Thank you for taking a step towards empowering dreams and changing lives. As stewards of this vision, we are committed to transparency and accountability. Below, you’ll find our trust fund’s financial information.
Nachiappan Foundation Trust has a PAN registration number AABTN8513E. It was registered with the sub-registrar’s office in Chennai on 23 August 2013. Income under the foundation is exempted from tax as per the certificate issued by the commissioner of Income Tax, Chennai. The registration certificate under section 12 AA of the income tax act was received from the director of income tax (Exemptions) Chennai, under reference number DIT (E) No.2 (427) 13-14 SL No. 396/13-14 dated 28.03.2014.
The funds received in the corpus of the foundation has been placed in several fixed deposits and the income accruing from these deposits are used to fund the students on an ongoing basis.
Funding of the corpus
of the foundation
- The initial corpus of the foundation at inception in 2013 was Rs 41 lakhs
- The corpus as of 31 March 2024 stands at Rs 73,05,008
- The contributions thus far (30 April 2024) are only from the trustees and family descendants of late R. Nachiappan
- Contribution form well-meaning sponsors to whom the cause if education resonates are also welcome to contribute
Bank account details for
direct transfer by third party
independent sponsors
Name
Nachiappan Foundation Trust
Bank
HDFC Bank
Branch
Chennai, 40 Nungambakkam High Road, Chennai 600034
Account Number
50100327525115
MICR
600240006
Branch code
000082
Swift code
HDFCINBB (Head office)
IFSC Code
HDFC 0000082
List of Donors
| No. | Name | Amount | Date |
| 1 | Clasticon Solutions PVT. LTD. | INR 40,000.00 | 04/06/2024 |