The af Jochnick Foundation was established in 2004 by the af Jochnick family who wanted to contribute to the greater good and give something back to society. This is achieved by funding international organisations, institutions and entrepreneurs who are engaged in projects that help people to self-help and give assistance to a self-start. Everything starts with education.
However, it is not only about having access to education or the ability to achieve academic goals but about developing a worldview that lead to a healthier, more sustainable and prosperous world for everyone. If people are informed about the world around them – its threats and opportunities – they can take an active role in making it better.
By investing in children, education, health, our planet and sustainable societies the organization believes that their contribution will reap benefits that will last for generations to come. The Foundation's goals and ambitions are only achieved by supporting numerous different causes and during their more than 15 years of operations they have learned that the success of one project can also have benefits – some predicted and some unforeseen – in other areas. Grants given by the Foundation have also laid the groundwork for further donations by governments and NGO’s – providing the seed capital that can build towards self-sufficiency.
af Jochnick Foundation
The Foundation primary supports project as a co-financier in collaboration with other parties – there are no requirements on how many percent of a project’s total funds the Foundation should represent. This is to secure that the survival of projects is not dependent on the Foundation. In order to be closely involved in selected projects, we have chosen to mainly fund projects directly, rather than donate to established charity organizations.
Before initiating a collaboration, the Foundation believes in formulating concrete project goals and metrics together with the entrepreneur/organization. These could then be followed-up throughout the entire funding period to secure progress and result. By having quantifiable goals, they create pre-requisites for simple measurement and follow-up. Frequency of reporting will be determined upon project start and vary depending on project size. The purpose of regular reports and follow-up is to ensure that grants are used for the right purpose and to be able to evaluate fulfilment of project goals. Follow-up principles include that the Foundation should be able to contact and visit the organization, as well as receive status reports regarding project progress and outcome regularly.
The Foundation only supports organizations, institutions and entrepreneurs who are engaged in projects within their grant making areas Children & education, Health & medical research, Our planet, and Sustainable societies. The principal rule is that support to a project is granted for 1-3 years, however exceptions can be made if clearly motivated. It is important for the Foundation that the organization behind the project presents how they plan to finance the project after this period and that the project has scale-up potential. There are no requirements on project geography nor type of entrepreneur/organization. Contributions are not made directly to individuals.
Acceptance of applications and decisions regarding funding is made on a continuous basis. In the selection process, they strive to have a geographical spread and a combination of both large and small projects. Preferably, the project should have scale-up potential, be able to be independent and grow after the funding period and have quantifiable goals. Furthermore, projects should be possible to categorize into one or several of their grant making areas. If a project is longer than three years, a clear plan for the funding is set upon project start to ensure a common time horizon.
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