CSR
INTRODUCTION
Corporate Social Responsibility (CSR) is the process of funding and donating under which Public Charitable Trust/Societies and other non-profit organisations can get financial and other support from the corporate sector as per the relevant provisions of the Companies Act, 2013.
As a registered Public Charitable Trust/Society with a not-for-profit motto, Hope Foundation relies on a variety of sources for receiving funds/grants by way of donations and CSR contributions to meet its expenses on the educational, research and medical assistance objectives including social welfare and empowerment programmes and activities, environment and other livelihood improvement schemes.
In addition to the stated objectives of the Trust / Society, the funds provided under CSR would be catered for addressing the societal advancement issues, environmental protection and other socio-economic development activities which make a positive impact on the living standards of the economically backward and disadvantaged community and enable them to lead a productive and dignified life.
Project Title
Repairs of infrastructure facilities at I²IT, and Technology Infrastructure Upgrade at FAMT
Project Location
I²IT, Hinjawadi, Pune and FAMT, Ratnagiri
Project Duration
June 2022 to June 2023
Estimated Cost of the Project
Rs.1,25,00,000/- (Rupees One Crore Twenty-Five Lacs Only)
Name/s of CSR Donor/s
M/s. Finolex Industries Limited
CSR Amount
Rs.1,17,00,000/- (Rupees One Crore Seventeen Lacs Only)
Overview
Significant improvements have been made in the academic and administrative infrastructure of two esteemed academic and research institutions supported by the Society/Trust, benefiting over 3000 students pursuing higher studies.
These funds were allocated to enhance academic, library, and canteen facilities at the International Institute of Information Technology (I²IT), Hinjawadi, Pune, and to upgrade technology infrastructure at the Finolex Academy of Management and Technology (FAMT), Ratnagiri.
This comprehensive utilization underscores the commitment of the Hope Foundation and Research Centre to enhancing educational facilities and fostering a conducive learning environment across both institutions.
The CSR Fund plays a pivotal role in enhancing the academic and technology infrastructure, ensuring the smooth conduct of educational activities, and promoting the safety and welfare of our faculty, staff, students, and visitors on campus.
CSR Project
Eye Camps
FInancial Year
2022-23
Name/s of CSR Donor/s
M/s. Rij Engineering Private Limited
CSR Amount
Rs.5,42,000/- (Rupees Five Lacs Forty-Two Thousand Only)
Eye Surgeries
In association with the Moolani’s Eye Care Centre, Pune, Hope Foundation conducts eye camps, eye surgeries with a focus on those which aim at reducing preventable blindness such a cataract, glaucoma, pterygium and corneal surgeries in young and old, also to include surgical procedures for underprivileged children and young adults such a squint, ptosis and refractive procedures in high refractive errors to help them to achieve a stable social and financial life. It also conducts medical camps like eye screening and general health check-up camps etc.
During the year 2023, the Moolani’s Eye Care Centre (MECC) has undertaken cataract surgeries on economically weak patients and a total amount of Rs. 5,42,000/- (Rupees Five Lacs Forty-Two Thousand Only) has been spent by the Hope Foundation for undertaking these cataract surgeries. We express our sincere gratitude to M/s. Rij Engineering Private Limited for the contributions being made by way of Corporate Social Responsibility (CSR) during the last several years to enable us undertake this noble activity on economically weak patients.
Project Title
Replacement of Roof Sheets & Painting of Canopy Structure at I²IT Campus, Pune
Year of Execution
Replacement of Roof Sheets & Painting of Canopy Structure at I²IT Campus, Pune
Project Location
International Institute of Information Technology (I²IT), P-14, Rajiv Gandhi Infotech Park, MIDC, Hinjawadi – Phase I, Pune – 411 057
Project Duration
January 16, 2020 to July 10, 2020
Total Cost of Project
Rs.85,53,684/- (Rupees Eighty Five Lacs Fifty Three Thousand Six Hundred and Eighty Four Only)
Name/s of CSR Donor/s
Mr. Prakash P. Chhabria, M/s. Mukul Madhav Foundation and M/s. Finolex Plasson Industries Private Limited
CSR Amount
Rs.85,00,000/- (Rupees Eighty Five Lacs Only)
Scope of Project
Considering the age of the buildings of over 20+ years and other civil related infrastructure, major repairs have come to the core and required immediate attention to prevent any crisis. In this regard, the damaged canopy roof sheet replacements were a matter, which required to be attended on top priority.
The Phase I of this project involved removal of existing roofing sheets of the entire structures of the main academic building and the canteen building, removing of rusted areas of all the pipes, truss and the structure, application of red-oxide to all the pipes and truss sections, one coat of primer and two coats of the approved colour of enamel / oil paint. The scope also included erection and de-erection of safety nets and scaffolding at all applicable areas during the execution of the scope of work.
Phase II of the project included supply and fixing of colour coated Galvalume crimp curved sheets MxRib 1010 steel profile roofing sheet with base coil – JSW shaped with a small flute for efficient water drainage. The scope of work also included fixing of FRP caps and coating as well as supply and fixing of kemperol waterproofing coating for all openings, steel conical caps and joints in the roof with three-layered coating done at the cut-outs and at the rope cut-out junctions to make the openings watertight.
Name/s of CSR Donor/s
M/s. Tata Consultancy Service
CSR Impact through Technology Donation
As part of their Corporate Social Responsibility (CSR) initiatives, M/s. Tata Consultancy Services, Pune, has generously donated 100 used desktops to Trust. In line with Trust’s commitment to expanding access to technology and education, 50 desktops each have been transferred to two esteemed institutions: FAMT in Ratnagiri and I²IT in Pune. This contribution will significantly enhance the educational and technological resources available to these institutions, fostering growth and development within their communities.
Title
Dry Ration Kit Distribution by the Trust
Year of Execution
2021-22
Project Location
Slum Areas of Pune
Overview
The primary focus was on providing dry ration kits and essential supplies to those in need. The Trust adapted to the challenging circumstances by ensuring the safety of its members through remote work while actively responding to the evolving needs of society.
It reflects a year of compassionate and impactful service to the community amidst the challenges posed by the Covid-19 pandemic. The transparent financial management and detailed distribution reports showcase the dedication of the Trust in fulfilling its social responsibility. The Trust’s actions stand as a testament to its commitment to making a positive and meaningful impact on the lives of those affected by the pandemic.
