Influence of Albert Camus in the values of the Foundation and principle of the meritocracy.

Ricardo Portabella, Founding Chairman of the Foundation, was heavily influenced by the humanist work of the French author Albert Camus. For Ricardo Portabella, this author was not only a literary reference but mainly a philosophical guide in which education and knowledge are the instruments to achieve prosperity for humankind.

Albert Camus, was a son of the French meritocracy, he dedicated his Nobel Prize to his teacher who believed in him.

Here is the speech written by Foundation’s Chairman and reading during the official award ceremony scholarships on 28 February 2019:

" Real generosity towards the future lies in giving all to the present. " — Albert Camus.

"The Rebel has been a source of inspiration of mine throughout my childhood and has guided me greatly on my attempt to make society a more just and equitable community.

I understood clearly, that in order to provide a better and more prosperous future to the generation that followed, I had to act swiftly and decisively.

We live in an egocentric socio-economical system that is all but generous, with a growing disappointment in the institutions that manage the relations between us. These circumstances reinforce our individualism, both at a personal level like at the State level.

The previous generations, although less conscious than we are today, have given us the foundations to act and evolve. Our capitalist system is tested daily and yet it adapts to and overcomes these tests. It fulfils its objective of optimising its resources as well as redistributing the wealth that it creates, leaving it to the individual to decide how to.

I am therefore convinced that the best and most efficient way to nurture individuals towards realising the idea of having a more just and universal society is through a structured and bolstered university system.

I consider the University of Luxembourg to be the right institution for this, as it embodies all the values needed to prosper as well as practices the academic rigor required to give its students the tools to shape, as of this day, our tomorrow."

— Ricardo Portabella, Founding Chairman of the Foundation

The purpose of the Foundation is to help a maximum of deserving students in financial and social difficulties.

The Foundation doesn’t discrimate any students about nationality, gender, and academic field;
since the 3 faculties of the University of Luxembourg are represented in the student grant programs:

  • Faculty of Science, Technology and Medicine
  • Faculty of Law, Economics and Finance
  • Faculty of Humanities, Education and Social Sciences


Please discover at the following link a video explaining and showing the principles of the Foundation as well as the past and recent events.

Why did the Foundation decide to support the University of Luxembourg?

The University of Luxembourg aspires to be one of Europe’s most highly regarded universities with a distinctly international, multilingual and interdisciplinary character. It is composed of 6,714 students from 129 countries. This university is one of the few in the world to be multilingual and has students, researchers and professors from all over the world.
The University of Luxembourg is still young, it will celebrate 20 years in 2023, for this reason it deserves special attention and support.