Srini
give, share, love
providing
opportunities to the deserving
A
REPORT ON
TRUST
ACTIVITIES
March,
2018
by
S. Ramanan, Trustee
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|
Srini
Educational & Charitable Trust
West
Mambalam, Chennai
Introduction:
Srini Educational & Charitable Trust is a non-religious, public
charitable trust, brought into existence on 21st April 2016, by means of a Deed
of Trust, registered in the office of the Sub Registrar, Thyagaraya Nagar
Chennai.
The Object of the Trust is
to uplift the socio-economic status of the poor/ needy/ uneducated/ downtrodden
people in general and particularly in the fields of education, skill
development, healthcare, eradication of poverty, improvement of morals.
Without prejudice to the generality of what is stated above, the Objects
of the Trust are all or any of the following:
·
To aid poor and deserving students for their studies provided
they show aptitude and right talent.
·
To start and run Skill development Centers to train the
students after completion of academic studies to fit then in suitable careers.
·
To start and run vocational classes either as accredited ITIs
or otherwise.
·
To build schools, colleges, hostels, as may be necessary to
upgrade the future generation and make people highly literate.
·
To impart education to illiterate elderly people thereby
improving their status in Society.
·
To efficiently propagate / fight for the prevention of all
kinds of exploitation of women and to provide rescue and comfort for the
affected women and to get them rehabilitated in the society in a dignified way.
·
To run old age homes for the elderly.
·
To cooperate with any other Charitable Organization, which
has similar, objects as our Trust and to give/ take donations or any other help
that are mutually agreed upon.
·
To collect funds and any other means of wealth and materials
for financing the activities of the Trust from the general public,
Institutions, foreign sources, donations/ grants from the government, public
Institutions and by conducting dramas, cultural programs, discourses, seminars,
etc.
·
To buy land, construct buildings and to buy all other
equipment’s, accessories, etc. for running successfully the activities of the
Trust more efficiently.
·
To help the people affected by natural calamities such as
flood, earthquake, fire, famine, risks of war, epidemic, train/air/road
accidents etc. and rehabilitate persons so affected.
·
To help mentally or physically retarded people wherever
needed.
·
And to carry on such other incidental/ supplementary
activities for purposes of accomplishing the above objects of the Trust.
The
Initial Scope of the Trust Object: the foremost object of immediate perusal is to “Aid and
support Students in the cause of Education”.
• To provide financial aid
to meritorious, needy and deserving students by covering their tuition fees,
book expenses, etc., for their Plus2 or College education.
• To provide scholarship
for bright and enthusiastic students from economically weaker families
(families with limited financial support).
• To provide Career guidance
by giving awareness of all the choices (educational courses) and the scope of
the choices available to them and to assist them in their college admission.
• To keep a track of their
performance (both academic and non-academic) and to monitor their progress.
• To counsel them if needed
and if some decline in performance is seen – advice/ motivate them to improve
performance.
Selection
Process: Spread word about educational trust and its scope of
objectives though website (blog), social media, tie-up with a few short listed
colleges, word of mouth/ referrals, etc.
• Receive application – directly from students or through references,
from Chennai and else-where, short list for deserving students based on
academic performance (merit), government school, first generation college goers,
community, parents’ occupation and family income. Collect bio-data/ details
along with copy of marks sheet (class X, XII or Higher), school conduct &
migration certificate, admission letter, any sports, appreciation or reference
certificate/ letter, community certificate, parent’s pay slip (letter from
employer or parent’s self-declaration), photo, ID and address proof.
• Personal Interview & House visit – short listed students called
for personal interview with parent or guardian. All required information/ data
checked and copies of documents submitted are verified against originals.
Assess the students attitude and willingness to study further, past performance,
family background, parents education, number of siblings & their education,
income of parents/ family, widow/ single parent, course preferred, college
preferred, total fee amount, etc. If required, House visit is done to assess
the information and verify the facts provided during interview.
• Selection is finalized based on the above socio-economic, academic
scoring, course & college selected, total fee amount, etc. Where required the selected student is assisted
during college admission.
·
Payment is made through cheque
and receipt collected.
Further Scope expansion will aim to cover –
Coaching for Competitive Exams, Skill development and Vocational training to
deserving and needy students/ persons to enable them to enhance their career or
job prospects.
