Ashokas Fund For Social Change In Africa

E ve r yo n e a C h a n g e m a ke r ™

ASHOKA’S FUND FOR SOCIAL CHANGE IN AFRICA © P H O T O C R E D I T S : E . B . S Y LV E S T E R , L E I L A A K A H L O U N , A N D F E R D I N A N D R E U S

You can change a continent: be a Changemaker

“Ashoka identifies inspirational individuals whose life and work demonstrate how much one person can do to make the world better.” — Graça Machel Stateswoman, Human Rights Advocate, Former First Lady of Mozambique, and First Lady of South Africa © Anne Henricot

WHY INVEST IN AFRICA TODAY: A note from our Africa Integrator

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© Janet Jarmen



Growth of Ashoka Fellows in Africa 350 300 250 200 150 100 50

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When some think of Africa, they think first of its overwhelming problems. Indeed the reality of widespread conflict, HIV/AIDS, and abject poverty paint a bleak picture of the continent. However, the work of Ashoka has provided me with the extraordinary privilege of witnessing solutions to these seemingly intractable problems. Ashoka and our Fellows shatter the conventional perspective of Africa as a continent bereft of leadership and entrepreneurial knowhow for solving its problems without interventions by aid agencies. Unlike many international NGOs, Ashoka does not apply externally-generated ideas to local problems. For almost twenty years, Ashoka has searched for and invested in Africa’s leading social entrepreneurs, named Ashoka Fellows. Fellows are local innovators with new ideas to solve the world’s most urgent and deeply-rooted social problems. Our dynamic innovators bring home-grown solutions to their communities’ problems, building the foundation of lasting social change in Africa. We extend the opportunity for you to partner with us in selecting and supporting the leaders who are changing Africa. --Leila Akahloun

The FY09 Challenge: $3 million to continue Africa’s social transformation For all the current media attention on Africa—its health, environment, governance, and human rights—there is still woefully inadequate focus on the huge role Africans can play in creating groundbreaking solutions to the continent’s problems. Ashoka is at the forefront of the African Renaissance promoting African social entrepreneurs as a unique and effective mechanism to transform the African continent. Our goal for FY09 is to elect 30 leading social entrepreneurs and increase the networking activities of our 350 Fellows. This year we intend to bring our youth programming, Youth Venture, to Sahel West Africa and empower young people to create change in their communities. This $3 million fund will enable Ashoka in Africa to grow our fellowship, enhance the resources and services we provide our Fellows, and lay the groundwork for our expansion into Ethiopia, Rwanda, and Liberia.

You can help us reach our goal by investing in the Africa Fund for Social Change Your money will cover new Fellow stipend expenses and

Fellow support for the most talented social entrepreneurs in Africa. “Social entrepreneurs are not content just to give a fish, or teach how to fish. They will not rest until they have revolutionized the fishing industry.”

You will empower brilliant innovators seeking a social rather than a financial profit.

Receive benefits based on your level of investment „„ Get news of trends regarding the cutting edge of social change

-- Bill Drayton, Founder of Ashoka

„„ Visit Ashoka Fellows and their projects „„ Attend Ashoka Events „„ And more.... see page 11 for further details

Are you the right investor for this fund? „„ Do you want to be part of social transformation in Africa? „„ Do you believe in the power of entrepreneurs and innovative ideas? „„ Do you want to see potential turn into impact across sectors? „„ Do you want to invest in effective and ethical leaders through a proven selection strategy? „„ Do you want to share the impact of your investment with family and friends, engaging them in Africa’s transformation as well?

In what sectors do African Fellows work? Education 16%

Civic Engagement 19%

Human Rights 20%

Economic Development 23% Health 15%

Environment 7%

Source: all active Ashoka Fellows in Africa

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Ashoka at a glance: who we are Ashoka envisions a world where Everyone is a Changemaker™: a world that responds quickly and effectively to social challenges, and where each individual has the freedom, confidence, and societal support to address any social problem and drive change. Ashoka strives to shape a global, entrepreneurial, competitive citizen sector: one that allows social entrepreneurs to thrive and enables the world’s citizens to think and act as changemakers. Ashoka launched in Africa in 1990, and today there are over 350 Ashoka Fellows in 17 African countries with regional offices based in Abuja, Nigeria; Dakar, Senegal; Nairobi, Kenya; and Johannesburg, South Africa. African Ashoka Fellows are addressing wide-ranging problems, including:  economic issues, corruption, the pandemic of HIV/AIDS, education systems, the environment, and conflict. Ashoka believes that launching a critical mass of social entrepreneurs is a crucial step toward creating a vibrant, prosperous African continent.

