Alquity’s business model donates 10% of fees revenues via the Alquity Transforming Lives Foundation to social support for the most disadvantaged people in the emerging markets in which it invests. The 40-40 campaign quadruples that commitment, with Alquity donating 40% of its net management fees derived from new investments into its funds for the remainder of 2020. Donations will go towards the creation of a Covid-19 response fund in order to support partner organisations navigate these difficult times and deliver much needed services to the communities they serve.
The Foundation has already committed an initial US$40,000 to kick start the campaign and is looking to partner with other like-minded organisations and individuals to leverage donations to support projects that will have a transformational impact on communities already suffering discrimination, hardship, and economic exclusion, only been made worse by the Covid-19 pandemic. The Foundation will be working with charity partners to identify specific initiatives delivering tangible social impact at this time of crisis and support an additional 40,000 people through this donation stream.
Social distancing, hand washing and staying at home are all privileges few in the developing world can afford. Covid-19 will have a disproportionate impact on those living in cramped conditions, with poor healthcare and no social safety net.
“Our 40-40 Campaign is our response to the severe economic and social hardship the Coronavirus pandemic will cause many people around the world. Alquity has always believed that wherever you are born, you should have an equal opportunity in life and this is even more relevant today. As some of the freedoms and comforts we are used to in developed countries are dramatically reduced, we are getting a glimpse of what daily life is like for a some of the poorest people on the planet. This is our chance to transform investment and create a fairer, more sustainable society” – Paul Robinson, Chairman, Alquity
To learn more about the Alquity Transforming Lives Foundation click here: www.alquityfoundation.org
If you’d like to become a campaign partner, please contact us here
If you’d like to donate directly to the 40-40 Campaign relief fund, click here :