Fondation d'Entreprise Chanel, which ran programmes worth $22m, had been housed for 15 years in the Chanel building in the western Paris suburb of Neuilly-sur-Seine, which is mainly occupied by the group's beauty branch. Last year, however, it was quietly liquidated by the luxury giant. Its grant portfolio was transferred to Fondation Chanel, the British structure which now oversees all the group's philanthropic activities. Fondation Chanel, which distributes between $20m and $25m per year, is managed