WHAT MAKES ASHOKA UNIQUE? „„ We are the first in the field, with over three decades of experience in identifying and investing in the world’s leading social entrepreneurs. „„ Our global reach is the broadest and deepest in the field. „„ To elect our Fellows, we use a rigourous five-step search and selection process that includes hours of personal interviews and draws on networks of local and international experts. „„ We are supported by a diverse group of partners that includes foundations, corporations, and business leaders.

Ashoka Fellows in Africa

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Ashoka’s Approach: how we select Ashoka Fellows Ashoka invests in people. We search the world for leading social entrepreneurs and through an intensive, humancentered process, select them into our global Fellowship where they receive financial and professional support. We call this process “Venture.” Since 1980, Ashoka has elected over 2,000 social entrepreneurs in more than 60 countries.

Nomination

• INTERNATIONAL • INDIVIDUAL

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Ashoka representatives receive nominations from staff, volunteers, partners, and any other nominators familiar with Ashoka’s work. All candidates must pass Ashoka’s five core criteria listed below

First Opinion • LOCAL • INDIVIDUAL

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Local Ashoka staff research nominees and the fields they work in, conduct site visits and reference checks, interview them extensively to identify their central innovation, and evaluate them across Ashoka’s criteria.

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Second Opinion • INTERNATIONAL • INDIVIDUAL

Panel • LOCAL • GROUP

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Ashoka representatives convene 3-4 leading social and business entrepreneurs from the country to advise Ashoka on how to frame the candidate’s idea and potential impact in the country context. Each panelist meets with each candidate individually and then the panel convenes as a group, facilitated by the Second Opinion interviewer, to decide by consensus whether to recommend candidates to be elected as Ashoka Fellows.

A senior Ashoka representative from outside the region interviews each candidate for 3-4 hours in person, applying Ashoka’s criteria, probing a candidate’s life history, and relying on their deep understanding of the field of social entrepreneurship.

ASHOKA’S SELECTION CRITERIA

Board Review

••INTERNATIONAL INTERNATIONAL ••GROUP GROUP

Ashoka representatives, Second Opinion interviewers, and Venture staff collaborate to write a candidate “profile” that presents the main elements of the candidacy and demonstrates how each of the criteria has been satisfied. Ashoka’s Board of Directors receives profiles and panel recommendations from throughout the world. The Board considers each candidacy based on Ashoka’s worldwide mission and policies, and either ratifies the election or requests clarification from staff.

A NEW IDEA (THE KNOCK-OUT TEST) Ashoka will only elect individuals to the Fellowship if they are possessed by a new idea—a new solution or approach to a social problem—that will change the pattern in a given field, be it human rights, the environment, or any other. CREATIVITY Do they define the root problem, interpret the challenges, and take advantage of their setbacks in a creative and resourceful way? The best candidates have shown a history of creativity throughout their lives. ENTREPRENEURIAL QUALITY

Who supports Ashoka? AVERAGE FUNDING 2007 FUNDING SOURCES 2007 Foundations 25%

Perhaps our most important criterion, entrepreneurial quality is the defining characteristic of first class entrepreneurs. It defines leaders who see opportunities for change and innovation and who are willing to commit themselves entirely over decades to make their visions a reality. SOCIAL IMPACT Ashoka is only interested in ideas that it believes will change the field significantly and that will trigger national or continental impact. ETHICAL FIBER Social entrepreneurs introducing major structural changes to society must be deeply trusted to succeed. Evaluating candidates on their ethics and motivations often requires resorting to instinct rather than rational analysis. If there is any doubt, a candidate will not pass.

