HelpYourNGO - NGO Details

Agewell Foundation

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

UN Sustainable Development Goal:
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% Spent on Beneficiaries

99%
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 : 1999
Registered Address : M-8A, Lajpat Nagar II, New Delhi 110024, Delhi
Website : www.agewellfoundation.org
Email : agewellfoundation@gmail.com
Telephone : +91 11 29836486
Donor Contact : Mr. Narendra Negi / +91 9810030979 / agewellfoundation@gmail.com
Registered Under : The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
Auditor : A. K. Nair & Co.
Bankers : Axis Bank, Standard Chartered Bank
Trustees/Directors/Managing Committee: : Mr. Himanshu Rath - Founder Chairman, Mr. Narendra Singh Negi

In addition to their work in Delhi, Agewell has set up a two-tier network of over 7,500 primary and 80,000 secondary volunteers spread over 718 districts in India. Agewell Foundation has been recognized for its efforts and the Economic and Social Council (ECOSOC) has granted it Special Consultative Status at the United Nations.

Their programs include:

  • Helpline for Older Persons: With the help of trained counsellors, Agewell reaches out to around 25,000 elderly on a daily basis. These counsellors identify and assist the elderly with family and social problems, financial and health related issues, etc. It works as a bridge between the assistance seekers and assistance providers.
  • Research and Advocacy Centre: Agewell conducts studies in areas relating to ageing and uses these findings to advocate on issues concerning the welfare of the elderly with the government, international agencies and others. It also carried out a nationwide survey to study the issues related to gender discrimination faced by the elderly in India.
  • Equipment Distribution: Agewell set up collection points at locations throughout Delhi to collect donations (monetary or clothing) and sensitizing the youth on their responsibilities. In 2019, Agewell distributed 150,000 pieces of woolen, 2,850 food packets, 3,100 wheelchairs, 4,200 walkers and 150,500+ adult diapers to the elderly.
  • Employment Exchange: Agewell helps provide opportunities to the retired elderly in areas such as consultancy, accountancy, tuitions and training.
  • Family Membership Scheme: It aims at providing family support to the elderly living alone in Delhi. A team of trained counsellors spend time with the elderly, provide medical support, guide on legal matters and help them pay their bills. 
  • Digital Literacy: Agewell provides Digital Literacy training to senior citizens to bridge the intergenerational gap in the society. So far, around 16,500 have been trained under this program.
FY 2019 (₹) FY 2020 (₹) FY 2021 (₹)
Income
Government Sources - - -
Foreign Sources 4,349,581 3,563,665 -
Institutional Sources 3,774,250 4,017,521 2,605,299
General Donations ₹15,990,527 ₹15,381,258 ₹39,124,967
Sales/Fees - - -
Interest/Dividend 104,943 168,729 323,110
Other Income 709 586,760 239,053
Total Income (A) 24,220,010 23,717,933 42,292,429
 
Expenditure
Direct Program Activities 18,338,692 27,974,622 38,338,099
Program Staff Cost 179,692 - -
Travel Expenses 94,984 - -
Direct Program Expenses 18,518,384 27,974,622 38,338,099
Fund Raising Expenses 72,216 - -
General Staff Cost 42,090 - -
Overhead Expenses 41,456 - -
Depreciation 179,613 152,330 291,267
Other Expenses/Transfers 2,193,688 - -
Total Expenditure (B) 21,142,431 28,126,952 38,629,366
 
Surplus / Deficit (A-B) 3,077,579 -4,409,019 3,663,063
Assets
Fixed Assets 2,220,588 2,068,256 3,460,524
Current Assets 121,747 136,707 4,633,965
Cash And Bank 7,465,941 4,434,247 -
Total Current Assets 9,808,276 6,639,210 8,094,489
Investments - - -
Accumulated Deficits - - -
Total Assets 9,808,276 6,639,210 8,094,489
 
Liabilities
Trust Corpus 1,894,176 1,894,176 7,543,346
General Funds 6,380,066 1,986,108 -
Earmarked Funds - - -
Unutilized Grants 315,908 1,911,912 -
Total 8,590,150 5,792,196 7,543,346
Loans - - -
Loans (From Members) - - -
Current Liabilities 1,218,126 847,014 551,143
Other Liabilities - - -
Total Liabilities 9,808,276 6,639,210 8,094,489
1) In FY13 and FY14, income from Government sources includes money donated by Rural Electrification Corporation.
2) Donation in kind is 61% of total income in FY13, 72% in FY14, 59% in FY15, 70% in FY16, 26% in FY17, 49% in FY18 and 26% in FY19.
3) Other income includes write off of credit balances and assets.
4) Expense Breakup provided by the NGO from FY17 onwards.
5) Programme Staff Cost has drastically reduced from FY18 onwards since the NGO has moved towards developing a volunteer based team now.
6) Fund Raising Expenses includes Advertisement expense.
7) Transfer to Reserve Fund to the extent permitted (15%) has been taken in Other Expenses/Transfers.
FY 2019 FY 2020 FY 2021
Beneficiary Details
Direct Beneficiaries (nos.) 170,357 186,816 -
Indirect Beneficiaries (nos.) 1,015,000 987,521 -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 15 20 -
Number of Consultants - - -
Number Of Volunteers 87,510 87,560 -
Total 87,525 87,580 -
Highest Paid Full-Time Staff (₹ p.a.) 180,000 180,000 -
Lowest Paid Full-Time Staff (₹ p.a.) 48,000 60,000 -
Services Funds Raised (₹)
1,250
Donation 3,000
Online Donation 5,001
Online Donations 35,752
Total Funds Raised 45,003
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Agewell Foundation Elderly Advocacy Delhi 99 42,292,429 38,629,366
Sarojini Naidu Rural Welfare and Educational Trust Elderly Home/Shelter Tamil Nadu 94 198,101 197,489
Ashraya Seva Trust Elderly Home/Shelter Karnataka 85 4,647,794 3,628,371
Bharatiya Varishtha Nagarik Samiti Elderly Care & Services Uttar Pradesh 81 502,417 586,380
Radha Medical Trust Elderly Home/Shelter Maharashtra 62 1,537,556 1,585,845
Mothers Nest Elderly Home/Shelter Andhra Pradesh 40 827,800 813,558


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