Non-profits mostly have to strive hard to raise funds for their causes. It distracts them from the good work they are doing. But what if those with a proven track record could be assured of funds from individuals investing in mutual funds and, at the same time, eager to do their bit by society? Given the sums that mutual funds attract, the potential is huge for putting money into non-profits and through them promoting better development and inclusion.
The Quantum Mutual Fund has started what it calls a Systematic Giving Plan (SGP) for its investors. It collaborates with. . .