About Manappuram Foundation

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The best way to find yourself is to lose yourself in the service of others.
- Mahatma Gandhi

In the year 2013, India made CSR spending mandatory for bigger companies. Many organizations within the country were caught off-guard as they hastened to put together semblance of CSR projects to pass muster.

Manappuram Finance Limited, India’s best known gold loan NBFC, was something of an exception. The company was already well involved in the CSR sphere years before it became a law of the land. In 2009, the Manappuram Foundation came into being as a charitable trust to implement the CSR vision of the company under the inspirational Leadership of its Chief Patron and Managing Trustee Mr. V.P Nandakumar.

Manappuram works with the vision to make healthy, educated and happy communities.

Over the last decade, the Manappuram Foundation has initiated many worthwhile projects focused mainly on health and quality education for socially and economically deprived communities. The flagship project of the Foundation has been the “Janaraksha Manappuram Free Health Insurance Scheme” that was first rolled out in the year 2010. The government of India has recently rolled out a similar health insurance scheme in 2018 budget “Ayushman Bharat”.

The plan provides free health insurance for around 20,000 BPL families in the coastal belt of Trissur district. In the seven years that the scheme has run, an amount of nearly Rs. 11 crores was reimbursed to beneficiaries. The Janaraksha Manappuram scheme has no age restrictions and covers a wide range of medical treatments.

The Foundation ensures that all claims are processed in time and payments are distributed to beneficiaries bank account at the Panchayat level. Paper work, filling up of forms and the follow-up by correspondence etc. was facilitated by a dedicated cell of Manappuram Foundation.

This ongoing ground level involvement ensures vigorous and effective implementation of the project. Further, the active involvement of local government representatives and Kudumbasree members in these communities has also contributed to the success of the scheme.

 

Healthy Community

Educated Community

Happy Community

Message from Managing Trustee
Sri. V P Nandakumar

I am delighted that the Manappuram Foundation is now going live with its own website. In the nine years since it was established in 2009, the Foundation has broken new grounds, and established new standards in how CSR activities can be made truly meaningful.


Until recently, all CSR spending by corporate in our country was strictly voluntary in nature. However, in 2013, India became the first country in the world to make CSR spending compulsory for corporations meeting certain criteria regarding size and profitability. After CSR became mandatory (at 2 percent of the average profits of the past three years), many corporates were taken by surprise and scrambled to put together some CSR initiative or the other, merely to comply with the law of the land.

Board of Trustees

Jyothi Prasannan

Sooraj Nandan

Chief Executive Officer

Pavel Podder

“Manappuram literally means the “the land of sand” and the Manappuram Foundation is working with the vision of leaving behind footprints of healthy, happy and educated communities on the sands of time. Our motivation is backed by the profound resources of the Manappuram Group and our mission is ably guided by a illustrious Board of Trustees and our Managing Trustee Mr. V P Nandakumar. Our vision is heavily influenced by our Group founder’s  dream of creating “Good for the Community”, many decades before the CSR statutes came into effect in India or the SDG goals were drawn by the world.

SANOJ HERBERT
(Secretary of Manappuram Schools)

Manappuram Foundation  have been started with an ideology to impart quality education at par with global standards. To augment the effective learning process facilities such as smart interactive learning and assessment of each students is being undertaken besides academics, facilities such as aquatic trainings, sports coaching in the state of the art facility, Mathematics and science Labs, brain gym camps are regularly arranged in the school. With the guidance and support of our President Shri.V.P Nandakumar, we are marching towards fulfilling the expectations of all stakeholders, by creating global leaders.

SILPA TRESA SEBASTIAN
(Chief Manager)

Manappuram Foundation initiated the voyage of CSR initiatives for the community development in a unique manner from 2009 and is specially designed for the entire upliftment of our society. The inspiration and highlights of our success is typically based on the increased demand from different parts of the society, community participation, support from local self governments and other institutions, social acceptance and appreciation. To address the present scenario which are most relevant in our society, we focuses on Health, Education,…

I am delighted that the Manappuram Foundation is now going live with its own website. In the nine years since it was established in 2009, the Foundation has broken new grounds, and established new standards in how CSR activities can be made truly meaningful.


