As Devex continues with its primers on the world’s largest philanthropic organizations, we now take a deep dive into the Oak Foundation, focusing on its largest grantees in low- and middle-income countries — their works and the grants they won from the foundation.
The Oak Foundation was established in 1983 by British billionaire Alan Parker, who was one of the major shareholders in the Duty Free Shoppers chain of stores.
From its early grants to single mothers and torture victims in Denmark and vulnerable families and children in Zimbabwe, the Oak Foundation has since expanded both geographically and sectorally.