About Mulago foundation
Mulago Foundation: Fighting Poverty One Organization at a Time
Mulago Foundation is a non-profit organization that is dedicated to fighting poverty by finding and funding high-performance organizations that tackle the basic needs of the very poor. The foundation was established in 2003 by Rainer Arnhold, who had a vision of creating an organization that would help to alleviate poverty in developing countries.
The foundation's mission is simple: to find the organizations best able to create change and give them what they need to do it. Mulago Foundation believes that by supporting these organizations, they can make a significant impact on reducing poverty around the world.
One of the key ways in which Mulago Foundation achieves its mission is through its "patient capital" approach. This approach involves providing long-term funding and support for organizations that are working towards sustainable solutions for poverty reduction. By providing patient capital, Mulago Foundation enables these organizations to focus on their work without worrying about short-term funding constraints.
Mulago Foundation also places great emphasis on measuring impact. The foundation believes that it is essential to measure the effectiveness of its investments so that it can continually improve its approach and ensure maximum impact. To this end, Mulago has developed an Impact Toolkit which helps grantees measure their progress towards achieving their goals.
Over the years, Mulago Foundation has supported numerous high-performance organizations across various sectors including health, education, agriculture, energy access and financial inclusion. Some examples include:
1) Living Goods - A social enterprise focused on improving access to healthcare products and services for low-income communities in Africa.
2) One Acre Fund - An organization focused on helping smallholder farmers increase their productivity through training, financing and market access.
3) Educate! - An organization focused on transforming education systems in Africa by training teachers and empowering students with skills needed for success beyond school.
Mulago's work has not gone unnoticed; it has received recognition from various quarters including being named one of the top 50 impact investors in the world by ImpactAssets. The foundation's approach has also been praised for its focus on long-term solutions and measurable impact.
In conclusion, Mulago Foundation is a non-profit organization that is making a significant impact in the fight against poverty. Its patient capital approach and emphasis on measuring impact have enabled it to support high-performance organizations that are working towards sustainable solutions for poverty reduction. By continuing to find and fund these organizations, Mulago Foundation is helping to create a better future for millions of people around the world.