Highlights of the month 
                                                           FY  2018 - 19

Managing Committee monthly meeting was held on 21. 07. 2018 at 5.00 p.m.
Number of members present: 13

Position of inflow of funds during the month, 01.06.2018 to 30.06.2018 and cumulative for the year as on 30.06.2018 are given below.

 

        For  June 2018

  Cumulative till 31.06.2018

   Number Rs. Number Rs.
Patrons - - 2 2,000
Endowments :NEW 2 65,000 7 4,74,500
Endowment-Addition 13 91,450 23 6,26,479
Donations 2 1,02,000 2 6,05,407
Foreign Loan Repayment 1 5,000 - 25,867

 

TOTAL | 2,63,450/- 18,34,253/-

The free scholarship disbursement during the year 2017-18 has for the first time exceeded Rs. ONE CRORE

The Committee approved grant of Foreign Loan Scholarship of Rs. 2 lakhs each two 2 girl engineering graduates for Master degree in Computer Science, in USA.

Free scholarship to school students is increased from Rs 1,000 to Rs. 1,500/- from this year, ( FY 2018-19 ), which is at par with PUC students.

Shri Ramesh V. Bhandarkar, Treasurer, presented the Provisional Budget for FY 2018-19. He appraised the members and assured that the Audit of accounts FY 2017-18 will be completed by 18.08.18.  Accordingly, the League’s AGM date is fixed for 30.09. 2018

Work on compiling the matter, collecting the advertisements and then printing the Annual Report has commenced. Smt. Gita R. Pai and Shri Madhukar Pai will coordinate this work. They will be assisted by some other committee members.


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