HelpYourNGO - Livelihood - Drishtee-Foundation

Drishtee Foundation

Sector: Livelihood
Sub Sector: Comprehensive
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goals:
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% Spent on Beneficiaries

86%
HelpYourNGO USP: Our Research Team studies the NGO's financials to arrive at ratios, variances and the % spent on beneficiaries. This % is the proportion of direct program expenses to total expenditure for the latest financial year, indicating the total direct spend on beneficiaries.

Year of Establishment : 2003
Registered Address : Knowledge Boulevard, Tower B, 8th Floor,Plot no-A-8A, Sector-62, Noida 201301, Uttar Pradesh
Presence :
Website : https://www.drishtee.com
Email : info@drishtee.com
Telephone : +91 120 - 4661000
Donor Contact : Ms. Sarika Ramteke / N.A. / sarika.r@drishtee.in
Registered Under : The Societies Registration Act, 1860
Auditor : WDK & Associates
Bankers : HDFC Bank Ltd, ICICI Bank, State Bank of India, Axis bank
Trustees/Directors/Managing Committee: : Ms. Mamta Mishra - President, Mr. Nitin Gachhayat - Vice-President, Ms. Swapna Mishra - General Secretary, Mr. Chandan Kumar - Secretary, Mr. Shailesh K. Thakur - Treasurer, Mr. Satyan Mishra - Member, Ms. Meenu Mishra - Member

Their programs include:

  • Skill Development: Understanding the importance of skill-based training for rural youth, the NGO emphasizes on capacity building in all its initiatives. (a) Since 2010, Ministry Of Rural Development has supported the Foundation in its skill development initiatives, predominantly in the Construction and Textile sector under Swarnajayanti Gram Swarozgar Yojana (SGSY).  To promote entrepreneurship and create jobs locally, Drishtee Skill Development Centre was started which is affiliated to many Sector Skill Councils. In FY15, around 14,535 people were trained. (b) The Foundation partnered with Godrej Agrovet Limited and National Skill Development Corporation to provide training to rural women in Cattle Husbandry for increasing milk yield. (c) Sakhi is a capacity building program for empowering and enabling women to start their own enterprise or improve the overall management of an existing enterprise. Nearly 2,500 women were trained.
  • Livelihood: (a) The Momo-Rangoli Shop was operationalized to ensure that women from marginalized communities have access to, are aware about and can avail services and products that are specifically sold by the women and are for the women. So far, 37 shops have been set up in 40 villages catering to over 4,000 customers with a product range of nearly 3,000 products(b) Drishtee Rural Apparel Producer Organization is a social enterprise owned by rural women producers and supervised by textile professionals, with a mission to impact livelihood of 5,000 marginalized women by 2020. (c) Drishtee has also set up a 30-seater BPO Center with the support of NABARD to create livelihood opportunities for educated rural youth.
  • Micro-Finance: Oikocredit, one of the world’s largest sources of private funding to the micro-finance sector, has entered into a partnership agreement with Drishtee to expand its financial inclusion efforts in rural India. Through this partnership, Drishtee aims to enable rural micro-enterprises at the village level. So far, it has supported nearly 900 rural micro-entrepreneurs.
FY 2013 (₹) FY 2014 (₹) FY 2015 (₹)
Income
Government Sources 22,675,306 33,425,827 6,561,299
Foreign Sources 22,946,559 15,913,684 34,071,779
Institutional Sources - - -
General Donations 79,938 1,402,518 1,517,687
Sales/Fees 5,948,602 23,110,457 12,764,210
Interest/Dividend 143,075 166,461 696,629
Other Income 1,457,381 238,733 682,178
Total Income (A) 53,250,861 74,257,680 56,293,782
 
Expenditure
Direct Program Activities 10,039,624 28,670,000 23,309,093
Program Staff Cost 30,708,168 24,301,266 18,187,688
Travel Expenses 1,891,086 3,828,849 3,819,386
Direct Program Expenses 40,747,792 52,971,266 41,496,781
Fund Raising Expenses - 31,596 192,040
General Staff Cost 258,404 580,628 764,618
Overhead Expenses 3,572,132 4,764,128 3,768,135
Depreciation 759,336 422,138 521,711
Other Expenses/Transfers 5,449,858 6,931,532 1,978,896
Total Expenditure (B) 52,678,608 69,530,137 52,541,567
 
Surplus / Deficit (A-B) 572,253 4,727,543 3,752,215
Assets
Fixed Assets 2,561,104 1,899,167 1,534,176
Current Assets 100,150,473 75,193,837 73,673,147
Cash And Bank 5,471,660 354,444 1,121,740
Total Current Assets 108,183,237 77,447,448 76,329,063
Investments 6,129,331 27,248,973 52,296,329
Accumulated Deficits - - -
Total Assets 114,312,568 104,696,421 128,625,392
 
Liabilities
Trust Corpus - - 2,974,723
General Funds 3,453,464 8,181,007 11,933,222
Earmarked Funds - - -
Unutilized Grants - - -
Total 3,453,464 8,181,007 14,907,945
Loans 73,371,942 63,787,078 71,848,782
Loans (From Members) - - -
Current Liabilities 37,487,162 32,728,336 41,868,665
Other Liabilities - - -
Total Liabilities 114,312,568 104,696,421 128,625,392
1) Government Sources is high in FY13 and FY14 due to grants from the Ministry Of Rural Development (Rs3.30 crores in FY14 and Rs2.26 crores in FY1
3) for the SGSY Project.
2) Foreign Sources mainly include grants from Greater Impact Foundation and Ricoh Company Ltd.
3) Sales/Fees mainly include Research & Survey income and Revenue from micro-finance.
4) Direct Program Activities include overheads like Interest on loan and Rent pertaining to programs.
5) Other Expenses/Transfers mainly include Exchange Fluctuation Loss and Bad Debts written off.
6) In FY14, the NGO invested in Drishtee Development & Communication Ltd. (Rs1.84 crores) and hence the increase in Investments.
FY 2013 FY 2014 FY 2015
Beneficiary Details
Direct Beneficiaries (nos.) - - -
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - -
Number of Consultants - - -
Number Of Volunteers - - -
Total - - -
Highest Paid Full-Time Staff (₹ p.a.) - - -
Lowest Paid Full-Time Staff (₹ p.a.) - - -
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Kherwadi Social Welfare Association (Yuva Parivartan) Livelihood Vocational Training Maharashtra 95 163,087,824 162,476,171
arr4
Sumruddhi Trust Livelihood Self Help Groups - Women Maharashtra 93 688,559 703,700
Sita Devi Foundation Livelihood Financial Inclusion Delhi 91 1,357,079 1,343,079
arr2
Drishtee Foundation Livelihood Comprehensive Uttar Pradesh 86 56,293,782 52,541,567
ETASHA Society Livelihood Vocational Training Delhi 80 37,693,394 55,052,696
arr3
Outreach Association of Volunteers for Rural Development Livelihood Comprehensive Karnataka 79 24,575,785 26,071,792


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