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Business Entrepreneurs and their Organizations 45% Individuals 21%

Corporations & Organizations* 9% * Annual funding sources are estimates and do not include in-kind contributions *Does not include in-kind contributions

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Leading Ashoka Fellows in Africa Bart Weetjens

Bart Weetjens is founder of Apopo, a Tanzania-based organization that trains Giant Pouched Rats to save human lives. While primarily used for landmine and unexploded ordinance clearance, the superior sniffing capability of rats is also being used to detect tuberculosis bacteria in human sputum samples and may eventually lead to the early diagnosis of HIV infection.

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Hamadou Tidiane Sy Hamadou Tidiane Sy is helping redefine African journalism and has started an initiative in Senegal that is improving the dissemination of news both in Senegal and throughout West Africa. Hamadou founded a new, region-wide online news outlet – Ouestafnews – in which a corps of independent, investigative journalists report the stories they care about without being subject to outside pressure.

Veronica Khosa Veronica Khosa has designed a prototype home-based nursing service that has influenced health care policies nationally and internationally. Her work has changed the lives of many chronically and terminally ill patients in South Africa’s Gauteng province.

Zackie Achmat Zackie Achmat of the Treatment Action Campaign spearheads a grassroots social initiative in South Africa to provide affordable AIDS medicines to the public in a way that will not only stop the epidemic’s growth, but also transform the public health system and enable communities to address the host of other social challenges they are facing.

COUNTRY SPOTLIGHT: KENYA Following Kenya’s contentious election in December 2007, deadly ethnic violence broke out between the Kalenjin and Kikuyu communities. Kennedy Wafula, an Ashoka Fellow in Kenya, quickly circulated an appeal to other Ashoka Fellows in Africa, asking for help in building peace and promoting reconciliation. Pastor James Wuye and Imam Mohammad Ashafa of Nigeria’s Interfaith Mediation Centre and Rita Sembuya of Uganda’s Joyce Fertility Support Centre offered their support. With a $10,000 collaboration grant from Ashoka, the group designed a two-year intervention that will work to reinforce reconciliation. To begin, they organized two peace conferences, bringing together community, business, and government leaders in the Rift Valley, an area particularly affected by the violence. Wuye and Ashafa contributed their unique perspective on reconciliation by presenting about their own work around forgiveness and co-existence in Nigeria. Sembuya led the second conference, composed of 100 women leaders from diverse ethnic groups, to stress the importance of women in peace building. They have also elected a committee of elders who meet weekly and are Nigerian Fellows Pastor James Wuye and Imam Mohammad Ashafa responsible for helping their communities cleanse and rebuild following the bloodshed. Together, these African Fellows are spreading their meet with Ashoka Regional Representative Coumba Touré. message of reconciliation to Kenya.

THE ASHOKA SUPPORT NETWORK ASHOKA SUPPORT NETWORK (ASN) is a global community of successful business people who engage with Ashoka, committing time and resources to support the work of social entrepreneurs. „„ In FY2007 alone, the membership of ASN grew by over 100 percent to a total of over 150 members. „„ ASN expanded from six to eighteen countries and in doing so, extended its reach from one to four continents. „„ ASN’s first member in Africa is Maneesh Garg, a member of the Nigerian Chapter of the Young Presidents’ Organization.

ASHOKA’S CORPORATE AND FOUNDATION PARTNERS IN AFRICA „„ Gates Foundation „„ Nike „„ Hilti „„ ABSA Capital „„ Henry E. Niles Foundation „„ Patrick and Anna M. Cudahy Fund „„ Vallavbhai & Savitaben Patel Foundation „„ Project People Foundation „„ Fundacion Roviralta „„ Patel Foundation E V E RYO N E A C H A N G E M A K E R

„„ Mott Foundation „„ Hewlett Foundation „„ Elysium Foundation „„ La Fondation Marie et Alain Philippson „„ Silverman Charitable Group „„ Harry Roels „„ Amy Stein „„ Maneesh Garg „„ Old Mutual „„ Laura Foote 6

Ashoka’s programs: offerings to Fellows beyond the stipend Ashoka’s Law For All: security and legal support for Fellows Working with a global network of lawyers, policymakers, business entrepreneurs, and human rights organizations, Law for All is building a world in which everyone may enjoy equity, justice, and social inclusion as full citizens. We reach across countries and across sectors to strengthen human rights, democratic spaces, and good governance.

