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Mirae Asset Foundation
Mirae Asset Foundation is an Indian charitable foundation registered as a Section 8 company in 2018, that primarily works across several areas of educational development in India.
In line with our parent, Mirae Asset Park Hyeon Joo Foundation in Korea, our charitable work in India ranges from providing scholarships for students at all levels of education to working on educational initiatives with institutional partnerships including schools, colleges, government agencies, civil society organizations and other entities.
CSR Covid Protection Project - CSR Health Impact Awards 2022
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Mirae Asset Foundation was presented with the prestigious ‘Gold Award’ under the category CSR COVID Protection Project by IHW Council in its 6th CSR Health Impact Award 2022, that identify the best CSR projects & practices targeted to health, hygiene & environment through a validated process and recognise & reward new approaches, innovation, methods, techniques with the potential for scaling up with larger impact benefiting living being and shaping the health of the planet.
The recognition was given in presence of Shri Ramdas Athawale, Minister of Social Justice & Empowerment, and Shri Ashwini Kumar Choubey, Minister of State for Consumer Affairs, Food & Public Distribution and Environment, Forest and Climate Change, Government of India, in an award ceremony held in New Delhi on 19th May, 2022.
The award recognizes MAF’s efforts and key strategic engagements to fight against COVID – 19 through MAF key projects of Free COVID – 19 Vaccination Drive and the Hi – tech COVID testing Equipment’s donation to the Hospitals.
Vision
Mirae Asset Foundation provides access to better education and improved quality of learning so that students from diverse backgrounds across India can reach their highest potential.
Mission
Mirae Asset Foundation believes that education can be an empowering force that can transform society for the better. We are building on our time-tested core values to improve education systems, processes, and technologies in India that have the potential to foster critical thinking, develop problem solving capabilities, and create opportunities of learning for students from different backgrounds pursuing diverse disciplines of study at all levels.
Strategy
To achieve Mirae Asset Foundation’s vision of strengthening education systems in India and create social value, a 4-pillared strategy would be followed through sustainable, intelligent ‘Human Centered Investment’.
Human Centered Investment
- Rewarding high achievers and promoting excellence in education in India.
- Providing opportunities to disadvantaged students to pursue their dreams.
- Recognizing student achievements and leadership.
- Fostering discovery and building of knowledge.
- Finding solutions to problems in educational development.
- Rendering cost effective and scalable educational solutions.
- Improving conditions which affect student’s learning and skill development.
- Developing critical thinking and problem-solving capabilities of young learners.
- Establishing systems which cater and to nurture students with different levels of aptitude.
- Creating a conducive ecosystem for learning.
- Integrating cutting edge technology and classroom learning.
- Improving access to education for all.
Scholarship Programs
IIM Ahmedabad
- Recognized as a premier global management school operating at the frontiers of management education.
- Consistently rated as the No. 1 B-School in India by reputed national agencies and IIMA programmes are ranked highly in several international rankings.
- Target :
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Educational Leadership
Educational Leadership
IIM Bangalore
- Top Ranked Business School in Central Asia region in 2018 by the Eduniversal Masters Ranking, Paris
- Fostering next generation business and world leaders
- Target :
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Educational Leadership
School of Business Management, NMIMS University, Mumbai
- Ranked among top 10 B-Schools in India.
- AACSB Accredited Business School.
- Nurturing the social entrepreneurs of tomorrow and strengthen the social entrepreneurs of today.
- Target:
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Social Entrepreneurship
Social Entrepreneurship
Save the Children India
- Empowering differently abled children from marginalized communities through education.
- Providing daily care and support with early intervention
- Target :
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Differently abled
Differently abled
MARWARI VIDYALAYA
- Marwari Vidyalaya High School was founded in 1912 educating children belonging to under privileged communities in Mumbai.
- Target :
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Low income family
Low income family
The Life Centre, NLMET, Lonavala
- Hostel for children in need of care and protection established with the mission of providing holistic care and support.
- Target:
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Institutionalised Children
Institutionalised Children
Mirae Asset Foundation’s COVID-19 Response
- Mirae Asset Foundation (MAF) has increased the Covid-19 testing capabilities of 2 premier institutions by 50%, by donating Covid 19 testing equipments
- MAF has contributed 2400 viral extraction test kits to ensure seamless processing of testing capabilities
Mirae Asset Foundation’s Vaccination Drive
- Mirae Asset Foundation (MAF) is committed to increased protection against COVID-19 in Mumbai.
- The aim is to rapidly increase herd immunity through immunisation.
- MAF has thus arranged Free Vaccination Drive from 24th June, 2021 to 5th July, 2021 onwards in Mumbai in association with Nanavati Max Super Speciality Hospital at Jamnabai Narsee School, Vile Parle West and Holy Family Hospital, Bandra West.
MAF Educational Infrastructure Support Program (MAF – EISP)
- Providing opportunity to NGOs leading to development of educational infrastructure and enabling these institutions to strengthen their impact in the society.
- For this purpose, MAF organised Shark Tank competition on 19th & 20th March 2020 despite lockdown situation attracting 20 + applications of which 6 organisations were shortlisted
MAF Educational Infrastructure Support Program (MAF – EISP)- Aseema Charitable Trust
Facility / Infrastructure Upgrade:
127 Chairs and 24 stools for school students
Students to Benefit:
Approx. 149 every year
MAF Educational Infrastructure Support Program (MAF – EISP)- Bombay Teen Challenge
Facility / Infrastructure Upgrade:
Sports Arena artificial grass turf - football, hockey, basketball, volleyball, sporting events
Students to Benefit:
150 directly and 200+ indirectly
MAF Educational Infrastructure Support Program (MAF – EISP)- Door Step School
Facility / Infrastructure Upgrade:
Learning Centers repair work
Students to Benefit:
Directly 1000 & indirectly 5000 in a year
MAF Educational Infrastructure Support Program (MAF – EISP)- Jeevan Asha Charitable Society
Facility / Infrastructure Upgrade:
Study desks, fire extinguishers, laptops, ladder for fire escape, artistic & normal paint for the centre
Students to Benefit:
210 directly + 420 indirectly
MAF Educational Infrastructure Support Program (MAF – EISP)- Marwari Vidyalaya High School
Facility / Infrastructure Upgrade:
School building repair work
Students to Benefit:
>1200+ every year
MAF Educational Infrastructure Support Program (MAF – EISP)- Save The Children India
Facility / Infrastructure Upgrade:
Children playground equipment
Students to Benefit:
directly 250 + indirectly 100
Jeevan Asha Charitable Society
- Supported artistic & normal paint at Jeevan Asha Charitable Society centre in Thane
- MAF supported ladder for fire escape and fire extinguisher for creating secure environment for children to study
MAF Scholarship Program – CFX Graduates Training Program
- Provided livelihood training for the youths who are first generation learners and belongs to economically weaker section of the society
- ID FinXpert Skilling Foundation provided livelihood training to 291 youths in Chartered Financial Expert
Save the Children India - For Children with Special Needs
- MAF organised an event for its employees to get involved for greater sense of company’s commitment towards society & fulfilling it’s vision
- Employees interacted with children with special needs, played games, engaged in group activities and presented gifts to all the children at Save the Children India Mumbaili>
MAF Educational Infrastructure Support Program (MAF EISP)
Application for MAF EISP grant is now closed. Shortlisted applicants will be contacted regarding their move in dates shortly.