Paramshantidham Vridhashram Trust
Estd: 1988
Used for Beneficiaries: 74% *
Address : Taloja M. I. D. C., Near Technova Company, Taluka Panvel, Navi Mumbai 410208. Maharashtra
Email :
Web-site :
Telephone : +91 22 27412695
Donor Contact : Mr. Abhay Wagh / +91 9967047012 /
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201320142015
Income From
Government Sources590,000270,0000
Institutional Sources000
Foreign Sources000
Other Income000
Total Income (A)3,694,9343,968,0023,100,622
Expenses For
Direct Programme Activities720,732976,768878,545
Programme Staff Cost469,900515,000489,000
Travel Expenses2,84961,53243,322
Direct Programme Expenses1,193,4811,553,3001,410,867
Fund Raising Expenses1,30000
General Staff Cost000
Overhead Expenses594,322433,597482,967
Other Expenses/Transfer000
Total Expenditure (B)2,423,7122,595,0562,492,940
Surplus / (Deficit) (A-B)1,271,2221,372,946607,682
Balance Sheet201320142015
Fixed Assets10,414,83110,154,88010,189,571
Current Assets (excl. Cash)1,8001,8001,800
Cash/Bank 2,135,2923,801,8552,356,008
Accumulated Deficits000
Total Assets12,592,21713,968,96314,574,646
Corpus / Share Capital65,24965,24965,249
General Funds8,040,5659,413,51110,021,194
Earmarked Funds4,446,7034,446,7034,446,703
Current Liabilities39,70043,50041,500
Total Liabilities12,592,21713,968,96314,574,646
Other Details201320142015
Direct Beneficiaries (Nos)75N.A.N.A.
Indirect Beneficiaries (Nos)N.A.N.A.N.A.
Cost Per Direct Beneficiary (Rs) - Avg. 23,855N.A.N.A.
Number of Staff7N.A.N.A.
Highest Salary (Rs p.a.)144,000N.A.N.A.
Lowest Salary (Rs p.a.)64,800N.A.N.A.
Note: * Adjusted. Depreciation is more than 10% of total expenses and is excluded while calculating the proportion of expenses 'Used for Beneficiaries'
Regd. under : The Bombay Public Trust Act, 1950
Auditor : Prakash S. Padwal
Bankers : State Bank Of India
Bank Of India

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

Trustees/Directors/Managing Committee:
Mr. Maharaj, Chief Trustee Mr. Vairatvasi Abanand, Trustee
Mr. Ramchandra Baburao Atole, Trustee Mr. Vilas Tukaram Kadam, Trustee
Mr. Ram Jijaji Ugaokar, Trustee Ms. Shantibhai Dungrasi Maru, Trustee
Mr. Nanjibhai K. Thakkar, Trustee

Source : Audit Report 2015

NGO Profile :
Paramshantidham Vridhashram Trust (the Trust) was set to provide physical and emotional support to old (60+ years) and destitute people. It was set up with four members; currently the Trust supports more than 75 elderly people. Donations have been the largest source of income; however further expansion would require additional funds.

The Trust provides food, clothes, shelter and medical facilities with a caring and gentle touch to the homeless people who approach the Vridhashram. Cultural activities are also organized to provide the inmates with entertainment and keep their minds agile.