About
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Headquarters
Bangalore, Karnataka
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Since
1994
The Foundation For Excellence (FFE) is a 30 years old registered non-profit, based in USA and was founded by the renowned serial entrepreneur, Dr. Pra Read morebhu Goel and Mrs. Poonam Goel. The Foundation for Excellence India Trust (FFEIT) was registered in 2003 as a public Charitable Trust in India and works in association with FFE. It has the same objectives as FFE and raises resources from donors worldwide. FFE awards scholarships to students pursuing degrees in Engineering, Medicine, Law and BPharm in India. The objective of the FFE Scholarship Program is to help these students and their families transition from low to middle income group in a single generation. The mission of FFE is to transform the lives of academically brilliant but financially needy students in India by awarding merit cum means scholarships. In the last 30 years since its inception in 1994, FFE has already helped over 38,000 scholars across India, changing their lives for posterity; over 1,00,000 scholarships totalling to Rs.436 Crores have been disbursed. Foundation for Excellence (FFE) was founded in 1994 to help bright students from low-income families achieve their ambition of attaining professional degrees. It identifies and provides scholarships to students who have excelled in the State and National entrance examinations in the disciplines of technology, engineering, law and medicine and have been accepted as candidates by reputed institutions in India. Besides providing scholarships the Foundation also equips the students with life and skill upgradation opportunities with FFE donors and corporate volunteers providing mentorship, career counselling and employability skills to individual students.
Issue
Poverty and education are interlinked; India has 53.3 million people living in extreme poverty, which makes up 4% of the population. Poverty denies access to education, thereby pushing the family into a state of deeper poverty for generations. Gross Enrollment Ratio* for higher education in India moved to 27.1 % in 2019-20 from 25.8 % in 2017-18 (as per AISHE, 2019-20). This, however, means only 27 in 100 students go for higher studies. In most cases, this is due to the economic condition of the family. India has the largest population of young people in the world- around 600 million below the age of 25. Within this group are a large number of youth with high potential who are excluded from education, employment or training while many are employed in the informal sector as agricultural laborers or as daily wage earners. As the youth population swells and the graduation rate in elementary and secondary levels increases, there is an increased demand for access to tertiary education in India. Quality education and access is one of the biggest challenges that India’s youth face today; poverty and its associated burden often prevents access to education at all levels and in many cases, lack of education can trap families in the cycle of poverty. Many students, though academically brilliant, do not get the opportunity to leverage their inherent intelligence and reach their full potential. For the few whose families encourage them to pursue higher education, the prohibitive cost becomes unsustainable. These families do not possess the financial wherewithal to sustain the cost of higher education. In the absence of formal sources of support (most of them belong to the unorganized sector and are unable to get loans from banks), these families have no option but to turn to unscrupulous moneylenders for monetary support. Exorbitant rates of interest coupled with principal means the family is caught in the vicious cycle of debt. Sustaining the education of their children for 4 to 5 years becomes cost prohibitive and education becomes the first casualty. The impact of lack of higher education is felt not only by the scholar but also by his /her immediate family. • A brilliant and talented student, relegated to taking up jobs that require basic skill sets is a waste of human capital. Despite their huge potential, the talent of such students largely remains unutilized leading to unfulfilled dreams and related frustration. • These students may be relegated to jobs that require basic skills. Future earning capacity is also severely limited due to their limited educational qualifications. • A talented individual is thus caught in the same vicious cycle of poverty with all its negative impacts. The lack of education in a generation severely affects the future of the family. With limited avenues for their upliftment, these students and their families continue to be trapped in a vicious financial vortex. • The nation loses valuable human resources that are capable of contributing significantly to its development.
Action
FFE and FFEIT are committed to its mission of helping economically underprivileged and academically bright students in India accomplish their goals of pursuing higher education. FFE seeks to accomplish its mission through its Scholarship Program. Since its inception in 1994, FFE has helped over 38,000 scholars in India who are today very successfully part of India’s human resource legion. More than 1,00,000 scholarships have been awarded since FFE’s inception, to students in 28 states, amounting to approximately INR 436 Crores. In FY 2023-24 alone, 16,294 students were awarded scholarships totalling INR 75.89 Crores to students attending Engineering, Medical B. Pharm and Law Institutes.
