Moneylife Foundation is the voice of savers. As part of its strong investor- and customer-orientation, in February 2010, Moneylife set up a non-profit organization, Moneylife Foundation. The Foundation is engaged in spreading financial literacy and working towards safe and fair market practices through workshops, round table meetings, white papers, research, advocacy, awareness campaigns, grievance redressal, counseling etc. Moneylife Foundation helps investors and consumers be better informed and engages regulators and policymakers in a constructive dialogue to ensure that regulations, procedures and grievance redressal systems provide fair deal to investors and consumers.
The Foundation works at enhancing financial literacy at the grassroots level through a combination of focused workshops on issues based on real-life situations and experiences (how to be smart with your money, importance of credit histories, will and nominations, senior-citizen issues, real estate, responsible borrowing, insurance etc), lectures by experts, panel discussions and focus group meetings to debate specific issues or regulatory changes. The Foundation has set up Moneylife Knowledge Centre, a lecture hall-cum-reading room with access to hundreds of books and magazines on business, economics and finance.
In this short period, the Foundation has worked with mutual funds (Axis MF, ICICI MF), banks (ICICI Bank, Union Bank, Bank of Baroda), intermediaries (Cams, Karvy) and rating agencies (CIBIL and Experian) and has conducted over 207 seminars and conferences. This record is unmatched by any other NGO. The activities of MLF are now larger than that of all recognized investor organizations put together. Although Moneylife is among the smallest, it is the only media company to have taken this initiative. Our members regularly get feedback and help not only from us, but from fellow members as well.
If you have benefited from our work, and if you would like to support our effort to educate savers, please donate to the Moneylife Foundation to help expand our initiatives nationwide. Donate NOW
is a not-for-profit organisation registered with the Charity Commissioner of Mumbai and donations to the Foundation are eligible for tax deductions under Section 80G of the Income-Tax Act, 1961. For more details click here.