To Channelize Donations from Charity to Empowerment
One of the main aims of 3rd Generation Philanthropy is to channelize Donations from Charity to Empowerment. This illustrious concept of COVA is already gaining much currency in the social development sector. With the slogan “To Make Poverty History”, 3rd Generation Philanthropy is going ahead with a rapid pace.
While 1st Generation Philanthropy involves direct donations to the needy in the form of cash/kind. This concept can make recipients dependent on the donors and doesn’t make people self-reliant or empowered.
2nd Generation Philanthropy involves indirect giving by donating to organizations providing Education, livelihood etc. This concept makes people self-reliant through capacity building. This concept has been followed by many donors and organizations alike.
3rd Generation philanthropy promotes and supports organizations to provide Awareness and Facilitation (A & F) to diverse marginalized sections of our society. COVA enables people –especially the poor, to successfully access all government schemes worth lakhs of crores each year.
The government of India is allocating large budgets for social development but many are not aware of the schemes and the funds are being underutilized drastically, organizations like COVA educates people about schemes, facilitates the applying process, advocates with the authorities, which ultimately enables people’s access to resources. This concept has a high probability to transform lives of the poor to make poverty history.