Teach For India
location: Mumbai, Maharashtra
Donation Option | Amount INR | Actions | |||||||
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16000 |
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250 |
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RECEIPTS (INR) | |||
  | 2016-2017 | 2015-2016 | 2014-2015 |
Self generated ( fees/ subscriptions/ interest/ community contributions/ proceeds from sale of goods or services produced by the organisation etc.) | 16,736,246 | 15,652,734 | 15,234,423 |
Donation from Indian individuals through GiveIndia | 3,647,497 | 6,182,528 | 3,443,589 |
Other donations from Indian individuals | 291,372,327 | 277,836,945 | 99,950,277 |
Donations from foreign individuals through GiveIndia | 287,077 | 572,511 | 944,306 |
Other donations from foreign individuals | 240,514,009 | 291,281,768 | 206,553,663 |
Grants from Indian sources ( trusts/ govt/ companies/ foundations) | 2,100,000 | 8,831,152 | 10,275,397 |
Grants from International sources ( under FCRA) | 13,000,000 | 10,600,712 | 21,668,616 |
Sale of assets | 0 | 104,600 | 0 |
Miscellaneous | 0 | 270 | 7,862 |
Total Receipts | 567,657,156 | 611,063,220 | 358,078,133 |
PAYMENTS (INR) | |||
  | 2016-2017 | 2015-2016 | 2014-2015 |
PAYMENTS (Capital) | |||
Capital items purchased for the organisation, excluding investment ( Fixed Deposits etc.) | 2,418,263 | 3,780,492 | 2,869,736 |
Capital items purchased for beneficiaries | 0 | 0 | 0 |
PAYMENTS (Revenue) | |||
Programme related | 2016-2017 | 2015-2016 | 2014-2015 |
Salaries and benefits | 412,440,787 | 353,330,105 | 287,540,678 |
Staff training | 35,465,307 | 34,574,898 | 25,748,821 |
Staff travel | 11,082,880 | 7,050,284 | 0 |
Consultant's fees | 6,261,770 | 3,387,730 | 0 |
Office support expenses ( rent/ telephone/ electricty etc.) | 1,030,237 | 781,926 | 0 |
Materials procurred ( consummables as seed/ food/ books/ provisions etc.) | 7,214,928 | 6,293,332 | 5,363,111 |
Grants/ donations given to other organisations as part of programme | 0 | 0 | 0 |
Depreciation ( to be taken from Income and Expenditure account) | 4,978,833 | 5,975,895 | 0 |
Others | 30,517,917 | 25,296,525 | 52,240 |
Non-programme related | 2016-2017 | 2015-2016 | 2014-2015 |
Salaries and benefits | 37,021,758 | 31,376,019 | 30,686,741 |
Staff training | 287,119 | 336,331 | 0 |
Staff travel | 2,467,107 | 1,592,575 | 2,410,568 |
Office support expenses ( rent/ repairs/ telephone/ electricity etc.) | 9,028,003 | 7,811,724 | 5,272,507 |
Communication ( correspondence/ Annual Reports/ brochures/ appeals/ website etc.) | 5,848,109 | 4,351,847 | 3,553,797 |
Consultants' fees ( audit/ legal/ programme ) | 9,580,125 | 4,125,425 | 1,994,993 |
Depreciation ( to be taken from Income and Expenditure account) | 0 | 0 | 2,340,238 |
Other non-programme expenses | 1,336,417 | 3,754,136 | 3,114,388 |
Total Payments | 576,979,560 | 493,819,244 | 370,947,818 |
 Registration Details | |
Sr. |  Type of Registration |
1 |  Trust [No.E-25360 (BOM)] |
2 |  PAN Number:AABTT6248E |
3 |  12-A [No.TR/42826] |
4 |  80G [No.DIT (E)/MC/80G/1612/2009-10] |
5 |  FCRA [No.083781358] |
6 |  35AC [No.] |
 Auditors |
 Haribhakti & Co. LLP |
 701 Leela Business Park, AndheriKurla Road |
 Staff Remuneration (INR) | |||
Gross salary plus benefits paid to staff (in INR) p.m. |  Male |  Female |  Total |
 less than 5,000 | 0 | 0 | 0 |
 5,000 – 10,000 | 0 | 3 | 3 |
 10,000 – 25,000 | 279 | 601 | 880 |
 25,000 – 50,000 | 110 | 243 | 353 |
 50,000 – 1,00,000 | 21 | 45 | 66 |
 Greater than 1,00,000 | 6 | 13 | 19 |
Total annual payments consultants (in INR) | Number of consultants |
 less than 5,000 | 1 |
 5,000 – 10,000 | 0 |
 10,000 – 25,000 | 7 |
 25,000 – 50,000 | 14 |
 50,000 – 1,00,000 | 6 |
 Staff Remuneration (p.a.) | |
1 |  Highest Paid: INR 4798110 |
2 |  Lowest Paid: INR 46516 |
3 |  Head of the Organisation: INR 4798110 |
 Board Expenses | ||
Sr. |  Detail |  Amount(INR) |
1 |  International travel | 0 |
2 |  Domestic travel | 378946 |
3 |  Local conveyance | 0 |
4 |  Entertainment expenses | 0 |
5 |  Other | 72696 |
