Rishi Valley Alumni Initiative
A group of Rishi Valley Alumni from the batch of 1972 while visiting the valley in 1999, mooted the idea of forming a Trust to cater to the financial needs of higher education for Staff children and in consultation with other batches the Rishi Valley Alumni Initiative was registered as a trust on January 28, 2000
FCRA:
The trust has registration under the Foreign Contribution Regulation Act and is therefore eligible to receive donations from NRI Alumni and other donors.
Scholarships
Over the past two decades, 40 scholarships have been given to children of both non-teaching and Teaching staff.
CORPUS FUND:
RVAI currently has a corpus of ₹ 55,00,000/- invested in Income Tax approved Deposits. The interest from the deposits is given as scholarships.
objectives:
1.
To
provide for educational scholarships to children of teaching and non-teaching
staff working in Rishi Valley School and other such quality educational
institutions established in rural areas with a view to ensuring that teaching
and non-teaching faculty of the highest standards, dedication and commitment
are attracted to serve in such schools and continue the unique style and system
of education.
2.
To
improve educational standards in non-urban based Schools by coming forward with
welfare schemes to attract the best of talent to teach and administer such
schools.
3.
To
promote interactions between schools using innovative teaching methods and
schools catering to rural poor
4.
To
bring out publications/newsletters and maintain websites in furtherance of the
above objects.