Mona Foundation exists because we want to build a better world for our children. We believe that the most leveraged way to alleviate global poverty is through universal education and gender equality.
Based on the United Nations 2008 Development Report, “investment in girls’ education may well be the highest return investment in the developing world.” We also have learned that development and the betterment of society is sustainable only when local communities build capacity to create their own solutions.
So our mission as a 501 (c) (3) organization is to support grassroots educational initiatives that educate everyone including girls so that each individual can become an agent of change in the social and economic development of their own communities. Today Mona Foundation supports 17 educational initiatives in 8 countries, touching the lives of tens of thousands of children, women and their families.
Mona Foundation sends 100% of all Designated Funds, and 97% of contributions given to the General Fund, to the projects it supports after a 3% bank processing fee for online contributions. We are able to do this because most of our administrative costs are covered by a Private Operations Fund set up by our "Patron" sponsors outside the donations the Foundation receives.