We believe that business is the most powerful vehicle that can be used to change the world. And we want to prove it.
We believe that business is the most powerful vehicle that can be used to change the world. We want to prove it.
In the next three years, we intend to:
- Open 436 PLUS Pods for 15,000 children.
- Send 1,500 young Australians through Globe.
- And do all of this, sustainably.
The 40K Group consists of:
40K Foundation - Runs an after-school education program for children in rural India - currently supported by 40K Globe and 40K Consulting. Families in rural India who send their children to PLUS pay $4/month, however, we aspire to get the setup costs, which are sponsored by the Foundation to be covered by social business income streams.
40K Globe - Runs a one-month social entrepreneurship program open to students and career-breakers to learn about life in India with the main goal of creating a useful, sellable product or service using only local resources. Globe is a for-profit business that subsidises the overhead costs of the 40K Foundation.
40K Consulting - Works with young professionals in big businesses to promote the benefits of shared value. This revolutionary program encourages people to seek out inventive opportunities where making money and 'doing good' can be successfully united.
Our aim is to continue to be sustainable and scaleable in order to reach as many children as possible. Education is a powerful tool and has been proven to lessen the effects of poverty, especially in the developing world.
Australian Social Enterprise Award 2014
Knowledge Works Global Business Concept Challenge 2nd Place at Virginia Tech in the USA in July 2013.
Australia-India Friendship Award March 2013
Clary Castrission, our CEO, has been awarded:
- The Commonwealth Day Award for Citizenship (2009);
- Was one of three Young Australian of the Year State Finalists (2011).
The 40K Foundation was formed in October 2005 by founders Clary Castrission (then 22) and Karyn Avery (then 20).