History
Devex’s president and founder, Raj Kumar, began the organization in 2000 as a student project at Harvard’s Kennedy School of Government. Kumar’s goal was to lower the administrative costs of donor agencies so they could devote a greater share of resources to foreign-assistance projects themselves. “With $200 billion in foreign aid each year,” Kumar said in 2008, “a few percentage points of efficiency gains is like adding another Gates Foundation to the world.”
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Famous quotes containing the word history:
“If you look at history you’ll find that no state has been so plagued by its rulers as when power has fallen into the hands of some dabbler in philosophy or literary addict.”
—Desiderius Erasmus (c. 1466–1536)
“Tell me of the height of the mountains of the moon, or of the diameter of space, and I may believe you, but of the secret history of the Almighty, and I shall pronounce thee mad.”
—Henry David Thoreau (1817–1862)
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (1818–1883)