Grants from Wavestone Foundation

Description

1) Objective

The Wavestone Foundation, formerly the Solucom Foundation, was founded in 2009 by Michel Dancoisne and Pascal Imbert with a view to harnessing the success of the consultancy firm they founded in 1990 for the benefit of a humanitarian cause. They decided to focus the Foundation’s work on disadvantaged children, a cause they feel strongly about despite being far removed from their business field. The mission of the Foundation is to work in France and internationally on supporting and developing initiatives to help disadvantaged children, particularly those in situations of poverty or extreme deprivation.

Past projects that they have supported include: (1) a goat breeding program for vulnerable families in Rwanda; (2) support of a boarding school in Mozambique; (3) construction of a shelter for homeless children in Africa; (4) renovation of a library in Peru; (5) construction of a primary school in Laos; (6) sanitary facilities and a kitchen for children in Thailand; (7) providing access to drinking water and sanitation in Madagascar; (8) construction of a new hospital for street children in Senegal; (9) a poultry farming project in Togo.

2) Eligibility

Applicants must be based in France or in a country where Wavestone has an office: Belgium, the United States, Hong Kong, Singapore, Luxembourg, Morocco, the United Kingdom and Switzerland.

3) Location

Actions must take place where Wavestone operates (i.e. Benin, Senegal, Madagascar, Peru, Philippines, Laos, Senegal, Mongolia, Peru, Cameroon, Burkina Faso, Mozambique, Thailand, Burma, Rwanda, Sri Lanka, Bangladesh, Haiti, India).

4) Budget

The Foundation subsidizes no more than 50% of the total cost of a project and a maximum of €10,000 per project. Every year the Wavestone Foundation accepts and finances around 10-15 projects.

5) Application

The Wavestone Foundation’s call for projects will be open from 16/06/2023 to 15/09/2023 midnight. Applications must be submitted online. The outcome of the application will be communicated from the end of March onwards. The projects submitted to the Foundation are thoroughly reviewed. They are submitted to the assessment of Wavestone employees who meet several times a year as part of pre-selection committees. These committees make recommendations that are presented to the Board of Directors, which meets especially to rule on the list of the projects supported each year.