Summary
Agewell Foundation
 
Elderly
Advocacy
Estd: 1999
Used for Beneficiaries: 91% *
Address : M-8A, Lajpat Nagar II, New Delhi 110024. Delhi
Email : agewellfoundation@gmail.com
Web-site : www.agewellfoundation.org
Telephone : +91 11 29836486
Donor Contact : Mr. Narendra Negi / +91 9810030979 / agewellfoundation@gmail.com
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201420152016
Income From
Government Sources650,00000
Institutional Sources000
Foreign Sources13,42900
Donations11,531,67712,880,92614,597,684
Sales/Fees000
Interest/Dividend31,0469,28110,976
Other Income00205,674
Total Income (A)12,226,15212,890,20714,814,334
Expenses For
Direct Programme Activities8,091,7358,750,98212,068,959
Programme Staff Cost2,468,242707,9641,601,151
Travel Expenses875,838555,226482,608
Direct Programme Expenses11,435,81510,014,17214,152,718
Fund Raising Expenses0011,200
General Staff Cost0981,817331,647
Overhead Expenses1,152,181719,867829,683
Depreciation36,05426,615169,512
Other Expenses/Transfer1,812,7621,893,2492,264,710
Total Expenditure (B)14,436,81213,635,72017,759,470
Surplus / (Deficit) (A-B)-2,210,660-745,513-2,945,136
Balance Sheet201420152016
Assets
Fixed Assets1,348,0791,328,2092,167,857
Current Assets (excl. Cash)415,6461,005,3431,083,498
Cash/Bank 458,7971,513,797648,717
Investments000
Accumulated Deficits397,89800
Total Assets2,620,4203,847,3493,900,072
Liabilities
Corpus / Share Capital2,332,0241,894,1761,894,176
General Funds01,147,736418,706
Earmarked Funds000
Loans00702,157
Current Liabilities288,396805,437885,033
Total Liabilities2,620,4203,847,3493,900,072
Other Details201420152016
Direct Beneficiaries (Nos)292,522208,287120,412
Indirect Beneficiaries (Nos)973,848964,0911,086,054
Cost Per Direct Beneficiary (Rs) - Actual4356146
Number of Staff443911
Highest Salary (Rs p.a.)168,000168,000144,000
Lowest Salary (Rs p.a.)96,00096,00048,000
Note: * Adjusted. Transfers to Reserves have been excluded from total expenses to calculate the proportion of expenses 'Used for Beneficiaries'
Regd. under : The Indian Trust Act, 1882
Auditor : A. K. Nair & Co.
Bankers : Axis Bank
Standard Chartered Bank

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

Trustees/Directors/Managing Committee:
Mr. Himanshu Rath, Founder Chairman
Mr. Narendra Singh Negi, Member
Mr. Jayant Patwardhan, Member

Source : Audit Report 2016

Financial Note : 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 and 70% in FY16. 3) Other income includes write off of credit balances and assets. 4) Awareness and advertisement expenses relating to their Helpline for the Elderly have been included in Direct Program Activities in FY13, FY14 and FY15 (29%, 21% and 19% of total expenses respectively). Administration Expenses (postage, printing, etc.) related to the programs have been included in Direct Program Activities. 5) In FY16, Fund Raising Expenses includes Advertisement expense. 6) Transfer to Reserve Fund to the extent permitted (15%) has been taken in Other Expenses/Transfers.

NGO Profile :
Agewell Foundation is a non-profit working in New Delhi and National Capital Region (NCR) for the welfare and empowerment of the elderly since 1999. They endeavour to bring about a change in society's perceptions of older persons, while promoting improved interactions between generations. Agewell has set up a two-tier network of over 7,500 primary and 80,000 secondary volunteers spread over 640 districts in India. It has been recognised for its efforts and the Economic and Social Council (ECOSOC) has granted it Special Consultative Status at the United Nations.

Their programs include:

  • Share the Warmth campaign: As part of the campaign, Agewell collected old/used woollens and mobilized donations across Delhi & NCR by setting up collection points at various places and sensitizing youth on their responsibilities. In FY16, more than 1,75,000 woollens were distributed to around 75,000 destitute.
  • Holistic healthcare: Healthcare campaigns are conducted to provide healthcare equipment (walkers, wheel chairs, spectacles, medicines, bed pans, diapers, etc.) free of cost to the destitute elderly. During the year, around 4,500 beneficiaries were provided these equipment and 1,250 were provided with food packets (containing rice, pulses, edible oil, sugar, tea etc.).
  • 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. It works as a bridge between the assistance seekers and assistance providers.
  • Research and Advocacy Centre: Study is conducted in areas relating to ageing and these findings are used to advocate on issues concerning the welfare of elderly with government, international agencies and others. The organization also carried out a national level study to study the status of human rights of older people in India.
  • Employment Exchange:  Opportunity is provided to the retired elderly in areas such as teaching, consultancy, accountancy, tuitions and training.
  • Family Membership Scheme: The program aims at providing family support to the elderly living alone in Delhi. A team of trained counsellors spend time with them, provide medical support, guide on legal matters, and help them pay bills. 


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