The Fair Distribution Foundation; a MAX Burgers foundation
What the Fair Distribution Foundation does
The Fair Distribution Foundation does not donate to charity, or provide aid.
What it does do is fight poverty, as well as provide disaster relief and healthcare in some of the world’s most vulnerable countries. And it does this mostly out of the public eye.
The purpose of the projects that the foundation supports or operates is to provide for the basic needs of vulnerable people and, in the longer term, create the conditions for them to become self-sufficient and break the cycle of poverty. To this end, education and healthcare/medical care projects receive funding.
The purpose of the foundation is: ‘primarily to help the needy, mainly in vulnerable countries. The foundation may also fund research, training and education initiatives.’
Founding and financing
The Fair Distribution Foundation (Stiftelsen Rättvis Fördelning), headquartered in Stockholm, was founded at the beginning of 2009. The decision to start a foundation was made on 18th June, 2008, in conjunction with the 40th anniversary of MAX Group.
The Fair Distribution Foundation was founded in 2009 by the then sole owner of MAX Burgers AB, Curt Bergfors who donated 9 per cent of the shares in its parent company as the initial capital of the foundation. These preference shares come with the right to a dividend of at least 7-10 percent of the MAX Group annual net profit. The value of the shares can be estimated from the Group’s ability to generate profits, or on its hypothetical market value, which currently stands at a minimum of SEK 500 million.
At the end of 2018 the foundation had funded SEK 145 million in projects.
The Fair Distribution Foundation supports Medishare for Haiti, an organisation set up by doctors to improve the general health of Haitians. Haiti faces many challenges, especially after the earthquake of 2010, storm Sandy in 2012 and hurricane Matthew in 2016. Cholera is a mounting threat and many Haitians live in what can only be described as deplorable conditions. The foundation has so far distributed SEK 78 million in funds to build basic healthcare infrastructure and to operate Medishare clinics in three municipalities in the central Haitian plateau – serving 110,000 people in this poorest area of Haiti.
In 2009 the foundation built a children’s village (SOS Barnby) in Tambacounda, Senegal serving 150 children, and a preschool for 70 children and infants. A clinic has since been added, serving 20,000 patients per year and providing essential general health care, maternity care, preventive medicine, malnutrition prevention and assistance in childbirth. The foundation funds the full running costs of the village, preschool and clinic, in addition to the salaries of the staff.
Curt Bergfors, Chairman
Jonas Haeger, Vice Chairman
971 25, Luleå