Snapshot
Yusuf Memorial Trust
SECTOR: Health
SUB SECTOR: Hospital
% Spent on beneficiaries
81%
Financial Score:
Age: 25 Years
Tax Benefit: 50%
Foreign donations: Expired
Location(s): Work in progress.
Issues Addressed:
Work in progress.
Supported by:
Work in progress.
Key Trustees:
Dr. Mohammad Zahir Baig, Chairman Mr. Mirza Zainul Zahedun Baig, Trustee
Mr. Mirza Abul Kalam Baig, Trustee Mr. Shamshul Haque, Trustee
Mr. Bijoy Kumar Jena, Trustee Mr. Trilochan Pati, Trustee
Mr. Raj Kishore Pati, Trustee Mr. Nabanidhi Pati, Trustee
Sector Comparison:
Beneficiary Spend:
Average: 79.6% Highest: 99.9% Lowest: 28.7%
Income:
Average: Rs6 cr Highest: Rs115 cr Lowest: Rs1 lac
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Yusuf Memorial Trust (YMT) was set up to commemorate the memory of Saint Late Mirza Baig of Routrapur, Cuttack, for the development of weaker sections of society. YMT Trust has taken on lease a 40-bed multispecialty hospital named Sayeed Memorial Hospital since July 2013 at Kudiary Bazar in Khurda district.

Projects undertaken:

  • Hospital: Since FY14, YMT has been running a multispecialty hospital. The hospital is mainly meant to serve people living below the poverty line. The hospital undertakes to charge only nominal fees to the poor and the intention is not to run the hospital at a profit. In-Patient Department (IPD) cases are treated at 50% discount for the poor. No doctor’s fees are charged to the poor. As the result of the hospital operations, there has been a jump in income in FY14. In FY14, income from the Hospital was Rs61 lakh (76% of total income) and in FY15, hospital income was Rs1 crore (88% of income).
  • Health camps: As part of its work, YMT conducts free health check-up camps in the villages. Renowned doctors join these camps and advise the patients about proper treatment. In addition, they also organized programmes on AIDS Awareness and Prevention and Control of Malaria. In FY15, YMT organized 6 community meetings on drug abuse prevention in the villages to make people aware about the types of drugs, how chronic addicts became dependent on drugs physically and mentally, and are humiliated socially.
  • Agriculture & Medical Plantation: YMT has undertaken an agricultural program with a view to ensure food security at micro level. YMT owns 5 acres of land on which it undertakes agriculture and horticulture, and conducts dairy, goatery, and poultry activity. In FY15, 500 medicinal saplings have been distributed to 100 households, through the sessions organized in five villages.
Income
Rs
1 cr
Expense
Rs
1 cr
Source : Audit Report 2015