Tanoto Foundation and Gates Foundation recently announced the signing of a Memorandum of Understanding (MoU) to explore collaborative efforts aimed at unlocking human potential and helping communities thrive across Asia.
The MoU brings together the two foundations’ shared commitment and experience in advancing healthcare, nutrition, education, and strengthening the philanthropic ecosystem in the region.
Through this partnership, the two foundations build on their existing relationship to collaborate and work together to identify, design, and implement joint initiatives in areas including Public health and healthcare delivery; Maternal and child nutrition; Access to quality education and; Strengthening philanthropic ecosystem and capacity-building in Asia.
“This partnership is a significant step toward unlocking new possibilities for systems change in Asia and builds on our existing impactful programs,” said Belinda Tanoto, member of the Board of Trustees, Tanoto Foundation.
Each project under this partnership will be governed by its own specific agreement, which will outline the objectives, scope, budget, roles, and responsibilities of both parties. These project-specific agreements will also reflect a shared commitment to the principle of ensuring that innovations, knowledge, and solutions developed are affordable and accessible to the communities that need them the most.
“By bringing together our complementary strengths, networks, and regional expertise, we can accelerate progress and help improve the lives of millions across Asia,” said Hari Menon, Director, South and Southeast Asia of the Gates Foundation.