Ashoka’s Changemakers: open sourcing solutions through online compeitions

BETTY MAKONI Impact: Betty’s Girl Child Network interrupts the cycle of discrimination and violence against girls in Zimbabwe. GCN offers school-based support groups, legal aid for victims of abuse, trauma counseling, and advocacy campaigns reaching 30,000 girls across 45 rural districts. Threat: Betty faced repeated threats of rape, murder, and imprisonment and was twice detained by police prior to Zimbabwe’s March 2008 presidential elections. Ashoka has helped Betty sustain her work from outside Zimbabwe until the political situation stabalizes.

Ashoka’s Youth Venture™: building a movement of young changemakers Ashoka’s Youth Venture inspires and invests in teams of young people aged 12-24 to create and launch their own sustainable “Ventures” – youth-led projects, groups, and organizations that strive to solve social problems. To date, YV has launched 2200 Venture teams 11 countries, engaging more than 35,000+ youth.

Ashoka Fellow Dr. Adrian Mukhebi Winner of Banking on Social Change Changemakers Competition

By facilitating the flow of information between small-scale farmers and commodity markets, Adrian Mukhebi is increasing farmers’ negotiating power and improving rural food distribution and household food security.

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Zaks, the leader of Township Glory, uses the arts to inspire, encourage and empower the youth of Orange Park, a Johannesburg township. From slam poetry to dance and theater, every young person in attendance at Township Glory workshops has a role to play.

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Ashoka’s impact in Africa: how we measure our effectiveness Ashoka Fellows operate in diverse fields and with a broad spectrum of goals, making it difficult to describe their impact with one common set of measurements. Nonetheless, Ashoka’s Measuring Effectiveness program has developed a system of proxy indicators that reflect Fellows’ roles in transforming their societies. Ashoka conducts a study focusing on the classes of Fellows elected five and ten years prior. The study includes a comprehensive self-response survey sent to all Ashoka Fellows elected in a given year, complemented by a series of in‑person interviews with a cross-section of survey respondents.

IMPACT INDICATORS IN AFRICA „„ Dedication to Original Vision 87% remain engaged in consolidating and spreading their innovations.

„„ Independent Replication 81% have proven their ideas to be so effective that their work has been replicated by independent groups or government organizations.

„„ Policy Influence Two men are building an innovative roof structure structure in South Africa.

100% report influencing policy on some level (local, state, or national) and 69% report influencing national policy change.

An example of policy influence in Africa PRINCESS OLUFEMI-KAYODE Princess works to prevent and respond to child sexual abuse in Nigeria. To supplement the weak response from the medical and law enforcement systems, Princess has built a national hotline and network of crisis centers. Princess has sought out strategic partnerships with government agencies, both to gain their support and to influence their policies. Now, government hospitals refer cases to her and the Ministry of Justice is offering pro bono legal services to victims. As her influence grows, Princess is opening crisis centers in new areas, developing new educational materials on preventing and responding to sexual violence, and designing a new intervention to support families who prosecute sexual offenders. E V E RYO N E A C H A N G E M A K E R

“Google is a company that believes deeply in entrepreneurship. And this is a company that believes deeply in the power of information. We don’t think there’s another organization that combines these two things in a more compelling way than Ashoka. ” --Sheryl Sandberg, former Google Executive and current Facebook COO

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What we are working on: Africa by Region Africa currently offers a strategic and historic opportunity for Ashoka and our partners to bring our collective innovations and resources together to accelerate the pace of the African Renaissance. Ashoka strives to create sophisticated programming in Africa which takes into consideration major trends and elements needed to advance change in countries with varying levels of citizen sector development with unique socio-historical, economic and political landscapes. East Africa is expanding its networks in Tanzania and forging relationships with new partners in an effort to grown our Tanzanian Fellowship. Our Nairobi office is hosting a number of site visits with Young President’s Organization members and international investors this year. Search and selection of Fellows working on human rights and conflict resolution in Uganda and Kenya remain a priority as we help to mitigate ethnic and political conflict in the region. Expansion plans for Rwanda and Ethiopia are on the horizon to extend our reach in East Africa. Ashoka in Nigeria is enhancing sustainability and capacity building offerings to its Fellows. We are also reinvigorating search and selection efforts for new Fellows and strategic relationships in Ghana and Cameroon. In FY09, Nigeria will play host to a Pan African New Fellow Orientation and Induction where we will convene over 100 Fellows, strategic partners and staff to introduce our newly elected Fellows to the world of Ashoka. SahelWest Africa is bringingYouthVenture to the region and empowering youth people to start community projects. Regional fellowship chapters in Mali, Senegal, Burkina Faso and the Gambia are actively growing and creating communities of changemakers throughout French speaking West Africa. Southern Africa is focusing on expanding strategic partnerships and building on the successes of the launch of Youth Venture. We continue to elect Fellows who are tackling HIV/AIDS in the region and fostering regional collaborations around innovations in education and health.

