Deadline: 12-Sep-21
Applications are now open for the Edelgive Grassroots, Resilience, Ownership and Wellness (GROW) Fund, it is a first-of-its-kind initiative aimed at building the capabilities, resilience and future readiness of grassroots organisations, in turn facilitating their efforts to effect change at the grassroots.
Anchored by EdelGive Foundation along with a collection of reputed funders, the GROW Fund aims to strengthen 100 high impact grassroots organisations over 24 months, through capacity building, and support of key organisational functions.
In the context of COVID-related distress, the fund will be used to give grant to support Organisation Building Needs, Important Functions and Future Readiness.
Objectives
- Sustaining operations through support that covers critical costs.
- Capacity Building to recover from the immediate challenges faced due to COVID-19.
- Future Readiness for long-term institutional sustainability.
Eligibility Criteria
- The organisation should not have any religious and / or political affiliation.
- The organisation should not have been blacklisted by any Government ministries / departments / agencies or any donor / funding / grant making organisation.
- The organisation or functionaries / governing body members should not have been involved in any fraud or other non-conforming behaviour with the law.
- The organisation should be registered as either a Society or Public trust or Section 8 (previously Section 25) company and should have a valid registration certificate or equivalent document.
- The organisation should have a valid PAN, 12A and 80G registration.
- The organisation should be able to provide audited financial statements for financial years – FY18, FY19, FY20.
- The organisation’s receipts from donations should be at least INR 1.5 Crores in any one of the financial years – FY18, FY19, FY20.
- The organisation’s average receipts from donations for financial years – FY18, FY19, FY20 should be less than INR 10 Crores.
- The organisation’s available corpus should be less than 25% of the average annual expenditure for financial years – FY18, FY19, FY20.
For more information, visit https://edelgive-growfund.org/