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HCL Foundation Gives Rs 16.5 cr Grant to 9 NGOs

The three NGOs, one each in the development areas of environment, health, and education, will each receive a grant of Rs 5 crore ($685,000) for a three to five-year project.

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HCL Foundation Gives Rs 16.5 cr Grant to 9 NGOs

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  1. HCL Foundation gives Rs 16.5 cr grant to 9 NGOs A grant of Rs 5 crore each was awarded to three ​NGOs​ -- Under The Mango Tree Society, Bal Raksha Bharat and Operation Asha for a period of five years. Six NGOs were given grant of Rs 25 lakh each for a period of one year. HCL Grant​ is an institutionalised CSR grant that aims to recognise non-governmental organizations (NGOs) and support their breakthrough projects reaching out to the rural communities in the country. While three NGOs — Sahas (Environment), India Health Action Trust (Health) and Child Rights and You (Education) — would each receive a grant of ₹5 crore for a three to five-year project, two finalists NGOs in each category would receive a one-year grant of ₹25 lakh, it said in a statement. Under its HCL Grant programme, the Foundation has so far committed more than ₹60 crore, excluding this year’s grants. The NGOs were chosen after an eight-month review of thousands of applications by an eminent jury, monitored and audited by Grant Thornton. The projects of these NGOs will be monitored by HCL Foundation and funds will be released accordingly. Read Full Article -​​HCL Foundation Grants Rs 16.5 Cr to Change Makers in Rural India

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