EdelGive announces launch of ‘Grow Philanthropic Fund’

New Delhi, Jun 15: EdelGive launches Grow, (The Grassroots Resilience Ownership and Wellness Fund), a one-of-a-kind collective of philanthropists, to support and sustain over 100 NGOs post the distress caused by Covid-19.
As the world is currently reeling under the impact of the Covid-19 pandemic, it has been the grassroots networks on the ground that have been the first to the rescue, quickly adapting their programmes to meet the needs of the communities they serve. However, these organisations have faced challenges in their growth and sustenance through the course of the pandemic. The Grow fund has been institutionalised with the vision to support 100 grassroot organisations by addressing their needs and by creating future readiness.
Bill and Melinda Gates Foundation, Manan Trust, Rohini Nilekani Philanthropies, A.T.E Chandra Foundation, Ashish Kacholiaand a few more partners along with Edelweiss Group have lent their support towards this initiative.
“The global pandemic has brought heightened attention on the importance of funding for capability building and future readiness. For NGOs to be sustainable and resilient, funders must focus beyond programme costs and enable NGOs to continue their work with communities across India. Through the Grow fund, I am certain that we will be able to create scale and resilience for organisations, increasing their impact exponentially, and further creating a more robust social sector.”- Vidya Shah, Executive Chairperson, EdelGive Foundation. “Grow is an audacious and innovative attempt to bring collaborative philanthropy to support and strengthen apex structures for NGOs from all parts of India. We will be looking to find and assist 100 organisations with the help of our partner institutions and philanthropists.” – Naghma Mulla, CEO, EdelGive Foundation
“The past year has been a difficult time for organizations we all support and the communities we care about. If anything, the continuing pandemic re-emphasises the importance of a resilient and diverse samaaj which has been the bedrock of the early response. I am happy to participate in the GROW Fund as a philanthropy collaborative to strengthen civil society institutions to respond even more effectively to future challenges.” – Rohini Nilekani, Founder and Chairperson,Rohini Nilekani Philanthropies