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Basic Research Education and Development Society (BREAD Society)
Education Established : 1989
Used for Beneficiaries: 99%
Regd. Office : Plot No. 1300 A, Road No. 66, Jubilee Hills, Hyderabad 500033. Telangana
Email : breadsociety@gmail.com
Web-site : www.breadsocietyindia.org
Telephone : +91 80 28485128; +91 9391357141
Donor Contact : Mr. Ramamohan Rao Kakani / +91 9342109434 / breadsociety@gmail.com
Rs, Y/E March 31
Income & Expenditure Statement201520162017
Income From
Government Sources000
Institutional Sources000
Foreign Sources1,246,9552,367,1823,866,633
General donations461,000689,1501,490,200
Sales/Service Charges000
Interest/Dividend731,993635,781823,179
Other Income35,30014,3260
Total Income (A)2,475,2483,706,4386,180,012
Expenses For
Direct Programme Activities3,514,0882,659,0524,052,115
Programmes Staff Cost000
Travel Expenses000
Direct Programme Expenses3,514,0882,659,0524,052,115
Fund Raising Expenses000
General Staff Cost000
Overhead Expenses34,22725,32539,445
Depreciation3,7221,707879
Other Expenses/Transfer000
Total Expenditure (B)3,552,0372,686,0844,092,439
Surplus / (Deficit) (A-B)-1,076,7891,020,3542,087,573
Balance Sheet201520162017
Assets
Fixed Assets6,1244,4173,537
Current Assets184,567184,7972,500,320
Investments8,250,13710,142,82411,659,759
Accumulated Deficits000
Total Assets8,440,82810,332,03814,163,617
Liabilities
Trust Corpus62,00062,00063,000
General Funds5,313,2956,333,6498,431,221
Earmarked Funds2,938,9003,735,9005,550,956
Loans000
Current Liabilities126,634200,489118,439
Total Liabilities8,440,82810,332,03814,163,617
Other Details201520162017
Direct Beneficiaries (Nos)300,000344,000399,600
Indirect Beneficiaries (Nos)N.A.N.A.N.A.
Cost Per Direct Beneficiary (Rs)11810
Number of StaffN.A.N.A.N.A.
Highest Salary (Rs p.a.)111
Lowest Salary (Rs p.a.)111
Regd. under : The Societies Registration Act, 1860
Auditor : P. Mohana Rao & Co.
Bankers : Andhra Bank
UCO Bank

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

Trustees/Directors/Managing Committee:
Justice (Dr.) P. C. Rao, President Dr. K. Ramachandra Murthy, Vice-President
Mr. Chundru Janakiram Prasad, Vice-President Mr. Ramamohan Rao Kakani, Secretary
Mr. V. Kesava Rao, Joint Secretary Mr. B. Vidya Sagar, Treasurer
Mr. Vijaya Sai Meka, Joint Treasurer Mr. S. Sudhakar, Chief Coordinator
Dr. Raavi Sarada, Project Director Dr. Shanti Swarup Medasani, Member
Mr. M Nageswara Rao, Member Mr. C. Kesavulu, Member
Mr. Madan Mohan, Member Mr. Narasimhulu Naidu, Member
Mr. Krishnam Naidu, Member

Source : Audit Report 2017

Financial Note : 1) The NGO does not have any paid employee. The Staff costs shown are paid for Coaching Assistance. All work is done by volunteers and no money is spent on wages or tours. 2) We have assumed that each school has an average of 450 Students. The NGO had set up 551 libraries as of March 2014; this has increased to 663 libraries as of March 2015; 764 as of March 2016 and 888 as of March 2017. 3) Foreign Sources mainly include donations from NRIs and Give Foundation. 4) Publicity expenses are included in Fund Raising Costs. 5) FY14 onwards, Current Liabilities comprise UCO Bank Overdraft balance.

NGO Profile :
Basic Research Education And Development Society (BREAD) was established with the mission to inculcate the thirst for knowledge among students from the marginalized sections of society. This helps to achieve the childrens full potential for the good of the individual and society.

The Library Program was started in FY10, as children going to government schools had no access to books other than text books. With a view to inculcating reading habits among them, BREAD has set up 888 libraries (124 in FY17) in the past 8 years, thereby benefitting almost 4 lakh students annually.

An Expert Committee selects books of interest to children falling in the 9-15 years age group. Each BREAD Library consists of 600-650 books and has a corpus of Rs10,000 to distribute prizes to children. BREAD selects government schools securing six or more National Means-cum-Merit Scholarship (NMMS) awards in a year, for setting up its libraries. Donors can sponsor a library for Rs35,000. A donation of Rs2,000 enables it to replenish 80 books in its existing libraries. To sustain the interest of students, it adds 80-100 new books to its existing libraries on a rotation basis.

Responsibility of managing the libraries is given to a teacher by the Headmaster. The teacher in turn, selects three responsible students from each class to manage the library during their library period. This helps the students develop team spirit, leadership and managerial skills and also relieves the teachers from the burden of additional work of managing the libraries. BREAD has set up libraries in 617 NMMS schools and felicitated 1,772 Headmasters and teachers for their selfless service.

BREAD distributes prizes (10 for each school) to students for the best write-ups since write-ups are conclusive proof of students having read the books. During FY17, 550 students from 67 schools were given dictionaries as prizes for best write-ups.

From FY18, BREAD Scholarships will be revived for students of non-professional undergraduate and post graduate courses. Eligible students will be supported with an aid of Rs6,000 per year, for 2 years. To inculcate voluntary spirit among Scholars, they will be mentored to visit BREAD libraries to motivate students to read books. They will then give a feedback about their school visits, which will help the organization to monitor the performance of the libraries.



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