New Wave Foundation

Channeling resources towards high-impact charitable initiatives

  1. Introduction

New Wave Technologies (NWT) Limited is committed to corporate social responsibility (CSR) and giving back to society. As part of this commitment, NWT is establishing the New Wave  Foundation, NWT’s philanthropic arm dedicated to supporting vulnerable individuals and communities. The foundation is a structured and sustainable platform to channel resources toward impactful charitable initiatives.

  1. The objectives of the foundation are as follows:
  • To support vulnerable individuals and communities through targeted charitable interventions.
  • To widely mobilize resources for sustainable social impact.
  • To conduct annual charity exercises in alignment with NWT’s corporate values
  • To foster a culture of giving and CSR within and beyond NWT
  1. Annual Charity Event
    The foundation will conduct one major charitable initiative each year as part of the Annual NWDay commemoration. This initiative may include but is not limited to:
  • Educational support programs (scholarships, school supplies, infrastructure improvements).
  • Health and wellness initiatives (medical camps, provision of essential medicines, sanitation projects).
  • Community development projects (water access programs, housing support, livelihood empowerment).
  • Emergency relief efforts in times of crisis or disasters.
  1. Fundraising
    The foundation will be funded through:
  • Regular contributions from NWT.
  • Donations from employees, well-wishers, and corporate partners.
  • Fundraising events and grant applications to support various initiatives. A transparent financial management system will be in place to ensure accountability and maximize impact.
  1. Governance and Management
    The NWT Foundation will be managed by a Foundation Director, who will oversee its operations. The Foundation Director will be announced soon. A governance framework will be established to include an advisory board and project coordinators to ensure efficiency and transparency.

NWT looks forward to working with partners, well-wishers, and stakeholders to achieve this noble mission.