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% Spent on Beneficiaries
HelpYourNGO USP: Our Research Team studies the NGO's financials to arrive at ratios, variances and the % spent on beneficiaries. This % is the proportion of direct program expenses to total expenditure for the latest financial year, indicating the total direct spend on beneficiaries.| Year of Establishment | : | 2001 |
| Registered Address | : | 42, Navketan Industrial Estate, Mumbai 400093, Maharashtra |
| Presence | : | |
| Website | : | https://www.hmgroupindia.com/p/hm-charitable-trust.html |
| : | hmtrust@hmgroupindia.com | |
| Telephone | : | +91 66756001 |
| Donor Contact | : | Mr. Haresh Mehta / hmtrust@hmgroupindia.com |
| Registered Under | : | The Bombay Public Trust Act, 1950 |
| Auditor | : | Dalal Doctor & Associates |
| Bankers | : | HDFC Bank, State Bank of Mysore |
| Trustees/Directors/Managing Committee: | : | Mr. Haresh R Mehta - Trustee, Ms. Prassana H Mehta - Trustee |
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HMCT extends financial assistance to students who have secured a minimum of 60% in their examinations and come from financially deprived background. Applications are collected at the beginning of the academic year and eligible students are short-listed for financial assistance. Students’ fees are paid directly to the institutes where they are studying. In order to ensure that the parents are serious and uncompromising, parents of eligible students have to contribute two months’ fees as well. HMCT has supported over 3,000 students since their inception, providing a total of Rs12,701,523 since their inception in 2001. They monitor students’ performance regularly, and they have to maintain an average of 60% in their exams to continue to be eligible for assistance. |
| FY (₹) | FY 2011 (₹) | FY 2012 (₹) |
| Income and Expenditure Statement | - | -1,015,480 | 9,681 |
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| Balance Sheet | - | 7,535,000 | 7,535,000 |
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| Financial Notes |
| NA |
| FY | FY 2011 | FY 2012 | |
|---|---|---|---|
| Beneficiary Details | |||
| Direct Beneficiaries (nos.) | - | - | - |
| Indirect Beneficiaries (nos.) | - | - | - |
| Average Cost per Direct Beneficiary (₹) | - | - | - |
| Staff Details | |||
| No. of Staff | - | - | - |
| Number of Consultants | - | - | - |
| Number Of Volunteers | - | - | - |
| Total | - | - | - |
| Highest Paid Full-Time Staff (₹ p.a.) | - | - | - |
| Lowest Paid Full-Time Staff (₹ p.a.) | - | - | - |
| Services | Funds Raised (₹) |
|---|---|
| Contest | 10,000 |
| Total Funds Raised | 10,000 |
| NGO Name | Sector | Sub Sector | Location | % Spent on Beneficiaries | Income (₹) | Expense (₹) |
|---|---|---|---|---|---|---|
| H M Charitable Trust | Education | Scholarships | Maharashtra | 100 | 1,488,546 | 1,478,865 |
| Foundation For Excellence India Trust (FFEIT) | Education | Scholarships | Karnataka | 99 | 524,991,566 | 525,991,417 |
| arr2 | ||||||
| K.C. Mahindra Education Trust | Education | Girl Child | Maharashtra | 98 | 614,759,638 | 549,054,075 |
| arr3 | ||||||
| Atulya Vikash | Education | Services | Jharkhand | 97 | 333,630 | 333,127 |
| Vidya & Child (Project under JPNMT) | Education | Learning Centre | Uttar Pradesh | 96 | 63,435,653 | 49,730,610 |
| Atma Education Trust | Education | Services | Maharashtra | 76 | 19,739,697 | 17,160,220 |
| arr4 | ||||||
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