North South Foundation -- News & Events
 

About Us - Funding

How are projects funded at the Foundation?

Scholarships in India:
This was the first project initiated by the Foundation in 1989. Money is raised from major events such walk-a-thon and other means. Money designated for this purpose does not get used for any other purpose.

Spelling Bee / Vocabulary in US:
This program was begun in 1993. The expenses for conducting the contests are mostly covered by registration fees and local collections. The scholarships for the National Champions are covered by specific sponsorships from individuals and non-profit organizations.

Mentoring Program:
The Foundation began the mentoring program in 1998. The objective is to help those NSF graduates in India who excel in their studies and want to pursue higher studies abroad. The funding is met by a combination of
a) financial assistance from the admitting universities and
b) loan scholarships from the Foundation.
The loan scholarships are met by specific contributions from individuals. Once the loans are repaid, the money will be used to fund future students.