SBNEC Trust was formed in 1998 by Shri Balwant Singh Rawat to fullfill a promise he made to Shri Bhairavnathji when he faced serious health issues during his service tenure in ONGC, in Sibsagar Assam in late 60s.The trust became operational in 1999 and has so far distributed over Rs 3.7 lakhs as one time merit scholarship to more than 860 students of government schools of Matilyali, Kirtikhal and Kanva Ghaati ( Bhaber) in Pauri Garhwal. Merit certificates and books on Swami Vivekananda and similar also distrubuted to the children.
Donations so far have been taken only from family, relatives and few friends. Toatal Rs 4.5 Lakhs were collected from these 15 persons with major contribution coming from Balwant Singh Rawat. The net assetscof TRUST today are Rs 8.5 lakhs by putting funds in UTI Schemes/ Bank FDs and divided has been used for giving scholarships.
From the modest and humble beginnings, the Trust now feels an urgent need to get active into its other main objective i.e. helping the needy , poor, destitute students/people
In a world where wealth is growing ith increasing disparity, an appeal is now made to people donate generously for the noble cause. The donations are exempted from Income-Tax under 80G.