Principles

The activity of Obra Social and Fundación Caja Madrid is framed at all times by the principles and policies approved by the General Assembly, namely:

Unity

Obra Social is to be seen as the sum of all social and cultural activities carried on with the support of Caja Madrid irrespective of who organises or manages the initiatives.

Equity

Resources are allocated on the basis of need, timeliness, appropriateness and urgency. Decisions on the activities to be programmed and the individuals, families, groups and institutions they target seek to achieve maximum social return on the funding employed.

Relevance

Social and cultural activities should be attuned to the social agenda of the day, to the demands and aspirations of our society, combining a forward-looking, innovative approach with permanent attention to our commitments and obligations under projects in progress.

Transparency

Project selection criteria, control procedures and decision-making processes are given the widest possible publicity, while society and the media are kept constantly informed about Obra Social activities as a way to improve and strengthen its image.

Legitimacy

Obra Social should enjoy full recognition from its users and beneficiaries, the people within Caja Madrid and society at large for its activities, based on qualities that single it out as innovative and “different from the rest”.

Independence

Obra Social conducts its activities with complete independence, though it may from time to time enter into partnerships with public or private agencies as a means to leverage its social investment and strengthen and assure its image and mission.

Economy

Obra Social activities are conducted with attention to their effectiveness, to ensure that the objectives charted are achieved; efficiency, so as to consume the fewest possible resources in meeting our objectives; and synergy, making full use of the resources and talents available within Caja Madrid.

Social effectiveness and timeliness

Evaluating the ripple effects of the activities pursued, their impact on the target groups and the added value they generate, in accordance with the social and cultural needs of the day, and periodically reviewing the evolution of those needs to chart new priorities and objectives.