The story of the Margaret McNamara Memorial Fund
Baldwin, Harriet
The story of the Margaret McNamara Memorial Fund (MMMF) is a success story. The idea of providing financial assistance to women from developing countries took form in late 1980. By June of 1993 it had grown into a small foundation with a viable management structure, an endowment approaching a half-million dollars, and a workable system for selecting grant recipients. The success of the MMMF is measured in the recipients of its grants, so the story begins with two of them. It then moves to the beginning of the fund, to Margaret McNamara herself and the founders of the MMMF, and traces the work of the many women who have guided the MMMF through the first twelve years of its life. Then it reviews the fund-raising activities that produced the endowment and discusses its management. Finally, it sketches the process by which grant recipients are selected, refocusing attention on the stories it started with.
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