The U.S. Agency for International Development recently announced that it had formed a two year partnership with Geneva Global(www.genevaglobal.com) to aid vulnerable families, youth and children in Sri Lanka to improve their health and to combat human trafficking and domestic abuse. While a portion of the money will be earmarked for tsunami survivors, a significant other part will be earmarked for projects all over Sri Lanka, many of which have lost funding as a result of the tsunami.
Wayne, PA (PRWEB) July 5, 2005 -- The U.S. Agency for International
Development recently announced that it had formed a two year partnership with
Geneva Global Inc. to help vulnerable families, youth and children in Sri Lanka
improve their health and to combat human trafficking and domestic abuse.
Geneva Global, which conducts rigorous investigation of grassroots charitable projects in Sri Lanka and throughout the Third World, presents its findings about the most effective charities to high net worth American donors, who are interested in charitable giving based not only on "need" but on "proven results." Geneva has coined this idea "Performance Philanthropy" - giving with an "investment mindset."
While a portion of the money will be earmarked for tsunami survivors, a significant other part will be earmarked for projects all over Sri Lanka, many of which have lost funding as a result of the tsunami.
Geneva Global Inc. (www.genevaglobal.com) is a philanthropic research and international grantmaking firm providing independent research and insight to thoughtful donors. The firm was created by donors for donors and it is retained by purposeful, private wealthy donors and foundations who wish to directly and positively change the lives of less advantaged people around the world.
Geneva Global is differentiated by its investment approach to philanthropy, its independence, a global network of local implementers and a proven track record. Based in Wayne, Pennsylvania, a suburb of Philadelphia, the company is a USAID Registered Agency.
“Geneva Global received a $1.5 million cash grant from USAID, and has matched that amount on a dollar for dollar basis from its private donor clients, making contributions totaling $3 million for 65 social and development projects throughout Sri Lanka,” said Eric Thurman, Geneva's CEO.
The USAID-Geneva Global alliance covers a 24 month time span, from May 16, 2005 to May 17, 2007, that will benefit up to 216,000 individuals.
Geneva Global will network with humanitarian organizations that have at least two years of experience working with issues of human trafficking, trauma/rehabilitation, and community development.
Some 39-42 projects will address vulnerable youth and families through economic development, community care for highly vulnerable children, vocational opportunities for youth, reducing domestic and sexual violence, combating child sex tourism and preventing trafficking in persons.
Geneva will direct grants to another 23-26 projects designed to improve accessible health care, including programs aimed at public health initiatives, prevention of HIV/AIDS and providing psychological/social counseling to people in tsunami-affected districts.
Geneva Global has already held the Grant Bidders Conference in Colombo, Sri Lanka on June 7th, 2005. Over 200 participants representing over 100 potential implementing organizations attended the conference and were screened by Geneva researchers for compatibility with the developmental goals of USAID/Geneva Global. Starting in July, projects will be approved and published each month.
Geneva works throughout the developing world. It has recruited over 500 experts, stationed strategically in these countries, to rigorously investigate and perform due diligence on grassroots charitable projects, identifying those that have a successful and proven track record of performance.
After uncovering the unsung heroes and heroines who are changing lives for the better, Geneva Global documents and analyzes the research findings into an investment report (called a Delta Report TM) which is then presented to a donor for review.
Recent news reports have indicated that in spite of billions of dollars raised by outside agencies for tsunami relief, little money has yet to reach survivors. Geneva Global offers donors the assurance of facilitating the delivery of their contributions directly to local, grassroots projects that have undergone rigorous scrutiny and due diligence, and have proven themselves successful in providing immediate and effective relief to those in distress.
Geneva's philanthropic research spans the world, and the locally managed projects it has identified are situated in over 80 countries in the developing world.
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Source : http://www.prweb.com/releases/2005/7/prweb257361.htm