Overview
Donor: | Michael and Susan Dell Foundation |
Application procedure: | Online Application |
Donor base: | United States |
Reference number: | - |
Eligible applicants: | Non-Profit Organisation |
Deadline: | ongoing |
Financial details
Grant size: | Medium - up to $1,000,000 |
Minimum grant size: | 500$ |
Total available budget: | - |
Funding type: | Grants |
Maximum grant size: | 5.000.000$ |
Funding ratio: | - |
Sectors
- Agriculture & Rural Development
- Children & Youth
- Economic Development
- Education
- Health
- Social Inclusion
Project Locations
Africa
South Africa
Asia
India
Description
1) Objective
The Michael & Susan Dell Foundation was set up in 1999. Susan and Michael Dell have supported the foundation primarily through investing the proceeds of sales of shares of Dell Inc. They are helping children living in urban poverty. The international grant program aims to transform the lives of children living in urban poverty in India and South Africa.
The strategies supported are: (1) high quality education for children; (2) health: creating a system that promotes wellness and prevents illness; and (3) family economic stability: micro-financing for stable family incomes including financial inclusion, job creation and livelihoods.
2) Eligibility
They fund social enterprises that directly serve or impact children or youth from urban low-income communities in the areas of education, health, and family economic stability (including livelihoods and financial inclusion). These social enterprises may be structured as for-profit or nonprofit entities.
3) Location
Apart from the US, they are funding projects in India and South Africa.
4) Budget
Approved grants usually range from $500 to several million dollars. Average grant size is around $600,000. Annual total funding volume is around $70,000,000. They fund on average 6-10 programs per year in India and South Africa. Their main funding goes to education. As a guideline, the foundation generally does not fund more than 25% of a project’s budget or more than 10 percent of an organisation’s total annual operating expenses.
5) Application
All grant requests should be submitted via an online form on the foundation’s website. For the application the following information is needed: the amount requested, the project budget, the number of children the project will reach, a short problem statement, a project description, a brief description of how the requested funding will be used and a brief description of proposed success metrics. There are no deadlines.