Transparency
We believe in complete transparency. See exactly how your donations create impact, from fund allocation to student outcomes.
Last updated: January 2025
Our Commitment to Transparency
At The Education Foundation, transparency isn't just a policy—it's a core value. We believe that every donor has the right to know exactly how their contribution is being used and the impact it creates.
This page provides comprehensive information about our operations, finances, governance, and impact. We update this information regularly and welcome questions from our donors and the public.
Clear Goals
Every donation has a defined purpose and measurable outcomes
Regular Reporting
Quarterly impact reports and annual audited financials
Independent Oversight
External audits and third-party verification
Fund Allocation
We are committed to maximizing the impact of every rupee donated. Here's how your contributions are allocated (FY 2024-25):
Direct Student Support
Tuition fees, books, supplies, and educational materials
Program Operations
Student verification, monitoring, mentorship programs
Administration
Platform maintenance, payment processing, reporting
Student-Specific Donations
When you donate to a specific student, 100% of your contribution goes directly to that student's educational expenses. Administrative costs for student-specific donations are covered by our general fund.
Impact Metrics
We track comprehensive metrics to measure and improve our impact. Here are our key performance indicators for FY 2024-25:
Student Outcomes
Donor Engagement
Financial Health
Geographic Reach
Financial Reports
All our financial statements are audited by independent chartered accountants. Download our reports to see detailed breakdowns of income, expenses, and fund utilization.
Annual Report 2024-25
PDF • 2.4 MB • March 2025
Audited Financial Statements 2024-25
PDF • 1.8 MB • April 2025
Q3 2024-25 Impact Report
PDF • 3.1 MB • January 2025
Q2 2024-25 Impact Report
PDF • 2.9 MB • October 2024
Annual Report 2023-24
PDF • 2.2 MB • March 2024
Request Additional Information
If you need any additional financial information or have questions about our reports, please contact our finance team.
finance@theeducationfoundation.orgStudent Verification Process
Every student on our platform undergoes a rigorous verification process to ensure authenticity and genuine need. Here's our step-by-step process:
Application Review
Initial screening of student applications for completeness and eligibility criteria
Document Verification
Verification of academic records, identity documents, and income certificates
School Confirmation
Direct confirmation with educational institution about enrollment and fees
Home Visit
Physical verification of family circumstances and financial need assessment
Committee Approval
Final review and approval by our student selection committee
Ongoing Monitoring
Regular progress tracking, attendance monitoring, and annual re-verification
Governance
Our organization is governed by an independent board of trustees with diverse expertise in education, finance, and social development.
Board of Trustees
Dr. Priya Sharma
Chairperson
Former Education Secretary, Government of India
Rajesh Kumar
Treasurer
Chartered Accountant, 25+ years experience
Anita Desai
Secretary
Education Policy Expert, Ex-UNICEF
Prof. Vikram Mehta
Board Member
Professor of Economics, IIT Delhi
Sunita Reddy
Board Member
Social Entrepreneur, Ashoka Fellow
Governance Policies
- Quarterly board meetings with documented minutes
- Annual strategic planning and review
- Conflict of interest policy for all board members
- Whistleblower protection policy
- Regular policy reviews and updates
Partners & Auditors
External Auditors
We are committed to annual independent audits of our financial statements. We will name our audit firm and publish audit reports here once our first fiscal year is complete.
Payment Processing
- Stripe - Secure online payment processing (INR and USD)
Technology Partners
- Vercel - Website hosting
- Firebase - Database and authentication
Registrations & Compliance
The Foundation is in the process of obtaining its charitable registrations. We will publish registration numbers and certificates here as each is granted. Current status:
- US federal tax exemption under Section 501(c)(3) — application in preparation
- Section 80G and 12A registrations (India) — planned
- FCRA registration for foreign contributions (India) — planned
Have Questions?
We're committed to answering any questions you have about our operations, finances, or impact. Transparency is not just a policy—it's how we build trust with our donors.