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Tomorrow’s Foundation Update and Proposal to increase support --- Harsha Kudoor May 14, 2014
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Tomorrow’s Foundation Based in West Bengal Education Support, Vocational Training, Psychological Assistance, Hostel facilities for under-privileged children in high risk areas. (http://www.tomorrowsfoundation.org/) More than 1200 students have graduated and close to 9000 kids have received help since inception in 1991
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TF Stars Joint SAC Program between ASHA and TF The funds are utilized for the Mother Project and Sponsorship Project Focused on the children in Kalighat area, Kolkata’s red-light district. Supports 50 students as of today Last disbursement : Feb 2014 ($6753) Funding from ASHA SV since 2006 : $118,375
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2014 – 2015 Budget For the currently supported 50 students (22 secondary and 28 higher level students) the budget comes up to Rs. 8,49,772 ( $14,101) 50 ASV Students' update (2014 - 2015).xls Notable costs are for remedial coaching to improve academic performance and cost of following up with the students. ASV BUDGET-- 2014-15.xls They have requested a release of funds in the first week of June (They work on a Jan-Dec Schedule and the costs for the past 3.5 months has had their funds running thin at this point)
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Request for more support We received a request from TF to provide for the support of more children this time. They would like ASHA to support an additional 50 children ( Their original request in 2013 was for 123 children) Cost per child as per budget is ~ $282. Based on how much additional funds ASHA is willing to release, they will provide us an updated budget.
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Why fund them? TF is a well organized effort with a proven ability to affect the lives of these children for the better over the past 23 years We have had a good working relationship with them with prompt, transparent and sincere communication for the past 8 years. The mother project has had remarkable success – 87% of the students in this program passed the annual exam in 2011-2012 – Retention rate of students was up to 96% They are working towards increasing parent participation which is in line with ASHA’s view of an NGO eventually having a self sustaining formula.
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Polls Required To approve 2014-2015 budget To support more children. How many?
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Thank You
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