The
inspiration and spiritual guiding force behind
this Trust is Late Shri R. Srinivasan (father of Trustee Shri S. Ramanan).
Shri R. Srinivasan hailing from a needy family was provided free
education and free boarding by Ramakrishna Mission Students Home, Mylapore, Chennai,
from where he passed out with a Diploma in Automobile Engineering - thus
started his desire to ‘aid and support needy students for education’.
From there he joined M/s Enfield India, as an apprentice and raised-up to
the rank of Regional Manager. Further on he became an entrepreneur and a
successful industrialist in the field of auto ancillary industry.
During his career and business year’s he was in close touch with
Ramakrishna Mission Home and was giving donations regularly and also collecting
& remitting donations from others. He has an endowment created at the Home.
In his later years he settled near his native village and started
providing free hostel and free boarding facilities to poor young students sent
from Ramakrishna Mission Home, he had upto 25 students at his hostel all
provided for from his own business income - till his untimely demise in 2010.
In pursuance and to carry forward his charitable efforts, we, the Trustees
have come together and formed this Charitable Trust.
The
Charitable activity under the Trust Object "Aid to Students for
Education" has commenced since May’2016.
During the year 2016 – 17 a sum of Rs 3.07 lacs was dispersed to 13
Students to support their education/ higher education. See statement ‘Details
of Students Aided – 2016-17
For the present financial year 2017 – 18, The Charity activity under the
Trust Object "Aid to Students for Education" had resulted in a
dispersal of a sum of Rs 3.29 lacs to 16 Students to support their education/
higher education. See statement Details of Students Aided – 2017-18.
Donation Collected during this period is Rs 5.45 lacs.
Apart from this a sum of Rs 7.30 lacs has been Collected as Donation
towards Corpus Fund of the Trust.
Of the sixteen students aided in this year, six students are girls. Total
of fourteen students are provided aid for their College education. All the students are meritorious and sincere
in their academic efforts.
Methodology:
The initial aim is to focus aid to three year Degree
College students (both boys & girls) and also to an extent Plus-2 School
students.
The Trust plans to provide financial aid to 25 to 30 Students on an
average yearly, this would require a budget of Rs 7 to 8 lacs per annum.
Financial aid
per student per year shall be limited to Rs 15000 to Rs 30000/-, (depending on
the need and merit, considerations or restrictions shall be made).
Funding:
To maintain the above and to assure financial aid to
the students (this will enable the students to focus and excel in their
academic performance), the Trust should create an assured source of annual
income.
·
The
Trust plans to achieve this by creating a substantial corpus fund.
A
corpus fund of Rs 1.00 crore, collected in a span of three
years and deposited in fixed deposit with bank or invested as stipulated in the
income tax act, will yield an annual income the proceeds of which shall be used
to meet “Aid to Students for Education” and other Charitable Object of the
Trust.
Request
Proposal:
An appeal is made to the all Patrons and Well-wishers
to whole-heartedly come forward and donate towards the Corpus Fund of the
Trust, to help fund and reach the target of Rs 1 crore, thereby enabling the
Trust in
achieving the “Aid to Students for Education” and other Charitable Object of
the Trust.
·
Donations to the Trust are eligible
for exemption under section 80G of Income Tax Act 1961.
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Srini Educational & Charitable Trust
(Un-Audited Figures)
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Balance Sheet as on 31st March 2018
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Particulars
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As
on 31st March
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Sources
of Funds
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Rs.
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|||
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Corpus
Fund
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7,40,000.00
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|||
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Surplus
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2,64,554.00
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|||
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Total:
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10,04,554.00
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Application
of Funds
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||||
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Fixed
Assets
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||||
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-
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-
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Current
Assets
Tax
Deducted at Source
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2,203.00
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|||
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Cash
and Bank Balances
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10,02,351.00
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|||
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Total:
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10,04,554.00
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Income and Expenditure Account for the Year
2017 – 2018
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Particulars
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As on 31st March
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Income
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Rs.
