Madhvani Foundation’s Alumni Association a liberal association formed by former beneficiaries, held their 5th annual General meeting at Hotel Africana yesterday to discuss milestones the association has achieved, to welcome new alumni (Fresh graduates) to the flock and most importantly to instill the seed of giving back and helping those that are less fortunate in the pursuit of their educational struggles under the theme “Giving back in the face of challenge”.
Speaking at the AGM Mrs. Magona Anne a board member on the Madhvani Foundation Scholarship committee encouraged all the beneficiaries of the foundation to emulate the generosity that has been extended to them by the foundation to others, “it is important that those that have benefited from the foundation give back to it to enable even more disadvantaged Ugandan studentsto get a chance of finishing their education and achieving their dreams like you have”. Mrs. Magona appreciated the Alumni for their contribution to the fund and encouraged them to committee 10% of their monthly salaries for their first year in employment to enable the Foundation reach even greater masses.
Discussing the impact of the Foundation Mr. Hrishi Madhvani the Director Madhvani Group congratulated the Alumni and applauded them for their hard work “for it is the reason you are here today” Commended Mr. Hrishi. “Madhvani Foundation has only provided a stepping stone but all the running and climbing has been all you. We are proud to have contributed positively to our community for now 14 years when the foundation was re-established in 2003 to further the dream our founding father Muljibhai Prabhudas Madhvani who believed the future development of Uganda lied within the education of its young generation”. He added
Mr. Mudholian 88 year old first beneficiary of the foundation’s shared his experience of the Foundation’s generosity back in 1953 when he was sponsored to go study forestry in India which earned him the position of first Ugandan forestry officer during colonial times when such jobs were only for the colonial masters.
He encouraged the younger generation of the Alumni to keep the dream and fire of the foundation burning through giving back the little that they can afford.
Every year the foundation selects 150 economically disadvantaged students to award scholarships amounting to 650 million Uganda shillings. The scholarship covers only tuition fees from the second year of study until completion of the course in undergraduates and for the entire programme of study for graduate students until the time of award.