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*Revised Estimated cost: Rs.55 lakhs (including furnishing) ** The donations collected from this batch in excess of the support pledged, has gone towards the purchase of an equipped ambulance for the use of the Rural Health Centre and School Hospital. The ambulance (Tempo Traveller) has been purchased and modifications completed at Bangalore. It is has since been commissioned. ALUMNI GUEST HOUSE UNDER PROGRESS – 06-03-2008
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Estimated |
Actual |
Funds |
Funds to Date |
||||
Start |
Completion |
Start |
Completion |
Budget |
Support Pledged |
Spent |
Support Received |
Jun-2008** |
Dec-2010 |
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65,00,000* |
60,00,000 |
8,95,000 |
45,97,000 |
*Estimated cost: Rs.65 lakhs (including modern equipment, and furniture). Substantial escalation in costs is now confirmed, resulting in a revised building plan to incorporate some of the aesthetic low cost features of the temporary dining hall.
The temporary dining hall has been built at the 'old asthachal place' between the red house and the dining hall, for a cost of around 7 lakhs. The components of the structure is completely re-usable after it is dismantled in 2 1/2 years time.
The old dining hall is currently being converted into a new kitchen and stores. Work is underway. Purchase of kitchen equipment is complete.
**Funds required on a continuous basis towards material procurement.
We are happy to inform that support for this project is coming from old students of 1978 ISC batch. This is made possible thanks to the initiatives taken by, Divyesh Sheth, Hari Sankaran and Aroon Raman. With the cost escalation, we are hoping to rope in the help of other batches.
Requirement and rationale: There has been a long felt need to reduce the number in the Senior Girls’ Hostel, and to provide more study space. A new hostel to house 16 girls is needed. Two staff quarters to house two families close to the hostel is also being planned.
Status: Completed
Estimated |
Actual |
Funds |
Funds to Date |
||||
Start |
Completion |
Start |
Completion |
Budget |
Support Pledged |
Spent |
Support Received |
Jan-2007 |
Dec-2008 |
Jan-2007 |
June-2009 |
60,00,000 |
60,00,000 |
105,84,000 |
75,00,000 |
The quarters has reached completion and is occuppied. The Girls Hostel (to be called Champa or Taxila House) has also been completed and occupied by 12 senior girls.
Requirement and rationale:
Status: (as on July 2009)
Estimated |
Actual |
Funds |
Funds to Date |
||||
Start |
Completion |
Start |
Completion |
Budget |
Support Pledged |
Spent |
Support Received |
2009 |
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|
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*49,00,000 |
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*Estimated cost: Rs. 49 lakh, includes furnishing and equipment.
*Funds required by 2008
Sponsors and Funding awaited
Requirement and rationale:
Funding is awaited
[1] Alumnus of 1981 batch has instituted a scholarship fund of Rs. 12,50,000/- towards the education of one child at Rishi Valley.
[2] An Alumni trust is also involved in the funding of staff children.
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