A roundtable conversation on The Grow Fund, anchored by EdelGive was organised on July 6 2021 virtually.
Pritha Venkatachalam, Bridgespan, India; Vidya Shah, the Executive Chairperson, EdelGive Foundation’; Amit Chandra, Founder, A.T.E. Chandra Foundation; Rohini Nilekani, Founder, Rohini Nilekani Philanthropies and Ashish Kacholia, Founder, Lucky Investment Managers Pvt. Ltd participated in this exclusive forum.
The Grassroots Resilience Ownership and Wellness Fund (the GROW Fund), is an attempt to address the wide gap between funds and required resources, for the many small and mid-sized grassroot organisations, spread across the country.
The first wave of COVID-19 pandemic saw the development sector – and the organisations that operate within it – turn their structures, frameworks, resources and systems inside out, to serve the needs of the marginalised over the first few days of the mandatory lockdowns.
“As we are now aware, weeks turned into months, and the months are now turning into years. We must enable these organisations to GROW beyond functioning to bring immediate relief to the last line of society; and build a resilient grassroots network that has the ability to serve the needs of underserved communities/sections of society in the long run.”, EdilGive said.
Rs. 100 Cr for 100 Grassroot NGOs
The GROW fund is an initiative developed and promoted by EdelGive Foundation, with the aim to raise INR 100 Crores towards building, supporting, and sustaining 100 grassroots organisations across India, over a period of 24 months. Through the collective participation of eminent philanthropists, the Fund aims to support these organisations’ capacity building needs, core organisational costs and other important functions.
