Malenadu Education and Rural Development Society
School and Vocational Training
Estd: 1998
Used for Beneficiaries: 100% *
Address : Opp. Satkar Hotel, Ekalvya, 2nd Floor, Madukara Building, Sirsi 581401. Karnataka
Email :
Web-site :
Telephone : +91 8384 279319
Donor Contact : Mr. L. M. Hegde / +91 9448649730 /
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201420152016
Income From
Government Sources1,039,675341,826427,935
Institutional Sources100,00006,000,000
Foreign Sources000
Other Income000
Total Income (A)3,719,8155,320,35710,527,676
Expenses For
Direct Programme Activities1,723,4732,967,2464,830,949
Programme Staff Cost1,991,525039,750
Travel Expenses000
Direct Programme Expenses3,714,9982,967,2464,870,699
Fund Raising Expenses000
General Staff Cost000
Overhead Expenses7,055011,179
Other Expenses/Transfer000
Total Expenditure (B)4,310,0314,151,6905,851,830
Surplus / (Deficit) (A-B)-590,2161,168,6684,675,846
Balance Sheet201420152016
Fixed Assets5,464,0626,904,7866,420,836
Current Assets (excl. Cash)000
Cash/Bank 107,885306,7986,222,187
Accumulated Deficits000
Total Assets5,611,9477,251,58412,683,023
Corpus / Share Capital000
General Funds3,411,7154,571,3529,988,791
Earmarked Funds000
Current Liabilities000
Total Liabilities5,611,9477,251,58412,683,023
Other Details201420152016
Direct Beneficiaries (Nos)12,50013,00015,000
Indirect Beneficiaries (Nos)10,90014,00018,000
Cost Per Direct Beneficiary (Rs) - Actual3,0003,0003,500
Number of Staff404553
Highest Salary (Rs p.a.)144,000156,000204,600
Lowest Salary (Rs p.a.)48,00048,00048,000
Note: * Adjusted. Depreciation is more than 10% of total expenses and is excluded while calculating the proportion of expenses 'Used for Beneficiaries'
Regd. under : The Bombay Public Trust Act, 1950
Auditor : M. B. Kadkol & Co.
Bankers : Corporation Bank
Syndicate Bank

Donor tax benefits : 80G 50%
Eligible for foreign donations : Expired

Trustees/Directors/Managing Committee:
Mr. G. N. Hegde, Chairman Ms. S. R. Hegde, Vice Chairperson
Mr. L. M. Hegde, Secretary Mr. Ashok Bhat, Treasurer
Dr. Ramesh, Trustee Mr. K. R. Prakash, Trustee
Mr. L. S. Bhat, Trustee

Source : Audit Report 2016

Financial Note : 1) Grant from Supraja Foundation (Rs60 lakhs) in FY16 shown under Institutional Sources. 2) Sales/Fees include fees received from Chandana School and Eklavya Centre. 3) From FY15, the NGO has provided overall amounts spent on each of its programs, but has not given a detailed breakdown. 4) Direct Program Activities include overheads like electricity, printing/stationery pertaining to programs.

NGO Profile :
Malenadu Education and Rural Development Society (MEARDS) was established in 1998 to promote over-all development of children in a child-centric ambience. Their activities mainly take place in North Kannada district of Karnataka.

Some of their activities are as follows:

  • Chandana School for Children: The NGO's aim is to impart entrepreneurial, vocational, and activity-based education to students from early childhood to matriculation. The trustees believe that education should be interesting, meaningful and that financial constraints should not be a hurdle for getting proper education.  The organisation also runs a pre-primary school under the same name. Besides academics, they also conduct outdoor sports and games, have an interactive science centre and audio-visual methods to encourage different ways of learning. The children are also encouraged to participate in extracurricular activities such as dancing and speech competitions. MEARDS also has a Science Centre with the financial support of Deshpande Foundation in Hubli to provide science training to the teachers and students, especially from government schools.
  • Eklavya Computer Centre: The centre provides soft and technical skills training especially in leadership, communication and computer knowledge in order to enable the underprivileged in the area. They have 4 centres currently with around 250 students. The centre also conducts functional English workshops, a mobile library to facilitate better communication skills, and personality development.