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Press Release: D.E.F. Selects Its First Beneficiary in India

Mar 11, 2015 3:44 PM   By D.E.F.
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Press Release: The Diamond Empowerment Fund (D.E.F.) has approved a $50,000 grant to Veerayatan, the first educational institution in India to receive funding from D.E.F. Veerayatan was chosen because of how its innovative approach to education improves the quality of life for its students.

“Veerayatan is a model for encouraging the development of responsible citizens who are educated, have strong integrity and a motivation to give back to their community,” said Sadhvi Shilapi ji.  

Benjamin Chavis Jr., the senior strategic advisor for D.E.F., said, "Veerayatan epitomizes the convergence of excellence in education with holistic sustainable development. This institution is making a positive transformative difference in India.”

Chavis, along with D.E.F.'s executive director, Nancy Orem Lyman and diamantaire Dilip Mehta, a D.E.F. board member and the CEO of Rosy Blue, met with officials of the school and saw first-hand how the Veerayatan approach to education was making a difference in the quality of life of thousands of students.

At a welcoming ceremony for the D.E.F., students from the Veerayatan College of Engineering, College of Pharmacy and College of Business Administration gave their inspiring stories of overcoming adversity with the promise and opportunity of a quality higher education.

Mehta, who was moved by the intensity and passion of the students, made an on-the-spot commitment to match D.E.F.’s donation to the school for this year and all subsequent years, bringing the total donation to $100,000 in 2015.

Mehta said, “I just felt in my heart…and my mind…that this was the absolute right decision to make. Empowering young people from diamond communities through access to higher education has been D.E.F.’s mission from the beginning. What bigger community than that found in India where nine out of 10 diamonds in the world are cut and polished.”
Two students from Veerayatan will make the journey to D.E.F.’s Diamonds in the Sky Las Vegas event on May 28 to celebrate the importance of education and to salute the global achievement of Prime Minister Modi, the government of India and the people of India, who are being honored by D.E.F. at the event.

Phyllis Bergman, D.E.F.'s board president, said, “I couldn’t be more thrilled to welcome this very deserving organization as the Diamond Empowerment Fund’s first beneficiary in India. Diamonds truly do good.”

Veerayatan joins existing beneficiaries, African Leadership Academy, Botswana Top Achievers Program and CIDA City Campus.

Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.


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Tags: beneficiary, d.e.f., Diamond Empowerment Fund, diamonds, India
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