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Applications Invited for EFICO Foundation Project Grant
![Applications Invited for EFICO Foundation Project Grant](./grants/grant_logo/66cf290f93975.png)
Organization: EFICO Foundation
Apply By: 15 Sep 2024
About the Organization
EFICO Foundation is a private, non-profit foundation created in 2003 by Patrick F. Installé, late member of EFICO’s founding family. It is one of a kind in Europe in terms to structurally support coffee farmers and their families.
Today, about 40 roasters joined the EFICO Foundation, several governmental organisations participate financially or through their development agencies in projects, together with more than 60 different organisations.
All supported funding goes integrally to the projects, and EFICO commits to cover the operational costs of the Foundation. This gives you a unique way to make sure that 100% of your support goes directly to the projects.
About the Grant
Through training and education programs, sustainable income increase, resilience for climate change, infrastructure support, and natural resource protection, we work to positively impact coffee farmers’ livelihoods, prosperity and environment.
Projects are selected by an independent jury of experts and the funds are managed independently and transparently within the EFICO Fund by the King Baudouin Foundation.
The EFICO Foundation provides a flexible tool to build a sustainable supply chain: support by sourcing coffee with EFICO contributing 0.25 EUR/kg or direct transfer to the EFICO Fund.
With our activities of the EFICO Foundation, we are active in our commitment to the principles of the UN Global Compact and to the Sustainable Development Goals.
EFICO Fund -
In 2005 EFICO established the EFICO Fund within the King Baudouin Foundation, to monitor the administrative and financial operations of the EFICO Foundation. It gathers money from several sources of revenue (institutions, donations, coffee roasters, sales of EFICO Foundation labelled coffee) to allocate to projects. The fund consists of a Jury of experts that carefully select the projects and a Board that approves this selection.
The King Baudouin Foundation is a transparent, independent and public interest foundation, which supports projects and citizens committed to building a better society. As a Belgian organization, KBF also has a European and international scope. EFICO itself covers all the operational and fund-related expenses. 100% of the funds collected are destined for the projects.
The EFICO Foundation projects are being deliberated by a Board and a Jury.
The Board, appointed by the King Baudouin Foundation: decides on the allocation of the EFICO Fund’s financial resources, appoints the Jury members, launches requests for new projects, follows the EFICO Fund’s operations.
An independent Jury of experts, appointed by the Board: selects and monitors the EFICO Foundation projects, evaluates its partners.
About every 3 years, we organize a project initiation round.
Our focus areas are knowledge transfer, sustainable income increase for farmers and resilience to climate change.
The project must aim to:
- improve the living conditions of coffee producers and their communities
- meet 3 dimensions of sustainability: social, environmental and economic and the set out pre-determined criteria.
- Preference is given to projects having a clear strategy to become self-sustaining and creating a leverage effect. We encourage to apply innovation and having the potential to inspire a broader community by creating a model that can multiplied.
- The promoter must show to what extent the project will succeed, through its implementation, in applying the multi-stakeholder model as developed by the UN Global Compact.
- The project should substantially contribute to one (or more) of the Sustainable Development Goals and be able to measure progress against these SDGs.
How to Apply
For more information please check the Link
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