Role of the Utkhede Foundation in the Funding Ecosystem
The Utkhede Foundation is a private charitable foundation dedicated to supporting educational access for students from economically disadvantaged backgrounds. Founded in 2005 with an initial endowment of $100,000, the foundation operates a perpetual trust fund that generates annual interest to fund scholarships.
Scholarship Programs Offered
The foundation administers multiple scholarship programs targeting different education levels:
- Higher Education Scholarships (Grades 8-10): Awards ranging from Rs. 8,000 to Rs. 10,000 for top students in municipal schools in Maharashtra, India
- Advanced Education Scholarships (Grade 11-12): Awards from Rs. 9,000 to Rs. 12,000 for Science, Commerce, and Arts streams
- University Entrance Scholarships: $1,000 CAD for students at Penticton Secondary School, British Columbia, Canada
- Research Scholarships: $1,000 CAD for biological pest management research at Simon Fraser University
Geographic Scope
The foundation operates in two countries: India (Maharashtra state, primarily Kalmeshwar and Narkhed regions) and Canada (British Columbia).