Impact philanthropy is a type of charitable giving that creates change with society and communities. The aim of philanthropy is to influence or improve social systems and create a better, fairer world. Impact philanthropy can assist in the creation of sustainable resources and equal opportunities.
Evidence to solve issues
Those who make high impact donations to causes can solve issues that affect the globe. These include poverty, climate change, gender inequality and homelessness.
A 2020 Lancet Global Health report stated that curable vision loss and total blindness has cost the global economy $530 billion. This is due to those who lost their employment after losing their vision. The Tej Kohli and Ruit Foundation are committed to eliminating needless blindness across the globe. By doing this, those becoming unemployed and falling into poverty will be able to go back to work and earn a living.
At the Tej Kohli and Ruit Foundation, we believe that restoring eyesight by curing cataracts goes beyond eye heath. The cure of blindness significantly improves an individuals, community’s and country’s economic development.
Focus on social change
Creating social change is something that the Tej Kohli and Ruit Foundation focus on throughout their endeavours. The foundation aims to place a high focus to cure a high percentage of women and children throughout the outreach camps. Throughout the Tej Kohli and Ruit Foundations journey through Nepal over the last year, it was noticed that women were more likely to suffer from needless blindness in comparison to others.
Women are often subject to avoidable blindness due to social restrictions. This means that they are unable to afford or travel to hospitals to receive treatment. Collaborating with partner hospitals means that structures are put in place to ensure that women receive the same treatment as any other person would. The Tej Kohli and Ruit Foundation have also used the focus on social change to implement counselling for families who may face obstacles to treatment and healthcare.
Having an entire foundation based around alleviating poverty and supporting isolated and marginalised communities means that social change will be achieved. With this in mind, the Tej Kohli and Ruit Foundation has seen members of impoverished communities thrive once their eyesight is restored. Curing someone of needless blindness and partnering with local hospitals creates a sustainable future.
Impact philanthropy is abut giving and doing what is best with the money spent. Investing in vision and restoring communities sight will be felt for many years after. The positive impact allows people and families to build up their earnings and drive themselves away from poverty, subsequently supporting their children for the future.
Restoring sight has eased poverty across the globe. Ending avoidable blinds gives countries the opportunity to improve their economic prospects and develop infrastructure to support the entire nation.
The inequality in healthcare between the western nations and developing countries has worsened over the last 20 years. With the rise of developments and innovation in the western world, those countries such as Nepal and Bhutan are suffering without access to vital resources.
The Tej Kohli and Ruit Foundation, alongside partnering hospitals, have had, and will continue to, a positive impact on ensuring that sustainable eye care development is taking place and people are being cured of blindness and lifted out of poverty.
To read about Tej Kohli as an investor visit Kohli Ventures.
Find out more about Tej Kohli: Tej Kohli the technologist investing in human triumph, Tej Kohli the philanthropist trying to cure the developing world of cataracts and Tej Kohli the London tycoon with a generous streak.