Until recently, all CSR spending by corporate in our country was strictly voluntary in nature. However, in 2013, India became the first country in the world to make CSR spending compulsory for corporations meeting certain criteria regarding size and profitability. After CSR became mandatory (at 2 percent of the average profits of the past three years), many corporates were taken by surprise and scrambled to put together some CSR initiative or the other, merely to comply with the law of the land.

 

At Manappuram, we are proud that we have been doing things differently. For us, CSR is not a fashion statement. We also don’t see it merely as a legal requirement to be complied with for the sake of compliance. Indeed, we set up the Manappuram Foundation as a charitable trust back in 2009, well before CSR became mandatory, because we were, and continue to be, serious about CSR. We wanted to push ahead with our vision of a corporate entity that would create social value, sustainability as well as market value, to further the interests of all our stakeholders.

Initially, our focus was on doing something for the area around Valapad in the Thrissur district of Kerala, where we belong to and where we have our HO. We were clear that we would take up only such projects that would be relevant to the local community and create a real difference.

In the nine years of its existence, the Manappuram Foundation has initiated many worthwhile projects—in healthcare, education, skill training, empowerment of women, care for the elderly, grants to meaningful projects etc.—that have enriched the lives of some of the poorest in society. It has been successful in making a visible difference to the local community.

And now, we have decided that Manappuram Foundation will extend its reach and work with communities across all the states where Manappuram Finance is present. (Incidentally, with over 4200 branches, we are present in 28 states and UTs across India.) And, in the years to come, we hope that the Manappuram Foundation will also have a pan-India presence, to match the stature of its parent.

V.P. Nandakumar
Managing Trustee

“Manappuram literally means the “the land of sand” and the Manappuram Foundation is working with the vision of leaving behind footprints of healthy, happy and educated communities on the sands of time. Our motivation is backed by the profound resources of the Manappuram Group and our mission is ably guided by a illustrious Board of Trustees and our Managing Trustee Mr. V P Nandakumar. Our vision is heavily influenced by our Group founder’s  dream of creating “Good for the Community”, many decades before the CSR statutes came into effect in India or the SDG goals were drawn by the world.

 

Manappuram Foundation is working with this vision primarily on two key pillars of Quality Education and Health. We also encourage and participate in other projects which contribute meaningfully towards Community Development and Environment. The overarching theme is to make all the initiatives sustainable by aiming for the highest levels of efficiency and effectiveness using suitable technology and people. We also take pride in partnering with philanthropic organizations of global repute like Lions Clubs International in a few of our projects. This helps us to increase our reach and resources not only locally, but also globally.”

 

Pavel Podder

CEO – Manappuram Foundation

Manappuram Foundation initiated the voyage of CSR initiatives for the community development in a unique manner from 2009 and is specially designed for the entire upliftment of our society. The inspiration and highlights of our success is typically based on the increased demand from different parts of the society, community participation, support from local self governments and other institutions, social acceptance and appreciation. To address the present scenario which are most relevant in our society, we focuses on Health, Education, Women Empowerment, Skill Training to local community, energy and water conservation, environment protection and waste management  and Disaster Management – relief activities.  MAHIMA (Manappuram Action for Health Intervention in Mental Ability) counselling and psychotherapy centre specially focuses on Mental Health Enhancement to take care the people those who are mentally weak and unable to face the challenges in their life. In short, an integrated and holistic approach to uplift and hand hold the community to mainstream and development with special focus to weaker sessions is the unique nature of our CSR activities. I am proud to express that experienced, dedicated and highly passionate Professional Social workers team, with the support and guidance from management having good visionary in this sector, is the back bone of our achievement. I specially take the privilege to extend my gratitude to my colleagues in Manappuram Foundation and our beloved Managing Trustee Mr. VP Nandakumar for permitting me to be a part of this drive. I thank sincerely all the local body governance who supports our team to bring out the programs in success, esp. Grama Panchayaths in and around the coastal belt and the educational institutions.

Silpa Tresa Sebastian
Chief Manager
Manappuram Foundation