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2014-15 Q4 Quarterly Update

Posted by on May 16, 2015

Dear All,

It’s time for the last quarterly update of the Financial year 2014-15. It was a busy quarter with quite a few updates. Few Highlights include

· Finalization of our logo
· Conducting Mock Interview for all degree students
· Placement of our Final year students
· Outing to Nandi Hills
· Visit to Government schools for inducting new students
· Getting press coverage in Deccan Herald A Push in the Right Direction

Please follow us on Facebook by liking our page FriendsofChildren to get more regular updates.

This year we are planning to induct 25 new students, currently regular sessions are ongoing to identify the needy students.

In 2015-16 we will be supporting 70 students (25 new students and 45 existing students). Assuming the average cost per student is going to be around Rs 17000-18000, our budget for 2015-16 would be around 12-13 lakhs. Our opening balance for the year 2015-16 is Rs 2,06,950, which implies we will need an addition of Rs 10,000,00 for the rest year, out of which Rs 6,00,000 to Rs 7,00,000 would be needed by 1st week of June.

Looking forward for your continued support.

With Regards,
Friends of Children Trust

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