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Press Release

Annual Reports of Childline India Foundation, Udayan Care, Ashadeep bag top honours

Section :Other Briefs, Category : Corporate

Company Brief
New Delhi, March 09, 2010

The CSO Partners Outstanding Annual Report Awards saluted nine of the best Annual Reports of the Voluntary Sector organizations for the year at a glittering Awards Ceremony in New Delhi on Saturday. First Prize, LARGE NGO: Childline India Foundation, First Prize MEDIUM NGO: Udayan Care and First Prize SMALL NGO Ashadeep took the honors across the three categories. ICAI President Amarjit Chopra gave away the awards to the winners.

The other 6 winners were as follows:
1.Runner up 1 Large NGO: Swami Vivekanand Youth Movement,
2.Runner up 2 Large NGO: The Akshaya Patra Foundation
3.Runner 1 Medium NGO: Dream A Dream
4.Runner up 2 Medium NGO: . Muskaan
5.Runner 1 Small NGO Diya Foundation,
6.Runner up 2 Small NGO: Foundation for Initiatives in Development and Education for All (IDEA)

The winning Reports were selected from 240+ plus applicant Annual Reports, which is a strong indicator of the growing transparency standards across the Voluntary Sector.
This awards platform was instituted a year ago, and carry a citation and cash prize of Rs 3 lacs for the winners and Rs 1 lac each for the two runners-up in each category

Professionals from the Finance sector, Sanjay Patra (Exec Dir, Financial Management Services Foundation), Transparency and Good Governance, Kanchan Tuli (Exec Dir.,Credibility Alliance), experts in Communication, Meenakshi Bhalla (CEO, Spatial Access Advertising Consultancy) together evaluated the reports submitted based on a set of assessment indicators, post which an eminent jury comprising of Mr. B.R.Sharan and Mr. Manoj Fogla revalidated the ratings and adjudged the winners.

Soumitra Ghosh, Founder-CEO, CSO Partners, said, "I congratulate not just the nine winners but all 240-plus organizations that entered their annual reports because of the high standards of transparency, financial reporting and excellent communication exhibited through their Annual Reports. These organizations and their Annual Reports will go a long way in giving the Voluntary Sector the greater visibility, preference and confidence amongst their diverse stakeholders ushering in transformation in society."

Meenakshi Bhalla (CEO, Spatial Access Advertising Consultancy-SAAC) who evaluated the communication standards of the reports, observed "An outstanding annual report as the winners work demonstrates, are comprehensive yet beautifully planned and easy to work through. They were well designed and photographed, with the "managing our information assets" interestingly presented. It was a delight to be associated with a vision of an energetic developed society we all are, and will continue to partake in the future"

Manoj Fogla, (FCA Development Consultant) who judged the reports on Financial Credibility, said, "It is a great initiative to encourage accountability and transparency in the voluntary sector, in fact the quality of reporting and transparency reflected in some annual reports is of very high standard and hopefully it will get replicated in years to come"

Some of the NGO winners had the following to say:
Anil C, Project Officer: Swami Vivekanada Youth Movement "This is a great recognition of the work we do at a national level. Our good documentation practices has brought us this appreciation, we are thrilled."

Mukul Chandra Goswami, Secretary, Ashadeep said, "It's a team effort that gets us this recognition and we are proud that for the first time a North-East NGO has won this award"

Dr Usha Pillai, Chairperson and Hon. Dir, Foundation for Intiative in Development and Education for All (IDEA) said, "It's a very prestigious award and we feel honored to receive this today. The Voluntary Sector is a critical need of India, and this recognition will motivate our staff and us in carrying on the good work in the right direction"

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