The donations received each year will be divided into two parts. One part will be invested in order to generate charity in perpetuity. The other part will be disbursed to benefit society. One of the ways that this will be done is as Grants to Non-Governmental Organisations (NGOs). Funding opportunities will be advertised and NGOs would submit proposals for programmes that they would like MCF to fund. MCF is adopting this strategy because it ensures that the programmes are implemented by organisations that have expertise in their respective focus areas. The NGOs will need to meet our minimum criteria to qualify for grants and have to meet our reporting guidelines throughout project implementation.
“Goodness does not consist in turning your face towards East or West. The truly good are those who believe in God and the Last Day, in the angels, the Scripture, and the prophets; who give away some of their wealth, however much they cherish it, to their relatives, to orphans, the needy, travellers and beggars, and to liberate those in bondage; those who keep up the prayer and pay the prescribed alms; who keep pledges whenever they make them; who are steadfast in misfortune, adversity, and times of danger. These are the ones who are true, and it is they who are aware of God.”
MCF grants will be directed towards programmes that contribute to the holistic social development of the Maldivian communities. Our aim is to contribute to develop a society that is empowered, educated, resilient and just.