EdelGive’s GROW philanthropic fund to expand long-term support to 100 local NGOs
EdelGive announced GROW, (The Grassroots Resilience Ownership and Wellness Fund), a collective of philanthropists, to support and support more than 100 NGOs after the distress caused by COVID-19.
While the world is currently reeling from the COVID-19 pandemic, it was grassroots networks on the ground that were the first to come to the rescue, rapidly adapting their programs to meet the needs of the communities they serve. However, these organizations have faced challenges in their growth and livelihood throughout the pandemic.
The GROW fund was institutionalized with the vision of supporting 100 grassroots organizations by meeting their needs and creating future readiness.
The Bill and Melinda Gates Foundation, Manan Trust, Rohini Nilekani Philanthropies, ATE Chandra Foundation, Ashish Kacholia and some other partners with Edelweiss Group have supported this initiative.
“The past year has been a difficult time for the organizations we all support and the communities we care about. If anything, the continuing pandemic again underscores the importance of a resilient and diverse samaaj which has been the foundation of the rapid response. I am happy to participate in the GROW Fund as a philanthropic collaboration to strengthen civil society institutions to respond even more effectively to future challenges, ”said Rohini Nilekani, Founder and President of Rohini Nilekani Philanthropies.
“Grassroots organizations play a crucial role in social and developmental progress because of their deep community engagement and last mile connectivity. Their incredible role has been recognized by all during the current COVID crisis, but the pandemic has also created many challenges for organizations, jeopardizing their operations and their potential for impact. A collaborative philanthropic effort that specifically seeks to support grassroots organizations is the need of the hour, and we are delighted to join with other donors in supporting the GROW Fund, to ensure that these organizations can continue to produce. impact and be ready for the future ”. said Hari Menon, Country Director – India and Lead, South and South East Asia, Bill and Melinda Gates Foundation.
“The global pandemic has drawn increased attention to the importance of funding for capacity building and future preparedness. For NGOs to be sustainable and resilient, donors must focus beyond program costs and enable NGOs to continue their work with communities across India. Through the GROW Fund, I am confident that we will be able to create scale and resilience for organizations, increasing their impact exponentially and further creating a more robust social sector, ”said Vidya Shah, Executive President of the EdelGive Foundation.
“GROW is a bold and innovative attempt to bring collaborative philanthropy to support and strengthen NGO umbrella structures across India. We will seek to find and support 100 organizations with the help of our partner institutions and philanthropists, ”said Naghma Mulla, CEO of the EdelGive Foundation.
“The ATE Chandra Foundation is a firm believer and defender of the importance of funding the capacity building needs of NGOs. We are delighted to be part of the GROW fund, where local NGOs will benefit from capacity building support to increase and extend their impact. We believe that by strengthening NGOs in key areas such as human resources, technology and finance, they will have the right people and processes to work with many other beneficiaries in a sustainable and long-term manner ”, Gayatri Nair Lobo, Director of Operations, ATE Chandra Foundation
“Unlimited and flexible funding is the most useful way to support NGOs. We are delighted to support the GROW Fund as it prioritizes core costs and capacity building for some of the most promising NGOs in India. We are confident that the GROW Fund portfolio will play an important role in helping local communities respond to and recover from COVID in the long term, ”said Amanda Clarke, Managing Director of Manan Trust.
Over the past 13 years, EdelGive has grown into a granting organization with the core strength of being a manager of philanthropy and an advisor to institutions and philanthropists. He has a solid background in identifying and supporting excellent local NGOs to stimulate growth. EdelGive seeks to use the same experience to collectively help 100 NGOs that are affected by the massive distress caused by COVID-19.
Disclaimer: This press release is generated automatically. The RSE Journal is not responsible for the content