Bashundhara Foundation is a not-for-profit organization. It started operation in 2005 with an amount of Tk 2, 50,000 which in times increased up to tk 51, 25,000. It runs on the generous contributions of the Bashundhara Group, leading business and industrial conglomerate in Bangladesh.
Ultimate welfare of the humanity is the core objective of the foundation. Though it is committed to overall welfare of the people, letting helpless population find way-out from extreme poverty is always top on its agenda.
The foundation has, therefore, started marching ahead with a unique approach of micro-lending where borrowers feel comfort of repaying the principal amount in suitably segregated installments within mutually agreed tenure and obviously without interest and service charge of any form.
Nearly 3158 families at 48 villages with in 9 unions of Bancharampur Upazila in Brahmanbaria have so far become the beneficiaries of the scheme making it a means of socio-economic empowerment. The program is currently under active consideration of expansion following strong cliental demands.
Apart from this, the foundation has so far implemented many programs like distribution of blankets and warm clothes among the winter-stricken people in Manikganj, food, drinking water and relief materials among the hurricane SIDR affected people in southwestern region.
The foundation distributed clinical grants for dozen of critically ailing people. Sight of a five-year-old girl was saved, heart valve of a car driver was transplanted, bone-marrow of a college girl was transplanted, neurosurgery on an adolescent boy was done and 20 cleft lip children were given remedial cosmetic surgery under humanitarian grants from the foundation. Financial supports were also made to noted artiste, player, executive and employee of the BG.
In addition to clinical grants to individuals, the foundation operates Afroza Begum Hospital, Free-Friday-Clinic in Manikganj, occasional health camps at places, donates cash to different educational and religious institutions like madrasa, mosque and orphanage, Tk 10,000 per month to Manikgonj Diabetic Someti.
Bashundhara foundation donates Tk 31,000 per month to a Madrasa at Bancharampur and Tk 10,000 for the development of orphan children. It also spent Tk 5, 95,000 for making an accommodation for the orphans. Recently it joined hands with another business giant (Akiz Group) in running a modern 200-bed hospital to be governed by the Ad-Din Foundation.
An exceptionally brilliant girl and a leader of an organization working for popularizing science among common people – Jonobiggan Foundation – received two laptop computers from the Bashundhara Foundation under its scheme to recognize meritorious students and outstanding contributions of the individuals to the society. Feeding to the orphans and destitute is one of the foundation’s frequently carried out programs. Hundreds of orphans staying at different orphanages in and around the city were supplied with iftar and meals during the month of Ramzan. Similar programs are also taken up occasionally.
Distribution of cash in the form of Zakaat and clothing is also taken up once a year as a routine program. Hundreds of poor people get benefit of it. More than a hundred people perform hajj each year under the auspices of the foundation.
The foundation has significant contributions for the welfare of the sports and cultural activities. The foundation hosted Port City Cricket League - 2010 in Sarjah, UAE, armed forces golf tournament, nationwide football league and a weeklong music festival “bishaw gaibe banglay”.
With the view to produce trained human resource for the domestic and foreign job market, the foundation is running a technical institute called Bashundhara Technical Institute where hundreds of students are now pursuing diplomas at a token fee.
As part of routine nursing of friendly relations between the significant stakeholders of the society and the company management, the foundation hosts occasional get together, discussions and dinner apart from distributing gifts and pleasantries.