Important Funding Agencies of the World

World Bank

It is an international financial institution that provides loans to developing countries. Motto of this organization is “Working for a World Free of Poverty”. It was founded 71 years ago in 1944. Its main aim is to reduce poverty. The current president is Jim Yong Kim from South Korea. This funding agencies comes on list one.

Read More: The World Bank

United Nations Educational, Scientific and cultural Organization (UNESCO)

It was founded in November 16, 1945. It is a specialized agency of United Nations and its purpose is to contribute towards peace security. It has 195 members and 9 associate members. It focuses on education, natural sciences, social sciences, culture and communication. The projects which are sponsored by UNESCO include literacy, technical and teacher training programmes, international science programs. This funding agencies comes on list two.

Read More: United Nations Educational Scientific and Cultural Organisation (UNESCO)

World Health Organization (WHO)

It was founded in the year April 7, 1948 headquartered in Geneva, Switzerland. This organization deals with international public health. Its main objectives are: to act as directing and coordinating authority on international health work; to propose conventions, agreement and regulations and make recommendations with respect to international health matters; to maintain administrative and technical services including epidemiological and statistical services; and  to promote the improvement of nutrition, housing, sanitation and recreation. This funding agencies comes on list three.

Read More: World Health Organisation (WHO) – Specialized Agency

United Nations Children’s Fund (UNICEF)

It is a United Nations Programmme that provides long-term developmental aid to children and mothers in developing countries. It was founded in December 11, 1946. The founders are Herbert Hoover and Maurice Pate. This funding agencies comes on list four.

Read More: United Nations International Children’s Emergency Fund (UNICEF)

World Wild Life Fund (WWF)

It is an international non- governmental organization. It was founded on April 29, 1961 in Morges,  Switzerland. Its purpose is to protect endangered animals and their places. The founder members of this organization are Julian Huxley, Edward Max Nicholson, Peter Scott etc. This funding agencies comes on list five.

Read More: World Wildlife Fund (WWF)

Reliance Foundation

It was founded in 2010. The founders of this organization are Nita Ambani and Mukesh Ambani. It was formerly known as Dhirubhai Ambani Foundation. It is a charitable foundation of Reliance Industries limited. The main objectives of this foundation works in the area of Education( This funding agencies grants Scholarship Programmme under Dhirubhai Ambani Scholarship Programme.)and Health.

Aga Khan Development Network

It was founded in the year 2007.The founder and chairman of this agency is the 49th hereditary Imam (Spiritual leader) of the Shia Ismail Muslims. Aga Khan Development Network is a group of development Agencies which work in the areas of environment, health, education, architecture, culture, micro-finance, rural development, disaster reduction, the promotion of private sector enterprise and the rejuvenation of historic cities.  This funding agencies works in 30 countries around the world.

Indian Development and Relief Fund (IRDF)

It was founded in the year 1888 by Dr.Vinod Prakash, a former World Bank economist, and his wife Sarla Prakash. The purpose of Indian Development and Relief Fund is to bring sustainable socio-economic development to remote areas. This foundation works on education, health care, eco-friendly development, women’s empowerment, governance and disaster rehabilitation.

 

Narotam Sekhsaria Foundation (NSF) Mumbai

It was founded in the 2002 by Mr. Narotam Sekhsaria. It is a non-profit initiative to support enterprising individuals, and organizations in the areas of education, health and livelihood. Its main aim is to promote excellence among individuals and improve the quality of those people who are living on the edges of the society.

 

United Way Mumbai

It was founded in 2005. It is a non-profit organization that endeavours to engage the corporate sector into a meaningful Social Responsibility Structure. United Way Mumbai aims to bring  NGOs, Companies, Individuals, and Government agencies together to make them work for the improvement of the community.

Must Read: Special Economic Zone (SEZs)

 

 

 

 

 

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