Nimmagadda Foundation
Encyclopedia
Nimmagadda Foundation is a philanthropic initiative of Mr. Nimmagadda Prasad
Nimmagadda Prasad
Nimmagadda Prasad, is an Indian serial entrepreneur, the founder and Vice Chairman of Matrix Laboratories, Chairman of MAA TV and VANPIC. Mr. Prasad is often addressed as "Matrix Prasad" or "MAA Prasad" in the social circles....

, the Chairman of VANPIC Group. With major contributions by Prasad, in his personal capacity, Nimmagadda Foundation was set up to work in areas like healthcare, education, life skills improvement and community development. The foundation seeks to work in collaboration with non-profit organizations and other likeminded NGOs.

The foundation firmly believes that the society would flourish only when the benefits of economic growth percolate down the line to the less privileged segments of the society. It is not about giving charity but about building sustainable communities that are enabled and empowered in the long run. Drishti(Vision), Hrudaya(Heart), Arogya(Health), Vidya(Education), Nypunya(Skillset) and Parirakshna(Restoring) are the core areas that the Foundation is currently working in. The Asian Institute of Gastroenterology, CARE Hospitals and LV Prasad Eye Institute are key partners in the initiative.

In 2010, Nimmagadda Foundation donated to TeachAIDS
TeachAIDS
TeachAIDS is a nonprofit organization that develops HIV prevention education technology materials, based on an approach invented through research at Stanford University.The TeachAIDS software has been cited as a model health intervention...

to fund the creation of new state-of-the-art HIV/AIDS education for India.
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