HelpYourNGO - Education - Bharti-Foundation

Bharti Foundation

Sector: Education
Sub Sector: School
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goals:
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% Spent on Beneficiaries

87%
HelpYourNGO USP: Our Research Team studies the NGO's financials to arrive at ratios, variances and the % spent on beneficiaries. This % is the proportion of direct program expenses to total expenditure for the latest financial year, indicating the total direct spend on beneficiaries.

Year of Establishment : 2000
Registered Address : Airtel Centre, B- Wing, 1st Floor Plot No- 16, Udyog Vihar Phase IV, Gurgaon 122015, Haryana
Presence :
Website : https://www.bhartifoundation.org
Email : bharti.foundation@bhartifoundation.org
Telephone : +91 124 4248898
Donor Contact : Mr. Vijay Chadda / N.A / bharti.foundation@bhartifoundation.org
Registered Under : The Indian Trust Act, 1882
Auditor : Usha Rajeev
Bankers :
Trustees/Directors/Managing Committee: : Mr. Sunil Bharti Mittal - Chairman, Mr. Rakesh Bharti Mittal - Vice-Chairman, Mr. Rajan Bharti Mittal - Vice-Chairman, Mr. Badri Agarwal - Former President, Ms. Devendra Khanna - Trustee, Ms. Eiesha Bharti - Trustee, Ms. Radhika Bharti Mittal - Trustee, Mr. V. V. Ranganathan - Co-Founder and Trustee

With a key focus on education, the Foundation’s extensive programmes include:

  • Satya Bharti School Programme: The Foundation’s flagship rural education initiative is aimed at holistic development of children. With primary, elementary and senior secondary schools, this initiative provides free quality education to underprivileged children, with a special focus on the girl child. The students are provided free nutritious mid-day meals, uniforms, education material like text books and notebooks, etc. The teachers are trained regularly to ensure quality education. There are 254 Satya Bharti Schools. The programme aims to transform students into educated, responsible and self-reliant citizens with a deep sense of commitment to their society. Active involvement of parents, community and like-minded organisations are integral to the programme.
  • Satya Bharti Learning Centres: Bharti Foundation operates these Centres to conduct remedial/bridge courses in Government schools for the Out Of School Children (OOSC). This programme is being run in close partnership with ‘Educate a Child’, a global programme of the Education Above All Foundation. These Centres are setup to identify OOSC in remote villages and enrol them in Government schools.  The students are offered short and medium term age appropriate courses and mentoring by a resource teacher (Education Volunteer).
  • Satya Bharti Quality Support Programme: The aim is to take learnings and best practices from the Satya Bharti Schools to the Government schools for improving the overall quality of schooling experience for students. The programme focuses on partnering with Government schools and working along with its leadership and teachers to support them in providing quality education through need-based interventions and ensuring optimal utilization of Government resources. It offers schools support material and services like curriculum material, trainings, processes, pedagogical tools and mentoring sessions.
  • Satya Bharti Abhiyan: Bharti Foundation has undertaken this initiative to improve sanitation facilities in rural areas. As part of this programme, the Foundation has committed to invest Rs100 crores to be utilized over the next three years for the construction of household latrines in rural households and Government schools lacking such amenities in over 900 villages across Ludhiana district.
FY 2019 (₹) FY 2020 (₹) FY 2021 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - - -
General Donations 1,046,589,044 727,916,069 861,488,804
Sales/Fees - - -
Interest/Dividend 317,090,229 320,575,044 305,866,958
Other Income - - -
Total Income (A) 1,363,679,273 1,048,491,113 1,167,355,762
 
Expenditure
Direct Program Activities 665,260,374 527,657,751 498,916,389
Program Staff Cost 473,056,890 461,094,355 425,024,081
Travel Expenses - - -
Direct Program Expenses 1,138,317,264 988,752,106 923,940,470
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 52,779,460 75,069,940 42,987,101
Depreciation 120,582,782 108,180,097 100,101,146
Other Expenses/Transfers - - -
Total Expenditure (B) 1,311,679,506 1,172,002,143 1,067,028,717
 
Surplus / Deficit (A-B) 51,999,767 -123,511,030 100,327,045
Assets
Fixed Assets 1,042,023,395 913,972,716 812,361,098
Current Assets 968,664,898 2,340,834,131 2,352,046,487
Cash And Bank 2,223,996,738 887,602,904 1,374,710,173
Total Current Assets 4,234,685,031 4,142,409,751 4,539,117,758
Investments 935,015,000 1,129,142,874 1,177,679,940
Accumulated Deficits - - -
Total Assets 5,169,700,031 5,271,552,625 5,716,797,698
 
Liabilities
Trust Corpus 3,072,320,478 3,091,141,478 3,115,252,478
General Funds 1,829,354,718 1,705,843,688 1,806,170,733
Earmarked Funds 157,265,818 304,671,860 670,756,995
Unutilized Grants - - -
Total 5,058,941,014 5,101,657,026 5,592,180,206
Loans - - -
Loans (From Members) - - -
Current Liabilities 110,759,017 169,895,599 124,617,492
Other Liabilities - - -
Total Liabilities 5,169,700,031 5,271,552,625 5,716,797,698
1) Interest/Dividend in FY13 includes Other Income, since schedules to the financial statements have not been provided.
2) Other Income includes profit on redemption of mutual funds, provisions written back, and miscellaneous income.
3) The NGO has provided overall amounts spent on various projects, but not the schedules to the financial statements.
4) Direct Programme Activities include operational expenses like rent, electrity, repairs/maintenance, transportation charges pertaining to Schools.
5) Assets written off shown under Other Expenses/Transfers.
6) Cash and Bank balances upto FY13 include Fixed Deposits with Banks.
FY 2019 FY 2020 FY 2021
Beneficiary Details
Direct Beneficiaries (nos.) - - -
Indirect Beneficiaries (nos.) - - -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - -
Number of Consultants - - -
Number Of Volunteers - - -
Total - - -
Highest Paid Full-Time Staff (₹ p.a.) - - -
Lowest Paid Full-Time Staff (₹ p.a.) - - -
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
H M Charitable Trust Education Scholarships Maharashtra 100 1,488,546 1,478,865
arr2
Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 99 524,991,566 525,991,417
arr3
K.C. Mahindra Education Trust Education Girl Child Maharashtra 98 614,759,638 549,054,075
arr4
Atulya Vikash Education Services Jharkhand 97 333,630 333,127
Bharti Foundation Education School Haryana 87 1,167,355,762 1,067,028,717
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220


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