Oak Foundation Awards MiracleFeet $5 Million Grant
MiracleFeet announced today that Oak Foundation has awarded the nonprofit a $5 million grant over five years to help end the disability caused by untreated clubfoot in low income countries. The foundation’s grant will support an ambitious 15-year plan in cooperation with the Global Clubfoot Initiative to end disability caused by clubfoot worldwide.
Oak Foundation has played a pivotal role in MiracleFeet’s success with previous grant funding awarded every year since 2011. This new and largest grant, a part of Oak Foundation’s Special Interest Programme, is of particular significance, taking aim at a root cause of poverty in developing countries and demonstrating the foundation’s confidence in MiracleFeet’s continued ability to build and scale sustainable programs with a compelling return on philanthropic investment. The grant provides general operating funds to make clubfoot treatment more readily accessible in low income communities worldwide. MiracleFeet is responsible for raising $2 million in new funding over the next three years to qualify for the $2 million in years four and five.
“MiracleFeet shares our vision to create better lives for the disadvantaged,” says Caroline Turner, Chair of Oak Foundation Board of Trustees. “They are protecting vulnerable children and families, enabling them to thrive within their communities. It’s our pleasure to support MiracleFeet’s work and ensure every child born with clubfoot has the opportunity to reach his or her full potential.”
“We are so honored to have the Oak Foundation’s continued support. Oak Foundation has believed in MiracleFeet since our inception, and this generous gift will help ensure that an additional 60,000 children born with clubfoot get the treatment they need to lead active, healthy, and productive lives,” said Chesca Colloredo-Mansfeld, MiracleFeet Executive Director.
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