Snapshot
Vidya Poshak
SECTOR: Education
SUB SECTOR: Scholarships
% Spent on beneficiaries
86%
Financial Score:
Age: 16 Years
Tax Benefit: 50%
Foreign donations:
Location(s): Karnataka
Issues Addressed:
Financial assistance to underprivileged meritorious students to pursue their academic goals; Post-finance support like Guiding and training them
Supported by:
Various Colleges; Tata Motors; Enabling Leadership Foundation (Netherlands); Kannada Sangha Hong Kong; LetzDream Foundation; Vidya Poshak Alumni Association; Supraja Foundation (Hong Kong); Charities Aid Foundation
Key Trustees:
Mr. N. Venkatesan; Ms. Jyoti Desai; Dr. Anand Betadur
Sector Comparison:
Beneficiary Spend:
Average: 82.9% Highest: 100.0% Lowest: 38.0%
Income:
Average: Rs4 cr Highest: Rs75 cr Lowest: Rs1 lac
How much to donate
  • Rs1,000 for Sponsoring 1 year College fee of 1 student.
  • Rs3,000 for Sponsoring 1 year Degree Course fee of 1 student.
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Poverty should not be a barrier for Higher Education!
  • Crisis: Underprivileged students discontinue education due to various obstacles. They emerge without necessary skills required to finding employment.
  • Programs: 1) Nurture Merit: includes Financial assistance (for travel, college & exam fees), Library services (books, computer facility) and Residential Bridge Camp (career & life skills). 2) Skill Training: For soft skills development.
  • Criteria: 1) Min. 75% (Std.X student) and 70% (Std.XII student) for pursuing higher education. 2) Family income is below Rs70,000 p.a. 3) 500+ volunteers scrutinize applications and select deserving ones through house visits.
  • Outcome: 15,000+ students progressed to next level of literacy. Families of 4,000+ graduated students (avg salary Rs120,000 p.a.) are out of poverty. 182,000+ students benefitted through Library services. 100,000+ youth trained through various Skill Development trainings.
Income
Rs
2 cr
Expense
Rs
1 cr
Source : Audit Report 2016

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