The Akanksha Foundation

Provides high-quality education to children from low-income communities through an urban network of innovative schools

  • Gold Certified 2023
  • FCRA
  • 80G
  • 12A
  • CSR-1
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About

  • Headquarters

    Mumbai, Maharashtra

  • Since

    1992

Akanksha Foundation works to impart high-quality education to children from underprivileged sections of society with the aim to pull them out of the c Read moreycle of poverty. The schools are operated in partnership with municipal corporations with no fees being charged to the student. The Foundation has plans to operate more such schools in the public-private partnership mode in the future. It adopts a teaching curriculum and methods such that every child achieves all-round development and progresses favourably in life. It also won the India NGO of the Year Award in 2010.


Issue

The lack of quality schools impair children's abilities to perform well and do well in life.


Action

The Foundation aims to build the largest network of innovative schools that empowers children to maximise their potential and that influence systemic reform.

Demographies Served

Impact

Akanksha Foundation has implemented its model in 26 schools across Pune, Mumbai and Nagpur impacting 10,000 students achieving 88% attendance and 97% student retention, 75% of parents are part of school management committees, retaining 90% of teachers on an average and 100% students passed grade 12 as of 2020-21.

Vision & Mission

Akanksha’s Vision is that all children will be equipped with the education, skills, and
character they need to lead empowered lives. Our Mission is to impact the lives of
children from low-income communities, enabling them to maximize their potential and
change their lives.

Donor History

1. Bajaj Finance 2. Bank of America 3. EXL 4. Franklin Templeton 5. H.T. Parekh

Programs

  • Community Engagement Programmes

    Parents are considered to be an important part of school management committees(SMC) that ensure smooth functioning and accountability of the school management towards the students. They are encouraged to join the SMCs along with teachers and student leaders and take part in social initiatives to educate other parents on community issues.

    Parents are also trained in life skills, hygiene and nutrition to make their care more effective. It undertakes English classes for parents to build their confidence and pass it on to their children at home.

  • Youth Development Programmes

    The Foundation helps its children develop a positive attitude and values through the teaching of art, a curriculum developed by the Foundation itself. This also provides a career opportunity for its Alumni who can teach students and gain experience in the process.

    It also focuses on sports to inculcate teamwork and friendships through physical activity. It encourages students to join football, cricket and hockey matches played among community organisations and in between the Akanksha schools. It encourages a concept of ‘circle time’ where students get together with their mentor and interact freely to get their concerns and curiosities addressed.

  • Academic Achievement Programmes

    Schools managed by the Foundation follow a blended learning methodology which ensures continuity and reach of education. The approach combines the merits of classroom and remote learning. Its independent learning method encourages groups of students to perform and master one task at a time through the installation of independent workstations used by the student groups in a sequential manner.

    The Buckle Up and Read programme focuses on sharpening the student’s vocabulary and reading skills by providing books that contain more text than illustrations.

  • Alumni Support and Engagement Programmes

    The Foundation aims to support its students even after they pass out of its institutions through an Alumni Support Engagement Programme. This programme through its team ensures that passed out students do well in life by being in constant touch with them, conducting career awareness and counselling sessions, operating phone lines for support and guiding them towards alternative careers in case they are weak in academics.

  • Karuna Programme

    This programme is Akanksha Foundation’s response to the Covid pandemic. It includes the three components of Max Vax, Mental Health & Well-Being and Uninterrupted Learning.

    The Max Vax mission set out to increase vaccination intake among its students and communities while the Mental Health & Well-Being mission attempted to help people deal with Covid anxiety and supported them tide personal losses.

    The Uninterrupted Learning mission ensured that learning never stopped even in the absence of classroom teaching by keeping connected through virtual classes.

  • The Akanksha Foundation School Muncipal Program

    The Akanksha Foundation (TAF) is gearing up to support children from low-income communities, reverse the learning loss, strengthen socio-emotional well-being and build stronger relationships with the parents. Even before the Covid-19 pandemic, Akanksha schools used technology to teach students. However, the need is now more than ever & we look forward to having a meaningful partnership with you in this journey. The mission of The School Project is to create a model for high-performing schools that redefines what is possible for children from low-income communities, and has the potential to drive wider systemic reform. Akanksha’s vision is that one day, all children will be equipped with the education, skills and character they need to lead empowered lives AKANKSHA : TRANSFORMING EDUCATION From 15 children in 1991 to more than 14,000 children, Akanksha has been empowering children from low-income communities by imparting high-quality education through 26 English medium schools in Mumbai, Pune and Nagpur in India. Akanksha is one of the largest networks of public-private partnership schools in India and impacts countless children and their families through 3 main goals: Academic Excellence Adequate attention to each child and tailoring lesson plans makes education at Akanksha, a targeted and immersive journey. Akanksha also supports its alumni, once they've graduated from school. Socio-Emotional Well-being & Development Our Socio-Emotional & Ethical (SEE) Learning curriculum trains every child to maximise their potential through dedicated teaching practices, play and resources designed specifically to meet this goal. Parent Engagement Parents become our partners in a child's learning journey. They actively engage in the process of their child's development through programs such as the School Management Committee, parent literacy classes and parent volunteerism.

