In the financial sector, a mutual fund is a type of financial vehicle that is comprised of a pool of money collected from a variety of investors. This money is then invested in a variety of securities. In the non-profit sector, a “mutual fund model” pools money intended for charitable giving. By pooling their money, they are able to maximize their impact.
Growing Hope Foundation’s “Mutual Fund” focuses on four specific areas that we feel are important to alleviating suffering in the world. These four areas are: Economic Development, Education, Clean Water and Sanitation, and Health and Nutrition. We also use a very precise way of determining risk-reward trade-offs so that we increase the possibility of achieving our philanthropic goals.
The charitable work we support tends to be more along the line of medium to high risk and medium to high return.
Every year we reevaluate the organizations included in our “Mutual Fund”. This is because needs are ever-changing. Therefore who we support from year to year will change accordingly.
Click here to view the organizations we are currently supporting.