Building international support from the ground up
June 13, 2013
When individuals think of charitable efforts, many only concentrate on the nonprofits in their own communities, states or countries. However, a number of these organizations are dedicated to making living conditions better for people across the globe and are receiving funding from like-minded foundations.
This was the case recently when the Caterpillar Foundation will be giving $19.2 million in the form of two grants to Opportunity International through 2017. The money will go toward giving individuals access to financial goods and services in Africa, Asia and Latin America so they have the potential to pull themselves out of poverty.
The first grant is directed specifically toward efforts in Africa and will be used by Opportunity International to provide loans to startups on the continent, as well as create financial training programs. The second is focused on forming informational strategies in numerous nations like Brazil, Indonesia and the Philippines.
The Caterpillar Foundation, a subsidiary of the large construction equipment corporation, has given more than $550 million since its inception in 1952. It has specifically focused on making the globe more sustainable for future generations via environmental initiatives, expanding access to education and providing a number of necessities individuals need to survive.
Individuals, programs and organizations that rely on fundraising to fuel sustainable operations might find nonprofit fundraising software advantageous. The solutions can facilitate the process of identifying grant opportunities, generate reports that demonstrate current financial need and showcase previous achievements.