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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 expected to be collected shortly and commissioned by next term. ALUMNI GUEST HOUSE UNDER PROGRESS – February-2008
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Estimated |
Actual |
Funds |
Funds to Date |
||||
Start |
Completion |
Start |
Completion |
Budget |
Support Pledged |
Spent |
Support Received |
Jun-2008** |
Dec-2009 |
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65,00,000* |
60,00,000 |
2,20,000 |
42,70,000 |
*Estimated cost: Rs.65 lakhs (including modern equipment, and furniture). An escalation of estimated amounts is now inevitable due to several factors that include material and labour cost increases.
**Funds required by June 2007 – 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.
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: (as on February-2008)
Estimated |
Actual |
Funds |
Funds to Date |
||||
Start |
Completion |
Start |
Completion |
Budget |
Support Pledged |
Spent |
Support Received |
Jan-2007 |
Jun-2008 |
Jan-2007 |
|
60,00,000 |
60,00,000 |
16,00,000 |
70,00,000 |
Funds required by: ongoing based on construction progress. First floor of both buildings is in progress.
Thanks to a parent of the school, the project has commenced with material procurement, foundation work, and brickwork. The 'amount spent' figure is based on bills settled with the contractror, and is not indicative of actual work completed.
Requirement and rationale:
Status: (as on February-2008)
Estimated |
Actual |
Funds |
Funds to Date |
||||
Start |
Completion |
Start |
Completion |
Budget |
Support Pledged |
Spent |
Support Received |
2009 |
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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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