Adani Foundation

Last updated

Adani Foundation
FoundedJanuary 15, 1996;25 years ago (1996-01-15)
Founder
Type Non-profit Organization
Focus
Location
Area served
India
Method
Owner Adani Group (100%)
Chairperson
 Priti Adani
Key people
 Gautam Adani
(President)
Website adanifoundation.org

Adani Foundation is an Indian non-profit organization which was founded in 1996 by Gautam Adani. It is wholly owned by Adani Group. It is considered one of the major corporate-funded foundations operating in India. [1]

Contents

History

The foundation was established in 1996 by Adani Group to bring sustainable development and inclusive growth via developmental projects in post-liberalized India. [2] Currently, Gautam Adani serves as the President of the Foundation, while his wife, Priti Adani, serves as the Chairperson. [3] [4] It began its operations around Mundra in Kutch, and now works in over 18 states that include 2250 villages. [5]

Initiatives

The foundation focuses on four key areas including education, community health, sustainable livelihood development, and community infrastructure development. [3]

Education

The foundation works towards making basic education accessible and affordable. Also, it runs a parallel program to adopt government schools in rural and remote areas. [6]

Healthcare

Under healthcare initiatives, the foundation works towards delivering healthcare services in rural parts of India. It runs Mobile Health Care Units (MHCUs), hospitals, and clinics, and organises general as well as specialised health check-up camps. [6]

Sustainable livelihood

Specific sustainable livelihood programs are run by the foundation for fishermen communities, farmers, and tribal population. [6]

Community infrastructure

Under community infrastructure initiatives, the foundation runs projects towards providing portable drinking water, village roads and solar-powered lightining in the rural parts of India. [7] [6]

Educational institutions

Schools

All foundation-owned schools provide cost-free education to meritorious students from economically weaker sections of society. [11] [13]

Higher educational institutes

Projects

Udaan

Project Udaan is a learning-based initiative by the foundation that organizes trips for young students to provide them exposure to mega industrial structures. [17]

SuPoshan

The foundation initiated Project SuPoshan in 2016. [18] The objective of Project Suposhan is to reduce malnutrition and anemia amongst adolescent girls and pregnant and lactating women, create awareness about the issue of malnutrition and anemia and related factors amongst all stakeholders and the role they may play in curbing the issue, create a pool of resources to be utilized for combating the issue of Malnutrition and Anaemia and to support efforts in reducing infant mortality rate and maternal mortality ratio. [19]

Swachhagraha

Swachhagraha is a joint initiative of the Adani Foundation and the Centre for Environment Education (CEE) in support of Swachh Bharat Mission. [20]

Saksham

Saksham is a project deployed via Adani Skill Development Centre (ASDC) by providing vocational training and skill development to the members of women-led cooperatives. [21] [22] [23]

Philanthropy

In 2020, during the coronavirus outbreak, Adani Foundation donated ₹1 billion to the PM CARES Fund. [24] [25] [26] [27] [28] In addition to this, it also contributed ₹50 million and ₹10 million to the Gujarat Chief Minister Relief Fund and Maharashtra Chief Minister Relief Fund respectively. [29] [21]

In April 2020, Foundation contributed ₹50 lakh to International Society for Krishna Consciousness, Dwarka, Delhi for the emergency food distribution purpose in National Capital Region (India). [30]

