As most of you know, with your help XSA has been helping the needy for years now. As and when the case arrives, we have approached the XMEC community which has always supported the cause with generous contributions. We would like to keep it going this way, at the same time make it more efficient and reach out to more people as needed. To do this, we are bringing in some changes to the way XSA has been working.
During the next financial year, XSA plans to focus on the following activities and have set the below budget -
1) Social Assist: Rs 6 Lac; targeting 12 cases for the year
2) Scholarship: Rs 3 Lac for 15 students
3) Punarjana (the juvenile home program): Rs 1 Lac for books, bags, etc and a tutor for the home
Starting with this year with respect to social assist, our goal is to handle at least 12 cases. As per our past records, the amount required to handle this many will be around 6 lacs minimum. When the cases arrive, we will immediately transfer 25,000/- to the concerned and raise the fund via XMEC and transfer the rest once we reach the target. Since we are planning to handle more cases, we will be capping the amount to 50,000/- per case, unless it calls for a special consideration. This will be decided by the XSA committee. Monthly updates will be sent out to XMEC.
This is a huge task and we need each one of your help to achieve this. Since we are planning to transfer an immediate amount of 25k as the cases reach XSA, we will be keeping the account open throughout the year. All funds received will be maintained in the reserve pool. Please put a mail to the new XSA treasurer Nitin Chittilappilly chittsnitin@gmail.com, once you transfer.
Account No.: 67101191210 (current account)
Name of Account: XMEC SOCIAL ASSIST
Bank: State Bank of Travancore
Branch: Cochin University Campus Branch
IFSC No.: SBTR0000235
Please feel free to contact us at xmec-social-assist@googlegroups.com for further information or clarifications as well as for referring new cases. As always, we are looking for more volunteers to help us in our activities.
During the next financial year, XSA plans to focus on the following activities and have set the below budget -
1) Social Assist: Rs 6 Lac; targeting 12 cases for the year
2) Scholarship: Rs 3 Lac for 15 students
3) Punarjana (the juvenile home program): Rs 1 Lac for books, bags, etc and a tutor for the home
Starting with this year with respect to social assist, our goal is to handle at least 12 cases. As per our past records, the amount required to handle this many will be around 6 lacs minimum. When the cases arrive, we will immediately transfer 25,000/- to the concerned and raise the fund via XMEC and transfer the rest once we reach the target. Since we are planning to handle more cases, we will be capping the amount to 50,000/- per case, unless it calls for a special consideration. This will be decided by the XSA committee. Monthly updates will be sent out to XMEC.
This is a huge task and we need each one of your help to achieve this. Since we are planning to transfer an immediate amount of 25k as the cases reach XSA, we will be keeping the account open throughout the year. All funds received will be maintained in the reserve pool. Please put a mail to the new XSA treasurer Nitin Chittilappilly chittsnitin@gmail.com, once you transfer.
Account No.: 67101191210 (current account)
Name of Account: XMEC SOCIAL ASSIST
Bank: State Bank of Travancore
Branch: Cochin University Campus Branch
IFSC No.: SBTR0000235
Please feel free to contact us at xmec-social-assist@googlegroups.com for further information or clarifications as well as for referring new cases. As always, we are looking for more volunteers to help us in our activities.
