The Ashmore Foundation was established in January 2008 and seeks to make a positive and sustainable difference in the Emerging Markets communities in which Ashmore* operates and invests. To achieve this goal, the Foundation aims to develop long-term relationships with high impact local non-government organisations (NGOs). Our financial support enables these organisations to directly enhance human welfare, opportunities and skills, particularly for the most vulnerable: children, young people and disadvantaged communities. As well as working directly with NGOs we work alongside other international funders to identify and support local solutions to social problems.
The Foundation is supported solely by Ashmore and its employees globally. Crucially, this support from employees extends beyond financial aid through to active engagement in fundraising and a network of support which includes mentoring and helping NGOs expand their network of contacts.
Through the Ashmore Foundation, close to £2.5 million has been committed to more than 50 charitable causes throughout the Emerging Markets since inception in 2008. In 2012 alone, grants from the Ashmore Foundation benefitted more than 40,000 underprivileged community members with a range of services and support.
The Ashmore Foundation does not accept unsolicited applications. We source new partners through recommendations from experts, existing partners, suggestions from Ashmore staff and detailed research by the Foundation team.
*Ashmore Group plc is a specialist Emerging Markets Investment Manager.