indus earth trust

takhleeq business incubator

1% for Development Fund

The 1% for Development Fund encourages personal involvement in fostering the improvement of living conditions, the well-being and the dignity of communities in developing countries. It seeks to build partnerships with associations that plan and implement projects in a perspective of sustainable development and self-empowerment. It offers an opportunity for its members to become involved in this effort through the contribution of 1% of their income for the funding of projects and through other activities in support of the Fund’s goals. The 1% for Development Fund was created in 1976 by a small group of United Nations staff members in Geneva, who decided to contribute 1% of their salaries to finance small-scale development projects. The movement was inspired by the 1970 UN Resolution 2626 (XXV) calling on developed countries to allocate 0.7% of their GNP for official development assistance. Seeing that this target was not being achieved by most countries, the founders of the 1% Fund decided to make a personal commitment to development. Today, membership in the Fund is open to anyone who adheres to the Fund’s aims, beyond UN staff members.

xscale alliance

izi finance