shiksha kunji financial report 2014-15
DESCRIPTION
It is the financial report of Shiksha Kunji for the year 2014-2015TRANSCRIPT
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Financial Report 2014-15
Social Responsibility Cell
Xavier Institute of Management
Bhubaneswar
1 | S h i k s h a K u n j i F i n a n c i a l R e p o r t
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To empower the socially and
economically challenged people for a
better tomorrow
Our Mission
To build a platform which will spread the
power of literacy among the less fortunate
members of our society by bringing alumni,
students and academicians of XIMB family
together
Our Objective
To educate at least 80 children by the
academic year 2017-18
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Our Vision
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What Shiksha Kunji is all about:
Shiksha Kunji, an initiative of Social responsibility cell of XIMB, is a platform which aims at
facilitating education of children from weaker sections of the society. The initiative channelizes
support from the XIMB family (Student, Staff, Alumni and Faculty), towards a brighter future
for these children.
Shiksha Kunji was launched officially on 14th of November, 2012 with an objective of
educating at least 80 children in the academic year 2017-18.
This programme is implemented in partnership with schools which are selected through a
rigorous selection process. The schools in turn suggest students to Shiksha Kunji who are in
need of assistance to pursue education. The students are evaluated based on educational
records, family and economic background. Each selected student is provided assistance in
terms of school fees, books, uniforms and miscellaneous education expenditure. The
partnering schools in 2014-15 were ASHTAR (29 students) and Loyola Odia Medium school (11
students). The number of students under the programme has gone up to 40 in the current
academic year.
Our Targets for Academic Year 2015-16: Ensure the education of at least 50 to 55 students for the academic year 2015-16 An addition of affiliated School by the academic year 2015-16. In addition to new donors, retain at least 75% of the existing sponsors Addition of a minimum of 10 new sponsor. Implement and follow policies to ensure complete transparency and honesty in all
transactions.
Generate sufficient surplus to sustain education of at least 20 students each year till 2017-18.
Conduct impact assessment for all students on a half yearly basis.
3 | S h i k s h a K u n j i F i n a n c i a l R e p o r t
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Our current Affiliations:
ASHTAR (ASIAN SOCIETY FOR HUMANITY, TOGETHERNESS AND
REHABILITATION)
ASHTAR, operating since 7th Jan, 2001, was set up to impart education to children from
weak financial backgrounds at a subsidized cost.
Besides providing education, the school also ensures overall development of the children by
organizing various cultural events, vocational training workshops and community
development sessions. This better equips them for employment later on in life.
ASHTAR is recognized by the government of Odisha and follows the state syllabus.
LOYOLA ODIYA (RAINBOW) SCHOOL
The school was first started with a view to providing tutorial support to children from nearby
slums. After the merger of Loyola and Rainbow School in 2008, it transformed into a full-
fledged school
Currently, there are over 600 students enrolled in Loyola Odiya medium school, fromclasses UKG to 10th.
4 | S h i k s h a K u n j i F i n a n c i a l R e p o r t
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Our Supporters:
Integral parts of the programme are the donors who hail from the XIMB community
(students, faculty, Alumni and staff). The programme maps each donor to a beneficiary. The
donors are provided with information regarding the performance of their wards through bi-
annual reports. Our donors include the alumni from 1987-89 batch of XIMB.
Team Shiksha Kunji also reached out to its benefactors through various functions like Grand
Home Coming, Sanidhya (Alumni Home Coming), Convocation and other such
celebrations.
Our Team:
Faculty Team
Dr. D. Venkata Ramana (Faculty Corodinator)
Prof. Jeevan J. Arakal
Prof. P.K. Mohanty
Dr. Banikanta Mishra
Prof. Niraj Kumar
Dr. E. M. Rao
Founding Team
Hinang Shah
Surbhi Gupta
Arpit Asthana
Chandan Dikshit
N V Srikanth
Abdul K Mohd
Bijaylaxmi Rath
Nithya Joy
Gutta Rohith
Parantap Sharma
Prerna Katyal
Sudeshna Ray
Lavina Mittal
Sarat Kumar
Student Team 2014-15
Mamsha Rath
(Student Coordinator)
Akriti Singh
Indrajeet Kumar
Rakesh A
Shadow Team 2014 -15
Barnali Dash
Nishita Dash
V Abhinav
Shreya Goenka
Debangshu Bhattacherjee
Rakesh Jalan
Aayush Gandhi
Isha Upadhyay
Rachit Jain
Sathamchetty Balachander
Girish
Ankit Jain
Barsha Rani Hota
Alisha Mohanty
Radhika Sarda
Agrim Verma
Mirza Farhan Beg
Ragini Choudhary
Neyati Bhanot
5 | S h i k s h a K u n j i F i n a n c i a l R e p o r t
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Shiksha KunjiReceipts and Payments
for the year ended 31st March 2015
Receipts AmountPayments Amount
To Bank b/d 2,24,539 By ASHTAR 34,110
To Donors 1,05,000 By Loyola 32,230
To Interest 5,380By Bank c/d 2,73,218
To interest 6,223Website 684
Operational Expenses 900
3,41,142 3,41,142
6| S h i k s h a K u n j i F i n a n c i a l R e p o r t
Shiksha KunjiIncome and Expenditure for the year ended 31st March 2015
Expenditure Amount Income Amount
To ASHTAR 34110By Donations received in advance 66340
To Loyola 32230By Interest 5380
Operational Expenses 900By Interest 6223
Website 684
To Surplus 10019
77,943 77,943
Financial Details 2014-15 :
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7| S h i k s h a K u n j i F i n a n c i a l R e p o r t
Shiksha KunjiBalance Sheet
as on 31st March 2015
Liabilities AmountAssets AmountDonations received in advance 255619Bank 273218
Capital Fund 7580
Add: Surplus 10019
2,73,218 2,73,218
Donor ListYear Name Amount
2014-15
Student Executive Council
2013-14 70,000
2014-15 Jayita Das 2,500
2014-15 Ruby Peethambaran 2500
2014-15 Chandrasekhar AB 2500
2014-15 Deeptendu Samanta 2500
2014-15 Raj 2500
2014-15 W.S William 7500
2014-15 Ritika Agarwal 2500
2014-15 Sarandha Kumar 2500
2014-15 Amit Nanda 5000
2014-15 Dr D V Ramanna 5000
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Bank Account DetailsBranch- Fortune tower, Bhubaneswar
Account name- Shiksha KunjiAccount No- 32658365263 IFSC code- SBIN0004414
Contact UsWe welcome your feedback/ support/ suggestions.
Website: http://shikshakunji.org/ Email: [email protected]
Facebook: http//www.facebook.com/shikshakunji Mobile: +91 7504440870
NOTE: The limited responsibility of maintaining the accounts rests with Shiksha Kunji and Social Responsibility Cell only. This report is in not an annual report and not in accordance with GAAP guidelines. It is meant for the sole use of the stakeholders including supporters, affiliated schools and other people. For further details visit our website or mail us
8| S h i k s h a K u n j i F i n a n c i a l R e p o r t