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TPF NEWSLETTER | Issue 9 1
Newsletter
Win ‘18
HELPING UNDERPRIVILEGED STUDENTS PURSUE THEIR DREAMS
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Designed & Compiled by: Kalyan Boggavarapu
TPF NEWSLETTER | Issue 9 2
ear Supporters
, Well-wishers, Our Social Media followers, Donors,
Sponsors and our Amazing Students, on behalf of the Executive Team at TeluguPeople Foundation, I wish you all a Happy New Year and Sankranthi! We are in a New Year already. The last year has been very helpful for us and to our students. We were able to cross 200,000 in donations in 2018 and we are working hard to keep up the pace.
I sincerely thank all of you for what and where we are today. I thank you all from the bottom of
my heart for your amazing and continued support in our mission to bring change in many lives. I would also like to share another important news with all of you. We automated the funds distribution process with the help of our IT Team, under the leadership of our IT Director Satya Yerraganti garu. We all can proudly say that every student we are helping can directly or indirectly influence and bring change in the lives of another 100 people in the short, medium and long terms. We need to reach out to the lowest segments of our society and help them grow in their lives.
I request all of you to share our success stories. Inform your friends and relatives in India what
we are doing and ask them to identify the deserving candidates from backward districts, backward areas and communities where the help is needed the most. Also, please come forward to volunteer and be a mentor to some of our Students by joining our Student Engagement Team. Please visit our website and see how you can help and contribute. We also need to create more leaders in TeluguPeople Foundation and onboard more volunteers so that we will be able serve and help more students. Please suggest us if you come across anyone who can help strengthen our foundation. Also, please spread the word about us, spread the work we are doing. Use your social media strength to promote TeluguPeople Foundation. Once again, thank you very much for your continued support.
D
President’s Message By Prasad Kunisetty
Crossed $200,000 in
donations cumulative
TPF NEWSLETTER | Issue 9 3
Years
Established
Students
Sponsored
Graduates
Employed
Projects
Sponsored
Money Disbursed
(₹)
10 127 29 24 1,02,55,774
Scholarships at a glance By Director, Operations - Krishna Kotha
TPF NEWSLETTER | Issue 9 4
We reached Gold Level in GuideStar. We plan to reach Platinum (the highest level) this year!
GuideStar is for Nonprofits, what Yelp is for restaurants. Each year, millions of people use GuideStar information to make decisions about nonprofits and the work they do. Donors explore charities and issues they want to support. Nonprofit leaders benchmark their organizations against their peers. Funders research grantees. We strive to provide the highest-quality, most complete nonprofit information available.
We completed disbursing a cumulative total, since the day we started in 2008, of 1 crore rupees in Financial Scholarships and
grant money. We are very confident of completing the disbursement of the 2nd crore of
rupees (roughly $144,000 based on the current USD/INR FX rates) this year (2019) itself. We have reached the critical mass to take us to the next level.
Total donations in 2018 has crossed $200,000, a big thanks to individual, corporate and corporate matching donations. Here are the un-audited number for 2018. Some of the funds donated in December ’18 is with Benevity, a Third Party Administrator (TPA) used by Apple and Google, and will be deposited into our bank account in the third week of January ’19.
Please remember that all the operational expenses are borne by the Executive Board so that every cent of your donation is given to the end beneficiary. We opened a Money Market account with TD Bank to stash away the excess ($40,000) funds that are needed in the short term, giving us 1.5% in interest.
This financial strength allows to make a bigger and wider impact through our efforts.
Prior to making a donation, please check the Matching Gifts section in our Donate page. You can easily double, or even triple, your impact in case
your employer matches your
donation!
We added GlaxoSmithKline,
GSK, to the list of corporations that matched their employees’ donations to us.
Amazon Smiles continues to be generous to our cause – in all of 2018, we received a total of $46.79 from them. When you purchase from Amazon, please login via Amazon Smiles and select TeluguPeople Foundation as your favorite charity. Amazon donates 0.05% of the transaction to us.
Treasurer’s report By Lava Boggavarapu
TPF NEWSLETTER | Issue 9 5
Scholarships offered during
the quarter
We have offered scholarships for 4 new students during the quarter. Below are houses of some of our students. The pictures speak volumes about their economic status and why we chose to support them.
Students Roundup By Director, Operations - Krishna Kotha
TPF NEWSLETTER | Issue 9 6
Adopt-a-Project(s):
New projects undertaken during this Quarter: In partnership with our donors and field partners, we have undertaken several new projects during this quarter. Out of these, the following 6 projects are completed.
Compound wall for MPP School, Velpur, Guntur ( Dt) in collaboration with Sneha Hasthaalu (SH)
TPF NEWSLETTER | Issue 9 7
Compound wall for MPP School, Atchampet, Guntur, (Dt) in collaboration with Sneha Snehahastaalu
TPF NEWSLETTER | Issue 9 8
Furniture for ZPH School, Guntur (Dt) in collaboration with Sneha Hasthaalu (SH)
TPF NEWSLETTER | Issue 9 9
Computers for multiple schools in Sattenapalli Mandal, Guntur (Dt) in collaboration with Sneha Hasthaalu ( SH)
Computers
TPF NEWSLETTER | Issue 9 10
.
Drinking water facility at MPP School, Burja, Srikakulam in collaboration with First Step Foundation (FSF)
Library
Construction of Library at MVS Koteswara Rao School, Guntur (Dt), donated by Pedababu Kandru Garu
We have two other projects currently in progress with various field partners. We have sanctioned funds for them to begin work and the projects are currently in execution. We will provide more updates as they complete If you would like to refer or sponsor a student, meet our students or to volunteer, please reach out to [email protected].
TPF NEWSLETTER | Issue 9 11
Paid Advertisement
TPF is a “not for profit” organization and does not endorse any products advertised by the sponsors
TPF NEWSLETTER | Issue 9 12
Please reach out to [email protected] on how you can leverage our combined experience.
Brand Ambassadors Pragathi Yadhati Dr. Neela Zareen
Office Bearers Prasad Kunisetty Lava Boggavarapu Krishna Kotha Surya Dullipalla
Satya Yerraganti Kalyan Boggavarapu Kiran Chagarlamudi Nikhil Gandhi
Executive Members
Suresh Ediga Subbarao Seethamsetty Pradeep Suwarna Vamsikrishna Venigalla Bhaskar Bupathi
Financial Advisors
Vid Ponnapalli
All newsletters can be accessed here. We are always looking for funds to support more students.
Please donate
Please send your comments/questions to [email protected]
TeluguPeople Foundation A 501(c)(3) Organization
1 Capo Drive MARLBORO NJ 0774
If you come across a deserving student,
please refer them to us at [email protected]
Your referral could change the course of a student’s
career and life.