Aastha Foundation, Aurangabad
Estd: 2008
Used for Beneficiaries: 58%
Address : Plot No. 12, Sri Sankul, Flat No.1, Shrey Nagar, Aurangabad 431001. Maharashtra
Email :
Web-site :
Telephone : +91 240 2050330
Donor Contact : Mr. Girish D. Hanchanal / +91 9822035349 /
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201320142015
Income From
Government Sources000
Institutional Sources000
Foreign Sources000
Other Income000
Total Income (A)204,101665,552641,807
Expenses For
Direct Programme Activities125,49998,273132,743
Programme Staff Cost108,000159,000159,000
Travel Expenses4502,8505,600
Direct Programme Expenses233,949260,123297,343
Fund Raising Expenses63,583237,21252,856
General Staff Cost000
Overhead Expenses113,441107,741163,651
Other Expenses/Transfer400,00000
Total Expenditure (B)810,973605,076513,850
Surplus / (Deficit) (A-B)-606,87260,476127,957
Balance Sheet201320142015
Fixed Assets669,601935,4221,193,890
Current Assets (excl. Cash)50,00051,00051,000
Cash/Bank 127,68018,24442,025
Accumulated Deficits565,708505,232377,275
Total Assets1,412,9891,858,8431,921,186
Corpus / Share Capital512,4111,063,5121,138,512
General Funds000
Earmarked Funds000
Current Liabilities863,19369,33164,074
Total Liabilities1,412,9891,858,8431,921,186
Other Details201320142015
Direct Beneficiaries (Nos)355970512
Indirect Beneficiaries (Nos)3003501,500
Cost Per Direct Beneficiary (Rs) - Actual756624362
Number of Staff344
Highest Salary (Rs p.a.)120,000120,000120,000
Lowest Salary (Rs p.a.)36,00036,00036,000
Regd. under : The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
Auditor : M. S. Rathi & Co.
Bankers : Bank of Maharashtra

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

Trustees/Directors/Managing Committee:
Mr. Girish D. Hanchanal, President Mr. Siraj Mawani, Vice President
Mr. Pradip Tayal, Treasurer Mr. Ashish Garde, Secretary
Ms. Rakhi Mannikar, Joint Secretary Mr. Sunil Agrawal, Member
Ms. Neeta Agrawal, Member Mr. Sultan Ali Kudchiwala, Member
Mr. Ravindra Mannikar, Member

Source : Audit Report 2015

Financial Note : 1) The NGO has not provided a breakdown for the donations received. Most of the donors are individuals. 2) In FY15, Direct Program Expenses includes amounts spent on camps, and an event in which the late Dr. Kalam spoke. 3) In FY15, Fund Raising Expenses include Fund Raising events, Golf Championship, and an NGO Exhibition in Mumbai. In FY14, Fund Raising Expenses were spent on a 2-day event during the Joy of Giving Week. In FY13 & FY12, Advertisement costs taken as Fund Raising Expenses. 4) In FY13, building renovation of Rs400,000 taken in Other Expenses.

NGO Profile :
Aastha Foundation was established in 2008 in Aurangabad, Maharashtra. The main objective of the Foundation is to take care of the elderly, who need help and shelter.

Aastha Foundation wants to construct a Home (Basant Prabha-Visawa) in Aurangabad to provide residential housing and assisted living for the elderly. It will be constructed on 3 acres of land and accommodate up to 100 people. The Home will provide the elderly, twin sharing rooms with sanitation facilities, recreational facilities such as lawns and garden, dining hall and kitchen, meditation room, physiotherapy, counselling, and place to hold cultural events. The construction is expected to start from September 2015, after completing all legal formalities.

In FY15, Aastha Foundation organized an event on ‘Innovations in India’ in which a speech was given by Dr. A. P. J. Abdul Kalam. It organized a workshop on Fund Raising, participated in the GuideStar Exhibition in Mumbai, and also participated at a CSR Live Week Exhibition where it showcased its work and interacted with other NGOs and Corporates. Aastha Foundation also organized various need based programmes for senior citizens such as an Acupressure camp, Walkathon camp, Eye check-up, Bone density checking camp, Stress relieving workshop, and Alzheimer awareness camp.

With the support from Tata Institute of Social Sciences (TISS), Aastha Foundation has started conducting a Certificate Course in Geriatric care in Marathwada, which aims at promoting health, by preventing and treating diseases and disabilities in the elderly.

Aastha Foundation shared the ‘NGO Leadership & Excellence Award’ organized by ABP News channel on the occasion of World CSR Day that was held on 17-18th February, 2014.

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