Snapshot
Foundation For Excellence India Trust (FFEIT)
SECTOR: Education
SUB SECTOR: Scholarships
% Spent on beneficiaries
99%
Financial Score:
Age: 14 Years
Tax Benefit: 50%
Foreign donations:
Location(s): Work in progress.
Issues Addressed:
Work in progress.
Supported by:
Work in progress.
Key Trustees:
Ms. Sudha Kidao, Managing Trustee
Ms. Smita V. Uttarwar, Trustee
Mr. Rishikesha T. Krishnan, Trustee
Mr. Venktesh Shukla, Trustee
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
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Foundation for Excellence India Trust (FFEIT) is the Indian arm of the United States-headquartered Foundation for Excellence Inc. (FFE). FFEIT was set up in Bengaluru in 2003 to provide scholarships to economically weak, deserving students pursuing professional courses in the areas of technology, engineering, and medicine. A scholar who completes his or her program through FFEIT can become a member of the Trust to help other scholars in the future.

FFE has supported nearly 16,000 scholars and has awarded over 40,000 scholarships aggregating Rs80 crores, making FFE one the largest scholarship granting organizations for higher education in India.

Open House Events and Alumni Connect: A series of Open House events were conducted in 6 cities in FY16 to strengthen engagement with stakeholders like students, alumni, facilitators, volunteers, individual/corporate donors and community partners together. These events provided an opportunity to bring together students and alumni, offering a scope for interaction and forging new and strong bonds with the organisation and between themselves. FFE’s model of self-sustainability is closely linked to participation of FFE’s alumni in its growth. This includes financial contributions from alumni as well as alumni engagement as volunteers – contributing their time and talent to further the mission of FFE.

Mentoring: FFE launched Work Skill Mentorship program in Bengaluru, in partnership with Mentor Together, around 100 FFE scholars were matched with senior level corporate employee mentors. The duration of the Mentorship included 734 meetings and in excess of 1500 hours of mentorship, with an average meeting time of 2 hours. Emotional maturity, social and career maturity, occupational self-efficacy related criteria were measured for mentees at the start and finish of the program.

Summer Training Program: In response to a need for a structured work readiness training program for FFE scholars, a 3 week pilot, residential Summer Training Program (STP)  launched in partnership with IIT-Gandhinagar. The training aimed to improve employability of FFE scholars by supplementing academic learning with technical and soft skills. 58 students completed the training program and graduated in FY16.

FFE was awarded a “Certificate of Merit” by the National CSR Leadership Congress and Awards in September 2016.

Income
Rs
20 cr
Expense
Rs
19 cr
Source : Audit Report 2016
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