- The MMMF was founded in 1981 in memory of Margaret
Craig McNamara by members of the World Bank Family
Network (WBFN) in recognition of her life-long
commitment to women and children worldwide and her
advocacy for education.
- For more than three decades the Fund has awarded
over 250 educational grants to women from low and
middle-income countries, steadily increasing number
and size of grants annually; from its first grant in 1983 to
24 grants in 2014.
- The MMMF is nonprofit, public charity and an allvolunteer
organization receiving ongoing support from
the World Bank, dedicated MMMF Board members and
hundreds of volunteers from WBFN.
- Funding for the MMMF comes from the MMMF Annual
International Arts and Crafts Fair, generous donations
from World Bank Group staff and retirees and major
contributors: The Margaret and Robert McNamara
Foundations, The Bank-Fund Staff Federal Credit
Union, The Zlaoui Family, and other corporations and
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