Kathmandu: Barbara Foundation has denied claims linking it to the Gen-Z movement, stating that it has no involvement in any political or financial maneuvering.
In a press release, the foundation clarified that it had only collaborated with the organization Hami Nepal during the COVID-19 pandemic and has no financial ties with it.
Founded by American citizen Barbara Adams, who spent most of her life in Nepal and donated her personal wealth to establish the foundation, the organization focuses on awarding investigative journalism prizes, running fellowships on environment, nature, culture, and heritage conservation, and hosting talk series.
The foundation stated that it has so far organized dozens of talk series, honoured 87 health workers during the COVID-19 pandemic, and awarded journalists for outstanding investigative work.
Financially, the foundation reported having received approximately Rs 28.8 million from Barbara Adams, which has already gone through due legal process. It emphasized that its main endowment is sustained through contributions from Nepali donors.
Over the past eight years, it has received around Rs 78.2 million, including interest income, of which Rs 36.4 million has been spent on programmes and administrative costs. The foundation currently holds Rs 39.5 million in bank deposits, with detailed financial reports available on its website.
In the statement, the foundation paid tribute to the young lives lost in the Gen-Z movement, expressed condolences to the bereaved families, and voiced sorrow over the damage inflicted on national property during the protests.
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