Funding and Grant Making
The Aga Khan Foundation is the principal grant-making agency for social development within the Aga Khan Development Network. The Foundation has a sharply defined funding strategy, and its standards are, of necessity, high. Grants are normally given to local organizations interested in testing new solutions, in learning from experience and in being agents of lasting change. These organizations must share the Foundation's and AKDN's goals in their specific areas of focus. If no established group exists, the Foundation occasionally creates new organizations to tackle particularly important problems.
The Aga Khan provides the Foundation with regular funding for administration and new programme initiatives as well as contributions to its endowment. The Ismaili community contributes volunteer time, professional services and substantial financial resources. Other funding sources include income from investments and grants from government, institutional and private sector partners - as well as donations from individuals around the world.
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