The Chitrapur Saraswat Education & Relief Society (Regd.)

Welcome to CSERS


The Chitrapur Saraswat Education and Relief Socitey - (CSERS) started in the year 1946 with the below given Aims & Objectives has a total of 2,721 members and total corpus of more than 2.88 crores as on 19th November 2017.

Aims and Objectives of the Institution

  1. To promote education in the Chitrapur Saraswat community by giving aid to needy and deserving students attending school, college or any institution for their studies in any branch.

  2. To conduct and manage any educational undertaking such as schools, libraries, reading rooms, hostels and other connected activities or to help existing institutions of the Chitrapur Saraswat community.

  3. To obtain or collect information about educational matters in India or abroad and supply the same when necessary.

  4. To give aid to the aged, invalid, infirm, uncared for and such other needy members of Chitrapur Saraswat community.

  5. To give aid to sick and ailing members of the Chitrapur Saraswat community obtaining medical treatment for their ailment.

Membership Of Institution and Donations

The Society shall be open to members of the Chitrapur Saraswat community only. Donations are welcome from any "well-wishers" of CSERS.

Classification Of Members

Membership TypeMembership Fee
Founders Rs. 1000
PatronsRs. 750
BenefactorsRs. 500
Life MembersRs. 250
Though as per CSERS Bye-Laws we have above mentioned categories of "Membership Types", our Institution encourages new members to join as Founders and request other existing members to upgrade themselves as "Founder Members".

General Pattern of Investment

CSERS tries to invest its funds as prudently as possible and also within the framework of Bombay Public Trusts Act Guidelines. At the same time it invests its funds in high yield Government Securities and Fixed Deposits of Scheduled Banks.

Financial Statements

Based on the Annual Report for the financial year ending on 31st March 2017, following documents can be sent to any person on request:
  • The Schedule of Investment (Schedule A and Schedule B)
  • The Balance Sheet.
  • Income and Expenditure Account
  • Honorary Auditor's Report.

Sources for Additional Investments : Donations and Membership:

CSERS depends on various Donations / Endowments received from members of Chitrapur Saraswat Community from all across the Globe and also the fresh membership of the Institution under various categories mentioned earlier, which helps in building the corpus. This helps CSERS in generating additional interest income, in order to reach more and more needy persons.

Whereas CSERS Committee Members make every effort to approach various members of out community personally in most of cases and also by word of mouth on a number of occasions, there is need to step up these efforts in many other ways. It is the earnest request from CSERS to members of our community in general and especially to those who have availed of the benefit of aid in the past from CSERS and are settled down in their career, to come forward on their own and give donations and become members of the Institution.

Expectations of CSERS from beneficiaries

CSERS has been helping needy students for the past seventy years and many of them have taken positions of responsibility in their career and have been very successful either in India or even abroad.

A few such recipients of educational aid have come forward and given substantial donation to CSERS and also have become members of this Institution.
CSERS is not at all considering that it is obligatory on the part of these recipients to come forward and make donations or become members. However, at the same time the Institution feels, that as a gesture of goodwill, these recipients should come forward and primarily make a substantial donation on their own and also become members of the Institution. This will help other deserving and needy students to reap the benefit in these days of high inflation in India.

News & Announcements

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The 71st AGM was held at Shrimat Anandashram Hall, Santacruz (W), on 20th August 2017 at 10:00 am.
Click here to view the Notice of 71st AGM.

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You can now sponsor a page in the Annual Report for just Rs. 500/= - contact Hon. Sectretary on 98 33 99 76 46.

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Annual reports for the years 2014-15 to 2016-17 are available on CSERS website.

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CSERS website link is now available on KSA website.

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Foreign Contributions received during F.Y. 2017 - 18.

Donor: Konkani Charitable Fund, USA
Amount: Rs. 1,28,880/-
Date: 18th April 2017

Donor: Saraswat Foundation, USA
Amount: Rs. 3,22,400/-
Date: 19th April 2017

Donor: Shri Bailur Gurudas L.
Amount: Rs. 1,00,000/-
Date: 4th May 2017

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