The Shell Foundation is an initiative of the oil major Royal Dutch Shell, envisioned in 1997, as a worldwide, social investment initiative to concentrate on working with external partners to promote sustainable development. In 2000 the Foundation was incorporated as an independent UK-registered charity, with an income stream underpinned by an initial endowment of $250m (£133m) from Shell. The foundation has a Board of seven people: three Shell executives, three non-Shell members from the international development sector, and a non-Shell Chair.
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