Summary
Modern Educational Social & Cultural Organisation (MESCO)
Education
Scholarships
Estd: 1968
Used for Beneficiaries: 90%
Address : Natalwala Building 110, Veer Savarkar Road, Mahim, Mumbai 400016. Maharashtra
Email :  mescotrust@yahoo.co.in
Web-site : www.mescotrust.org
Telephone : +91 22 24455365; +91 22 24441442
Donor Contact : Mr. A. R. Ansari / +91 9967594946 / trustmesco@gmail.com
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201420152016
Income From
Government Sources000
Institutional Sources000
Foreign Sources004,588,500
Donations67,896,74358,583,70369,081,947
Sales/Fees77,60001,224,895
Interest/Dividend1,916,4122,847,1302,633,752
Other Income790,317796,671460,849
Total Income (A)70,681,07262,227,50477,989,943
Expenses For
Direct Programme Activities59,171,56366,568,14956,544,393
Programme Staff Cost0014,954,208
Travel Expenses00184,618
Direct Programme Expenses59,171,56366,568,14971,683,219
Fund Raising Expenses00613,002
General Staff Cost003,032,505
Overhead Expenses10,866,62912,030,2323,201,005
Depreciation781,909810,778701,815
Other Expenses/Transfer12,27200
Total Expenditure (B)70,832,37379,409,15979,231,546
Surplus / (Deficit) (A-B)-151,301-17,181,655-1,241,603
Balance Sheet201420152016
Assets
Fixed Assets4,707,4844,550,4893,868,473
Current Assets (excl. Cash)3,080,1493,140,8993,099,812
Cash/Bank 21,282,9404,607,1194,991,221
Investments14,992,34915,450,08516,556,035
Accumulated Deficits000
Total Assets44,062,92227,748,59228,515,541
Liabilities
Corpus / Share Capital12,387,32913,247,32914,010,709
General Funds30,392,51813,210,86311,969,258
Earmarked Funds1,051,0091,051,0092,166,266
Loans000
Current Liabilities232,066239,391369,308
Total Liabilities44,062,92227,748,59228,515,541
Other Details201420152016
Direct Beneficiaries (Nos)8324,479N.A.
Indirect Beneficiaries (Nos)1,79674,289N.A.
Cost Per Direct Beneficiary (Rs) - Avg. 84,19517,548N.A.
Number of Staff444442
Highest Salary (Rs p.a.)691,224734,232726,168
Lowest Salary (Rs p.a.)81,60086,40097,212
Regd. under : The Bombay Public Trust Act, 1950
The Societies Registration Act, 1860
Auditor : CNK & Associates LLP
Bankers : State Bank of India

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

Trustees/Directors/Managing Committee:
Dr. Azhar Ali Qureishi, President Mr. Salman Kardame, Vice President
Prof. M. Farhaan Makba, Gen. Secretary Mr. Saeed A. Vohra, Treasurer
Dr. M. A. Khatkhatay, Member Mr. Idris Bhoira, Member
Mr. Nazir Shaikh, Member Mr. Masud Memon, Member
Mr. Maqbool Shaikh, Member

Source : Audit Report 2016

Financial Note : 1) In FY16, Medical dispensary income has been taken under Sales/Fees. 2) Other income includes net income from newspapers and old clothes donated to the NGO. 3) Direct Program Activities include Scholarships/Educational Aid, Medical Relief Aid, Donation-in-kind and Food Support given to the poor. 4) Upto FY15, The NGO has provided overall amounts spent on various objects, but not a detailed breakdown. 5) Fund Raising Expense includes advertisement and promotion expense.

NGO Profile :
Modern Educational Social and Cultural Organization (MESCO) was established by a group of friends in 1968 in Mumbai. The organization works in the areas of education, medical assistance and poverty relief to help the disadvantaged and poor.

The main activities in 2016 are:

  • Educational Support Programs:

(i) Educational Aid: MESCO assisted 1,702 students at the school level and 1,273 students at the college level by way of one time financial aid at the beginning of the academic year. Deserving students enrolled for Industrial Training Institute (ITI) courses and aid was provided to Short Term Vocational Courses.

(ii) Educational Adoption Scheme (EAS): This program identifies high-performing students with limited means and supports their educational requirements on a multi-year basis. 518 students were supported during FY16.

(iii) High Cost Education Scheme (HCES): Under this program financial help is provided to academically bright students for professional courses. 216 students were provided education loan during the year. The beneficiaries help MESCO by paying back in their own way.

(iv) School adoption: MESCO has adopted the R.C. Mahim Municipal Urdu School in Mumbai and has been supporting the school and college with academic and non-academic resources and staff support since 1997. This year, over 20% students secured First Class in their class X exams.

  • Medical Services:

(i) Medical Aid: MESCO provides High Cost Medical Aid to persons suffering from diseases, ailments, injuries or burns and undergoing treated at municipal and government hospitals. 400 such patients were supported in FY16. Support is also provided in the form of general medical aid for minor surgeries and medicines.

(ii) Mobile Clinics and Dispensaries: MESCO runs mobile clinics and dispensaries through which several awareness and medical camps are conducted. Emphasis on prevention of diseases is the primary focus to overcome nutrition deficiencies, infectious diseases and unhygienic living conditions. Antibiotics, vitamins, calcium and iron supplements are provided.

  • General Aid: During the year 367 families were provided with monthly dry ration. 115 sewing machines were distributed to widows and unemployed women as part of sewing machine donation drive. The NGO provides support for disaster relief and conducts old clothes donation drive.