Where we’re going: our 5 year plan #1: Building a Critical Mass of Social Entrepreneurs

#2: Supporting and Spreading New Ideas

„„ Identify emerging areas of innovation „„ Elect advanced-stage entrepreneurs (Senior Fellows) who can contribute their experience and strategic thinking „„ Grow selection capacity to fully cover current countries and expand to new countries

„„ Connect African Fellows to each other „„ Connect African Fellows to their peers around the world „„ Launch Health Initiative that spreads globally the most effective ideas in healthcare delivery

#3: Designing New Ways to Sustain Innovation

#4: Changing the Discourse

„„ Build strategic partnerships with other sectors „„ Roll out Citizen Base Initiative to East and West Africa „„ Help Fellows broaden their local stakeholder base

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„„ Disseminate Pan-Africa Ashoka Newsletter „„ Conduct strategic events to introduce entrepreneurship to various stakeholders

social

„„ Build and implement a media/marketing strategy

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“[Social entrepreneurship is] one of the most hopeful and helpful trends around. These folks aren’t famous, but they are showing that what it really takes to change the world isn’t so much wealth or power as creativity, determination, and passion.” - Nicholas Kristof, New York Times Columnist

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Let’s reach our goal together In FY09, Ashoka seeks to elect 30 new Fellows and support the work of the more than 350 Fellows we have elected in Africa. We seek $3 million to finance new innovations and collaborations in Africa’s citizen sector. We believe that your contributions to the Fund, combined with Ashoka’s nearly 30 years of experience and hard-earned management capacity, offers the most highly leveraged opportunity for change in Africa.

What’s the value of your investment? What we’ll accomplish together in Africa

You will receive

$3 Million Elects 30 new Fellows

OUR GOAL!

Invest $100,000 - $3 million The below benefits plus: „„ A personal engagement strategy for you or your organization with Ashoka Africa staff, partners, and Fellows

$350,000

Elects 10 new Fellows Ashoka Collaboration*

Invest $50,000 - $99,000 The below benefits plus:

$150,000 Elects 3 new Fellows

„„ Opportunity to engage with and mentor Fellows „„ Invitation to participate in annual Africa Fund investors meeting „„ Opportunity to consult with Ashoka Africa Staff and Director as requested

Induction and Orientation*

$100,000 Elects 2 new Fellows Graduation Ceremony*

Invest $5,000 - $49,000 „„ Annual report on social entrepreneurship in Africa „„ Invitations to Ashoka Fellow gatherings in Africa „„ Invitations to participate in Ashoka’s trips to see Fellow projects in the field

$50,000 Funds 1 year stipend cost for 1 Fellow

„„ Opportunity to nominate social entrepreneurs for Ashoka Fellowship

$30,000 Funds 1 year stipend cost for 1 Fellow

Induction and Orientation*

$5,000

Funds Ashoka Fellow Collaboration*

$3,500

Provides emergency funds for Fellows working in dangerous countries

*What’s an Ashoka Collaboration?

*What’s an Induction and Orientation?

*What’s a Graduation Ceremony?

Ashoka Collaborations provide opportunities for Fellows to convene to share knowledge and best practices to flatten their learning curve and improve their ideas.

Induction ceremonies introduce Ashoka Fellows to the community, to business entrepreneurs, and to local mentors ready to assist them as they embark in their new venture. During orientations Fellows are brought together for the first time to meet as well as learn about Ashoka’s programs and services.

Graduation ceremonies celebrate the work of Fellows over their 3 years on stipend. Training sessions complement the ceremony to give Fellows the tools and resources to ensure their ideas and organizations remain sustainable and effective for long-term scaled impact.

