George Harrison founded the Material World Charitable Foundation, or MWF, on 26 April 1973, close to two years after he had organised
the Concert for Bangladesh in New York as a benefit for refugees of the
Bangladesh Liberation War. As effective as this relief effort had been in raising awareness in the Western world and helping to stop the war between what was then
West and
East Pakistan, the revenue it generated for the refugees had been denied
tax-exempt status in America and the UK. In addition, up to $10 million of the funds remained in
escrow, subject to an
IRS audit. Speaking to British DJ
Nicky Horne, Harrison recognised that the existence of a foundation or trust in 1971 would have ensured that all the revenue had reached
UNICEF immediately, but that "there was no real planning [for the Concert for Bangladesh] … it was an emergency." To fund the MWF, Harrison donated his copyright for nine of the eleven songs on the album, ensuring a
perpetual stream of income through his publishing royalties. The album enjoyed considerable commercial success, topping America's
Billboard chart for five weeks, and produced one of Harrison's most popular hit songs, "
Give Me Love (Give Me Peace on Earth)". Harrison similarly assigned to the MWF his copyright to "
Sunshine Life for Me", a track he recorded with
Ringo Starr for the latter's
Ringo album, another bestseller over 1973–74. For the foundation's logo, Harrison used an adaptation of the traditional
Om symbol in
Devanagari, as it appeared on the artwork for
Material World and his subsequent album,
Dark Horse (1974). According to the stated mission of the Material World Charitable Foundation, its purpose is twofold: to serve as a
charitable organisation making donations to various causes, and to sponsor and encourage artistic endeavours and "alternative life views and philosophies". During the same conversation with Horne, in August 1974, Harrison explained that, as with his recently launched
Dark Horse record label, his inspiration for the foundation was similar to what
the Beatles had intended for their
Apple organisation in 1968: "a foundation in which we could help [people]". whereas otherwise, to donate £10 he had to earn at least ten times that amount. ==Activities==