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PFI Annual Report 1972 |
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CHAIRMAN'S REPORT
AND
STATEMENT OF ACCOUNTS
YEAR ENDED
31st DECEMBER 1972
Akashdeep B~ilding
(5th floor)
Barakhamba Road
New Delhi -1 •
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Mr. J .R.D. '.:'ata
Dr. Bharat Ram
Col. Dipak Bhatia
Mr. S.P. Godrej
Mr. A.N. Haksar
Mr. H.V.R. Iengar
Mr. Jaykrishna Harivallabhdas
Professor J .C . Kavoori
Mr. T.S. Krishna
Mr. R.N. Madhok
Mr. Bha skar MUter
.-Dr.K.N.Rao
Lady Dhanvanthi Rama Rau
Dr. L.M. Singhvi
Dr. K.L. Wig
Col. B.H. Zaidi
Chairman
Vice-Chairman
Executive Director
Secretary
Professor J .C. Kavoori
Commod<;>reC. Mehta, AVSM
B .A • I B .Se • (Hons) I M .Se .
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FAMILYPLANNINGFOUNDATION
CHAIRMAN'AS NNUALREPORT
FOR
THEPERIODENDEDDECEMBER31, 1972
On behalf of the Members of the Governing Board, I have great
p~easure in presenting the annual report of th~ Foundation and the
audited accounts for the year ended Decert;lber31, 1972.
Though the Foundation completed two years of its existence in
October 1972, it was established in real sense in March 1971 and was
in 'business' in early 1972 only. During the first year efforts were
directed mainly towards collection of funds on which depended the extent
and the type of activities which the Foundation could undertake in the
field of population and family Plan.nin~~
As against the total collection of Rs .26, 2S,100, exclusive of
primises during the year 1971, the Foundation has raised a small sum
of Rs .7,97 , S00 in 1972. It would be seen from appendix 'AI of the
report that tqere has been an uneven region-wise performance. While
Bombayregion has continued its lead during the last two years, there
have been no fresh donation from Madras region during the year ended
December 31, 1972.
1/ The 'population crisis is a world wide problem requiring global
strategies based on mutual cooperation of nations. As part of this
approach we had hoped our efforts "'Vouldbe strengthened by inter-
national assistance. We believe that some private philanthropici
institUtions abroad are in a position to help the Foundation but for the
present the_Government of India does not favour acceptance of grants;'
donations from foreign sources. We have I therefore, to continue our
efforts vigorously for tapping indigenous sources of assistance to the
fullest extent possible. At the same time ·''1e intend to make every effort
to convince Government to, permit donations to be accepted from foreign
sources provided no strings are attached to such donations.
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A sum of Rs.3.8 lakhs has I howeverI been received from the Ford
Foundation against its sanctioned grant of $1001000 which had
previously been approved by Government.
During the year under review I the Foundation despite its limited
resources I has undertaken activities in important areas of population
and family planning. It has already started disbursing money in support
of several projects I as would be seen from-the details mentj.onedlater
in the report.
Advisory Bodies: The Foundation has formed its Advisory Council which
advises the Board in matters of overall policy and criteria for supporting
research projects and other activities. In addition there is an Advisory
Panel which comprises persons nominated by the Boardfor their eminence
in specific disciplines. The members of those Advisory Bodies include
doctors., demographersI social scientists I educationistfi, social workers I
etc. Their help I assistance and involvement is sought to assess a:ld
evaluate pro;acts which are referred to the Foundation for financial
assistance.
General Policy for Financial Assistance: As a matter of policy I the
Foundation supports only those research projects which are avant grade
or innovative in approach I experimentalln nature I developmental in .
orientation or have demonstration or replicative value. The Foundatiun
itself also sponsors research projects through suitable institutions with
a view to helping organisations I associations or establishments which
have the will, motivation and confidence to undertake research but do
not have adequate resources to do s~
Financial assistance I in facti is given on a highly selective basis.
Scrutiny of Proiects: The procedure for considering proposals for
financial assistance has .several stages of scrutiny and review. As soon
as a proposal is received it is reviewed by the Foundation Staff for
research and/or practical feasibility I operational design and financial
implications. It is then sent to experts in the related field and there-
after it is assessed and evaluated by the Advisory Panel which normally
meets once in two months. Subject to the recommendations of the
Advisory Panel, the proposal is put up for final decision to the Executive
Committee or the Governing Board depending upon whether the overall
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budget for the proposal is loss than Rs.1 lakh or over Rs. 1 lakh. If
the project is properly drawn, it takes about three months to process
it and release the requisite grant.
