by First Eagle employees.

In terms of the environment, First Eagle understands the effect our consumption of natural resources in the daily conduct of business can have. We believe we can mitigate this impact through adopting sustainable policies and an environmentally sensitive culture that positively influences the actions of our employees and the firms with which we do business. We have over time sought to reduce our environmental footprint in a variety of ways—for example, introducing recycling programs in our offices, understanding the sustainability practices of the buildings in which we work and evaluating travel alternatives—and we are continuously seeking to improve our behaviors and disclosure conventions as best practices in sustainability continue to evolve.

Please click below for more details about First Eagle’s commitment to Corporate Social Responsibility, including our related efforts to promote Diversity, Equity and Inclusion within the firm.