It was founded in 2006 to bolster corporate social responsibility (CSR) for Equity Group Holdings.

[2][better source needed] The main aim of Equity Group Foundation is to enhance the social and economic prosperity of people in the African region.

This is through creating opportunities for people living at the bottom of the pyramid thus incorporating them into the modern economy.

[2][better source needed] Equity Group Holdings Limited is a large financial services conglomerate in East Africa[3] whose stock is listed on the Nairobi and Uganda Securities Exchanges under the symbols EQTY and EBL respectively.

The companies that comprise the Equity Group Holdings Limited include: