The Gas Natural Fenosa Foundation took part in the Conference on good governance of the Foundations, organised by the Spanish Association of Foundations and aimed at Trustees and Directors of Foundations.

The conference was presented by Javier Nadal, Chairman of the Spanish Association of Foundations, and Patricia Roda, Director of the Fundación Lealtad and Adolfo Menéndez, member of Uría Menéndez, who moderated the presentations, also took part.

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Three different types of foundations (heritage, social and company) were chosen to talk about their experiences. Each of them addressed different subjects:

José María Arias Mosquera, Chairman of the Barrié Foundation (Heritage Foundation), addressed the role of trustees in achieving the foundational goals.

Enrique Piñel López, Secretary-General of UNICEF Spain (Social Foundation), explained that a good patronage was expected.

Pedro Fábregas, Managing Director of the Gas Natural Fenosa Foundation (Company Foundation), talked about the transparency of foundations in his presentation “¿Qué entendemos por una Fundación Trasparente?” (What does a Transparent Foundation mean?), and explained how the foundation reached number one in the transparent foundations ranking according to the report by the Compromiso Empresarial Foundation.

Madrid (Spain), 12 Jul 2012

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