Corporates Launch Fund for Queer-Led Not-for-Profits

Three home-grown philanthropists on Tuesday announced the launch of a corporate philanthropic fund aimed to support queer-led not-for-profit organisations working with Lesbian, Gay, Bisexual, Transgender, Queer, and Intersex (LGBTQIA+) communities across the country.

- Dhamini Ratnam

MUMBAI:

Delhi-based Keshav Suri Foundation (KSF), Mumbai-based Godrej Industries Group (GIG) and—in her personal capacity—Radhika Piramal, executive director of VIP Industries Ltd, have pledged monies for the Pride Fund, which will create a corpus of ₹2 crore annually for the next three years. The corpus is expected to grow as other funders join the effort.

Eight queer-led organisations—Basera Social Institute, Deepshikha Committee, Vikalp (Women's Group), Sappho for Equality, Karna Subarna Welfare Society, Ya_All: The Youth Network, Chhattisgarh Mitwa Sankalp Samiti, and Payana—were selected among 29 applicants to receive the multi-year funding.