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A N N U A LR E P O R T

2 0 1 52 0 1 6

Annual Report 2015-16 01

CONTENTSCONTENTS

03

02

04

05

06

07

09

08

Online & Retail Giving (ORG)

About GiveIndia

Credibility Assurance - Listing

Credibility Assurance - Feedback

Financial Statements

Credibility Alliance Norms - Compliance Report

Board of Directors

GiveIndia in Numbers

04The Year That Was

05Payroll Giving (PRG)

10People Behind GiveIndia

05Alliances

GiveIndia was conceptualised in December 1999 and formally registered as GIVE Foundation on April 28, 2000, as a non-

profit company under Section 25 of the Companies Act, 1956 in Ahmedabad, Gujarat.

Our mission is to promote efficient and effective giving aimed at providing greater opportunities for the poor in

India.

A strong 'giving' culture where Indians donate 2% of their income every year to give the poor a chance. A vibrant

'philanthropy exchange' to ensure that the most efficient and effective non-profits get access to the most resources.

The fundamental premise of our operating model is that the donor is an "investor" looking for “social

returns” (essentially the satisfaction of knowing that their money made a difference to someone else's life).

We believe that a vibrant exchange, which connects donors to a large variety of causes for relief of the poor

and engages them actively, will result in money reaching the most efficient and effective non-profit organizations and

groups. This will help create the maximum impact in education, medical relief and relief for the poor. We engage the donors

by providing feedback reports to the donors, encouraging volunteering and NGO visits.

GiveIndia is a "philanthropy exchange" dedicated to helping the public donate to credible, transparent NGOs. It does

thorough due diligence of NGOs across a wide range of causes, and lists them on www.GiveIndia.org for the public to choose

and donate. Every donor gets a feedback report informing them on how their donation was utilised. GiveIndia does this at a

cost of fundraising of less than 10% which is one of the lowest in the world against an average of 20-40% in this sector.

Peter Drucker, talking about the importance of philanthropy in a society, says that

philanthropy should, above all, be able to help us look in the mirror and see 'a citizen who takes responsibility, a neighbour

who cares'. GiveIndia strongly resonates with the belief that the primary purpose of philanthropy is to get citizens 'engaged

in the issues of the country'. The 'exchange' structure we chose for ourselves also forces a minimal level of engagement by

the donors - in at least choosing what cause, organization and project they would like to support.

Over the last 15 years, GiveIndia has evolved and introduced several new activities which include:

www.GiveIndia.org is an online portal that allows donors to donate to any NGO working in the

area of education, medical relief, relief for the poor and preservation of the environment. Organisations that meet the

Credibility Alliance norms and certain other objective criteria are listed on the GiveIndia portal.

The Payroll Giving programme allows employees of member companies to contribute a fixed sum (as

low as `75) every month to charity through their salary. The automated system employed by GiveIndia allows donors to

choose the specific programme they wish to support with their contributions.

Underlying everything GiveIndia does is the belief that equity or "equal opportunity" is the cornerstone to civilization. Every

human being must have roughly the same opportunity to succeed in life, irrespective of where or how s/he is born.

Unfortunately, this tends to be not true. The last two decades have witnessed a widening of the gap between the rich and

poor in India. While the poor in India don't get a fair chance to succeed in life (lack of access to decent education, healthcare

and livelihood opportunities), the well-off continue to enjoy benefits from a globalising economy- greater incomes, reducing

taxes, 100% inheritance, etc. The net result is a ticking time-bomb of growing social unrest.

GiveIndia believes that a caring and sensitive well-to-do section can change this without waiting for the situation to explode.

To quote Prof William Sundstrom, "although the pursuit of distributive justice is often thought to require a political or

collective response, we should not allow this to let us off the hook when it comes to personal morality. Each of us could

probably afford to give much more to private charitable efforts to alleviate poverty and suffering. Indeed, given the failure of

our political leaders to provide anywhere near an adequate response, private action has become indispensable."

