Siddharth Balachandran's AED 10 Million Donation Boosts Mothers' Endowment Campaign

In a significant act of philanthropy, Siddharth Balachandran, the Indian businessman and Executive Chairman and CEO of Buimerc Corporation, has made a generous contribution of AED10 million to the Mothers’ Endowment campaign. This initiative, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, aims to establish an AED 1 billion endowment fund. The fund is dedicated to supporting the education of millions across the globe, reflecting the UAE's dedication to aiding underprivileged communities and vulnerable individuals towards a brighter future.

The campaign, organized by the Mohammed bin Rashid Al Maktoum Global Initiatives, not only aims at empowering those in need but also at promoting stability and development. It underscores the importance of education in uplifting communities worldwide. Balachandran expressed his gratitude for the opportunity to contribute to this noble cause, emphasizing the campaign's role in honoring mothers' generosity by aiding global underprivileged communities.

Highlighting his unique position as an Indian citizen residing in the UAE, Balachandran sees his contribution as a reflection of the benevolence of both nations. He stressed the critical role of the Mothers’ Endowment fund in enabling access to education and training for millions living in challenging conditions. The initiative coincides with the holy month of Ramadan, allowing donors to make contributions in their mothers' names, thereby honoring them while supporting educational projects in partnership with humanitarian organizations.

The campaign promotes values such as honouring parents, kindness, compassion, and solidarity within the community. It also reinforces the UAE's humanitarian role and introduces endowments as a sustainable charity tool that aligns with global sustainable development efforts.

Donations to the Mothers’ Endowment fund can be made through various channels including the campaign’s website (Mothersfund.ae), a dedicated call centre via toll-free number (800 9999), bank transfers in UAE dirham to Emirates Islamic Bank (AE790340003708472909201), and SMS donations for Etisalat by e& users by sending "Mother" to numbers (1034, 1035, 1036, 1038). Additionally, contributions can be made through the DubaiNow app under the "Donations" tab and Dubai’s community contributions platform Jood (Jood.ae).

This initiative not only aims at providing immediate support but also at ensuring long-term sustainability through education. By fostering an environment where giving back is encouraged and celebrated, especially during significant times like Ramadan, the Mothers’ Endowment campaign sets a precedent for philanthropy focused on creating lasting impacts.

With inputs from WAM