Demographies Served
Cause Area
Sub Sector
Impact
The FFE Scholarship Program ensures that a brilliant scholar from an economically constrained background can focus on his/her college degree, graduate successfully and gain employment as a Professional. Economic empowerment of individuals and their families in a single generation is the lasting impact of this program Foundation for Excellence has awarded over 1,00,000 scholarships to deserving students helping them and their families break out of poverty. In twenty nine years since its inception in 1994, FFE has already helped over 38,000 scholars across India, changing their lives for posterity; over 1,00,000 scholarships totalling to Rs.436 Crores have been awarded to students. FFE ended FY 2023-24, awarding scholarships to 4709 first time scholars and to 11,585 renewal students. In total, 16,294 students were awarded scholarships amounting to Rs.75.89 Crores during FY 2023-24 alone. FFE has a network of over 700+ volunteer “facilitators” distributed throughout India who identify potential awardees, verify the genuineness of their need, and act as mentors once the scholarship is awarded. This ensures that only genuinely deserving students are awarded scholarships. Stories of Change(Video): https://www.youtube.com/watch?v=d38Jh7wMyi8
Vision & Mission
The vision of FFE is to bring about economic and social transformation in the lives of academically bright and economically underprivileged students and their families through education and ultimately become a self-sustaining organization through FFE alumni contributions which support other students.
The mission of FFE is to provide scholarships to exceptionally bright students who have financial constraints, enabling them to achieve professional success as Engineers, Doctors, Lawyers & pharmacists.
The goal of FFE is to identify qualified Engineering, MBBS, Law & B. Pharm students studying across India and award merit cum means scholarships
Donor History
1.Foundation For Excellence Inc.
2.A World Of Opportunity Foundation
3.Transunion Cibil Limited
4.Faiveley Transport Rail Technologies India Ltd
5.Give Foundation
Programs
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FFE's Scholarship Programme
State- Andhra Pradesh
- Karnataka
- Odisha
- Puducherry
- Tamil Nadu
- West Bengal
- Chhattisgarh
- Arunachal Pradesh
- Assam
- Bihar
- Chandigarh
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu and Kashmir
- Jharkhand
- Kerala
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Punjab
- Rajasthan
- Sikkim
- Tripura
- Uttar Pradesh
- Uttarakhand
- Telangana
Identification of eligible scholars: Students apply to FFE’s scholarship program through an online application form. Once student’s eligibility is determined, students are connected to one of FFE’s distributed network of volunteer “Facilitators” in 28 states. FFE’s community of volunteer facilitators range from retired professionals, experienced professionals, FFE alumni and socially influential individuals. Facilitators meet the prospective student or their family members to determine the genuineness of need and financial hardship. After verification of family background and academic credentials, students submit the application form online along with all supporting documents. FFE does not discriminate based on caste, creed or religion.
Eligibility Criteria:
Students must meet two qualifying criteria to be eligible for the scholarship program:
Academic: Academic Excellence based on qualifying rank in the entrance exam. i.e., CET/JEE MAIN/JEE Advance
Financial: Students must belong to families where the combined family income is INR 3 Lakh or less per annum. Details at: https://ffe.org/site/scholars/ -
Beyond Scholarships Programme-FFE's Mentoring Program
State- Andhra Pradesh
- Karnataka
- Odisha
- Puducherry
- Tamil Nadu
- West Bengal
- Chhattisgarh
- Arunachal Pradesh
- Assam
- Bihar
- Chandigarh
- Dadra and Nagar Haveli
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu and Kashmir
- Jharkhand
- Kerala
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Punjab
- Rajasthan
- Sikkim
- Tripura
- Uttar Pradesh
- Uttarakhand
- Telangana
Mentorship Program: To help scholars acquire essential career-relevant skills that are necessary for building a foundation for a good career, Mentorship program is offered to Year 3 Engineering, Pharmacy and Law students. The program is designed and geared towards career readiness of the scholars. Corporate Mentors are encouraged to mentor FFE Scholars for a period of 4-6 months in- person by remote means, using online platform, allowing for students in different geographical locations in India to be matched to a mentor. The program is conducted remotely through an in- house technology platform facilitated by a video interface, where industry experts with a minimum of 5 years of experience guide and mentor FFE scholars.