Mission :

Vision :

Operating Model :

Engagement :

The role of a ‘philanthropy exchange’

Activities :

Online & Retail Giving (ORG) :

Payroll Giving (PRG) :

The need for a "giving culture"

:

About GiveIndia


Managing Director, Bain Capital

Amit Chandra Venkat KrishnanDirector, GiveIndia

Rajesh JainManaging Director,

Netcore Technologies

Annabel MehtaDirector, Apnalaya

Dr. Sandeep SibalCEO & Co-Founder,

Fourth Frontier

Anu AgaDirector, Thermax

Former Chairman, ICICI Bank

N. Vaghul


Board of Directors

2015-16

The year 2015-16 was an interesting one for GiveIndia. We started the year by realigning our focus on "small individual givers", while the HNI philanthropy division was largely on "autopilot". In March 2016, GiveIndia spun off its HNI Philanthropy Division and merged it into Dasra, so as to enable GiveIndia to focus exclusively on its original mission of building a culture of giving among the masses.

During the year, donations raised from small individual donors (retail contributions) including Payroll Giving declined to Rs28.8cr from Rs30.7cr in the previous year. A

Retail Giving- Online

Resources Mobilised For The Poor

2014-15

Retail Giving- Offline

Payroll Giving

HNI Giving

Direct + Indirect Contributions

Corporate Donations

Funds channeled directly to NGOs

Cumulative Contributions till date

Donors who have donated

OR Contributed>=`100

Includes US, UK and India contributions All figures in ` crores

Other Performance Indicators

Donation Income

Investment Income

Expenditure*

Earned income as a % of theexpenditure

Expenditure as a % of funds channeled directly

Expenditure as a % of total fundschanneled

Headcount

*Excluding grants made to listed NGOs

The Year That Waslarge part of this decline can be attributed to the sharp drop in donations raised through the India Giving Challenge (which was rechristened as the India Smile Challenge). Over the years, we've found that Challenges result in a significant amount of "redirecting" of donations, as opposed to creating incremental givers or giving, and hence we took a conscious decision to move away from emphasis on "matching grants and rewards" towards efforts that will actually result in new donors being created and new, incremental donations happening.

2015-16

3.51

1.55

6.04

58%

9.4

3.4

16.0

3.8

Grants to Channel Partners/NGOs 0.3

-

32.9

320.9

1,02,078

18.5%

18.3%

53

Total Direct Contributions 32.6

2013-14

2.83

1.84

3.83

74%

10.6%

6.9%

58

2014-15

3.20

1.21

4.57

70%

14%

11%

54

2013-14

10.0

3.1

13.3

9.3

19.4

56.6

3.4

248.1

1,18,594

1.5

35.7

13.2

2.0

15.5

5.3

0.4

7.3

43.7

288.0

1,11,867

36.0

GiveIndia in Numbers

Donations by Country Donors by Cause*

*All funds go towards relief of the poor

Donation amounts by Cause*

Children

20%

Health

17%

Disabled

14%

Education

33%

Elderly8%

Women

3%

Employment

2%

Environment

2%Youth

1%

India 87%

UK 1.01%

US4.95%

Others7.42%

General Fund9%

Elderly4%

Children

21%

Disabled13%

Health

13%

iGive

12%

Women1%

Employment1%

Education

26%


Payroll Giving (PRG)Last year, 7 new companies decided to give back to society by

implementing our Payroll Giving programme, thus offering

employees an opportunity to donate to causes of choice by

voluntarily deductions through their monthly salaries. The

new additions were Firestar International, EXL, ATE, Vistara

Air, HDB Financial Services Ltd, ITC Grand Chola, Metro One

Operations Pvt Ltd. Funds raised this year grew by about 4%

from `15.5 Cr. last year to 16.05 Cr. this year, with an

additional 35,000 donors joining the programme through

average contributions of `189 per month. We ended the

year with over 125 corporate organisations and over 85,260

employees as part of this programme. This year, we ran some

`

major fund raising campaigns in association with our

corporate partners. India’s Smile Challenge raised `123.7L

with the help of 12,548 donors from 19 corporates and 6

colleges. Also ICICI Wish Tree campaign raised `123.06L

from 1.45L donors. Each of these initiatives saw tremendous

traction and interest across our Payroll Giving partners. 45%

of our donor base chose to convert their accumulation

account to Monthly Donation Option which increased the

frequency of donations to their selected cause and NGO. All

the above initiatives met with favorable outcomes and we

look forward to focus on comprehensively implementing

them across all our corporate partners in the coming year.

