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ING Vysya bank has always been committed to making a positive contribution to Society. Promoting education for under-served children is one such cause which has been very close to our hearts. Through the ING Vysya Foundation, we seek to provide less advantaged children an opportunity to secure a better future by providing them with education

Born out of three business entities of ING in India, ING Life Insurance, ING Vysya Bank and ING Investment Management, the Foundation has been able to strike the right balance between supporting organizations financially and contributing time and effort of the employees to nurture and mentor these children for a better future.

ING Vysya Foundation its activities in December 2004 with a water-harvesting project in the Udaipur and Rajasmand districts of Rajasthan, North India. The initiative provided villagers with access to clean water and recharged ground-water wells which in turn support the local agricultural industry.

The Foundation has also been actively involved in relief efforts following the Tsunami that hit the South Indian coast on 26 December 2004. In cooperation with the regional headquarters, ING Vysya Foundation supported a number of projects, including the rebuilding of homes and schools, and other facilities for a number of villages. Another project included the micro-financing for 40 fishing boats and the attendant equipment for the villages of Mudaliyarkuppam and Arcotuthurai, Tamilnadu.

As part of the ING Chances for Children programme, the Foundation signed a five-year agreement to support 100 orphans’ living and schooling expenses. Additional funds, set up enabled of a day-care centre with training facilities which is used by the community at large.

Other initiatives include ING Investment Management’s auctions of paintings drawn by street children for the NGO Pratham and ING Vysya Bank’s ‘Run Ricky Run’ in which the bank sent a child back to school for each run the Australian cricket captain Ricky Ponting scored in international one-day matches during a one-year period ending September 2008.

Today, Foundation partners with eight local charity organizations in India. It contributes hugely to the Global initiative - ING Chances for Children in partnership with UNICEF. Today, the foundation supports around a lakh of children in India to be in the primary schools to realize their right to education as the first step towards breaking the cycle of poverty.

The Foundation depends on voluntary contributions for all its activities. ‘I believe I can Fly - 2009’ is the Foundation’s campaign to help garner support for this cause. To make a contribution, please contact Joyatri.r@ingvysyabank.com or visit www.ingvysyafoundation.com

Board of Trustee

Mr. Kshitij Jain, MD & CEO, ING Life Insurance
Mr. Jayant Mehrotra, Chief Financial Officer, ING Vysya Bank
Mr. J M Prasad, Chief Human Resource, ING Vysya Bank
Mr. Appa Rao, Company Secretary, ING Vysya Bank

Foundation Functionaries:

Joyatri Ray, Director- Projects

 
http://www.ingvysyafoundation.com/
 
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