The Foundation launched it’s Portfolio Opportunity Fund in summer 2024. Through the fund, the Foundation partners with software companies in the Hg portfolio on projects which forward our mission of helping under-represented groups access education and careers in tech. 

The Hg portfolio employs around 100,000 individuals. The Foundation is keen to build on the portfolio’s expertise, ideas, and energy to widen the talent pipeline into the sector – and to help turbocharge portfolio companies’ own charitable and access-focussed programmes. To date, seven partnerships have been supported through the fund, totalling £440,000 in grants from The Hg Foundation and leveraging a further £540,000 from portfolio companies.  

The IFS Foundation works in partnership with remote, rural communities throughout Sri Lanka to help break the cycle of poverty. The Foundation invests in public health, employment and school infrastructure, enabling sustainable, thriving communities and giving children access to a decent education. 

The Hg Foundation’s £64,000 grant will support the creation of a computer lab and staff training to deliver IT and STEM classes in the village of Weralugahamula. The creation of a computer lab forms part of a wider program of work to rebuild the entire school, increasing school participation up to age 18 and creating a safer learning environment. The lab will help students acquire computer literacy and build STEM skills, creating pathways to access high-quality tech jobs in future.