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Beyond Scholarships Programme- FFE's Skills Training Program
Skills Training: Delivering the Skills training Program (soft skills and technical skills) to Engineering students to enable their transition to confident, self-assured, and technically skilled individuals ready to interview for internships and jobs. This includes periodic evaluation of content and delivery effectiveness by vendor partners.
FFE supports its scholar beyond scholarships by supplementing their college education with training in life skills, skill upgradation in English, aptitude, mock interviews and technical support through Coursera, online webinars, workshops and resume writing inputs. Corporate mentors also provide assistance by mentoring the students in addition to providing internship opportunities.
Skills Training: Delivering the Skills training Program (soft skills and technical skills) to Engineering students to enable their transition to confident, self-assured and technically skilled individuals ready to interview for internships and jobs. This includes periodic evaluation of content and delivery effectiveness by vendor partners.
Impact Metrics
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Scholarships for Higher Studies to the Students From Families With Annual Income Below Three Lakhs
Program Name
Scholarship Programme
Year-wise Metrics- 2017-18 4946
- 2018-19 5422
- 2019-20 6383
- 2020-21 7498
- 2021-22 10227
- 2022-23 13579
- 2023-24 16294
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Number of Mentor-Mentee Pairs for Guiding and Supporting Students in Their Studies
Program Name
Mentoring Programme
Year-wise Metrics- 2017-18 181
- 2018-19 200
- 2019-20 187
- 2020-21 386
- 2021-22 1012
- 2022-23 1214
- 2023-24 1962
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Circle of Giving -Ffe Alumni Contributing Back (Inr)
Program Name
FFE's Circle of Giving- Alumni Contributions
Year-wise Metrics- 2019-20 10320428
- 2020-21 11599593
- 2021-22 15336723
- 2022-23 20363636
- 2023-24 27736359
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Number of Scholars Under the Skills Training Program
Program Name
FFE's Skilling Program
Year-wise Metrics- 2019-20 2145
- 2020-21 2711
- 2021-22 2935
- 2022-23 3566
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Number of Scholars Mentored
Program Name
Mentoring Program
Year-wise Metrics- 2019-20 187
- 2020-21 386
- 2021-22 1012
- 2022-23 1214
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Number of Corporates Who Enrolled as Mentors
Program Name
FFE's Mentoring Program
Year-wise Metrics- 2019-20 8
- 2020-21 12
- 2021-22 20
- 2022-23 34
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Number of Scholars Who Completed the Skills Training Program
Program Name
Skills Training Program
Year-wise Metrics- 2019-20 1023
- 2020-21 889
- 2021-22 1256
- 2022-23 1455
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Number of Scholars Who Completed the Skills Training Program
Program Name
Skilling Program
Year-wise Metrics- 2019-20 1023
- 2020-21 889
- 2021-22 1256
- 2022-23 1455
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Average Ctc of the Placed Cohort
Program Name
FFE's Scholarship Program
Year-wise Metrics- 2019-20 750000
- 2020-21 850000
- 2021-22 995000
- 2022-23 1188000
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Percentage of Scholars Placed Who Were Mentored
Program Name
Mentoring Program
Year-wise Metrics- 2019-20 97
- 2020-21 95
- 2021-22 72
Theory of Change
Transforming lives of academically brilliant and economically underprivileged students in India by enabling them to complete their higher education through Scholarships, Skilling and Mentoring Support.
The FFE Scholarship Program ensures that a brilliant scholar from an economically constrained background can focus on his/her college degree, graduate successfully and gain employment as a Professional. Economic empowerment of individuals and their families in a single generation is the lasting impact of this program.
The program empowers the academically brilliant students from underprivileged backgrounds and brings a transformation in their lives and of their families in a single generation through financial scholarship awards.