  |  Total |  451642 |
Annual Report & Audited Financials | ||||||
1 | Annual report not available. | |||||
2 | Audited Financial Report not available. |
Board Members | ||||||
SI. | Name (Age) | Gender, Position, Gross Remuneration, Relation to other members | ||||
1 | Arnavaz Aga (80) | Female, Trustee, INR 0.00, | ||||
2 | Shaheen Mistri (51) | Female, CEO, INR 4,227,280.00, | ||||
3 | Neel Shahani (53) | Male, Trustee, INR 0.00, | ||||
4 | Zia Mody (66) | Female, Trustee, INR 0.00, | ||||
5 | Ashish Dhawan (53) | Male, Trustee, INR 0.00, | ||||
6 | Meher Pudumjee (56) | Female, Trustee, INR 0.00, | ||||
7 | Nandita Dugar (51) | Female, Trustee, INR 0.00, | ||||
8 | Nisaba Godrej (44) | Female, Trustee, INR 0.00, |
Board Members Background | ||||||
SI. | Name | Background | ||||
1 | Arnavaz Aga | Anrnavaz Aga is Director on the Board of Thermax Limited. She retired as Chairperson of Thermax in October 2004. Since her retirement, Arnavaz has been focusing on social causes and is closely associated with the Thermax Social Initiative Foundation. She is on the board of the Akanksha Foundation and is the chair on the Board of Teach For India. Arnavaz has been very active in various national and local associations like Confederation of Indian Industries (CII) and had served as the Chairperson of CII’s Western Region. She has written extensively and given talks on the subjects of corporate governance, corporate social responsibility, role of women and education. | ||||
2 | Shaheen Mistri | Shaheen Mistri is the founder of the Akanksha Foundation, a non-profit organization with a mission to impact the lives of less privileged children, enabling them to maximise their potential. Akanksha works primarily in the field of education, addressing non formal education through the Akankshacentre model. She serves on the boards of Ummeed, The Thermax Social Initiatives Foundation and is an adviser to the Latika Roy Foundation. Mistri has been working on the idea of Teach For India from 2007. | ||||
3 | Neel Shahani | Neel is the Executive Director, Head of Equities at J.P. Morgan. Prior to that he was Director of Global Distribution at Barclays Capital. He holds a degree in Accounting from Franklin & Marshall in the US. He also serves on the board of the Akanksha Foundation. | ||||
4 | Zia Mody | The Founder and Senior Partner of AZB & Partners, Zia is one of India’s foremost corporate attorneys. She has a B.A. (Law) from Cambridge, an LLM from Harvard, and is a member of the New York State Bar. She began her career as a corporate associate at Baker & McKenzie, New York. She then moved to India to set up practice, establishing the Chambers of Zia Mody. In 2004, she formed partnerships which led to the formation of AZB & Partners. Zia was listed by Forbes India (2014) as one of ‘India's 10 most Powerful women’; and also listed by Forbes Asia as one of ‘Asia’s 50 Power Businesswomen’ (2015). She was appointed by the Reserve Bank of India as a member of Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households which was chaired by Dr Nachiket Mor (2013). | ||||
5 | Ashish Dhawan | Ashish Dhawan is Founder and CEO of Central Square Foundation (CSF) and a Founding Member of the Ashoka University in Delhi. Prior to this, he worked for twenty years in the investment management business and ran one of India's leading private equity funds, ChrysCapital. In June 2012, he left his full time role at ChrysCapital to start CSF to pursue his goal of creating social impact via philanthropic investments in the school education space. He serves on the board of several non-profits including Akanksha Foundation, 3.2.1 Education Foundation, Teach For India, Centre for Civil Society, Janaagraha, Bharti Foundation and India School Leadership Institute. Ashish did his MBA with distinction from Harvard Business School and a dual bachelor's (BS/BA) degree from Yale University. He is on the India Advisory Board of Harvard Business School and a member of Yale's Development Council. | ||||
