The League’s Managing Committee has plans to mobilize, substantial resources in the form of larger Endowments and donations from individuals and institutions in India and abroad :
It has been League’s continuous effort to grant larger per capita free scholarships to the needy and deserving students. These efforts have been visible during the post Centenary Year 2012. The annual disbursement of free scholarship has grown from Rs 50 lacs in 2012-13 to Rs 61 lacs in 2015-16. This growing trend has one DARK CLOUD over it, caused by the slide in the interest rates in recent times. But it is our hope that substantial growth of the Corpus by way of funds inflow as Endowments and donations will help to scale up the per capita and also increase the number of student beneficiaries year on year.
The League aims to enhance the Corpus to over Rs. 10 Crores by 31.03.2018. This will allow for free scholarship disbursement of about Rs.1 crore / year. There after to add to the Corpus at least Rs. Rs 3 crores every year. This will be possible to achieve through CSR support
The League’s efforts to reach larger section of the public continues not only within India but also beyond the shores where there are many institutions who are willing to donate to NGOs like the GSB Scholarship League. We have an impressive history of performance and high credibility of the League, for utilizing the funds towards the sole objective only for education of the underprivileged students, predominantly in the rural sector. Also, accreditation of the League u/s 80 G and FCRA will have the desired impact for selection by the donor institutions.