Dr. M. D. SACHIDANANDA MURTHY MEMORIAL EDUCATIONAL TRUST

“A life of joy and happiness is possible only on the basis of knowledge and science.”
– Dr. Sarvepalli Radhakrishnan.

Dr. M. D. Sachidananda Murthy Memorial Educational Trust was established in March, 2013, with Dr. Arjun Sachidanand as Chairman and Mr. Diwakar M. N. as Treasurer of the Trust. What found its roots in the Education Industry soon branched out into Health Care as well shortly after. Now, Dr. M. D. Sachidananda Murthy Memorial Educational Trust operates one Pre School and provides medical support to the poor and underprivileged population through five healthcare centers situated in Mysore, Chamarajanagar, Kushalanagar, Nanjangud and Bettadapura.

With years of successful charitable social events to help benefit the needy and underprivileged, Dr. M. D. Sachidananda Murthy Memorial Trust is now very keen about beginning this project i.e. Sudhanand Arogya Vahini, to help combat this recent Covid-19 pandemic especially in the rural regions of our country, and also to gather essential data that may help us understand this virus more.

In 2018, the Trust went on to acquire Section 12A and Section 80G certifications under the Income Tax Act, 1962.

Section 12A: It is a registration done by an NGO/Not-for-Profit Organization to get its income exempted from Tax. All income shall not be taxable after Section 12A registration. If an organization does not get 12A Registration, income tax is payable on surplus during the year.

Section 80G: 80G Registration under Section 80G of Income Tax Act provides benefits to the donor of an NGO. The donor gets financial benefits in his taxable amount of their income.

This means that a charitable organization or trust registered under Section 12A such as Dr. M. D. Sachidananda Murthy Memorial Educational Trust, allows you to avail tax exemption on any donations made to the Trust as per Section 80G of the Income Tax Act, 1962.

Activities by the Trust

  • 30th June, 2017 – Donation of Prosthetic Leg to Mr. Shankar, a poor resident of Hannur who had lost his leg to an accident. The venue of the donation program was at the Ambedkar Bhavan, Hannur.
  • Financial aid over the years for many patients who required surgeries and other medical procedures but were unable to afford the same. A total of Rs. 1,08,000 in financial aid was dispensed for 22 patients in the last financial year 2019-2020.
  • May, 2018 – Establishment of Bright Champs, a Pre-School catering to Pre KG, Day Care and LKG with a focus on Quality Foundational Education. A total of 17 children were admitted to the school during its first year, out of which 4 received free education. In the 2nd year, a total of 28 children were admitted, out of which 6 received free educations. Commencement of the 3rd year has been presently postponed due to the Covid-19 pandemic
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Donation of Artificial Limb to Mr. Shankar by Mr. Vinayaka Mahey (Former CEO of SAS)

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Dr. Sini Arjun at different Health Camps organized by Dr. M. D. Sachidananda Murthy Memorial Trust

The following free Health Checks and Medical Camps have been conducted by the Dr. M. D. Sachidananda Murthy Memorial Educational Trust – 

  • 31st July, 2015 – At the Government Primary School in Hunusanahalli, Sagar Taluku, where a suspected outbreak of Chikungunya was reported, and about 250 people walked-in and availed necessary investigations and Rs. 15,000 worth of medicines was donated.
  • 1st October, 2015 – At Taj Convention Hall, Bannimantap, Mysore, where 185 people availed the facilities of the camp and medicines worth Rs. 25,000 were donated free of cost.
  • 10th April, 2016 – At the Kadamba Head Office and Kadamba Branch Office, Dandeli Taluk, for the members of the Kadamba Charitable Organization, where about 200 people availed the services of the camp and medicine worth Rs. 15,000 was also donated.
  • 20th November, 2016 – At Government Primary School, Haveri, for the local community, and for the underserved members of their community, where around 220 people were in attendance and medicine worth Rs. 20,000 was dispensed to them.
  • 1st January, 2017 – At IB Convention Hall, NR Mohalla, Mysore, for the members of Grameen Koota Microfinance where about 180 people availed the services provided and medicine worth Rs. 30,000 was dispensed.
  • 24th July, 2017 – At the Government Hospital Compound, Hunsur, to benefit the local community.

https://www.ebizfiling.com/blog/changes-in-section-12a-and-section-80g/

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