A quorum of European leasing professionals has
established a not-for-profit organisation called the Leasing
Foundation to promote and develop the industry and encourage
charitable initiatives.

The brainchild of Andrew Denton, chief
operating officer of CHP Consulting and Derek Soper of consultants
IAA-Advisory, the Foundation’s mission is to support the industry
through research and personnel development programmes.

The Foundation will be advised by a board of
Governors with Tarun Mistry, head of Grant Thornton UK’s

Leasing & Consumer Finance practice
and Professor Peter
Thomas, a specialist in research and computing, joining Denton and
Soper as directors.

The Foundation has been set-up as a company
limited by guarantee in the UK and is not a lobbying body or a
trade association.

Denton said: “We are keen to use the Leasing
Foundation to bring people together to create value for the whole
industry, and that’s why we are creating a range of activities
including the Leasing Foundation Annual Report – a research-based
publication that will take a serious look at the big issues we are
faced with.

“One of the key roles of our Governors – the
most influential voices in our industry – will be to advise us on
the issues we should focus on, and make sure we understand and
communicate them effectively.”

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Tremendous charity

Initiatives the Foundation will run include
LFResearch, an annual independent research report shared across the
industry, LFWomen in Leasing, a programme to bring together and
encourage the development of women in the industry, LFFuture
Leaders, to develop the new entrants to the industry and The
Leasing Fellows, an invitation-only community of the leading
thinkers in leasing and asset finance.

The Foundation also aims to provide a focus
for the organisation for charitable activities undertaken by
leasing professionals and LFGiving has been set-up to this end.

Soper said: “We know that there is a
tremendous amount of charitable and philanthropic activity from
people in our industry, and we wanted to set up a vehicle to
support that.

“The Foundation will help us to do that by
connecting those people in leasing and asset finance to a range of
great causes and bring some real recognition to the way the
industry gives back – and will help us identify what else we can do
to help.”