The EDP Foundation is a not-for-profit institution governed by private law; it was established on 13 December 2004 by the trustor EDP – Energias de Portugal, S.A., and recognised on 24 October 2005.
The EDP Foundation was declared a public interest institution on 4 December 2009, a status that was confirmed on 4 February 2013, and renewed on 28th february 2019 and on 16th October 2023..
On the date of its creation, the EDP Foundation's initial equity comprised the following:
a) The property known as the "Museu da Eletricidade" and its respective annexes, located at Central Tejo- Avenida Brasília, in Lisbon;
b) Other properties that may be donated by EDP;
c) The museum assets that form part of the Museu da Eletricidade estate;
d) The works in the collection's initial visual arts section on the date the EDP Foundation was established;
e) The financial contribution of 5,000,000 euros provided by EDP as founder;
f) The movable and immovable property and works of art, whether purchased, donated, inherited, or delegated, for reward or free of charge;
g) Any occasional or permanent contributions from any legal entity governed by private or public law.
The EDP Foundation's annual budget derives from EDP Group transfers and contributions form its shareholders, as well as income from some of the EDP Foundation's activities.
The EDP Foundation accounts are published in the Annual Report and Accounts, which are submitted to an external auditor, whose certificate and report is included at the end of the Annual Report and Accounts (available at the end of this web page).
Information regarding financial support received is included in Reports & Accounts. The EDP Foundation has not received any direct or indirect financial support from the state in the last three years.
Measurement of social impact
The EDP Foundation has adopted the B4SI - Business for Societal Impact international methodology to characterize and assess its investment and impact on the communities.