Frequently Asked Questions (FAQ’s)

• Ashraya – A Home for senior citizens:- To expand the existing facility to accommodate more number of senior citizens.
• Vidyanidhi – Loan scholarship for needy students to pursue professional courses: To ensure to the extent possible that no deserving student is deprived of higher education due to lack of money.
• Gokul Building Project – To construct a new Gokul Building replacing the old one with additional facilities for multipurpose community activities and to relocate the existing Krishna Temple which is operated under the auspices of Shri Gopalakrishna Trust.

They are spread over a period.

The trust is audited by reputed firm of Chartered Accountants, and subject to the rules and regulations of the Bombay Trusts Act.

• Ashraya Expansion is a one year project. The plan is to increase then present capacity of the Home for Senior Citizens by adding an additional floor.
• Vidyanidhi is an ongoing project of funding the education of needy students for the initial 5 years, and later on the repayment of loan will take care of the fresh needs.
• Gokul building is a five year project. This will entail demolishing the present structure and building a new one.

Contributions to Old age home and Vidyanidhi meet the criteria specified under Schedule 7 of Section 35 of Companies Act, on CSR. Refer to item (iii) and item (ii) respectively of the Schedule VII

• Ashraya Target is Rs.300 Lacs
• Vidyanidhi target is Rs.300 lacs
• Gokul Building Target is Rs. 2600 lacs

The Bombay South Kanara Brahmins’ Association.
OR
The B.S.K.B.Association.

All Donations made to The B.S.K.B. Association are eligible for Income Tax benefit under Section 80G.

Yes. Donations for all the above programmes are eligible for 80G Deduction