Kaumara Foundation: Aims and Objectives
- The Kaumara Foundation shall be an independent body governed by
its own rules and its own board of directors. Hence it shall not be an
arm or wing of another body, nor should it be subordinate or answerable to
anyone outside of its own governing body.
- Its aims shall be, broadly speaking, to:
- IDENTIFY those individuals and
small-scale projects that have potential to impact Indian society favorably in
such fields as the literature and the arts, not excluding living religious and
spiritual traditions that have long been an integral part of Indian culture;
- SUPPORT those individuals and
projects with encouragement, recognition and, to the extent possible, financial
The Kaumara Foundation will be unique in its recognizing the potential synergy of a
partnership of enterprising expatriate Indians and friends of India on the
one hand, and equally dedicated individuals living in India whose contribution
to Indian society could be further enhanced if they would receive recognition
and support from their expatriate brethren.
- The Kaumara Foundation will seek non-profit status so that the contributions of its
members and supporters may be tax-deductible, providing incentive to give
greater financial support than they could otherwise.
- The Kaumara Foundation recognizes that, just as expatriate business investment is often
more cost-effective when it is conducted as offshore projects, so similarly
charitable funds in the humanities have greater impact when invested offshore
in India where costs are substantially
less. Rather than to bankroll gold-plated projects (like university chairs) abroad, we aim to maximize the return on our investment by supporting
outstanding scholars et al. in need who are conducting their life's work in
- Those who provide financial support to the Foundation should have a direct say
in how the money is spent. That is, a donor may designate the project, artist,
scholar, etc. who is to receive financial support, or a Foundation project may
appeal to donors who know their support will go towards that particular project. This way there will be a
personal connection between donors and the scholars or artists, etc whom the
donors are supporting.
- We appreciate that any support going to India should be sent in gradual installments,
not as a lump sum presented in advance, except where project startup costs are
substantial. Knowing economic conditions in India, we understand that our
support should be regular and steady from month to month. We can achieve this
by setting up special
accounts in foreign and Indian banks to release funds gradually.