Founding Members
Born from the determination of a man of conviction, the Hector Otto Foundation is proud to bear the name of the generous donor who initiated it. A childless notary, Master Hector Otto amassed wealth in Menton in the second half of the 19th century. A councilor in the Principality of Monaco, he passed away there in 1916. A philanthropist at heart, he contributed significantly to the benefit of orphans of the Great War (1914-1918) and extended support to families afflicted by the conflict, who had to endure its human consequences both financially and socially.
Having bequeathed all his assets to improve their plight, his legacy was thus dedicated to supporting the most vulnerable and disadvantaged individuals, regardless of age or circumstance. Since then, the Hector Otto Foundation has remained true to the personal assistance ethos envisioned by its historical founder. Over the course of a century, it has ceaselessly acted for the elderly and the youth, adapting to the realities of the modern and contemporary world, thanks to the regular and ongoing efforts of its numerous donors, who have enabled its growth up to the present day.
While the names of the most significant contributors are displayed on the Foundation's boards in its entrance hall, two major legacies have marked its recent history during the 20th century. The first, from Charles and Marcelle Bellando de Castro, dates back to the 1980s. It alone allowed for the creation and construction of the eponymous residence on Princesse Florestine Street. The second, in 1991, came from Jean and Juana Giaume, a merchant couple whose real estate contribution, once sold, provided the Foundation with its other residence located on Hector Otto Avenue.
30 years later, on the same site and after 4 years of significant work, the Giaume Chamot Drappier Medicalized Residences reopened in the spring of 2023, upholding the same values and future as before!
Hector Otto