Snapshot
Opportunity Foundation Trust (Avasar)
SECTOR: Education
SUB SECTOR: Scholarships
% Spent on beneficiaries
63%
Financial Score:
Age: 7 Years
Tax Benefit: 50%
Foreign donations:
Location(s): Karnataka
Issues Addressed:
Empowering school and class X drop-out girls by providing edcuation scholarship for 5 years at pre-University and graduate level.
Supported by:
NASSCOM Google Adwords Expeditors International
Key Trustees:
Mr. Anand Chaturvedi, Founder & Managing Trustee
Mr. S. N. Sriram, Co-Founder & Trustee
Mr. Benoy Tharakan, Founder Donor
Mr. Durgaprasad Pejathaya, Founder Donor
Mr. Sudesh Bhagat, Founder Donor
Sector Comparison:
Beneficiary Spend:
Average: 82.9% Highest: 100.0% Lowest: 38.0%
Income:
Average: Rs4 cr Highest: Rs75 cr Lowest: Rs1 lac
How much to donate
Donate
See our recommended NGOs
Bangalore based Opportunity Foundation Trust, (also known as Avasar) was established in November 2012 as a charitable trust to provide financial support to girl children who opt to discontinue studies after Class 10 due to poor financial conditions. Founding Trustee, Mr. Anand Chaturvedi, is a firm believer of philanthropy over charity and is known for promoting group philanthropy in his community.

Avasar’s mission is not only to support bright and meritorious girls to achieve their academic goals, but also to empower and help them permanently overcome the orbit of economic hardship. The organization has institutionalised a rigorous process to select deserving candidates for receiving financial aid. The target beneficiaries include: school drop-outs and Class 10 pass outs.

The organization has designed a scholarship program to support its beneficiaries. Program details are as follows:

Scholarship Program: Avasar sponsors a child’s education (school/college fees) for 5 consecutive years which includes 2 Years at Pre-University Course (PUC) and minimum 3 Years at Graduate Level. Avasar Scholarship Grants is for Rs2,00,000   spread over a period of 5 to 6 years. This covers expenses towards tuition fees, books, stationery, laptops, travel costs for bus passes. The program also offers daily allowance of at least of Rs. 50/- per day for a minimum of 200 days in a year. In addition to this, 4 sets of dresses are also sponsored each year. Since inception, the organization has successfully enrolled 10 girls under its scholarship program. Life skill classes are also conducted by Avasar periodically. Avasar Scholarship Program to support education of underprivileged girls will continue and will expand to all locations in India from Academic Year 2016-2017.

Avasar is a member of World Association of NGOs and GuideStar International and receives financial as well as non-financial support from NASSCOM Foundation, Google Adwords Grant and Eagle Conferencing. Expeditors International India Pvt Ltd appointed Avasar as the Implementation Agency for its CSR program on 1st February 2016.

Income
Rs
6 lac
Expense
Rs
5 lac
Source : Audit Report 2015