HelpYourNGO
UN Sustainable Development Goals:
% Spent on Beneficiaries
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 | : | 2003 |
| Registered Address | : | No. 840, MHT House, 1st Floor, 5th Main, Indiranagar 1st Stage, Bengaluru 560038, Karnataka |
| Website | : | https://www.ffe.org |
| : | shekharsastri@ffe.org | |
| Telephone | : | +91 80 25201925 |
| Donor Contact | : | Mr. R. S. Sastri (Operations Director) / +91 9880547390 / shekharsastri@ffe.org |
| Registered Under | : | The Indian Trust Act, 1882 |
| Auditor | : | G. S. Prakash & Co |
| Bankers | : | ICICI Bank Ltd |
| Trustees/Directors/Managing Committee: | : | Ms. Sudha Kidao, Managing Trustee , Ms. Smita V. Uttarwar, Trustee , Mr. Rishikesha T. Krishnan, Trustee , Mr. Venktesh Shukla, Trustee , Mr. Arun M. Kumar, Trustee |
The Foundation for Excellence India Trust (FFEIT) is the Indian arm of the United States-headquartered Foundation for Excellence Inc. (FFE). It creates a wave of hope and prosperity, breaking the cycle of despair and launching students into a path of excellence by providing scholarships to economically weak, deserving students pursuing professional courses thereby impacting and transforming the lives of students through higher education support. Beyond financial support, FFEIT offers soft skills training, upskilling opportunities, and individual mentorship from corporate volunteers and alumni, preparing students for successful careers.
Major Interventions:
Scholarship Program: FFEIT offers merit-cum-means scholarships to students pursuing professional degrees in Technology, Engineering, Medicine, Pharmacy, and Law. Designed to support exceptionally talented students from economically disadvantaged backgrounds ensuring that financial limitations do not hinder their educational aspirations. Scholarships are awarded based on merit and family income, with eligibility requiring students to meet rank criteria from national or state exams and an annual family income cap of Rs. 3 Lakhs. The program, which has been successfully running for 29 years, provided annual scholarships of at least Rs. 40,000 to eligible students in FY23, renewable until graduation. Beyond financial aid, the program includes Student Development Programs offering skills training, mentoring, and employment opportunities, ensuring a comprehensive support system for the scholars.
Skill Development and Job Readiness Program: This comprehensive 4-year training initiative for Engineering, BPharm, and Law students involves a curated set of skills courses provided through vendor partners. It starts with first-year students completing the AMCAT (Aspiring Minds' Computer Adaptive Test) diagnostic assessment by Aspiring Minds to identify specific skill gaps. Throughout the program, students receive training via app-based platforms, including Baseline and Endline tests, advanced English learning programs, technical skills training, and mock interviews. Corporate partners offer additional virtual training in technical and soft skills, effectively addressing skill gaps and resulting in minimal dropout rates, high job placement records, and impressive salaries for graduating engineers.
Leadership & Mentorship Program: The FLY (Find the Leader in You) workshops are designed to impart non-cognitive skills essential for personality and character development, focusing on five key pillars: Conscientiousness, Taking Initiative, Perseverance, Innovativeness, and Problem Solving. The in-house mentoring program facilitates regular one-on-one interactions providing students with valuable insights into real-world expectations and situations. It connects third-year scholars with industry experts for personalized career guidance, enhancing skills and boosting career readiness. Feedback highlights high satisfaction, celebrating successful partnerships and recognizing outstanding mentors through dedicated sessions.
