George Foundation

-Project status: Active
-Sectors: For-profit Activity
-Funding source: Private Investment Funded | Philanthropy Funded
-Location of project: India | South Asia
-Project type: Miscellaneous Activity | Health Activity | Agriculture Activity

Managing Organization: George Foundation

Managing Organization URL:
http://www.tgfworld.org/home.html


Contact Email: tgf-admin@tgfworld.org

Contact Phone: 080-25444170/25440164

Contact Address:
The George Foundation
# 316, 5 th A Cross, 3rd Block, HRBR Layout
Kalyananagar, Bangalore 560043, India
George Foundation Inc.
121 Hawkins Place, PMB 192
Boonton, NJ 07005, USA.




Activity Description:
The George Foundation was established in January 1995 in Bangalore, India, as a not-for-profit organization under the Indian Trust Act. Its mission is to work towards poverty eradication in India, promote environmental health, and strengthen democratic institutions and values in developing countries.
The New York Times writes this about the George Foundation: "Among the foundation’s projects is a commercial banana farm, which employs largely unskilled women from untouchable castes in the rural area near Bangalore, one of India’s showpiece technology centers."

"Mr. George set wages on the farm at about $40 a month, about what the Indian government says is the minimum needed to support a family of four. But he also provides free medical care and sets aside a portion of the farm’s profits to allow the women to acquire their own plots of land. “The total of these benefits is probably three or four times the going wage income they would receive elsewhere.” Mr. George said." At its website, the George Foundation says that all revenue produced from the banana farm will be given back to the foundatoin.
To read the complete article, click here.


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