One Ummah Foundation was founded in loving
memory of Mustafa Saeed Rahman who died tragically 6 days before his
12th birthday.
The Rahman family endowed the One Ummah Foundation, whose name means:
"One People", with the knowledge that the best way to honor
Mustafa would be through the work of helping children worldwide.
During the first five years, One Ummah Foundation focused on improving
educational infrastructure, including constructing new schools, refurbishing
existing schools and providing needed materials for both new and existing
schools (e.g. books, uniforms, food). During the previous two years,
One Ummah Foundation has expanded the types of projects it funds.
In the future, One Ummah Foundation will deepen our relationship with
the trusted contacts who ensure that donor funds are used efficiently
and exclusively for the projects for which they are designated. We will
continue to fund projects which increase the availability of education
using a holistic approach which recognizes the importance of community’s
economic and social development in educational accessibility and fulfillment.
MICROFINANCE
The One Ummah Foundation is exploring how to become involved in microfinance
projects. We believe that microfinance provides an important tool for
helping families become economically self-sufficient. If parents can
provide the basic necessities through their own businesses, they will
be less likely to make their children work and more likely to send them
to school.
The Grameen model using group lending at low interest rates provides
a successful, debt-based model for microfinance. While One Ummah recognizes
the contribution of type of microfinance, we will also encourage alternative
structures of microfinance including those which take an equity- (rather
than debt-) based approach.