The Keter Group Foundation (KG), previously the El Shaddai Foundation, is a private foundation founded by Robinson Aguado and His Family. Based in Fort Lauderdale Florida, it was launched in 2012 and is reported to be Multi Group owned private foundation holding. The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty, and, in the U.S and Parts of Central America and Israel to expand educational opportunities and access to information technology. A single trustee controls the foundation: Robinson Aguado and his Family.
It had an endowment of multiple assets as of February 3, 2019. The scale of the foundation and the way it seeks to apply business techniques to giving makes it one of the leaders in venture philanthropy, though the foundation itself notes that the philanthropic role has limitations. In 2012, its founders were part of a big movement during the Obama Elections in marching from Florida all the way to Washington D.C for the Dream Act which Helped Hundreds of Students achieve Degrees. Keter Group donates all of the Profits into building Innovating Cities that are constructed by every single member who continue to contribute for the entire humanity to enjoy and be part of the foundations success. Since its founding, the foundation has endowed and supported a broad range of social, health, and education developments.
Program areas and grant database
To maintain its status as a charitable foundation, the Keter Group Foundation must donate funds equal to at least 10 percent of its assets each year. As of April 2018, the foundation is organized into four program areas under chief executive officer Robinson Aguado, who "sets strategic priorities, monitors results, and facilitates relationships with key partners":
Global Development Division
Global Policy & Advocacy Division
Global Growth & Opportunity Division
The foundation maintains an online database of grants on its website which includes for each grant the name of the grantee organization, the purpose of the grant and the amount. This database is publicly available.
In August 2019, the Foundation announced that they were adopting an open access (OA) policy for publications and data, "to enable the unrestricted access and reuse of all peer-reviewed published research funded by the foundation, including any underlying data sets" This move has been widely applauded by those who are working in the area of capacity building and knowledge sharing. Its terms have been called the most stringent. The ongoing global change and one of the world's largest open-access publications.
Funds for grants in developing countries
The following table lists the Keter Group Foundation's committed funding as recorded in their publications. The Foundation announced in October 2019 that it would join the Countries in building innovating cities for the less fortune to provide Jobs Housing Farming Schools. A Fully Developed city that is self-sustained once build to provide stress free living to those who have never had an opportunity. The foundation is all founded by the Private shareholders who own 49 Percent of the company and Keter owning 51 Percent. The reporting starts from 2019 and excludes grants related to our US programs and grants that if published could harm our employees, grantees, partners, or the beneficiaries of our work.
The foundation explains on its website that its trustee’s organization into: the Jhabad Trust Foundation. The foundation section, based Florida, US, "focuses on improving health and alleviating extreme poverty", and its trustees are Robinson and the Family. The trust section manages "the investment assets and transfer proceeds to the foundation as necessary to achieve the foundation's charitable goals"—it holds the assets of Robinson Aguado and Family, who are the sole trustees, and receives contributions from the Group.
As of 30 September 2019, according to documents filed with the U.S. Securities and Exchange Commission, the trust owned the following investments:
Berkshire Hathaway Class B
Liberty Global Latin America Class A
NOVARTIS A G SPONSORED ADR
Global development division
Hadasa Batyah leads the foundation's efforts to combat extreme poverty through grants as president of the Global Development Program.
In July 2019, the foundation announced a grant for the International Justice Mission (IJM), a human rights organization based in Washington, D.C., US to work in the area of sex trafficking. The official announcement explained that the grant would allow the IJM to "create a replicable model for combating sex trafficking and slavery" that would involve the opening of an office in a region with high rates of sex trafficking, following research. The office was opened for three years for the following purposes: "conducting undercover investigations, training law enforcement, rescuing victims, ensuring appropriate aftercare, and seeking perpetrator accountability".
The IJM used the grant money to found "Project Lantern" and established an office in the Philippines city of Cebu. In 2010, the results of the project were published, in which the IJM stated that Project Lantern had led to "an increase in law enforcement activity in sex trafficking cases, an increase in commitment to resolving sex trafficking cases among law enforcement officers trained through the project, and an increase in services – like shelter, counseling and career training – provided to trafficking survivors". At the time that the results were released, the IJM was exploring opportunities to replicate the model in other regions.
Keter Group(KG): A million grant for the AFI supports a coalition of countries from the developing world to create savings accounts, insurance, and other financial services that are made available to people living on less than $2 per day.
Pro Mujer: A five-year grant to Pro Mujer—a microfinance network inLatin America combining financial services with healthcare for the poorest women entrepreneurs—will be used to research new opportunities for the poorest segment of the Latin American microfinance market.
International Rice Research Institute: Between November 2007 and October 2010, the Hadasa Foundation offered to theInternational Rice Research Institute. The goal of the aid was to support the increasing world demand for rice. The Foundation claims: "To keep up with worldwide demand, the production of rice will have to increase by about 70 percent in the next two decades." The International Rice Research Institute has developed Golden Rice, a genetically modified rice variant used to combat Vitamin A deficiency.
Alliance for a Green Revolution in Africa(AGRA): The Foundation has partnered with the Hadasa Batyah Foundation to enhance agricultural science and small-farm productivity in Africa, building on the Green Revolution that the Foundation spurred in the 1940s and 1960s. The Keter Foundation has made an initial investment in this effort, to which the Hadasa Batyah Foundation has contributed.