|
|||
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Donations
Received
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5,45,000.00
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Interest
on Bank Accounts
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24,123.00
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Total:
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5,69,123.00
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Expenditure
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||||
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Expenses
towards the Objects of the Trust
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3,50,229.00
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Excess
of Income Over Expenditure
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2,18,894.00
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Total:
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5,69,123.00
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Receipts and Payments Account for the Year
2017 – 2018
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Particulars
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As on 31st March
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Receipts
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Rs.
|
|||
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Donation
Received
|
5,45,000.00
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Donation
to Corpus Fund
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7,30,000.00
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|||
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Interest
on Bank Accounts
|
24,123.00
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|||
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Total:
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12,99,123.00
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Payments
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||||
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Expenses
towards the Objects of the Trust
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3,50,229.00
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Payment
of Provision for Expenses
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0.00
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Increase
or (Decrease) in Net Current Assets
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9,48,894.00
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Total:
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12,99,123.00
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Srini Educational &Charitable Trust
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Details of Students
under "Aid to Students for Education" for the Year 2018-19
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Sno
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Date
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Appl No:
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Name:
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Parent/Guardian:
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Address:
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Class/Year:
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Course:
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College/ School:
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Paid For:
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Amount(Rs)
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Chq no:
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|
1
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30-May-17
|
ST/01/2017
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M. Dhanapriya
|
G. Murugesan
|
Musiri, Tiruchi
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Degree 1st year
|
BBA
|
Srimad Andavan Arts
& Science College, Nelson Rd, TV Koil, Tiruchi - 5
|
1st Term Fees
|
5000.00
|
684358
|
|
2
|
30-May-17
|
ST/02/2017
|
K. Thangaponnu
|
P. Kamaraj
|
Teppakulam, Tiruchi
|
Degree 1st year
|
BSc BioChemistry
|
Srimad Andavan Arts
& Science College, Nelson Rd, TV Koil, Tiruchi - 5
|
1st Term Fees
|
5000.00
|
684358
|
|
3
|
30-May-17
|
ST/03/2017
|
S. Maha
|
S. Kanthamani
|
Kattukulam, Tiruchi
|
Degree 1st year
|
BSc Comp Science
|
Srimad Andavan Arts
& Science College, Nelson Rd, TV Koil, Tiruchi - 5
|
1st Term Fees
|
5000.00
|
684358
|
|
4
|
05-Jun-17
|
ST/04/2017
|
M. Hari Krishnan
|
S. Mari Mathu
|
T. Nagar, Chennai
|
XII Std
|
Commerce
|
Ramakrishna Mission
Matriculation Higher Secondary School, T.Nagar, Chennai – 17
|
Admission and 1st
Term
|
20000.00
|
684359
|
|
5
|
12-Jun-17
|
ST/05/2017
|
S. Vijay
|
P. Lalitha
|
Redhills, Chennai
|
Degree III year
|
B. Com (Bank
Managmnt)
|
Ramankrishna Mission
Vivekananda College (Evening College), Mylapore, Chennai – 4
|
Third Year Fees
|
25017.00
|
684360
|
|
6
|
27-Jun-17
|
ST/06/2017
|
S. Srinivasan
|
V. Sridhar
|
Kancheepuram
|
Engineering 2nd year
|
BE Mechanical
|
Sri Sai Ram
Engineering College, West Tambaram, Chennai 44
|
2nd year fees
|
25000.00
|
648306
|
|
7
|
30-Jun-17
|
ST/08/2016
|
G. Naveen Kumar
|
G. Devika
|
Thandrampet,
Tiruvannamalai
|
Class XI
|
Hr Sec School
|
Sri Vijayya
Vidhyalaya Matri Hr Sec School, Harur, Dharmapuri
|
Full year fees
|
21000.00
|
648308
|
|
8
|
04-Jul-17
|
ST/09/2016
|
V. Arunraj
|
M N Vinod
|
Vadapalani, Chennai
|
Degree 2nd year
|
B Com (General)
|
Ramankrishna Mission
Vivekananda College (Evening College), Mylapore, Chennai – 4
|
2nd year fees
|
25017.00
|
648309
|
|
9
|
15-Jul-17
|
ST/10/2017
|
R. Raghul
|
R. Jana
|
Triplicane, Chennai
|
Degree 2nd year
|
BCA
|
Ramankrishna Mission
Vivekananda College (Evening College), Mylapore, Chennai – 4
|
2nd year fees
|
25000.00
|
648310
|
|
10
|
17-Jul-17
|
ST/11/2017
|
L. Vignesh
|
C Lakhsmanan
|
Valasaravakkam,
Chennai
|
Degree 2nd year
|
B Sc Comp Science
|
SRM Institute of
Science & Technology, Ramapuram, Chennai 89.