₹ 12,500
| Income & Expenditure Statement | |||
| FY 2021 (₹) | FY 2022 (₹) | FY 2023 (₹) | |
| Income | |||
| Government Sources | - | - | - |
| Foreign Sources | 146,645,052 | 108,234,890 | 155,479,132 |
| Institutional Sources | 6,498,957 | 23,536,291 | 1,935,133 |
| General Donations | 233,287,108 | 385,264,285 | 491,202,409 |
| Sales/Fees | - | - | - |
| Interest/Dividend | 6,547,132 | 7,916,100 | 9,487,986 |
| Other Income | 49,429 | 40,000 | - |
| Total Income (A) | 393,027,677 | 524,991,566 | 658,104,660 |
| Expenditure | |||
| Direct Program Activities | 347,369,307 | 499,118,512 | 625,363,787 |
| Program Staff Cost | 15,240,765 | 23,143,786 | - |
| Travel Expenses | 40,013 | 136,787 | 1,209,170 |
| Direct Program Expenses | 362,610,072 | 522,262,298 | 625,363,787 |
| Fund Raising Expenses | - | - | - |
| General Staff Cost | - | - | 27,882,386 |
| Overhead Expenses | 5,091,359 | 3,158,979 | 5,600,483 |
| Depreciation | 344,968 | 433,353 | 469,171 |
| Other Expenses/Transfers | 13,738,270 | - | - |
| Total Expenditure (B) | 381,824,682 | 525,991,417 | 660,524,997 |
| Surplus / Deficit (A-B) | 11,202,996 | -999,851 | -2,420,337 |
| Balance Sheet | |||
| FY 2021 (₹) | FY 2022 (₹) | FY 2023 (₹) | |
| Assets | |||
| Fixed Assets | 1,245,770 | 1,301,235 | 1,442,171 |
| Current Assets | 1,140,252 | 1,586,653 | 1,727,802 |
| Cash And Bank | 56,528,920 | 52,237,967 | 68,046,796 |
| Total Current Assets | 58,914,942 | 55,125,855 | 71,216,769 |
| Investments | 90,893,666 | 91,183,571 | 71,115,388 |
| Accumulated Deficits | - | - | - |
| Total Assets | 149,808,608 | 146,309,426 | 142,332,157 |
| Liabilities | |||
| Trust Corpus | 19,588,969 | 24,390,969 | 24,590,969 |
| General Funds | 120,848,414 | 119,848,563 | 117,428,226 |
| Earmarked Funds | - | 1,995,825 | 60,693 |
| Unutilized Grants | 9,296,463 | - | - |
| Total | 149,733,846 | 146,235,357 | 142,079,888 |
| Loans | - | - | - |
| Loans (From Members) | - | - | - |
| Current Liabilities | 74,762 | 74,069 | 252,269 |
| Other Liabilities | - | - | - |
| Total Liabilities | 149,808,608 | 146,309,426 | 142,332,157 |
| Financial Notes |
|
1) Income from Foreign Sources mainly includes grants from Foundation for Excellence Inc (USA).
2) Donations include funds received from Non-FCRA sources, with no further bifurcations provided. |
| FY 2021 (₹) | FY 2022 (₹) | FY 2023 (₹) | |
| Beneficiary Details | |||
| Direct Beneficiaries (nos.) | - | - | - |
| Indirect Beneficiaries (nos.) | - | - | - |
| Average Cost per Direct Beneficiary (₹) | - | - | - |
| Staff Details | |||
| No. of Staff | - | - | - |
| Number of Consultants | - | - | - |
| Number Of Volunteers | - | - | - |
| Total | - | - | - |
| Highest Paid Full-Time Staff (₹ p.a.) | - | - | - |
| Lowest Paid Full-Time Staff (₹ p.a.) | - | - | - |
| NGO Name | Sector | Sub Sector | Location | % Spent on Beneficiaries | Income (₹) | Expense (₹) | FY |
| Muktangan Education Trust | Education | School Ops | Maharashtra | 100 | 217,794,398 | 207,213,458 | 2022 |
| Abhivyakti Media for Development (AMD) | Education | Learning Aids | Maharashtra | 98 | 10,433,333 | 10,159,128 | 2021 |
| Akanksha Public Charitable Trust (Imlee Mahuaa) | Education | School Ops | Tamil Nadu | 98 | 1,892,695 | 1,894,560 | 2021 |
| Ganga Shikshan Prasarak Mandal | Education | School | Maharashtra | 98 | 21,501,465 | 19,892,584 | 2015 |
| Deep Foundation | Education | Hostel | Maharashtra | 98 | 514,548 | 536,550 | 2014 |
| Foundation For Excellence India Trust (FFEIT) | Education | Scholarships | Karnataka | 95 | 658,104,660 | 660,524,997 | 2023 |
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