Summary
Children Toy Foundation
 
Children
Services
Estd: 1982
Used for Beneficiaries: 69%
Address : C/o. R. Desai & Co, Modern House, 11 Dr. V. B. Gandhi Road, Fort, Mumbai 4000023. Maharashtra
Email :  play@childrentoyfoundation.org
Web-site : www.childrentoyfoundation.org
Telephone : +91 22 22664831
Donor Contact : Mr. Devendra Shivalal Desai / +91 9987754555 / play@childrentoyfoundation.org
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201420152016
Income From
Government Sources000
Institutional Sources381,810208,4470
Foreign Sources57,54828,3060
Donations807,624588,914649,872
Sales/Fees604,460220,4045,000
Interest/Dividend857,675658,802967,744
Other Income000
Total Income (A)2,709,1181,704,8721,622,616
Expenses For
Direct Programme Activities573,485728,227244,317
Programme Staff Cost171,105548,828540,750
Travel Expenses14,4955,82919,085
Direct Programme Expenses759,0851,282,884804,152
Fund Raising Expenses000
General Staff Cost000
Overhead Expenses162,113274,259330,683
Depreciation32,52429,12538,977
Other Expenses/Transfer000
Total Expenditure (B)953,7221,586,2671,173,812
Surplus / (Deficit) (A-B)1,755,396118,605448,804
Balance Sheet201420152016
Assets
Fixed Assets766,256663,2143,233,352
Current Assets (excl. Cash)428,502484,197482,572
Cash/Bank 1,749,6195,091,1473,824,883
Investments8,107,1578,731,4348,847,106
Accumulated Deficits000
Total Assets11,051,53414,969,99316,387,913
Liabilities
Corpus / Share Capital3,992,9074,868,9085,962,135
General Funds5,734,0445,852,6486,301,452
Earmarked Funds1,322,2924,246,1454,110,455
Loans000
Current Liabilities2,2922,29213,871
Total Liabilities11,051,53414,969,99316,387,913
Other Details201420152016
Direct Beneficiaries (Nos)9,26712,8018,565
Indirect Beneficiaries (Nos)8,0258,0258,025
Cost Per Direct Beneficiary (Rs) - Actual465760
Number of Staff232521
Highest Salary (Rs p.a.)180,000192,000180,000
Lowest Salary (Rs p.a.)72,00078,00078,000
Regd. under : The Bombay Public Trust Act, 1950
Auditor : V. J. Choksi & Co.
Bankers :
ICICI Bank United Bank Of India
Lakshmi Vilas Bank

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

Trustees/Directors/Managing Committee:
Mr. Devendra S. Desai, Founder and Managing Trustee
Dr. Ravindra M. Sanghvi, Trustee
Mr. Himmatbhai D. Dawawala, Trustee
Mr. Priyesh R. Desai, Trustee

Source : Audit Report 2016

Financial Note : 1) Income from Institutional sources mainly includes grants from L&T and LIC. 2) The auditors have observed weaknesses in overall accounting controls and lack of sufficient review. However the management has, and will continue to, review the internal control environment. It believes that there were no material weaknesses in internal checks and controls which were appropriate to the size and nature of operations. 3) Overdraft balance has been adjusted against favourable balance in other Bank accounts and net amount is presented as Cash and Bank balance.

NGO Profile :
Children Toy Foundation (CTF) was set up in 1982 with the aim to educate children through play, help them acquire required skills, and develop a positive attitude towards life. Their activities benefit between 6,000 - 7,000 children in Mumbai, Baroda, and Allahabad. CTF believes that play and mental activities are important for children and it seeks to build socio-emotional skills, self-esteem and confidence in them. CTF has a network of 298 toy libraries in schools, orphanages, womens homes, senior citizen homes and hospitals all over the country.

The Foundation’s main corporate supporters are Larsen & Toubro, Tech Mahindra Foundation and Vibha Inc. (USA).

Major activities include:

  • Toy and Games libraries: CTF runs its own projects vide its seven Mobile play vans and two Khel-Vigyan centers (play centers) at Mumbai and Baroda. The NGO serves 32 Municipal schools in Mumbai, one school in Baroda, and children located in 20 village schools around Allahabad.  At times they visit construction sites, slums, and hospitals on weekends. During the year, CTF set up 10 new Toy and Games libraries in various locations. Records are kept of children attending the Toy Library Class.
  • Summer Camps: From April to June every year, Summer Camps are organised in Mumbai and Baroda, where various activities and games are conducted like crafts, puppet shows, drawing, coffee painting, sand painting, warli painting, nip painting, flower making, greeting card, skating etc. In FY16, Larsen & Toubro decided to work with private schools in slums and selected 4 schools to work with. Tech Mahindra Foundation proposed a partnership at Durga Devi Municipal school for Computer Training and other activities with their volunteers.    
  • Events: On the occasion of World Children Day, a press conference was organized to brief the project of 36 Mobile Khel-Vigyan vans in 36 states. The staff members are taken on a picnic annually. Every academic year, CTF organises various inter-school and inter-college contests. It also organises marathons and actively participates in the Standard Chartered Mumbai Marathon regularly.

CTF’s dream is to set up one Toy/Games Library and supply one Mobile Play Van in each state and territory of India.