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ASHRAYA

Empowering poor girls with education and training

Ashraya

Commitment & Expenditure Statement 2015

Schools and Colleges Commitment
(Rs)
Number of Scholarships

Secondary School Top Students

St. Paul Secondary School, Palumpur, Himachal Pradesh
6,000
3
Govt. Secondary School, Raijpur, Himachal Pradesh
6,000
3
Gov't Secondary School, Bundla, Himachal Pradesh
4,000
2

Post Secondary/Undergraduate

HMV College, Jalandhar
108,000
14
KMV Collage, Jalandhar
280,000
22
Doaba College, Jalandhar
90,000
6

Post-Graduate (Bruck Family)

HMV College, Jalandhar
40,000
3
KMV College, Jalandhar
120,000
6
Doaba College, Jalandhar
20,000
1

Vocational Education

Industrial Training Institute
Bundla, Himachal Pradesh
25,000
4
 

Total Commitments 2015

699,000
64
Portion disbursed in 2015
644,000
 
Plus: 2014 Commitment Disbursed in 2015
187,500
Less: Income on Ashraya-HDFC Account
10,802
 

Total Expenditures 2015

820,699

Notes:

  1. Ashraya Trust fiscal year Januray 1 - December 31
  2. Average Exchange Rate during FY2015 was US$1 = Rs. 66.0
  3. Total amount committed to Doaba College: Rs. 110,000 of which 55,000 disbursed in 2015. All other 2015 commitments disbursed fully in 2015
  4. Adiminstrative expenses in 2015: $26.95 VA SCC registration
  5. Accounts audited by S. Sood & Co.

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