Summary
Vathsalya Charitable Trust
 
Children
Child Care/Balwadi/Creche
Estd: 1988
Used for Beneficiaries: 82%
Address : No. 717, 5th Cross, HRBR Layout, Kalyan Nagar, Bengaluru 560043. Karnataka
Email :  vathsalya1988@gmail.com
Web-site : www.vctblr.org
Telephone : +91 80 25457360
Donor Contact : Ms. Mary Paul / +91 80 25452671 / vathsalya88@rediffmail.com
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201320142015
Income From
Government Sources000
Institutional Sources00100,000
Foreign Sources5,821,0734,155,9388,384,125
Donations3,514,2111,808,6861,469,245
Sales/Fees951,5001,223,000796,820
Interest/Dividend663,658663,506657,843
Other Income321,627138,530126,584
Total Income (A)11,272,0697,989,66011,534,617
Expenses For
Direct Programme Activities4,985,3752,060,5285,098,260
Programme Staff Cost4,726,2754,138,3815,223,099
Travel Expenses206,958256,00295,926
Direct Programme Expenses9,918,6086,454,91110,417,285
Fund Raising Expenses00427,920
General Staff Cost000
Overhead Expenses1,280,4491,555,2511,464,060
Depreciation303,833426,396438,587
Other Expenses/Transfer71,43500
Total Expenditure (B)11,574,3258,436,55912,747,852
Surplus / (Deficit) (A-B)-302,256-446,898-1,213,235
Balance Sheet201320142015
Assets
Fixed Assets13,483,64913,750,80013,547,721
Current Assets (excl. Cash)224,015525,4761,084,000
Cash/Bank 2,254,4983,316,2971,687,617
Investments8,260,9696,243,6606,243,660
Accumulated Deficits000
Total Assets24,223,13123,836,23222,562,998
Liabilities
Corpus / Share Capital000
General Funds24,223,13123,776,23222,562,998
Earmarked Funds000
Loans000
Current Liabilities060,0000
Total Liabilities24,223,13123,836,23222,562,998
Other Details201320142015
Direct Beneficiaries (Nos)N.A.N.A.N.A.
Indirect Beneficiaries (Nos)N.A.N.A.N.A.
Cost Per Direct Beneficiary (Rs)N.A.N.A.N.A.
Number of Staff313330
Highest Salary (Rs p.a.)493,740514,560535,572
Lowest Salary (Rs p.a.)78,97276,33272,000
Regd. under : The Indian Trust Act, 1882
Auditor : Sonde Srinivas & Co.
Bankers : State Bank Of India

Donor tax benefits : 80G 50%
Eligible for foreign donations : Yes

Trustees/Directors/Managing Committee:
Mr. K. Joseph Davaraj, Chairman Dr. Eva Bell, Secretary
Mr. Anjan C. Treasurer Ms. Preeth David, Trustee
Mr. Mohan Krishnan, Trustee Ms. Susan Ninan, Trustee
Mr. Tapash Kumar Basu, Trustee Mr. Devrath Jain, Trustee
Ms. Mythili Gangadhar, Trustee

Source : Audit Report 2015

Financial Note : 1) Significant increase in Income from Foreign Sources in FY15 is due to a foreign grant of Rs82 lakhs. 2) Donations include donations-in-kind such as medicines. 3) Sales/Fees include adoption, home study, and therapy charges, and reimbursement of local conveyance. 4) Direct Programme Activities include overheads like legal, printing/stationery expenses, etc pertaining to programmes. 5) Programme Staff Cost includes General Staff Cost. 6) In FY13, Other Expenses is on account of loss on sale of asset.

NGO Profile :
Vathsalya Charitable Trust (VCT) works for the welfare of abandoned/relinquished children. They enable children to live their dreams, by providing them with informal education and nutritious food. Until recently, their focus was on adoption, foster care, and educational sponsorship. Since inception, VCT has placed over 950 children in families. With the fall in number of abandoned children in recent years, VCT has revised its focus to strengthen and preserve families, prevent abandonment, and focus on migrant families and their children.

Their activities include:

  • Education Sponsorship: VCT supports the education of children from financially disadvantaged backgrounds and gives them the confidence and security to continue their studies. In FY15, the organization sponsored 850 students’ education by providing for their tuition fees, school uniforms, books, and other activities. Get-togethers, competitions, and various other activities are organized by VCT. Trainings are organised where parents are briefed on active listening, nutrition, good parenting, and education; whereas the children are made aware of ‘Good Touch, Bad Touch’, child helpline, sexual abuse, child labour, ill-effects of child marriage, and importance of girl education.
  • Day Care Centre: The organization runs a Day Care Centre for migrant children where over 80 children, including those with special needs, have been admitted. Children below 3 years spend the day at the centre, while the older children attend VCT’s informal school. VCT provides them with nutritious meals, medical care and regular health check-ups. Children with special needs are attended to by a special day care worker who spends time talking and interacting with them. An occupational therapist and speech therapist also come periodically to work with these children. Celebrations are also held for Independence Day, Children’s day, birthdays, Onam and Christmas.
  • Adoptive Parents Meet: Although there is a shift in the work of VCT, they hold parents' meets to bring together many of their parents, in collaboration with SuDatta. The agenda is to discuss how and when to inform kids about their adoption.
  • Community Visits: Monthly visits are organised for Asha workers and Auxiliary Nurses at Koira Primary Health Care Centre for discussing parenting, nutrition, cleanliness, diseases, child abuse, child labour, etc.