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Ashoka’s leadership team & the Africa team Leadership team

The Africa team LEILA AKAHLOUN

WILLIAM DRAYTON Founder and CEO Bill Drayton is the founder and CEO of Ashoka. Before founding Ashoka, Bill Drayton was the Assistant Administrator of the U.S. Environmental Protection Agency from 1977 to 1981. Elected a MacArthur Fellow in 1984, he has also founded Get America Working, Community Greens, and Youth Venture. Mr. Drayton worked with McKinsey & Co. and taught at Stanford Law School and the Kennedy School of Government.

DIANA WELLS President Dr. Diana Wells, President of Ashoka, joined the organization in the 1980s and created one of Ashoka’s core programs, Fellowship Support Services, (now Fellowship) which not only supplied Ashoka’s social entrepreneurs with a wide array of information, resources, and services, but at the same time connected them to one another and their ideas globally. Diana returned to Ashoka after her PhD to provide leadership for the worldwide process of sourcing and selecting leading social entrepreneurs as Ashoka Fellows. Her Ph.D. is from New York University (2000), her undergraduate degree in South Asian Studies is from Brown University (1988) and she was named both a Fulbright and Woodrow Wilson scholar.

SUSHMITA GHOSH President Emeritus Sushmita Ghosh directs the highest levels of Ashoka programs for top business entrepreneurs and leads both the Global Academy for Social Entrepreneurs and Changemakers. Sushmita graduated at the top of her class at the University of Dehli. She served as Subeditor, Research Director and Executive Director of Maneka Gandhi’s national Indian news magazine Surya from 1979 to 1982. She then started her family and moved on to a successful career as a freelance journalist. Sushmita served as Ashoka’s country representative for India from 1989 to 1997. Sushmita also founded Changemakers, a magazine for social entrepreneurship in 1992, now Changemakers.net website. Subsequently, Sushmita became International Vice President of Ashoka and Executive Director of Changemakers and then Ashoka President. E V E RYO N E A C H A N G E M A K E R

Integrator, Africa Programs

Leila joined Ashoka in 2003 as a Development Associate and later transferred to the Venture team to work with selection of Fellows in Africa and to help launch Ashoka’s program in the Middle East. Leila is currently based in South Africa with the Global Venture team and is responsible for the integration of programming in Africa.

ABU MUSUUZA

Program Associate, East Africa

Since joining Ashoka, Abu has developed a keen interest in the role of business in development. Tapping from his extensive knowledge in Social Work and Social Administration, he works on initiatives that help businesses in East Africa to see corporate responsibility as a partnership, rather than a donation.

LESLEY AGAMS Regional Representative, West Africa

Lesley has worked with legal and justice issues

in Nigeria for several years. She founded the LIFT Foundation that provided skills training to street children and coordinated Democracy Watch, an election monitoring group. Lesley also set up a company to provide socially responsible public/private sector collaborations and has contributed to the work of the Nigerian Presidency, Nigeria National Park Service, and Nigerian Association of Women Entrepreneurs.

COUMBA TOURÉ Regional Rep., Sahel West Africa Coumba is an educator, change-maker, and artist. She writes and publishes children’s books, using them to build a community that supports young people in creating their own learning tools and social change projects. Coumba focuses on popular education as a means to spread social justice and has been instrumental in facilitating hundreds of educational workshops worldwide on gender, race, economic justice, AIDS, and advocacy.

VERNIE CHETTY Regional Rep., Southern Africa

For 20 years Vernie has worked in the citizen sector for social upliftment and the advancement of human rights.A dedicated advocate for women’s empowerment, she set up spousal abuse centers in black, disadvantaged communities in Kwa-Zulu Natal, South Africa. She brings to Ashoka a strong fundraising and social justice background, as well as numerous regional networks to help advance our programming in Southern Africa and the African continent. 12