Funds So Far Committed: The Foundation received 36 proposals during
the year under review. Of these eleven projects with a financial
commitmentof Rs. 6,14,500 as indicated'in appendix 'B' of the report,
hav:ebeen approved. Out of the remaining projects about a dozen merit
consideration with a likely commitmentof approximately Rs .25 lakhs
and these are in the process of scrutiny and examination.
As was to be expected the demands for financial assistance from
the Family Planning Poundation are increasing. The need, therefore, is
not only for raising more funds, but also on a continuing basis.
Meanwhile the Advisory Council has been requested to re-examine
the fundamental principles on which the Foundation's operations should
be based and put up its revised recommendations on th~ types ofl
projects which the Foundatic.l should support during the year 1973 with-
in a total budget of Rs. 20 lakhs upto December 31, 1973. The policy
would be revised later if necessary.
It will be seen from the annexed accounts (appendix B) for the year
ended December 31, 1972 that strict economy has been exercised on
expenditure on establishment. As against a budget of Rs .2 .19 lakhs,
only Rs .1 .70 lakhs, exclusive of grants, have been spent and this
amount has been met from the interest earned during the year.
With a view to providing the maximumpossible funds within the
resources available for financing research projects, it has been
decided to keep the expenditure on establishment and other operating
expenses to a bare minimumof Rs.2 .54 lakhs as shown in the budget
for the year 1973 at Appendix 'c I of the report.
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Mr 0 Ho VoR 0 Iengar has sent a letter relinquishing his membership
of the Governing Board for reasons of health 0 The Board accepted his
resignation with deep regret 0 He was one of the' Founding members and
took a great deal of interest in setting up the Foundation 0 In Mr.
Iengar's resignation, the Found~tion has lost the benefit of his wise
counsel in the management of its affa irs 0
The populatbn situation in the country calls for a social revolution
by making family planning a way of life 0 This is a necessary condition
for the s,ocial, economic and cultural uplift of the masses most of whom
are surviving below the poverty line 0 The magnitude of the task is so
great that whatever the plans and programnles of the Government I the
total involvement of the people themselves is necessary to save the
country from disaster 0 Voluntary organizations such as ours have key
role to play in a meaningful participab.on in meeting the challenge posed
by the population crisis 0 Adequate funds for this purpose is a real and
urgent need.
Our efforts in raising funds in 1972 have not been as rewarding as
expected 0 Nonetheless I my colleagues and I take this opportunity to
gratefully acknowledge the support received from Indian Industries and
the Ford Foundation. We shall continue to look to them I particularly
the business community in India for its generous donations and
interest in the Family Planning Foundation 0
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FAMILY PL• ANNING FOUNDATION
BOMBAY
Donations Received
(In Rs.)
In 1971
In 1972
19,80,000
3,43,000
CALCUTTA
3,65,100
72,000
AHMEDABAD
1,30,000 2,47,600
DELm
1,00,000 1,30,000
MADRAS
TOTAL INDIA
50,000
26,25,100
5,000
7,97,500
FORD FOUNDATION
3,79,239
Total
23,23,000
Donations Promised
(In Rs.)
85,000
4,:i;7,100 85,000
3,77,500 22,500
2,30,000 70,000
55,000
34,22,600 2,62,500 •.26,85,100
3,79,259 3,79,259
7,58,538
GRANT TOTAL 26,25,100 :.1,73,76S 38,01,869 6,41,739 44,43,638
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1. -'Synthetics & Chemicals Ltd.
2.
Sandvik Asia Limited
3.
Sir Dorbj i Tata Trust
4. _ Hindu~tan Lever Ltd.
5.
6.
7. "
~,., T. l~" eBombay Dyeing & Mfg. Co. Ltd.
J.R.n. Tata Trust
The Pjoneer Magnesia Works Ltd
8.
The Standard Mills Co. Ltd
9.
'pIe Mafatlal Fine Spg. & Mfg. Co. Ltd.
10. The New Shorrock Spg. & Mfg. Co. Ltd.
11. Indian Dyestuff Industries Ltd.
12,.
13. .
14.
']!he Surat Cotton Spg. & Wvg. Mills
Pvt. Ltd.
The Bombay Burmah Trading Corporation
Ltd.
The Wallace Flour Mills Cr>. Ltd.
