This excerpt taken from the UBB 6-K filed Nov 9, 2007.
Social and Environmental Responsibility > AACD
In July, 2007, Hipercard established a partnership with AACD Associação de Assistência à Criança Deficiente (Disabled Children Assistance Association), and started the program Ajudar a AACD é Hiper (Helping the AACD is Hyper). This program allowed Hipercard clients to make donations to the Association, and to help with the treatment of disabled children.
During the 3Q07, more than 84 thousand donations were completed, going over R$200 thousand in a single month, and it is expected that about R$2.5 million is donated in one year.
Continuing the partnership with AACD, in October, 2007, the Unibanco Capitalização (Unibanco Annuities), created a program to donate part of the profit from the capitalization plans sales to treat disabled children from AACD.
AACD is a 57-year-old organization, and accounts for more than 5 thousand monthly attendances and 1 million of annual assistance. However, it still has a waiting list of about 30 thousand children.
Social and Environmental Responsibility >