The EdelGive Foundation GROW Fund to start its first cohort of 100 NGO recipients
EdelGive Foundation GROW Fund – The GROW Fund, which is anchored by EdelGive Foundation and many reputable financial partners, has selected 100 NGOs conducting vital and genuine social impact work across the country to receive grants in a first-of-its-kind opportunity. Every NGO selected to be a part of the initiative’s cohort of 100 will get INR 80 lakhs over the course of two years to invest in developing its capabilities, resilience, and future preparation. The NGOs will be aided with mentoring, networking, and leadership development thanks to over 2300 registrations. It will also help organizations recover from the immediate obstacles posed by COVID-19 while also allowing them to continue operating by covering crucial costs and supporting long-term institutional well-being and sustainability.
Advocacy, Governance and Research, Climate, Ecology and Animal Welfare, Community Development, Art and Culture, and Sports, Differently Abled, Education, Gender Rights, and Equality, Health and Sanitation, Livelihood and Poverty are among the 100 NGOs chosen from 20 Indian states.
Since the inception of COVID-19, grassroots organizations serving various communities in India have faced significant problems in their growth and sustainability, including depletion of money and the threat of forced closure, in a world first. The GROW Fund is a one-of-a-kind financial effort that attempts to reimagine philanthropy by committing to creating an environment that allows organizations to become more resilient and future-ready by addressing their organizational development needs.
In its objective to make philanthropy more inclusive and accessible to small and mid-sized NGOs, the GROW Fund has won accolades and resources from Indian and international funders, including philanthropic institutions and prominent philanthropists known for their individual giving. As core funders, the Bill and Melinda Gates Foundation, Manan Trust, Rohini Nilekani Philanthropies, MacArthur Foundation, A.T.E Chandra Foundation, Rainmatter Foundation, Dalyan Foundation, Oak Foundation, a private philanthropy partner, Indus Foundation of Utah, Omidyar Network India, Ashish Kacholia, and Edelweiss Group are involved.
EdelGive Foundation GROW Fund
GROW Fund has also received assistance from notable businesspeople and changemakers such as Sanjay Purohit, Rati Forbes, the Bikhchandani Family, Helenka & Sunil Anand, Onward Foundation, and Govind Iyer.
“The cohort for GROW Fund grantees covers grassroots organizations working tirelessly with the underserved communities in diverse areas like poverty, health and sanitation, gender rights, education, climate, animal welfare, and governance across 20 different states of the country,” said Vidya Shah, Executive Chairperson, EdelGive Foundation. Aside from financial assistance, the selected NGOs would greatly benefit from training and seminars on topics such as technology, finance, human resources, fundraising, and communications. This will be combined with a method for assessing organizational development, a specific 12- to 14-month curriculum, and the GROW hub knowledge distribution platform. We remain steadfast in our commitment to helping these changemakers overcome the obstacles posed by COVID-19 and exponentially improve their on-the-ground impact.”
“We feel that grassroots organizations working for the upliftment of neglected communities are most effective in creating sustainable solutions to diverse difficulties on-ground,” Naghma Mulla, CEO, EdelGive Foundation, said of the GROW Fund’s goal. We hope to bring in collaborative philanthropy through GROW Fund to strengthen and support NGOs across India. The present funding will undoubtedly prove to be a wonderful enabler for the selected 100 NGOs and will pave the path for future partnerships thanks to the kind assistance of our funder institutions and philanthropists.”
The 100 NGOs that were shortlisted were chosen after an open and transparent online application procedure. Each proposal was assessed based on qualitative and quantitative data linked to financial strength, fundraising capabilities, reach, effect, and major funding gaps. The cohort includes NGOs from Jammu and Kashmir, Uttar Pradesh, Haryana, Punjab, Uttarakhand, Delhi, Nagaland, Assam, West Bengal, Madhya Pradesh, Bihar, Jharkhand, Odisha, Rajasthan, Gujarat, Maharashtra, Andhra Pradesh, Karnataka, Tamil Nadu, and Telangana, ensuring that all parts of India are represented.
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