The William and Flora Hewlett Foundation believes that the world of the 21st century is a study of contrasts. Despite rapid economic growth in some countries, more than 2.7 billion people or 40 percent of the world’s population live in extreme poverty. This is why the Global Development Program of the foundation was created.
Based on the latest research, consultation with other development experts, and the Program staff’s own experience in making grants, the Foundation concluded that promoting equitable and sustainable economic growth in the developing world is the best way to improve lives. Their grantmaking program focuses on countries in sub-Saharan Africa, South Asia, and Mexico.
Before the first quarter of this year ended, the Hewlett Foundation awarded numerous grants to different organizations, schools, and societies having same programs with the foundation. One of these grantees was Massachusetts Institute of Technology (MIT). It was awarded a grant worth of 2 million dollars. MIT’s grant proposal that focused on global development aims for impact evaluations of program to improve governance in developing countries.
Basically, Global Development Program has the goals of improving the efficiency of agricultural markets, promoting transparent and accountable governance around the world, improving the quality of education, and increasing the amount of high-quality policy analysis created in the developing world.
Through the joint efforts of MIT and the Hewlett Foundation, the promotion of sustainability and equity among developing countries is now underway and it is hoped that eventually, the improvement of people’s lives will follow.
The William and Flora Hewlett Foundation has been making grants since 1967 to solve various social and environmental problems at home and around the world. The Foundation is located at 2121 Sand Hill Road, Menlo Park, California.