15. Vissanji Khimji & Co. Pvt. Ltd.
16. The Indian Plywood Mfg. Co. Ltd.
17. The NewIndia Assurance Co. Ltd.
18. Sir Rattanji J Tatta Charisties Trust
Amount
Received
25,000*
5,000
50,000*
50,000*
25,OOd*
,12,5,00*
500
15,000*
10,000*
10,000";
10,000*
5,000*
Amount Further
Promised
10,000*
7,500*
7,500*
50,000*
25,000*
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LIST OF DONORS
MA!)RAS REGION (1£72)
Parrys Confectionary Ltd. *
(2nd insmlment)
Amount
Received
Amount Further
PromisecI
DELHI REGION (1~72)
1.
Escorts Lirnited
2.
D.C.M.
30,000
* 1,00,000
20,000
3.
Mr. Raunaq Singh
50,000
Total
1,30,000
70,000
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FAMILY PLANNING FOU!·IDATION
DONATIONS
AHMEDABAb REGION (1£72)
S.No.
Nar£l.eof Donor
Amount
Reoeived
The Raipur lYlfg. Co. Ltd
The Nutan Mills Ltd.
10,00
5,000
Tha Saraspur Mills Ltd.
The Asoka Mills Ltd.
The Ahmedabad New Cotton Mills Co. Ltd
The Aruna Mills Ltd.
The Baroda Rayon Corporation Ltd.
5,000
1u,000
5,000
15,000
25,000
The Ahmedabnd Cotton Mfg. Co. Ltd.
5,500
Sheth Shri Nanji Kalidas Mehta Allied
Industries Hospital Trust
5,000
10.
The Commercial Ahmedabad Mills Co. Ltd. ; 3,500
II.
The Tarun Commercial Mills Ltd.
.3,500
12.
The Ahmedabad Mfg & C2lico Printing
Co.Ltd.
13.
.. Shri Ambica Mills Ltd.
14.
Shri Arbuda Mills Ltd~
.50,000
; 10, 000
15.
Gujrat State Fertilizers Co. Ltd. /
;25,000
16.
T M~.meldal~Ug. Co. Ltd.
17.
. SLM Manekial Industries Ltd.
12,500
18.
Rohit Mills Ltd.
19.
Rajesh Textiles Mills Ltd.
·10,000
5,000
2,47,500
Amount
Further
Promls@d
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l.
Brooke Bond India Limited
2.
"':DtieMetal B0x Company of India Ltd.
3.
The Gourepore Cr,. Ltd.
4.
The Nuddea Mills Co. L,td.
5.
Flender Macnill Gears Ltd
6.
Guest Keen William Ltd
7.
Dunlop India Ltd
8.
The India Cable Co.
9.
The Indian Tube Company Ltd.
10.
The Tinplate Co. of India Ltd
1,l.
Te2:pore Tea Co. Ltd.
12.
The Hooghly Flour Mills Co. Ltd.
13.
Rewa Coalfields Ltd.
14.
Shaw Wallace & C0. Ltd.
15.
Tribeni TiSSues Ltd.
16.
Reckitt & C()lman of India Ltd.
17.
Bata Shoe C". Pvt. Ltd
18.
Amount
Received
Rs.
Amount Further
Promised
5,000*
5,000*
5,000
5,000
5,000
10,000
10,000
10,000
10,000,
3,000*
10,000*
20,000
,5,000
10,000*
20,000
1,500 *
500 *
500 *
1,000 *
5,000
1,500 *
5, 000 t
1, 000 *
3, 000 *
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A. F. FERGUSON & co.
CHARTERED ACCOUNTANT
SCINDIAHOUSE, KASTURBAGANDffiMARG
Post Box No. 24, NEW DELffi
The Governing Body
Family Planping Foundation
New Delhi
T.Nehave completed the audit of the accounts of the Family Planning
Foundation for the year ended 31st December, 1972, and have pleasure in
enclosing four copies of the balance sheet as at 31st December, 1972 and the
relative Income and Expenditure Account for the year endad 31st December, 1972
duly initialled by us for your approval.
This represents the grants for various approved projects but as details
of expenditure are still awaited from the grantees" these amounts have been
treated as advances.
2.
We are grateful to th~ Foundation's Secretary for the co-operation and
assistance given to us during the course of our checking.
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A.F. FERGUSON & co
CHARTERED ACCOUNTANT
SCINDIA HOUSE, GURZON ROAD
POST BOX NO. 24
NEWDELID
We have audited the attached Balance Sheet of the Family Planning
Foundation as at 31st December, 1972 and the Income and Expenditure Account for
the year ended 31st December, 1972 with the books and records submitted to us
and have found it in accordance therewith.
We have obtained all the information ~nd explanations we have
requiroo. and in our opinion, the Balance Sheet and the Income and Expenditure
Account set forth a true and fair view of the state of affairs of the Foundation as
at 31st December, 1972 and of tb"; excess of inc_orneover expenditure for the
year then ended respectively. according to the best of (\\ur information and
explanations given to us and as per the books and records submitted to us.