6 | Meher Pudumjee | Meher is the Chairperson of Thermax Ltd, a company focused on providing energy and environment solutions. She holds a Master’s Degree in Chemical Engineering from the Imperial College of Science, Technology and Medicine, London. In 2006, Meher represented India at the Asian Business Women’s Conference in Osaka. The World Economic Forum in 2008 selected her as a Young Global Leader. In 2009, she was selected CEO of the Year, by Business Standard. Meher also served as the Chairperson of Pune Zonal Council of the Confederation of Indian Industry (CII). When a member of CII's Young Indians, she chaired the National Employability initiative. | ||||
7 | Nandita Dugar | Nandita has over 15 years of work experience in the nonprofit education sector. She is currently on the board of the Akanksha Foundation. She was a part of the core founding team at Teach For India, and was involved in creating the strategic blueprint for its launch in India. Nandita has also served as the interim-CEO of Akanksha in 2008. Her prior experience includes working in the UK and India at the Boston Consulting Group (BCG), Unilever, and HDFC Bank. She has a Master's degree in ‘Engineering, Economics and Management’ from Oxford University. | ||||
8 | Nisaba Godrej | Nisaba is the Executive Director, Godrej Consumer Products and leads the innovation strategy for the company. She also oversees the corporate strategy and human capital functions for Godrej Industries and Associate Companies (GILAC). Her previous assignments within the Godrej Group have included the successful turnaround of Godrej Agrovet. She has also led the creation of a strategy cell for the Group and the development of the FMCG strategy for the Group. Nisaba also drives the Group's 'Good and Green' (CSR) initiatives and is the point person for the operations of the Godrej Family Council. |
Board Resolution | ||||||
Subjects | Board Meeting/Annual General Body Meeting Date | No. of members present | Strength of the board at the time of this meeting | |||
Budget for the year 2016-2017 | 22/02/2017 | 8 | 8 | |||
Programmes/ Projects for the year 2016-2017 | 23/04/2016 | 6 | 10 | |||
Annual Report for the year 2015-2016 | 06/10/2017 | 6 | 8 | |||
Financial Audit Report for the year 2015-2016 | 26/09/2017 | 4 | 8 |
External Reviews | ||||||
1 | Samhita | |||||
2 |
Staff International Travel | ||||||
SI | Name | Destination & Purpose | Gross Expenses | Sponsored | % Sponsored | Name of Sponsor Organisation |
1 | Meghna Rakhsit | Barcelona Teach For All Conference | INR 6151.00 | 1 | 100% | Porticus |
2 | Shaheen Mistri | Bali MEASA CEO Retreat Teach For All | INR 44466.00 | 1 | 100% | Teach For All |
3 | Anuja Kishore | Santiago Teach For All Conference | INR 1794.00 | 1 | 100% | Porticus |
4 | Shaheen Mistri | Bali MEASA CEO Retreat Teach For All | INR 12500.00 | 1 | 100% | Teach For All |
5 | Shaheen Mistri | London Visa Fees | INR 15000.00 | 1 | 100% | Teach For All |
6 | Hitesh Rawtani | San Fransisco Dreamforce Conference | INR 1440.00 | 1 | 100% | Fidelity Foundation |
7 | Arhan Bezbora | Bulgaria Teach For All Confrence | INR 15032.00 | 1 | 100% | Omidyar |
8 | Shaheen Mistri | Bulgaria Teach For All Conference | INR 8441.00 | 1 | 100% | Teach For All |
9 | Meghna Rakshit | Barcelona Teach For All Conference | INR 14715.00 | 1 | 100% | Porticus |
10 | Anuja Kishore | Chile Teach For All Conference | INR 7029.00 | 1 | 100% | Teach For All |
11 | Meghna Rakshit | Barcelona Teach For All Conference | INR 2407.00 | 1 | 100% | Porticus |
12 | Romana Shaikh | Sofia COnference | INR 4257.00 | 1 | 100% | Omidyar |
13 | Hitesh Rawtani | San Fransisco Dreamforce Conference | INR 19196.00 | 1 | 100% | Fidelity Foundation |
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You can communicate with Teach For India at
Radhi Mehta
Godrej Industries Complex, Gate No. 2., Pirojshanagar, Eastern Express Highway, Vikhroli (E)-
Mumbai - 400079,India
Or you can reach Teach For India here
Phone :
91 22 25185821
Fax :
E-mail :
radhi.mehta@teachforindia.org
Website:
http://www.teachforindia.org