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Selection criteria for projects

Our criteria for supporting projects are as follows (excerpt):

  1. We emphasise involving all interested parties (beneficiaries, users, public authorities in the sense of a ‘PPP - public & private partnership’, sponsors, the foundation) – Water for Life is a two-way street; we do not distribute money, we plan, develop and deliver tangible results.
     
  2. We work at the same level as interested parties: Mutual transparency, respect, tolerance and "leading by example" are central to the projects.
     
  3. The projects that we carry out are monitored and managed by the Board of Directors, even after they are completed and in operation - we do not lose sight of the purpose of the Foundation funds.
     
  4. We invest funds in projects with a model character which set an example for third parties. We aim to provide an incentive to ‘help people help themselves’, we do not aim to create dependency.
     
  5. Water for Life projects should lead to a significant and demonstrable improvement in the quality of life for people, animals and plants - this is not an exercise which is an end in itself.
     
  6. We provide regular updates about the success of projects on our website: we archive accounts for our donors; tracing how funds are used is essential and complete transparency a must.
     
  7. Members of the Board of Directors and Advisory Board work without financial compensation, only strictly project related expenditures and those previously approved are reimbursed.
     
  8. We invest in projects which have a high chance of sustainability - ‘bottomless pits’ are not our thing.
     
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Water for Life Foundation
Gartenstrasse 95
Postfach
CH-4052 Basel