Shell Foundation was established by Shell Group in 2000 as an independent, UK registered charity operating with a global mandate. It focuses on enterprise-based solutions to poverty and environmental challenges linked to the impact of energy and globalization. It acts like an investor, identifying financially sustainable solutions to these challenges that can be taken to scale and replicated to achieve global impact. By 2010 the Foundation will have used $75 milllion to leverage $350 million from other organizations.