Friday, March 26, 2010

Henry Kravis Prize awarded to Pratham

KKR, led by Henry Kravis, does more than just broker some of the world's biggest deals. Every year, the Henry Kravis Prize in Leadership recognizes innovations in nonprofits. Pratham, India’s largest education nonprofit, was awarded $250,000

Pratham has reached 34 million children across India through its Read India program, which works with governments and communities to improve the reading, writing, and basic arithmetic skills of children aged 6-14.

“We are delighted that a very high profile selection committee picked us after a thorough process without involving any of the organizations in the running, Of course, the award is for what we have done in the past and there are many bigger challenges ahead,” said Madhav Chavan.


Past honorees for the Henry Kravis Prize include Roy Prosterman, founder of the Rural Development Institute; Fazle Abed, founder of BRAC, the Forum for African Women Educationalists (FAWE), and Dr. Sakena Yacoobi, founder of the Afghan Institute of Learning.