Bengaluru :

Infosys co-founder and former Aadhaar chairman Nandan Nilekani donated Rs 50 lakh to the alumni association of Bishop Cotton Boys’ School in the city. The funds donated by Nandan, an Old Cottonian, will go to the school’s Benevolent Fund, created for retired teachers, administrative staff and sub-staff.

The fund goes to the General KS Thimayya Memorial Trust, an Old-Boys-of-Cottons endeavour established to commemorate General Kodandera Subayya Thimayya, also an Old Cottonian, who was in school from 1918 to 1922.

CN Kumar, senior trustee, General KS Thimayya Trust, confirmed Nilekani’s contribution. “The Trust is grateful to Nandan Nilekani, Old Cottonian, for becoming the anchor donor to the Fund. Nilekani has made a generous contribution of Rs 50 lakh. We are confident that other Old Cottonians will also contribute to the corpus,” said Kumar.

He also said this is perhaps the only such fund established by old students of a school.

The official communication sent to Nilekani read: “Thanks to OC Nandan Nilekani, from whom we have received a donation of Rs 50 lakh for an endowment to be used exclusively for the said purposes. Our first set of beneficiaries have been honoured on the occasion of Teachers’ Day. Thank you, Nandan, for this very generous gesture.”

The Benevolent Fund was established under the umbrella of the Trust to show our gratitude and appreciation to the teachers, administrative staff and subordinate staff whose contribution in our personal growth in the formative years is immeasurable.

The Trust will use the proceeds generated by investing the corpus to recognize and provide support to past teachers, administrative staff and subordinates every year.

source: http://www.timesofindia.indiatimes.com / The Times of India / News Home> City> Bengaluru / by Sunitha Rao, R – TNN / September 06th, 2015