S:l/-
CHARTERED ACCOUNTANTS
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FAMILY PLANNING FOUNDATION
BALANCE SHEET AS AT 31ST DECEMBER, 1972
31st December
1971
LIABIIJTIES
2, 125 SUNDRY CREDITORS
25,25,100
GRANTS AND DONATION RECEIVED
SURPLUS
Excess of IncClme over
Expenditure:
As on 1st Jan., 1972
As per annexed Account
37,361
64,450
31st December
1971
18,670
FIXED ASSETS
(As per Schedule
annexed)
18, 00, 000
FIXED DEPOSl:TS
Delhi Cloth & General
Mills Co. Ltd.
19,71,000
66,500
IocHa T(\\bacco Co.
ADVANCE GRANTS
INTEREST ACCRUED
5,00,000
24,71,000
48,139
\\
99,413
642 PREPAID EXPENSES
"43
CASH AND BANK BALANCES·
Cash in hand
43
With Central Bank of India:
7,71,832
6,919
Saving Bank AI c
Currant Alc
With First National City Bank:
Saving Bank AI C.
8,69,827
9,874
3,.79,270
12,59,014
39,05,731
Nnte:
Adjustment of expenditure incurred after 31st. December,l!1l2
out of grants aggregating Rs. 48,139 will be made on receipt nf
statements (\\f aCC0unts from the various grantees.
NEW DE LID ,
As per our report attached
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FAMILY PLANNING FOUNDATION
SCHEDULE OF FIXED ASSETS ANNEXED TO AND FORMING PART OF THE BALANCE SHEET
AS AT 31st. DECEMBER, 1972
Particulars
Motor Car
Furniture,
Fixtures and
Equipment
As at
1st Jan
23,337
COST
Add it
ions
during
the year
Total as
at 31st
Dec.72
23,337
14,306 14,306
DEPRECIA TION
As at
For the Total as
1st Jan
year
at 31st
1972
1972
Dec.,72
4,667
:1,734
8,401
1,820
1,820
WlUT'fEN DOWN VALUE
As at 31st
As at
December
31st Dec.
1972
1971
14,936
18,670
12,486
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Previous period
figures (1st April
1971 to 31st
December, 1971)
37,405
EXPENDITURE
Salaries
Contributory Provident Fund
(Employer's Contribution)
Modical Expenses
Previous period
figures (1st April
1971 to 31st
December, 1971)
88,232
Travelling and Conveyance
Expenses
Rent
Leas: Recoveries
25,600
1,200
Repairs and M~intenance
24,400
643
220
Insurance
800
894
Pca~age, Telephone and Telegram 7,869
558
Printing and Stationery
1,040
Meeting and Entertainment Exp.
1,423
Honorarium
2,70,0
Conoultant Charges and Expenses
3,400
Grnnts Made
21,112
Audit Fe,e
'500
Depreciation
5.554
Goneral Expenses
2,224
Excess of Income over expend.
for the year carried to
37,361
Balance Sheet
64,450
88,232
2,55,657
88,232
2,55,657
Note:"'EXecutive Director's remuneration Rs. 52, 91S (previoUS period Rs. 15,7' 0). In addition he is providoo acar by the Fflundation
for his personal & official use.
CHARTERED ACCO NTANT
NEW DELHI: As per our report attachoo
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lS72 - Expenditure /
Budget
Expenditure
Budget in
upto 31 Doc.
Lakh
1. EXPENDITURE ON STAFF
Pay and A1l0wancea including
Conveyance, Rent, Modical Expenses
Cont. Prov. Fund, Car Depreciati0n
Insurance ete.
1,24,271
11 EXPENSES ON ESTABLISHMENT
Office Rent, Electricity, Water etc.
10,380
Office Furniture, Equipment, Telephrme 7.168
Statinnery, Postabe, 0ther Gen. Exp.
111 EXPENSES TRAVEL
Travelling Expenses for Members of the
Foundati0n, Governing B0ard, Advis0ry
Panel, Advisory Council, Ex.Directnr
0' nnd Staff
IV EXPENSES
!vIEETINGS/ENTER-
TAINMENTS
Entertainment/Moeting Expenses
0.20
0.15
0.10
0.20
,- ~,-;;:<~
Budget 1973
in Lakhs
0.18
0.08
0.10
0.20
VI. FEES
Hrmf'rarium to A.dvisory Panel Members
Consulting Chargo:::>
2,700
3,400
0.15
0.20