Awards

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References

  1. ↑ Mitra, Nayan; Schmidpeter, René (28 August 2019). Mandated Corporate Social Responsibility: Evidence from India. Springer Nature. ISBN   978-3-030-24444-6.
  2. ↑ Dhir, Sanjay; Sushil (16 April 2019). Cases in Strategic Management: A Flexibility Perspective. Springer. ISBN   978-981-13-7064-9.
  3. 1 2 "Gautam Adani ushers in Gujarati New Year at Adani Foundation volunteer's Mundra home". in.finance.yahoo.com. Retrieved 18 January 2021.
  4. ↑ "Gautam Adani ushers in Gujarati New Year at Adani Foundation volunteer's Mundra home". ANI News. Retrieved 18 January 2021.
  5. ↑ "Adani Enterprises Chairman's Speech > Engineering - Heavy > Chairman's Speech from Adani Enterprises - BSE: 512599, NSE: ADANIENT". www.moneycontrol.com. Retrieved 18 January 2021.
  6. 1 2 3 4 "Bombay Stock Exchange/BSE filing - Adani Group" (PDF). Bombay Stock Exchange . 3 June 2020. Retrieved 18 February 2021.
  7. ↑ bureau, Odisha Diary (8 June 2019). "Adani Foundation distributes household items to FANI affected people in Puri district". Odisha Breaking News | Odisha News | Latest Odisha News| Odisha Diary. Retrieved 18 February 2021.
  8. 1 2 3 4 5 iednewsdesk (22 November 2019). "Adani Foundation bringing quality education to rural Kutch". India Education,Education News India,Education News | India Education Diary. Retrieved 18 January 2021.
  9. ↑ National Conference on Corporate Social Responsibility Issues and Challenges. Dr Sunil Karve. p. 365. ISBN   978-81-8424-681-0.
  10. ↑ Desai, Manisha (16 September 2015). Subaltern Movements in India: Gendered Geographies of Struggle Against Neoliberal Development. Routledge. p. 124. ISBN   978-1-317-38279-9.
  11. 1 2 "Chhattisgarh: Private school employs mothers of students to prepare breakfast, mid-day meals using organic food". ANI News. Retrieved 18 January 2021.
  12. ↑ Bala, Madhu (30 June 2018). CSR Initiatives in Education in India: A Critical Review of Initiatives, Issues and Challenges. Rochester, NY. p. 94. ISBN   978-93-87756-32-8. SSRN   3555275 – via SSRN.
  13. ↑ "In this Chhattisgarh school, fathers supply farm produce, mothers cook children's mid-day meal". The New Indian Express. Retrieved 18 January 2021.
  14. ↑ Sabha, India Parliament Lok (20 November 2009). Lok Sabha Debates. Lok Sabha Secretariat.
  15. ↑ www.ETHealthworld.com. "PPP in healthcare can be successful with long-term commitment, patience, and sizeable investment : Vasant Gadhavi, Adani Foundation - ET HealthWorld". ETHealthworld.com. Retrieved 18 February 2021.
  16. ↑ "GAIMS commended as the second best civil hospital in Gujarat for its performance in Ayushman Bharat Yojana". Express Healthcare. 2 May 2019. Retrieved 18 January 2021.
  17. ↑ ANI (15 January 2018). "Adani Foundation's 'Udaan'project benefiting Indian students". Business Standard India. Retrieved 18 January 2021.
  18. ↑ "National Nutrition Month: How SuPoshan Sanginis Are Spreading The Idea Of Nutrition And Supporting POSHAN Abhiyaan | Nutrition". NDTV-Dettol Banega Swasth Swachh India. 25 September 2020. Retrieved 18 January 2021.
  19. ↑ Sardana, Kavita. "SUPOSHAN SANGINIS - When The Empowered Transforms Into An Empowerer | Outlook Poshan". Outlook India . Retrieved 18 January 2021.
  20. ↑ bureau, Odisha Diary (18 September 2018). "Adani Foundation Launches "Swachhagraha" to create a culture of cleanliness in Bhadrak". Odisha Breaking News | Odisha News | Latest Odisha News| Odisha Diary. Retrieved 18 January 2021.
  21. 1 2 "Billionaire Gautam Adani commits to support fight against coronavirus". The Economic Times. Retrieved 18 January 2021.
  22. ↑ "Badalta Bharat: Saksham promoting skill development and training for women". Republic World. Retrieved 18 January 2021.
  23. ↑ bureau, Odisha Diary (10 August 2017). "Adani Dhamra Port distributes sewing machines to rural girls under Adani Skill Development programme "Saksham"". Odisha Breaking News | Odisha News | Latest Odisha News| Odisha Diary. Retrieved 18 January 2021.
  24. ↑ "Gautam Adani Gives Rs 100cr To PM Fund To Fight Coronavirus". Moneycontrol. Retrieved 18 January 2021.
  25. ↑ "Gautam Adani gives Rs 100 cr to PM Fund to fight coronavirus". Deccan Herald. 29 March 2020. Retrieved 18 January 2021.
  26. ↑ "Gautam Adani gives Rs 100 crore to PM Fund to fight coronavirus". The Economic Times. Retrieved 18 January 2021.
  27. ↑ "COVID-19: Adani Foundation contributes Rs. 100 Cr to PM-CARES fund". India Gazette. Retrieved 18 January 2021.
  28. ↑ Joshi, Manas (29 March 2020). "Gautam Adani gives Rs 100 crore to PM Fund to fight coronavirus". www.indiatvnews.com. Retrieved 18 January 2021.
  29. ↑ Vethirajan, C.; Mahalingam, A.; Shunmugam, M.; Ariyadev, N.; Antony Nancy, J.; Jeyachitra, S. (May 2020). "Corporate Social Responsibility Practices by Indian Industries during COVID 19" (PDF). JAC:A Journal of Composition Theory. XIII (V): 72. ISSN   0731-6755.
  30. ↑ "Adani Foundation supports ISKCON with Rs 50 lakh to ensure daily meals for 1 lakh people". Deccan Herald. 1 April 2020. Retrieved 18 January 2021.
  31. ↑ "Adani Vidya Mandir, Ahmedabad & Surguja conferred with 'Samagra Shiksha - Empowering India Awards' - Times of India". The Times of India. Retrieved 18 January 2021.
  32. ↑ bureau, Odisha Diary (10 June 2019). "Adani Foundation bagged prestigious Kalinga CSR Award". Odisha Breaking News | Odisha News | Latest Odisha News| Odisha Diary. Retrieved 18 January 2021.
  33. ↑ OdAdmin (28 September 2019). "Adani Foundation receives Apex India CSR Innovation Award". Odisha Breaking News | Odisha News | Latest Odisha News| Odisha Diary. Retrieved 18 January 2021.
  34. ↑ Pioneer, The. "Adani Vidya Mandir gets edu excellence award". The Pioneer. Retrieved 18 January 2021.
  35. ↑ "Adani bags CSR Award in Healthcare category". The Fact. 2 March 2019. Retrieved 18 January 2021.
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