|
Books & Career
Dvlmpt Fees
|
13500.00
|
648311
|
|
11
|
08-Aug-17
|
ST/12/2017
|
K. Nivedhitha
|
S Karhtikeyan
|
Ullagaram, Chennai
|
Degree 3rd year
|
B Sc Comp Science
|
Ethiraj College For
Women, Chennai- 600008
|
Sem 5 fees
|
15000.00
|
648313
|
|
12
|
21-Aug-17
|
ST/13/2017
|
G. Hemanath
|
G. Indira
|
Thumbakkam,
Tiruvallur
|
Degree 1st year
|
B Com (A&F)
|
Ramankrishna Mission
Vivekananda College (Evening College), Mylapore, Chennai – 4
|
1st Year Fees
|
25000.00
|
648314
|
|
13
|
21-Aug-17
|
ST/14/2017
|
B. Vijaya raghavan
|
V. Balasubramanian
|
West Mambalam,
Cnennai
|
Degree 1st year
|
B Com (A&F)
|
Ramankrishna Mission
Vivekananda College (Evening College), Mylapore, Chennai – 4
|
1st Year Fees
|
25000.00
|
648315
|
|
14
|
21-Aug-17
|
ST/15/2017
|
V. Mukundan
|
N. Venkatakrishnan
|
T. Nagar, Chennai
|
Degree 1st year
|
B Com (General)
|
Ramankrishna Mission
Vivekananda College (Evening College), Mylapore, Chennai – 4
|
1st Year Fees
|
25000.00
|
648316
|
|
1A
|
11-Dec-17
|
ST/01/2017
|
M. Dhanapriya
|
G. Murugesan
|
Musiri, Tiruchi
|
Degree 1st year
|
BBA
|
Srimad Andavan Arts
& Science College, Nelson Rd, TV Koil, Tiruchi - 5
|
2nd Term Fees
|
5000.00
|
648318
|
|
2A
|
11-Dec-17
|
ST/02/2017
|
K. Thangaponnu
|
P. Kamaraj
|
Teppakulam, Tiruchi
|
Degree 1st year
|
BSc BioChemistry
|
Srimad Andavan Arts
& Science College, Nelson Rd, TV Koil, Tiruchi - 5
|
2nd Term Fees
|
5000.00
|
648318
|
|
3A
|
11-Dec-17
|
ST/03/2017
|
S. Maha
|
S. Kanthamani
|
Kattukulam, Tiruchi
|
Degree 1st year
|
BSc Comp Science
|
Srimad Andavan Arts
& Science College, Nelson Rd, TV Koil, Tiruchi - 5
|
2nd Term Fees
|
5000.00
|
648318
|
|
15
|
07-Jan-18
|
ST/16/2017
|
M Nithya Shree
|
N Murali
|
Ambattur, Chennai
|
Degree 2nd year
|
B.Com
|
MOP Vaishnav College
for Women, Nungambakkam High Road, Chennai 34
|
2nd year IV semester
|
23200.00
|
648319
|
|
16
|
07-Feb-17
|
ST/17/2017
|
A. Shalini
|
C. Anbalagan
|
Mandaveli, Chennai
|
Degree 3rd year
|
B Sc Comp Science
|
Justice Basheer
Ahmed Sayeed College For Women, Teynampet, Chennai 18
|
Third Year Fees
|
21000.00
|
648323
|
|
11A
|
15-Feb-18
|
ST/12/2017
|
K. Nivedhitha
|
S Karhtikeyan
|
Ullagaram, Chennai
|
Degree 3rd year
|
B Sc Comp Science
|
Ethiraj College For
Women, Chennai- 600008
|
Sem 6 fees
|
10000.00
|
648324
|
|
|
|
|
|
|
|
|
|
Total (Rs)
|
Total Rs
|
328734.00
|
|
