Who We Are
The Adsum Foundation was established in 2008 in Belfast, Northern Ireland with the goal of investing money in people and communities in the developing world.
We only want to invest in sustainable projects so we look at who it is helping and will it still be here and be useful when the next generation comes along?
We have worked in partnership with some of the biggest NGOs around the world, and some of the smallest, to learn and tap into their years of expertise and this process has helped shape our approach to giving. Among other things we have helped build wells in Tanzania, helped provide disaster relief in Pakistan and funded the distribution of mosquito nets in Uganda, all the time learning from each project and putting this newly acquired knowledge to use when evaluating the next one.
How We Do It
Our strategy has evolved so that now when evaluating a new project or organisation, the main question we ask ourselves is Would this still get done without our investment? If the answer is yes then in the majority of cases we tend not to get involved. This allows us to focus on projects that for one reason or another are not on the radar of the larger organisations or could be too small to attract their attention and for which the struggle for funds is ever greater.
Two of the key strengths we look for in a charity or an agency to be supported are leadership and accountability, which is vital for both the success of the project and our ongoing working relationship.
We also look at the long term effect of the project on the community and surrounding area. We only want to invest in sustainable projects so we look at who it is helping and will it still be here and be useful when the next generation comes along?
The areas in which we operate are some of the most poverty challenged on the globe and to maximise impact we operate partnering schemes to secure as much investment, on top of our own, for the charities we feel need support.