At Genpact, giving is a way of life and Give India has been our trusted partner for the last seven years to help execute our Payroll Giving program in India. Our people are our biggest asset and it is their passion that has led to the huge success of this program. Over the years, we have contributed `8.5 crores worth of social impact driven through payroll donations towards community projects in India. Currently we have 14,500+ employees participating across all our India sites. In fact, we are the first company on GiveIndia’s program to have such a large workforce enrolled for payroll giving. It gives us immense pride and satisfaction that we are making a difference to critical social causes in India. Be it children’s education or empowerment of underprivileged girls, we are focused on continuously expanding the impact of this program through this partnership. NV "Tiger" Tyagarajan President & CEO, Genpact India

Firstsource has had a long standing partnership with GiveIndia for their Payroll Giving Initiative . We encourage our employees to participate in the Payroll Giving Initiative as it helps us in driving a culture of giving in the society . It is a fairly robust and transparent platform as employees can choose the NGO’s depending on the cause they would like to support and the they also have visibility to how their contribution is being utilized. Deepti Mittal SVP – Human Resources, Firstsource

What is unique about GiveIndia is its single platform that enables an organization to implement a single payroll giving programme, but still allows individuals within the organization to identify the causes that they would like to support. AZB & Partners has enjoyed being associated with an organization like GiveIndia, which has provided our team with the opportunity to support charities they believe in, and that too in an easy, efficient and responsible manner. Zia Mody AZB & Partners

With a completely new team joining in FY15-16, ORG saw a

number of new initiatives being executed towards achieving

objectives.

Hansa Research, a leading research firm conducted a

research to size various donor segments within the donor

universe and to gain in-depth understanding of their current

philanthropic practices and their psycho-social needs,

driving philanthropy.

Targeted email campaigns reaching out to segmented donor

base with personalized communication resulted in good

number of donations during major occasions.

Innovations, infographics and experiments saw a spike in the

Online & Retail Giving (ORG)number of potential donors engaging with GiveIndia on

social media.

India Smile Challenge was rebranded to India Smile

Challenge; Our NGO partners raised 1.55 Crores from 4027

donors and saw increased participation from corporates

over previous years.

India Tax Saving Challenge saw participation from 36 NGO

partners, raising 71.5 Lakhs through 685 donors.

Swimathon (swim for a cause), an initiative by children from

IB schools saw 4 top IB schools from Mumbai participate in

the competition, raising 11.24 Lakhs.


For Alliances it was a challenging year. Existing partners saw

some disruptions. The charity donations was disrupted at

PAYBACK and MakeMyTrip due issues at partners end. On

the bright side Pepperfry.com delivered a windfall of donors.

Overall alliances brought in half the new donors acquired by

GiveIndia. We started our partnership with Budli.in. Some of

the Loyalty Manager aggregators introduced GiveIndia to

new client partners of theirs thus expanding our reach to

more donors.

A good pipeline of alliances are in the works waiting to

launch in the current financial year.

Alliances

“Being one of the first few Tier 1 organisations to sign up with it, Apnalaya shares a longstanding relationship with Give India. Starting with

a few Regular Donation Options initially, the advantages of the Monthly Donation Option programs were soon evident and we actively

sought support for all the suitable programs. The inflow from that stream has steadied our cash flow. The donations received through Give

India have enabled us to reach out to a larger base of the most underserved people in Mumbai through our various projects like, Family

Counselling Centres, crèches, ANC clinics and Disability. Give India has also brought about occasions for engaging on a larger common

platform during their annual meets. We look forward to growing this relationship to even greater strengths.”

- AnjuPaniculam , Program Head – Livelihood and Marketing, Apnalaya

In 2015-16, we disbursed a total of Rs. 34.3 Cr to 217 Tier I

Partners. This translates to an average donation of Rs. 15.8

Lakhs per NGO and a median of Rs. 10 Lakhs up by 10% and

19% respectively. We started the year with a total of 204 Tier

I partners and added a net of 7 partners to the end with 211

partners.

We are continuously striving to improve our understanding

of partners NGOs on the ground and . took a decisionto visit

each partneronce every three years. We completed52 such

visitspartners. These visits have helped tremendouslyin

bridging the gap between the work we do remotely from our

desks and our partners' implementation on the ground. The

Credibility Assurance - Listingvisits have also helped us in building closer relations. In this

coming year, we hope to complete visits to 100 NGOs i.e.

50% of our partners.

As we have done every year for three years now, we had staff

and volunteers travel to meet the people supported by

donations channelled through us. We completed 946 such

programme verification visits (up from 761 in 2014-15) of

206 NGOs (up from 190 NGOs). Under this process, we

select a random sample of feedbacks as received by NGOs

and pay a home visit to the people supported, independent

of the NGO. This practice gives us further confidence in our

partners apart from the office visits we carry out.

“Experience of partnering with Giveindia is always a smooth journey in enhancing the Credibility of TRDC as well as empowering individuals

to give or donate for their chosen causes. During 2014-2015, our partnership has impacted on the lives thousands of children in primary

and hundreds of girl children in secondary to continue their education. We could also impact on the livelihood of many families through our

natural resources conservation program supported by Giveindia donors. Without the support of Giveindia, we would not have been able to

achieve the set annual targets. Big thanks to Team Giveindia ”- Dr. Anil Abbi, Director, Tropical Research and Development Centre, Bangalore


THE ASSOCIATION OF PEOPLE WITH DISABILITY

Credibility Assurance - Feedback

EMPOWERING MINDS SOCIETY FOR RESEARCH AND DEVELOPMENT

PRIYADARSHINI SEVA MANDALI KALINGA INSTITUTE OF SOCIAL SCIENCES

GRAMIN VIKAS VIGYAN SAMITI THE LEPROSY MISSION TRUST INDIA

VIZHUTHUKAL TRUST

THE LEPROSY MISSION TRUST INDIA


Balance Sheet as at March 31, 2016

As at March 31

EQUITY AND LIABILITIES

Shareholders’ funds

Share capital

Corpus fund

Reserves and surplus

2016(Rupees)

2015(Rupees)

Total

A

1

Notes

3

4

5

Non-current liabilities

Long-term provisions

2

6

Current liabilities

Trade Payables

3

7

ASSETS

Non-current assets

(i) Tangible assets

Fixed assets

(ii) Intangible assets

Total

B

1

10A

Long-term loans and advances

Total

11

Current assets2

Current investments

Cash and cash equivalents

Short-term loans and advances

Other Current Assets

12

13

14

15

Total

Total

25,200

6,76,12,000

(1,19,44,479)

5,56,92,721

16,56,553

-

13,38,940

17,856

13,56,796

1,56,88,321

1,70,45,117

7,48,06,982

48,30,654

29,36,787

8,25,75,138

9,96,20,255

Statement of Income and Expenditure for the year ended March 31, 2016

715

Year Ended March 31

Income

Donations received for covering administrative cost

2016(Rupees)

2015(Rupees)

Notes

161 3,51,28,232

Other income

Total (1+2)

172 1,55,40,288

5,06,68, 520

4,01,10,126

26,87,640

1,76,40,538

31,30,000

6,35,68,304

Expenditure

Employee benefits expense

Depreciation and amortisation expense

Other expenses

Total Expenditure

18

19

10B

(1,28,99,784)Excess of Expenditure overIncome (3-5)

(5,119)Basic and diluted Earnings per share (Face value of

10 each)(refer note 24)`

Grants made

Statement of Fund Flow for the yearended 31st March, 2016

For The Year Ended March 31

SOURCES OF FUNDS

Donations retained

Corpus Fund

Received from sale of fixed assetsContribution to Earmarked Funds & Charity Account

2016(Rupees)

2015(Rupees)

Redemption of Investments

Income on Investments

Decrease in Net Assets

Addition to Fixed Assets

Purchase of Investments

Disbursements from Earmarked FundsEmployee benefit expense

Other expenses

Grants made

Increase in net assets

APPLICATION OF FUNDS

3,51,28,232

-

41,714

30,61 ,86,828

17,06,75,343

1,55,31,026

-

52,75,63,143

10,71,63,451

8,35,708

35,04,86,006

4,01,10,126

1,75,40,538

31,30,000

Total

Total

Financial Statements

a)

b)

c)

a)

b)

c)

d)

a)

b)

c)

d)

3

4

a)

b)

5

6

a)

b)

c)

Other current liabilities 8 4,15,91,885

Short Term Provisions 9 69,549

Total 9,96,20,255

In terms of our report attached

For Deloitte Haskins & Sells LLPChartered Accountants

R. LaxminarayanPartner

Place : MumbaiDate : August 02, 2016

For GIVE Foundation

N Vaghul Chairman

Place: MumbaiDate: August 02, 2016

Venkat K. N.Director

Total 4,22,70,981

25,200

6,76,12,000

9,56,977

6,85,94,177

16,35,209

-

32,42,851

-

32,42,851

1,22,84,657

1,55,27,508

13,83,18,868

28,09,424

28,39,390

14,39,67,682

15,94,95,190

-

8,81,79,919

59,889

15,94,95,190

8,92,65,804

3,19,73,374

1,20,82,407

4,40,55,781

3,07,07,445

19,06,347

1,31,20,069

40,45,973

4,97,79,834

(57,24,053)

(2,271)

3,19,73,374

86,00,000

2,60,189

33,06,05,580

30,42,44,810

1,20,26,101

12,73,66,420

81,50,76,474

38,34,00,000

-

81,50,76,474

47,85,387

37,90,17,600

3,07,07,445

1,31,20,069

40,45,973

(I) Total outstanding dues of Micro Ent. & Small Ent.

- -

6,09,547 10,25,996 (ii) Total outstanding dues of creditors other than Micro Ent. & Small Ent.

6,09,547 10,25,996

82,27,314

52,75,63,143


Identity

We are registered as a not-for-profit company under section

25 of the Companies Act, 1956. (Reg. No. 04-37902, dtd.

April 28, 2000), with the RoC, Gujarat. MoA and AoA are

available on request.

We are registered u/s 12A of the Income Tax Act, 1961, and

with the DIT exemptions, Gujarat u/s 80G (Reg. No.DIT

(E)/80G (5)/929/07-08.)

Visitors are welcome to the address given on the “Contact

Us” link on our website.

Name & Address of Main Bankers: ICICI Bank Ltd., Drive In

Road Branch, Ahmedabad - 380 054.

Name and Address of the Auditors :

Deloitte Haskins & Sells LLP, Indiabulls Finance Centre, Tower 3, 27th-32nd Floor, Senapati Bapat marg, Elphinstone (West), Mumbai - 400 013.

Governance - Details of Board Members:(as of March 31, 2016)

Name Age SexPosition on Board

Occupation Area ofcompetency

Meetingsattended

Mr. N. Vaghul

Ms. Annabel Mehta

Ms. Anu Aga

79

76

73

Chairman

Director

Director

Banking & Finance

Non-profit Sector

Management

M

F

F

Ex - Chairman ICICI Bank Ltd.

Treasurer, Apnalaya

Director- Thermax Limited

3/4

4/4Mr. RajeshJain

Mr. Amit Chandra

Mr. Venkat Krishnan

Mr. SandeepSibal

48

47

45

49

Director

Director

Director

Director

Technology

Finance

Management and

Operations

Technologist

M

M

M

M

Founder-Chairman and Managing Director of

NetCore Solutions

Managing Director - Bain Capital

Director - GIVE Foundation 3/4

2/4

The GIVE Board met four times in FY 2015-2016 on

29/05/2015, 07/08/2015, 19/10/2015 and 28/01/2016

Minutes of the Board meetings are documented and

circulated.

A Board Rotation Policy exists and is practiced.

The Board approves programmes, budgets, annual activity

reports and audited financial statements. The Board ensures

the organisation's compliance with laws and regulations.

No remuneration, sitting fees or any other form of

compensation has been paid since inception of the

Accountability and Transparency

Foundation, to any Board member, trustee or

shareholder. No reimbursements have been made to any

Board member, trustee or shareholder.

