Opentree Foundation, The (Toybank)
Estd: 2004
Used for Beneficiaries: 83%
Address : Flat 7, 3rd floor, Jay Kutir, Taikalwadi, Off Bhagat Lane, Mahim, Mumbai 400016. Maharashtra (10 AM to 6 PM - By appointment only.)
Email :
Web-site :
Telephone : +91 22 24388235
Donor Contact : Ms. Shweta Chari / +91 22 24388235 /
Financial Score
Goal 16: Peace, Justice and Strong Institutions
Rs, Y/E March 31
Income & Expenditure Statement201620172018
Income From
Government Sources000
Institutional Sources2,396,2216,856,61710,359,703
Foreign Sources000
Other Income09790
Total Income (A)4,166,87210,377,05713,981,843
Expenses For
Direct Programme Activities2,934,9833,503,7255,886,695
Programme Staff Cost000
Travel Expenses000
Direct Programme Expenses2,934,9833,503,7255,886,695
Fund Raising Expenses0389,303375,747
General Staff Cost000
Overhead Expenses553,409540,225639,776
Other Expenses/Transfer000
Total Expenditure (B)3,561,2404,511,0427,085,106
Surplus / (Deficit) (A-B)605,6325,866,0156,896,737
Balance Sheet201620172018
Fixed Assets355,069356,0152,113,154
Current Assets (excl. Cash)298,106305,051437,227
Cash/Bank 1,136,5265,601,0467,979,091
Accumulated Deficits000
Total Assets3,911,71012,005,58520,519,471
Corpus / Share Capital292,001392,001619,551
General Funds3,113,8118,979,82615,966,069
Earmarked Funds89,506599,506510,000
Current Liabilities381,3921,999,2523,388,851
Total Liabilities3,911,71012,005,58520,519,471
Other Details201620172018
Direct Beneficiaries (Nos)35,95037,10148,300
Indirect Beneficiaries (Nos)N.A.N.A.N.A.
Cost Per Direct Beneficiary (Rs) - Avg. 97119143
Number of StaffN.A.N.A.18
Highest Salary (Rs p.a.)N.A.N.A.960,000
Lowest Salary (Rs p.a.)N.A.N.A.180,000
Regd. under : The Bombay Public Trust Act, 1950
Auditor : Rajadhyaksha & Associates
Bankers : Yes Bank

Donor tax benefits : 80G 50%
Eligible for foreign donations : No

Trustees/Directors/Managing Committee:
Mr. Vivek Asrani, Trustee
Mr. Jiby Thomas, Trustee
Mr. M. V. Subramanian, Trustee
Mr. Vikram Nerurkar, Trustee
Ms. Priyam Bathija, Trustee

Source : Audit Report 2018

Financial Note : 1) Donations include those given in kind. 2) The NGO has provided only one amount as expenditure on projects; no details were made available.

NGO Profile :
Opentree Foundation, The (Toybank) is a non-profit set up with the aim of providing toys to all children. It believes that play is essential to development as it contributes to the cognitive, physical, social and emotional well-being of children. Toybank believes that although accessibility to good quality education is of prime importance, we should not overlook the importance of extra-curricular activities in moulding the lives of children as they evolve into strong, sensitive individuals.

The Toybank Model:

The NGO believes that spending time with children is key to their development process rather than showering them with expensive gifts. Toybank works towards bridging the gap between children from different backgrounds by creative play, group events and community events. Toys are also a means to channelize their energies towards developing social and communication skills,this forms the premise of their ideology of Power of Play. 

Toybank works with a network of volunteers to execute their program to induce familiarity with the play groups where children are in an environment of comfort to develop their confidence and help them become better thinkers. Since inception Toybank has touched the lives of around 500,000+ children from various backgrounds through their centers across 28 states/UTs. It works with several partner NGOs and has also started work in rural areas.

Donors are encouraged to give toys in good condition and it ensures that these are clean and appropriate for children before distribution. Toys are gift wrapped and distributed one-on-one to less privileged children. Toybank has noticed visible changes (beyond expectations) in the children they guide at their various centers in terms of better attendance at schools, increased efficiency in English, better emotional balance and reduced aggression.