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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

92%
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 is committed to empowering economically disadvantaged students through education and skill development. Its mission is to bridge the gap between talent and opportunity by providing financial aid, mentorship, and career guidance. Vidya Poshak focuses on holistic development, equipping students with the necessary skills to excel academically and professionally.

Major Interventions:

Financial Assistance Program (Nurture Merit): This flagship initiative provides financial aid, library resources, and skill development support to meritorious students from economically challenged backgrounds. The program ensures that financial constraints do not hinder students from accessing higher education. Nurture Merit Excel is a structured program supports bright students in pursuing professional education, covering tuition fees, books, and essential academic expenses. In addition to financial aid, students receive mentoring and exposure to corporate environments through industrial visits.

Residential Bridge Camp: Designed to equip students with essential life skills, this program offers training in leadership, communication, and employability skills. Participants engage in interactive workshops, personality development sessions, and career guidance activities to prepare them for academic and professional success.

Yuva Fellowship: This initiative aims to enhance the quality of education in rural schools. Fellows work directly with students, focusing on Mathematics, Science, and English, fostering critical thinking and practical application of knowledge. The program also provides opportunities for students to participate in academic competitions and experiential learning visits.

Digital Services: The NGO provides online training sessions covering study techniques, time management, career trends, and job readiness. The digital platform ensures that students, regardless of location, have access to valuable learning resources.

Payana – Educational Empowerment for Girls: This program supports young girls from single-mother-led families, providing them with financial assistance, mentorship, and skill-building opportunities. It aims to foster confidence, independence, and career readiness.

Counseling & Governement School Improvement Program: Vidya Poshak offers personal counseling services to address academic, emotional, and psychological challenges faced by students. Awareness sessions are conducted in schools and colleges to promote mental well-being and stress management. It also collaborates with rural government schools to enhance infrastructure, provide learning resources, and improve teaching methodologies. Support includes the installation of water filtration systems, the provision of smart classrooms, and the distribution of educational materials.

FY 2022 (₹) FY 2023 (₹) FY 2024 (₹)
Income
Government Sources - - -
Foreign Sources 6,627,792 2,627,381 5,256,737
Institutional Sources 45,188,186 42,861,071 39,457,969
General Donations 16,825,894 11,970,251 5,484,024
Sales/Fees 6,000 2,500 3,000
Interest/Dividend 2,903,534 3,028,805 4,217,310
Other Income 51,892 45,059 6,963
Total Income (A) 71,603,298 60,535,067 54,426,003
 
Expenditure
Direct Program Activities 64,272,885 34,817,112 43,434,633
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 64,272,885 34,817,112 43,434,633
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 2,002,038 8,651,719 3,628,685
Depreciation 461,243 345,462 296,562
Other Expenses/Transfers - 10,000,000 50,000
Total Expenditure (B) 66,736,166 53,814,293 47,409,880
 
Surplus / Deficit (A-B) 4,867,132 6,720,774 7,016,123
Assets
Fixed Assets 1,644,334 1,959,572 1,308,610
Current Assets 955,945 703,518 1,080,096
Cash And Bank 858,161 2,035,687 747,091
Total Current Assets 3,458,440 4,698,777 3,135,797
Investments 62,626,030 67,597,989 65,733,284
Accumulated Deficits - - -
Total Assets 66,084,470 72,296,766 68,869,081
 
Liabilities
Trust Corpus 19,968,675 19,900,000 19,900,000
General Funds 16,125,874 23,855,837 30,871,960
Earmarked Funds 18,975,440 18,036,025 18,036,025
Unutilized Grants - - -
Total 55,069,989 61,791,862 68,807,985
Loans - - -
Loans (From Members) - - -
Current Liabilities 11,014,481 10,504,904 61,096
Other Liabilities - - -
Total Liabilities 66,084,470 72,296,766 68,869,081
1) Other Income includes IT refunds and miscellaneous receipts.
2) The NGO has not provided a detailed breakdown of the program expenses.
3) Other Expenses include provisions.
FY 2022 FY 2023 FY 2024
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 (₹)
Foundation For Excellence India Trust (FFEIT) Education Scholarships Karnataka 95 658,104,660 660,524,997
arr2
Vidya Poshak Education Scholarships Karnataka 92 54,426,003 47,409,880
Vidya & Child (Project under JPNMT) Education Learning Centre Uttar Pradesh 91 53,857,742 62,289,896
arr3
Christel House India Education School Karnataka 88 250,461,000 254,914,000
Indian Dreams Foundation (IDF) Education Learning Centre Uttar Pradesh 75 1,415,740 1,400,398
arr4
Nabadwip Bakultala Vidyalaya Praktan Chhatra Sammilanee (NBVPCS) Education School West Bengal 62 1,805,618 2,329,936


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