Milestones & Track Record
Since its inception in 1994, FFE has helped over 28,000 scholars in India who are today very successfully part of India’s human resource legion. More than 81,000 scholarships have been awarded since FFE’s inception, to students in 27 states, amounting to approximately INR 274 Crores.
In FY 2021-22 alone, 10,227 students were awarded scholarships totaling INR 46.04 Crores to students attending 306 Engineering colleges, 237 Medical Colleges, 42 BPharm colleges and 35 Law Institutes.
FFE’s alumni have contributed financially (Rs. 1.54 Crores in FY 2021-22 alone), connected FFE to the CSR of the corporates that employ them, who in turn have sponsored several scholars (amounting to Rs. 2.65 Crores), mentor FFE scholars and volunteer their time for FFE.
Donor Testimonial
1."Axtria's association with FFE is a deep rooted connection with its values and core foundation. With immense sense of satisfaction of our humble contributions to the lives of FFE scholars, we feel strengthened and charged to do much more in the coming years. Our most proud contribution has been when we hired one of the mentees last year (2019) and could provide internships to 4 mentees this year (2020)."
Manish Mittal
Country Head, Axtria Pvt. Ltd.
2."The Foundation (AWOO - a World of Opportunity Foundation) was registered as a charitable trust in 2011, and since then we have been able to transform the lives of 1,175 students. We now have a 300+ strong AWOO alumni base working in organizations like Citibank, Capgemini, Ford, Schneider Electric, Mahindra, Godrej etc. which in itself is a testimony to the kind of impact it has made over the years. Foundation For Excellence (FFE) has been our trusted partner since long, and it has always delivered way above the commitments made, each time we have partnered with FFE. An unflinching passion for transparency and earnestness in action has been the bulwark of it’s strengths in the field of enabling education through scholarships. We look forward to a long and fruitful association with FFE."
Rajiv Gupta
Secretary, AWOO Foundation
Leadership Team
Demographics & Structure
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No. of Employees
21-50
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Strength of Governing Body
5
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Diversity Metrics
89% women
M&E
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Internal, External Assessors
Yes
Policies
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Ethics and Transparency Policies
Yes
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Formal CEO Oversight & Compensation Policy
Yes
Political & Religious Declarations
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On Affiliation if any
No
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On Deployment Bias if any
No
Organisation Structure
Yes
Awards & Recognitions
1,"FFE was felicitated with the ‘Best Employee
Engagement Partner’ award by Capgemini
for the FY 2021-22."
2.GuideStar India Gold Award
3.Credibility Alliance Certification
4.Sammaan
5."Cognizant Foundation
Appreciation Award"
Registration Details
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PAN Card
AAATF0985D
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Registration ID
BNG(U)JNR 160/2003-2004
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VO ID / Darpan ID
KA/2017/0167716
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12A
AAATF0985DE20214
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80G
AAATF0985DF20214
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FCRA
094421348
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CSR Registration Number
CSR00002053
Location
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Headquarters
No. 840, 5th Main, Indiranagar 1st Stage, Bengaluru, Karnataka, India, Bangalore, 560038
Directions
Other Details
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Parent Organisation
NA
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Sister Organisation
NA
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Type & Sub Type
Non-profit
Trust
Website
Financial Details
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2019-20
IncomeRs.349,916,259ExpensesRs.331,895,831Admin ExpensesRs.22,280,907Program ExpensesRs.309,614,924Tip: Click on any value above to exclude it. -
2020-21
IncomeRs.388,531,291ExpensesRs.393,120,593Admin ExpensesRs.24,364,341Program ExpensesRs.368,756,252Tip: Click on any value above to exclude it. -
2021-22
IncomeRs.522,452,928ExpensesRs.552,269,944Admin ExpensesRs.26,148,300Program ExpensesRs.526,121,644Tip: Click on any value above to exclude it. -
2022-23
IncomeRs.656,369,527ExpensesRs.695,289,809Admin ExpensesRs.34,550,894Program ExpensesRs.660,738,915Tip: Click on any value above to exclude it.