Nike Foundation helping to reach Millennium Development Goals
15 Sep '05
3 min read
-Leverage partners -- expand others' capacities to empower girls.
Specific projects include: Bangladesh, Brazil, China, Egypt, Ethopia, Zambia
The Nike Foundation is a non-profit organization supported by Nike, Inc. dedicated to giving the world's neediest girls the opportunities to lead full and active lives. The Foundation is committed to extending Nike's passion, voice and resources to inspire support for girls in some of the world's least developed countries.
The Foundation gives money to programs and partnerships that help address two of the world's most pressing challenges -- eliminating poverty and improving the lives of girls. To achieve its vision, the Nike Foundation supports the experience of local, national and global partners working together to create innovative, compelling solutions that can achieve broader impact than those delivered by individual efforts. The Foundation is infused with funds on an annual basis out of Nike, Inc.'s three percent commitment of the preceding year's pre-tax profits to community investments around the world.
The Nike Foundation is governed by a Board of Directors comprised of Nike, Inc. senior executives and guided by an Advisory Group of leading experts in the fields of international development and gender equality. The Nike Foundation does not accept unsolicited proposals, but instead works with its partners to identify and co-design innovative projects in target countries.