Mangalaru: Educare disburses nearly Rs 5 crore to deserving students

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Mangaluru, Nov 5: Educare Trust, founded by a Mangalorean NRI based in Dubai, has accomplished a commendable feat by disbursing educational funds to the tune of nearly Rs 5 crore to deserving students in 2013 and 2014.

In 2013, Rs 1,78,20,000 was disbursed to 543 students, and in 2014, Rs 3,20,10,300 was given to 858 students, out of which 518 were fresh applicants and the rest renewers. In all, 1,401 students received a total of Rs 4,98,30,300 during 2013 and 2014. The funds were disbursed to both male and female students pursuing different streams including professional courses.

Educare Trust was inaugurated at CODP in 2013 by Bishop Aloysius Paul D’Souza. During the inaugural ceremony, the bishop had said, “It (Educare) is God given opportunity for poor Catholic students of Mangalore and Udupi dioceses to pursue their dreams.” He appreciated the generous donor of Educare for his philanthropic initiative.

Fr Oswald Monteiro, the secretary of CODP is full of praise for Educare trustee, whom he considers a true follower of Christ. “When we see other donors crave for publicity and honor, here is a donor, he says who wants to be hidden and nontrumpeting. This is best example of how true Christian charity should be.”

About the donor

The managing trustee of Educare trust is a successful Mangalorean Catholic NRI businessman based in Dubai. He has opted to be anonymous following Christian spirit – ‘what your right hand does should not be known by left hand’.

The main intention of the donor is to reach out to the poor and needy students. Education is the foundation of development. Education brings about all round development of a person. However, he is not content with mediocrity from students but expects hard work and excellency.

Educare trust has agreed to make available a sum of Rs 25 crore as a revolving fund. This is a refundable interest-free loan which is to be repaid within 18 to 24 months after completion of studies.

For application criteria / selection / disbursement / motivation programme / repayment,
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Role of CODP

CODP (Canara Organization for Development and Peace) is the diocesan development center which has experience of more than 40 years in development and education. CODP has a separate managing committee for Educare, with the secretary of CODP as its convener and head. Fr Oswald Monteiro is the present secretary and Reena D’Costa is the office secretary for Educare.

The donors of Educare Trust have expressed their gratitude for all the guidance, support and
co-operation rendered by Dr Aloysius Paul D’Souza, bishop of Mangalore, Dr Gerald Isaac Lobo Bishop of Udupi, director of CODP Fr Oswald Monteiro, all the priests of Mangalore of Udupi diocese and the team of advisors of Educare Trust in guiding and supporting to implement this noble scheme.

Director CCC Admin
Director CCC Admin

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