HelpYourNGO - -

Vidya Poshak

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

UN Sustainable Development Goals:
NGO LogoNGO Logo

% Spent on Beneficiaries

80%
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 : 2001
Registered Address : 1st Floor, Yashoda Sadan, Vidyagiri, Dharwad 580004, Karnataka
Presence : Karnataka
Website : https://www.vidyaposhak.ngo
Email : venkatesh@vidyaposhak.org.in
Telephone : +91 +91 9845038017
Donor Contact : Mr. Venkatesan / +91 9845038017 / gfs.venky@gmail.com
Registered Under : The Societies Registration Act, 1860
Auditor : Subhas Patil & Co.
Bankers : Canara Bank, ICICI Bank, State Bank of India
Trustees/Directors/Managing Committee: : Mr. C. V. Onkari - President, Ms. Jyoti Desai - Vice President, Mr. Chandrashekhar Kariyappanavar - Secretary, Mr. Banderao Patwari - Treasurer, Mr. Vijay Kulkarni - Member, Mr. R. N. Tikot - Member, Mr. Shrishail Yadahalli - Member

Vidya Poshak equips youth with tools and strategies to develop a personal vision, thereby empowering them to reach their highest potential. Through its various programs, the NGO supports education, skill development, and emotional well-being, making a significant impact on the lives of those it serves.

Major Interventions:

Financial Assistance: Vidya Poshak's flagship program, Nurture Merit, offers extensive support to economically challenged yet meritorious students by providing financial assistance, library access, and skill development opportunities. It has aided students in pursuing higher education and given those in professional courses the opportunity to visit various companies to gain insights into the corporate world. The NGO ensures quality through timely scholarship renewals, house visits for new students, regular reporting to stakeholders, district-wide student orientation programs, compulsory online orientations, and organized industrial visits. It covers full college fees, books, and equipment, and connects students with mentors for guidance and digital skill development services.

Payana Program: This program is dedicated to empowering adolescent girls aged 15 to 21 by providing educational support from the 9th standard to degree level. The program includes student identification, counselling with their mothers, house visits, and enrolment. Once enrolled, the girls participate in various training programs for overall development, including Yoga for Menstrual Health, Communicative English workshops, Computer Applications, and Self-Defence.

Residential Bridge Camps are designed to enhance life skills not typically covered in regular education or community settings. They include soft skills training for Class XI and XII students, focusing on adaptability, leadership, communication, and other essential skills to help them become well-rounded individuals and effective team players. Additionally, job preparation and employment readiness camps are held for non-professional degree students, covering competitive aptitude, resume writing, interview techniques, and more. Each camp features interactive group activities, practical exercises, and yoga sessions.

Counseling Program: This program offers individual counselling to help resolve psychosocial issues, targeting problems like gadget addiction, anxiety, and relationship issues. It includes college visits, awareness sessions, and events such as Suicide Prevention Day and World Mental Health Day, reaching numerous students and stakeholders. The program conducts interactive training with discussions and Q&A sessions, with resource persons providing essential materials to support students’ learning. This ensures comprehensive support and accessibility to vital information on mental health topics across various locations.

FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Income
Government Sources - - -
Foreign Sources 10,835,993 6,627,792 2,627,381
Institutional Sources 15,107,256 45,188,186 42,861,071
General Donations 13,622,003 16,825,894 11,970,251
Sales/Fees 11,500 6,000 2,500
Interest/Dividend 2,859,316 2,903,534 3,028,805
Other Income 16,438 51,892 45,059
Total Income (A) 42,452,507 71,603,298 60,535,067
 
Expenditure
Direct Program Activities 36,185,479 64,272,885 34,817,112
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 36,185,479 64,272,885 34,817,112
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 2,401,704 2,002,038 8,651,719
Depreciation 535,342 461,243 345,462
Other Expenses/Transfers - - 10,000,000
Total Expenditure (B) 39,122,525 66,736,166 53,814,293
 
Surplus / Deficit (A-B) 3,329,982 4,867,132 6,720,774
Assets
Fixed Assets 2,015,577 1,644,334 1,959,572
Current Assets 938,717 955,945 703,518
Cash And Bank 224,138 858,161 2,035,687
Total Current Assets 3,178,432 3,458,440 4,698,777
Investments 59,527,235 62,626,030 67,597,989
Accumulated Deficits - - -
Total Assets 62,705,668 66,084,470 72,296,766
 
Liabilities
Trust Corpus 19,967,575 19,968,675 19,900,000
General Funds 19,258,742 16,125,874 23,855,837
Earmarked Funds 9,975,440 18,975,440 18,036,025
Unutilized Grants - - -
Total 49,201,757 55,069,989 61,791,862
Loans - - -
Loans (From Members) - - -
Current Liabilities 13,503,911 11,014,481 10,504,904
Other Liabilities - - -
Total Liabilities 62,705,668 66,084,470 72,296,766
1) Due to lack of detailed breakdown of the program expenses, we have assumed 15% spents as overhaeds.
2) Other Expenses includes provisions.
FY 2021 FY 2022 FY 2023
Beneficiary Details
Direct Beneficiaries (nos.) - - 1,840
Indirect Beneficiaries (nos.) - - 10,000
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff - - 14
Number of Consultants - - 17
Number Of Volunteers - - 250
Total - - 281
Highest Paid Full-Time Staff (₹ p.a.) - - 984,000
Lowest Paid Full-Time Staff (₹ p.a.) - - 180,000
Services Funds Raised (₹)
Donation 4,625
Offline Donation 5,000
Quantum SMILE 3,357
Systematic Giving Plan - Quantum SMILE 63,591
Total Funds Raised 76,573
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
Atulya Vikash Education Services Jharkhand 97 333,630 333,127
Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 95 658,104,660 660,524,997
arr3
K.C. Mahindra Education Trust Education Girl Child Maharashtra 85 1,339,741,000 1,344,351,000
arr4
Vidya Poshak Education Scholarships Karnataka 80 60,535,067 53,814,293
Atma Education Trust Education Services Maharashtra 76 19,739,697 17,160,220


Look for NGOs working in your preferred State