Impact Metrics

  • Students Passed in Ssc Exams

    Year-wise Metrics
    • 2014-15 58
    • 2015-16 61
    • 2016-17 120
    • 2017-18 97
    • 2018-19 130
    • 2019-20 217
  • Students Passed in Graduation

    Year-wise Metrics
    • 2014-15 36
    • 2015-16 14
    • 2016-17 100
    • 2017-18 84
    • 2018-19 84
    • 2019-20 107
  • Student Attendance %

    Year-wise Metrics
    • 2019-20 87
    • 2020-21 49
    • 2021-22 74
  • Student Retention %

    Year-wise Metrics
    • 2019-20 100
    • 2020-21 99
    • 2021-22 100
  • Parent Participation in Meetings %

    Year-wise Metrics
    • 2019-20 80
    • 2020-21 57
    • 2021-22 79
  • Parent Participation in Meetings %

    Year-wise Metrics
    • 2019-20 80
    • 2020-21 57
    • 2021-22 79

Theory of Change

The Akanksha Foundation is a not-for-profit organization with a mission to build a network of high performing and innovative schools to empower children & young adults from underserved communities and to influence the ecosystem.
We believe that when we reimagine learning for our students, we can pull their entire families out of poverty and address several allied Sustainable Development Goals.
We aspire for excellence in our pedagogy that holistically empowers students with life skills and enables them to lift their families out of poverty.

Milestones & Track Record

At the start of 2022, we were excited at the prospect of schools reopening and students getting back to classes after a gap of two years. Each one of us at The Akanksha Foundation - educators, central staff and support teams - came together and put our might behind our students.

We began strong, with nearly 100 percent of our students returning to school. This was no doubt due to the hard work of the school teams, who pulled all the stops during the pandemic to ensure that no child was left behind.

It was the start of something new and exciting as Nagpur welcomed children into physical classrooms for the first time.

Our innovative practices were acknowledged and applauded by international platforms like the Brookings Report and T4 Education. The World’s Best School top-3 shortlist was a wonderful opportunity to share Akanksha’s practices on the global stage.

With Project Setu, we initiated our goal of taking out practices to more than 200 government schools in Pimpri Chinchwad and Nagpur, with the potential of impacting more than 20,000 students. The programs under Project Setu focus on supporting educators in these schools with training and resources, and building the capacity of mentors and middle management.

Our successes in classrooms were matched by our incredible achievements on the sports fields. Our students won medals at the zonal, state and national levels of mainstream sports but also participated in lesser-played sports like Baseball, Sepak Takraw, Wushu, Sikai Martial Arts and Tennikoit.

One of the best metrics of our efforts is alumni success. This year, our alumni gave us plenty of reasons to celebrate, championing and amplifying Akanksha’s voice. The success of Aditya, who made his mark on county cricket in England, Zaid who became the first student from his college in 5 years to make it through to L&T and the first in his family to do so, Shruti and Pragati who represented the youth at the UNGA, and Rohit who founded Umang Foundation that works with children in Yerawada, are just some of the many happy reminders of the impact that Akanksha can have on the lives of children.

Leadership Team

  • Rahul Gupta

    Chief Operating Officer

  • Shaheen Mistri

    Founder & Board Member

  • Parag Shah

    Chief Financial Officer

  • Saurabh Taneja

    CEO

  • Chanda Peswani

    Director - Donor Relations

  • Chitra Pandit

    Chief of Development & Communications

  • Sheetal Murudkar

    Senior Director, Schools - Mumbai

  • Ruchi Gupta

    Senior Director, Alumni Support & Engagement and Art for Akanksha

Demographics & Structure

  • No. of Employees

    100+

  • Strength of Governing Body

    11

  • Diversity Metrics

    80% women

M&E

  • Internal, External Assessors

    Yes

Policies

  • Ethics and Transparency Policies

    No

  • Formal CEO Oversight & Compensation Policy

    No

Political & Religious Declarations

  • On Affiliation if any

    No

  • On Deployment Bias if any

    No

Organisation Structure

Organisation Structure

Yes

Awards & Recognitions

GuideStar India Platinum certification-2019, India NGO of the Year Award- 2010 , Great Place to Work® Certification Feb 2019- Jan 2020 - 2019 , GuideStar India Champion Level - Platinum Certification -2018 , Rockefeller Center Award — Finalist (Category: Large)-2015

Registration Details

  • PAN Card

    AAATT0207A

  • Registration ID

    MAH/132/91/BOMBAY

  • VO ID / Darpan ID

    MH/2017/0167739

  • 12A

    AAATT0207AE20214

  • 80G

    AAATT0207AF20214

  • FCRA

    083780558

  • CSR Registration Number

    CSR00001286

Location

  • Headquarters

    Voltas Premises, Z-Block, 2nd Floor, T. B. Kadam Marg, Chinchpokali, Mumbai, 400033

    Directions

Other Details

  • Type & Sub Type

    Non-profit
    Society

Financial Details

 Income / Expenses
  • 2018-19

    Income
    Rs.188,718,002
    Expenses
    Rs.200,350,757
    Admin Expenses
    Rs.48,650,446
    Program Expenses
    Rs.151,700,311
    Tip: Click on any value above to exclude it.
  • 2019-20

    Income
    Rs.451,122,551
    Expenses
    Rs.430,748,787
    Admin Expenses
    Rs.43,074,878
    Program Expenses
    Rs.387,673,909
    Tip: Click on any value above to exclude it.
  • 2020-21

    Income
    Rs.442,013,886
    Expenses
    Rs.40,939,066
    Admin Expenses
    Rs.4,093,906
    Program Expenses
    Rs.36,845,160
    Tip: Click on any value above to exclude it.
  • 2021-22

    Income
    Rs.532,640,854
    Expenses
    Rs.494,804,285
    Admin Expenses
    Rs.49,480,428
    Program Expenses
    Rs.445,323,857
    Tip: Click on any value above to exclude it.
  • 2022-23

    Income
    Rs.623,831,766
    Expenses
    Rs.606,989,021
    Admin Expenses
    Rs.108,141,235
    Program Expenses
    Rs.498,847,786
    Tip: Click on any value above to exclude it.