What is a
pooled fund?
In a pooled fund, multiple donors make grants to a single entity to achieve a more significant and coordinated impact on an issue. Through this aggregation, donors learn to work together and draw common learnings around a specific impact model.
The resources provided are combined to create a larger fund, and the participating donors jointly recommend how these funds can be deployed to generate a compelling and lasting impact on different organizations.
Objectives STEM Fund
Second
Cohort
The STEM Fund seeks to strengthen the institutional models and capacities of 10 organizations in Argentina that implement STEM methodologies with young people from 14 to 20 years old in vulnerable contexts, in order to achieve:
Obtain measurable improvements in STEM skills.
This pilot combines financing flexible financing of USD $24,000. and unrestricted with a clearly defined package of non-financial support, designed to intentionally strengthen the organizations.
participants for a period of 12 months.
Perfil of eligible organizations.
NGO
Foundations
Community-based organizations
Educational Institutions
Social enterprises
incorporated in Argentina
Target population
Develop and consolidate innovative and sustainable models with the capacity to scale and generate impact in the medium term.
- Women and girls
- Rural communities
- Indigenous populations
- Young people with disabilities
- Young people out of the educational or labor system
STEM programmatic approach
- Innovation to solve real problems
- Digital literacy
- Remedial or remedial support in STEM subjects
- Programming, robotics, AI, environmental sciences
- Computational thinking
- Engineering design
- Applied Mathematics
Minimum institutional capacities
- Reach at least 100 young people in 12 months
- Equipment capable of executing
budget and report progress - Willingness to develop or update your Theory of Change, MEL system and communication strategy.
- Administrative capacity to
manage unrestricted funds - Innovative, sustainable and replicable models
Do you want to apply to the call as a beneficiary organization?
Do you want to be part of
STEM Fund?
Currently Lenovo and the BHP Foundation are anchor donors to this fund for the second cohort. Each with a contribution of USD 200,000.
We are looking to incorporate other funders with a commitment of at least USD 100,000 per year to be matched with funds provided by Lenovo and the BHP Foundation.
As founder, you will be part of the Advisory and Selection Committee, which is involved in the fund's decision making and in the selection of beneficiaries, among other governance issues. The fund is highly
flexible and can be tailored to your organization's geographic and thematic interests.
Join Latimpacto and partners to boost the impact on education STEM through this fund!
For more information write to us at: