FAQ Categories
Vidya Foundation(VF)
Vidya Foundation is a dedicated endowment entity established to build and manage a perpetual corpus that supports scholarships, student development, and institutional growth within Vidya institutions.
VICT focuses on operating and developing educational institutions. VF was created to professionally manage long-term charitable funds and endowments, following models adopted by leading universities worldwide. This separation ensures focused governance, transparency, and sustainability.
Traditional fundraising typically spends donations once. VF preserves the donated capital and uses only the income generated from it, creating recurring impact year after year.
A perpetual endowment is a fund where the principal amount remains invested permanently, while the investment income is used to support charitable purposes defined by the donor.
Anyone can contribute, including alumni, trustees, parents, faculty, corporate organizations, philanthropists, and well-wishers.
Donors may support scholarships, student welfare, academic excellence, infrastructure development, department initiatives, research activities, and other approved educational causes.
VF follows documented policies for donation acceptance, investment management, fund distribution, auditing, and donor reporting. Donors receive periodic updates regarding their endowment and its impact.
Yes. VF draws inspiration from endowment-based philanthropy models used by leading universities worldwide, where professionally managed endowment funds provide long-term financial sustainability.
Named Endowment(PNE)
A PNE is a perpetual fund established in the name of an individual, family, batch, organization, department, or in memory of a loved one. The capital remains invested permanently while the income supports charitable purposes of the PNE every year.
A minimum aggregated contribution of ₹5,00,000 is required currently to establish a Permanent Named Endowment. The rate may change in future for new PNEs, without impacting already established PNEs.
Yes. Contributions may be made over time. Until the minimum corpus is fully funded, the fund will be treated as an Emerging Endowment.
An Emerging Endowment is a partially funded endowment that has not yet reached the stipulated amount required for setting up a PNE.
Yes. Families, friends, alumni batches, organizations, and groups may jointly establish and fund a PNE.
Yes. Many donors create endowments in memory of parents, teachers, mentors, family members, or other individuals they wish to honor permanently.
The principal corpus remains invested under VF's approved investment policies and is intended to remain intact in perpetuity.
Yes. Donors receive periodic reports on corpus growth, distributions made, and the impact generated through the endowment.
No. Donations made towards a PNE are irrevocable charitable contributions and become part of the permanent corpus of Vidya Foundation.
VF will make every effort to honor the donor's intent. If the original purpose becomes impossible or impractical, the funds may be redirected to a closely aligned purpose consistent with the donor's original vision.
Scholarships & Donor Involvement
Recipients are selected under Vidya's published Merit-cum-Means Scholarship Policy, which evaluates both academic merit and financial need.
No. Scholarships are awarded through an established and transparent selection process to ensure fairness and compliance.
Yes. Subject to applicable policies, a donor or nominee may be invited to observe or participate in the scholarship review process for their respective endowment.
Yes, subject to privacy regulations and student consent requirements, donors may receive information regarding scholarship beneficiaries supported by their endowment.
Currently, scholarship endowments primarily support tuition fee assistance. The scope may expand in the future under approved policies.
VF plans structured payout cycles aligned with the academic fee schedule to ensure timely support for students.
Income may be combined with other scholarship resources or used for partial fee assistance, depending on the available distributable amount.
Yes. Subject to VF policies, donors may establish endowments supporting a specific department, academic discipline, batch, activity, or educational cause.
Legal, Governance & Compliance
Yes. VF operates as a registered charitable entity and complies with applicable Indian laws governing charitable organizations.
Yes. Eligible donations qualify for tax benefits under Section 80G, subject to prevailing regulations and donor eligibility requirements.
VF invests funds only through approved investment avenues permitted for charitable organizations and in accordance with its investment policy.
No. Investment decisions are made solely by the Foundation to ensure professional management, compliance, and fiduciary responsibility.
Earnings from cropus fund is allocated as follows:
- A small portion for administrative and corpus fund management expenses (currently estimated as 5%)
- A small portion for reinvesting to the corpus for maintaining perpetuity, absorb inflation and any future increase in the cost of scholarship (currently fixed as 15%)
- The balance is distributed towards donor-designated charitable purposes (currently 80% or more)
VF follows documented governance policies, maintains proper accounts, undergoes periodic audits, and provides donor reporting.
No. VF is committed to honoring donor intent and ensures distributions are aligned with the purpose specified for the endowment. If the original purpose of my PNE becomes impractical to honor, the defined process will be followed.
VF will adapt its operations to remain compliant with applicable legal and regulatory requirements while protecting donor intent and charitable objectives.
Yes. Endowment corpus funds are managed under the Foundation's governance framework and are distinct from the day-to-day operating finances of the educational institutions.
Additional QAs
No. A PNE is a charitable donation. The donor does not receive the corpus back. Instead, the contribution creates a permanent charitable legacy.
No. The corpus remains invested permanently. Only the income generated from it is used for charitable purposes.
Yes. Higher corpus values generally generate higher annual income, enabling greater scholarship and development support.
The objective is perpetuity. Through prudent investment and reinvestment, the endowment is designed to continue generating impact indefinitely.