| Financial Score |  |
| Goal 10: Reduced Inequalities
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| | Rs, Y/E March 31 | | Income & Expenditure Statement | 2018 | 2019 | 2020 | | Income From | | Government Sources | 417,568 | 79,959 | 0 | | Institutional Sources | 8,995,578 | 15,248,166 | 14,793,331 | | Foreign Sources | 0 | 0 | 0 | | Donations | 16,636,623 | 13,410,191 | 3,556,337 | | Sales/Fees | 3,757,790 | 4,851,596 | 6,382,124 | | Interest/Dividend | 512,672 | 247,795 | 220,028 | | Other Income | 182,690 | 422,723 | 45,711 | | Total Income (A) | 30,502,921 | 34,260,430 | 24,997,531 | | | Expenses For | | Direct Programme Activities | 19,701,828 | 25,350,846 | 23,729,598 | | Programme Staff Cost | 2,334,075 | 3,673,402 | 0 | | Travel Expenses | 542,465 | 486,559 | 0 | | Direct Programme Expenses | 22,578,368 | 29,510,807 | 23,729,598 | | Fund Raising Expenses | 0 | 147,720 | 0 | | General Staff Cost | 552,872 | 181,210 | 0 | | Overhead Expenses | 9,472,329 | 4,290,193 | 6,614,672 | | Depreciation | 791,086 | 1,028,229 | 908,530 | | Other Expenses/Transfer | 0 | 5,295 | 0 | | Total Expenditure (B) | 33,394,655 | 35,163,454 | 31,252,800 | | Surplus / (Deficit) (A-B) | -2,891,734 | -903,024 | -6,255,269 | | | Balance Sheet | 2018 | 2019 | 2020 | | Assets | | Fixed Assets | 4,743,161 | 5,928,185 | 4,601,461 | | Current Assets (excl. Cash) | 7,460,047 | 8,848,821 | 7,108,254 | | Cash/Bank | 6,628,935 | 7,342,855 | 2,636,444 | | Investments | 1,769,742 | 982,299 | 7,955,829 | | Accumulated Deficits | 5,057,097 | 3,510,921 | 9,766,190 | | Total Assets | 25,658,982 | 26,613,081 | 32,068,178 | | | Liabilities | | Corpus / Share Capital | 4,668,748 | 4,673,748 | 4,678,748 | | General Funds | 2,449,200 | 0 | 0 | | Earmarked Funds | 0 | 0 | 8,902,732 | | Loans | 0 | 5,600,000 | 5,644,500 | | Current Liabilities | 18,541,034 | 16,339,333 | 12,842,198 | | Total Liabilities | 25,658,982 | 26,613,081 | 32,068,178 | | | Other Details | 2018 | 2019 | 2020 | | Direct Beneficiaries (Nos) | N.A. | N.A. | N.A. | | Indirect Beneficiaries (Nos) | N.A. | N.A. | N.A. | | Cost Per Direct Beneficiary (Rs) | N.A. | N.A. | N.A. | | Number of Staff | N.A. | N.A. | N.A. | | Highest Salary (Rs p.a.) | N.A. | N.A. | N.A. | | Lowest Salary (Rs p.a.) | N.A. | N.A. | N.A. |
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| Regd. under |
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The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
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| Auditor |
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Jayesh Sanghrajka & Co. |
| Bankers |
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| IDBI Bank |
Axis Bank |
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Bank of Maharashtra |
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| Donor tax benefits |
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80G 50%
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| Eligible for foreign donations |
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Yes |
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| Trustees/Directors/Managing Committee: |
| Dr. Sheilu Sreenivasan, Mg Trustee/Founder |
Mr. Gopal Srinivasan, Secretary |
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Mr. Pranay Vakil, Trustee |
Ms. Anita Ramchandran, Trustee |
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Ms. Abanti Shankaranarayanan, Trustee |
Ms. Sweta Vakil, Trustee |
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Mr. Pradeep Malick, Trustee |
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Source : Audit Report 2020
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Financial Note : 1) Sales/Fees mainly includes membership fees received from members.
2) Other income includes written off expenses provided in earlier years but no longer required, sale of vehicles/scrap, miscellaneous expenses, etc.
3) Advertisement costs taken as Fund Raising Expenses.
4) Other expenses mainly include accounts written off, fees paid for late TDS filing, etc.
5) In FY14, Rs4.3m of Fixed Assets has been written off during shifting of the office.
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| NGO Profile : |
Dignity Foundation (DF) was set up to help senior citizens deal with their insecurities and loneliness and bring joy to their lives. With 100 million senior citizens in India (324 million by 2050) of which 65% are dependent on others for their day-to-day maintenance, DF has their work cut out.
Their Head Office is in Mumbai with chapters in Ahmedabad, Delhi, Pune, Kolkata, Chennai and Bengaluru.
Some of their programs are as follows:
- Day Care Centers: The aim of the centers (Mumbai & Chennai) is to provide a stimulating and conducive environment where the senior citizens suffering from dementia can maintain practical and social skills and enhance self-reliance. There are also Day Care Centers for the elderly in general providing holistic services to all. The Centers impact 100+ beneficiaries every day.
- Loneliness Mitigation Center: There are 30 such centers in 7 cities being run by the NGO. The centers were set up to build peer support network for senior citizens with a basic idea of promoting social interaction for their mental well-being.
- Helpline Program: Dignity Foundation has been running this Helpline since 1995 to empower elders to reach out for assistance against abuse. The program handles around 950-1,000 calls per month on average.
- The Ration Program: Dignity Foundation supports indigent senior citizens by providing a months’ worth of ration to very poor senior citizens who cannot fend for themselves. DF also reaches out to slum localities in Mumbai through the Dignity on Wheels outreach program.
- Events: Dignity Foundation conducts large scale events exclusively for senior citizens several times a year of which some popular ones are: Dignity Retirement India Expo, Companionship Carnival, Dignity Dialogue Anniversary and World Elders Day.
Dignity Lifestyle Retirement Township launched by the NGO is spread over 25 acres of land located 90km from Mumbai at Neral and offers a secure environment for senior citizens with assisted living facilities.
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