What will your investment support? Contributions made towards this fund will be used only for such purposes substantially in accordance with the proposed description and budget. Ashoka will, when feasible, deposit the funds in an interest-bearing account which is a member of the FDIC or investment firm which is a member of the SIPC. Disbursement of funds relies on the input of Ashoka’s Leadership Team and senior staff member during the finalization of Fellow elections. Ashoka plans to disburse funds raised annually. Should Ashoka reach its annual target, we will book any additional funds against future annual targets. Furthermore, depending on global needs and subject to senior leadership’s judgment, Ashoka reserves the right to reallocate up to 10% of the funds raised to the election and support of Ashoka Fellows in other country programs. This is vital to the success and sustainability of Ashoka’s operations due to the volatility and uncertainty of fundraising; it ensures that Ashoka Fellows have a strong base of resources and funding around the world. Regarding Fellow stipends, the largest financial commitment of this fund, Ashoka books the entire three-year commitment in year one as to ensure we never default on our commitments to Fellows. Cash disbursement of stipends will be conducted on an annual basis. Any funds, and any earned income thereon, remaining after current fiscal year expenditures are met will be maintained in the fund to continue the expansion of the purposes of this proposal in the following fiscal year. Ashoka will maintain accurate records of all revenue and expenses incurred as part of this fund and keep records on site for at least four years after the completion of any given fiscal year. Funds will not be used: (1)To conduct lobbying or otherwise attempt to influence legislation (within the meaning of Internal Revenue Code Section 4945 (d)(1)) (2)To influence the outcome of specific public election or to carry on, directly or indirectly, any voter registration drive (within the meaning of Internal Revenue Code Section 4945(d)(2)) (3)For purposes other than charitable, scientific, or educational (within the meaning of Internal Revenue Code Section 170©(2)(B).

Annual Report At the end of each fiscal year of disbursements Ashoka Africa will disseminate a report to all investors in this fund. This will include financial and narrative reports to celebrate the impact of this investment. It will include a synopsis of Ashoka’s work in Africa as well as summaries of the work of the Fellows supported by this Fund. Summaries of the Ashoka’s global operations will also be included. Ashoka’s search and selection process is designed to source and screen new entrepreneurs with paradigm shifting ideas. It also comprehensively mitigates uncertainties through program efficiency, due diligence and considers longterm viability, and replication potential. Our process identifies Ashoka Fellows who represent the apex of the field of social entrepreneurship. Ashoka’s fiscal year closed August 31, 2008. Audited financials for FY2008 have recently been completed. Ashoka uses the accrual method of accounting.We are audited annually by Cleveland & Gotliffe, a Virginia CPA firm. The annual budget is approved by the leadership team, and then by the Board of Directors. Ashoka is registered as a 501(c)(3) charitable organization in the US. Our tax ID number is 0255908. Ashoka’s most recent audit and 990 are available upon request.

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Contact Information and Gift Processing For more information on Ashoka’s Fund for Social Change in Africa please contact Leila Akahloun at [email protected] In the United States your donation is tax-deductible because Ashoka is recognized by the IRS as a non-profit organization under Sec. 501(c)(3) (Tax ID # 51-0255908).Your payment and personal contact information will be kept strictly CONFIDENTIAL and will NOT be shared with any other party or mailing list. We have arranged multiple options for payment for your convenience:

Checks Make Checks payable to Ashoka and send to: Attn: Ashoka Fund for Africa 1700 North Moore Street, Suite 2000 Arlington,VA 22209-1929 USA

Online

Stock

Pay online by debit or credit card at www.ashoka.org and then communicate your intent of supporting this particular fund to David Stoker at invest@ashoka. org with your name and date of contribution.

For stock donations please visit: www.ashoka.org/stockdonations

Wire Transfer If you would prefer to make a wire transfer to Ashoka please use the following information and contact Ashoka to notify them of the wire: Receiving Bank: ID Type: US ABA Number ID: 021000089 Name: Citibank, NA Address: 3900 Paradise Rd, Ste, 127 City: Las Vegas State: Nevada Country: United States

If you have any difficulty with your donation, please contact [email protected] or call 703-527-8300 x339 E V E RYO N E A C H A N G E M A K E R

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“Ashoka is a great global organization, built on a brilliant idea. It picks up social innovator when they themselves don’t know what great changes they can bring. That’s the stage when budding innovators need the support most. Ashoka helps pool local innovations into global solutions.” Muhammad Yunus, Founder Grameen Bank, 2006 Nobel Peace Prize Winner

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