CEO's Remuneration: ̀ 5, 00,000?CEO resigned as of Jan’16

Remuneration of next 3 highest paid staff members:

`1, 80,000 / ̀ 1, 72,500 / ̀ 1,65,000

Remuneration of the lowest paid staff member:

`10,196

Average Salary : ̀ 38,285; Median Salary: ̀ 25,488

Total Cost of National Travel by All Personnel (Including Volunteers) & Board Members: `15,43,137

Total Cost of International Travel By All Personnel (Including Volunteers) & Board Members : `1,39,198

Staff : (Per Month)

Credibility Alliance Norms - Compliance Report

Staff Details : (as of March 31, 2016)

Gender Paid (Part Time) Paid (Full Time) Unpaid Volunteers

Male

Female

0

3

27

23

Distribution Of Staff According To Salary Levels (as of March 31, 2016)Slab of gross salary in (`) plus benefits paid to staff Male TotalFemale

10,001-25,000

25,001-50,000

50,001-1,00,000

1,00,001>

Total

13

6

4

5

28

13

11

1

0

25

26

17

5

5

53

3/4

4/4

3/4

CEO & Co-Founder,Fourth Frontier

*Mr. Sandeep Sibal was appointed director on 11th August, 2015.


Introduction

Annual Offsite Visit

NGO Visit by our employees

The year 2015-16 has been exhilarating and promising in all areas of work for team GiveIndia. As of 31st March 2016 our team strength was 53 employees.

Every year we begin with an offsite meeting where all our teams showcase previous year's achievements and plans for coming year. This year's offsite setting was at The Dukes Retreat, which is one of the most exclusive resorts in Khandala. Nestled amidst Mother Nature, the resort offers gorgeous views of the famous cliff of the Western Ghats, with spacious and beautifully appointed rooms, contemporary meeting facilities and restaurants.The Dukes Retreat blends service with finesse, making it a perfect getaway to escape and to soak in the exotic beauty of nature. We thank them for hosting us for free at their Hotel for two and a half days. It was an excellent weekend with a very co-operative staff & management.

We at GiveIndia work with the objective to help the make the lives of the absolute needy and downtrodden citizens of our

society easier and enjoyable. To achieve this one has to see to believe. We encourage our employees to personally visit the underprivileged homes to fully comprehend the challenges faced by these peoples – the scarcity of basic resources and the general lack of empathy they face from society. Such visits enable appreciation of their circumstances. We have a dedicated team tasked with verifying donations are reaching the targeted beneficiaries. In addition, GiveIndia encourages each team member to become responsible for verifying this by visiting such sponsored homes each quarter.

We sincerely believe in inculcating a sense of patriotism and love for your country in the minds of our employees. Hence we took the opportunity to celebrate India's 67th year of independence and introduced an independence dress code for the boys and girls wherein every employee will wear at least one color of their dress which is present in the India's flag and the best dressed male and female will get an award. This created excitement in our employees. We also conducted a quiz competition with the history of India's independence as the agenda and the employees had a great time participating in the competition.

Independence Day Celebrations

People Behind GiveIndia

GiveIndia Team at its Annual Review meet at Dukes Retreat, Khandala.

Volunteers as of March 31, 2016

and many more...

uPawan Mehra

u

uGeetha Penna

uApoorva Bhandari

uManu Bhatnagar

Hari Srinivasan

uRachana Mathur

uSrinivas Subramaniam

uPriya Ramesh

uShanmuha Preya

uP Shyamsunder

uVanessa Ferns

uSuvendrini Schuhmann

uLuke De Noronha

uAkshay Joshi

uDeloitte, Haskins & Sells, LLP

uSalesforce

uTechSoup

uFusionCharts

uTata Business Support Services

uTraining Incorporate

uVision Project

uDukes Retreat, Khandala

uOctane

Thanks for their pro-bono services Interns

uRosemary Jose

uHarshvardhan Singh Sachdev

uDeevi Sri Lalitha

uEkta Bharti

uSathu Sharath

uSneha Suresh Vinerkar

uTejal Aher

uBen Skinner

uJohny Nguyen

uJake McCallum

uKelly Munro

uAbhijit


Regd. Office :

704/J, Indraprasth Towers, Near Drive In Cinema,

Suvidha Nagar CHS Ltd., Thaltej, Ahmedabad - 380 054. INDIA

Give Foundation CIN No. U91110GJ2000NPL037902

Administrative Office :

B-703 “Pramukh Plaza”, off. Andheri Kurla Road, Chakala,

Andheri (E), Mumbai 400093. INDIA

Phone : +91 - 22 - 42759400

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