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Samaj Pragati Sahayog

About SPS

Summary of SPS Audited Accounts 1999-2008

Sources of funds
Ford Foundation 17%
Sir Dorabji Tata Trust 17%
Own Sources (Interest on corpus, training fees etc) 15%
Indians for Collective Action 10%
Central and State Governments 9%
Arghyam Trust 8%
Mumbai Group of Friends 5%
American India Foundation 4%
Paul Hamlyn Foundation 3%
Others 12%
Total 100%
Pattern of Expenditure
Watershed Development 32%
Training and Support 27%
Sustainable Livelihoods 10%
SHG-Bank Linkage 5%
Other Programmes 10%
Administration 15%
Total 100%

"No respect, no money" is our firm policy on funding. We view donors as partners and like to work with those who both value our work and feel part of it. The SPS annual budget is Rs. 50 million. Our goal is to increasingly rely on our own sources of income. We have reached a figure of Rs. 80 million for our Corpus Fund. We are not happy with the 15% figure on administration over the last decade. This reflects the high initial establishment costs of being headquartered in a remote part of rural India, where everything from telephone and electricity connections, roads and water supply as also the training centre itself had to be set up from scratch. However, the good news is that this percentage has been rapidly coming down in recent years, reaching 7% in 2007-08.