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ANNUAL REPORT 2010

Message from the President

Mr. Raj Shah: President 2010
Dear friends:
It has been a wonderful year for our growing organization.
Many developments have swiftly taken place in 2010, both
at our Washington D.C. headquarters and at our
groundbreaking initiative in Orissa, India, the construction
of a world-class university. It is with pleasure that I have
handed my role as president to Vinesh, and I look forward
to another excitement-filled year. Thank you for your
continued support.

Mr. Vinesh R. Virani, current President
As AOLHET’s new President, I am eager to
present this report on the developments of 2010.
We established a presence and full-time staff
support in Washington, DC, and started to build
a base of volunteers throughout the U.S.
Academic planning, leveling and construction are
taking place at Sri Sri University in Orissa, India,
with social outreach programs spreading across
the region. We are excited to begin this first
phase of our project, and best wishes to our
friends and supporters for the year ahead.

Table of contents
AOLHET in 2010 ………………………………………….……………..

p.3

Development of Sri Sri University in 2010 …………………………….….

p. 4

Wall of Gratitude ………………………………………………………....

p. 9

Giving Levels and Donations ………………………………………….…

p. 7

Financial Statement …………………………………………………….....

p. 10

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The Art of Living Health and Education Trust in 2010

Who we are
AOLHET is a 501(c)(3) nonprofit public charity dedicated to improving the quality and accessibility of
healthcare and education. We began our flagship program at Sri Sri University in 2010 and are poised to
launch other innovative projects that reduce disparities in access to healthcare and values-based education in
the U.S. and worldwide.

Our Mission
The Art of Living Health and Education Trust (AOLHET) envisions a world where everyone has access to
quality healthcare and values-based education. Our mission is to foster, promote and support improved
education and healthcare in the United States and throughout the world, and to encourage increased public
awareness and understanding of the needs of the poor for better education and healthcare.
Sri Sri University (SSU)
In 2010 we launched our flagship program, a capital campaign to build Sri Sri University (SSU) in Orissa,
India. The campus is spread over 185 acres on the banks of the Kathjodi River, 24 kilometers from the
capital city of Bhubaneswar. In keeping with our organizational mission, the University will provide a source
of sustainable education and healthcare in the surrounding region.

Efforts in 2010
In 2010, AOLHET set up a broad base to further our organizational mission. We established an office for
the first time in Washington, DC, headed by Development Officer Adria Estribou, and set up the structure
and procedures necessary to become an efficient nonprofit. We also undertook our first awareness-raising
activities in order to garner recognition and support for the organization. Our outreach efforts included a
presentation on the importance of value-based education made to the over 2,000 attendees of a North
American based Art of Living Conference in July 2010.

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Sri Sri University Developments in 2010
o
Academics


As a strategic decision, the opening of the University was postponed from 2011 to 2012.
Dr. K. C. Mishra - Director of Lal Bhadur Shastri Institute of Management, Delhi has
been appointed as the Dean of Sri Sri University - Institute of Management Studies. His
appointment begins in March 2011.
In 2012, the University will commence with the following academic programs:
o MBA, MBA Agri Business
o MBA Entrepreneurship
o BBA
o B. Tech (Computer Science, Electronics & Communications, Environmental &
Energy Engineering, and Town Urban Planning Engineering)
o MA, Osteopathic Medicine

Architectural planning

In 2010 SSU’s team worked closely with several architects to perfect the plans of the university and
maintain their focus on environmental responsibility and cost efficiency. The campus design takes
advantage of the existing contours of the land as a natural foundation. Water is an integral part of
the design, harmonizing with the Kathjodi River that runs along one side of the campus.
The campus will feature green buildings, solar panels and sustainable landscaping.

Sustainable Design

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Infrastructure



The Government of Orissa allocated approximately 185 acres to the University.
SSU staff furnished a 3000 Sq. ft corporate office in Bhubaneswar that has been operational from
December 2010.
Begun in 2010: Site preparation work including leveling and road rerouting, development of a
master plan, statutory compliance and plan approvals.
Total construction will span a 7-year period, to occur in multiple phases.

Ground Preparation
Road Construction

Sri Sri University Office
in Bhubaneshwar
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Launch of Sri Sri University
Sri Sri University held its first ever press conference in Bhubaneswar on August 15, 2010, announcing that
the university will begin operations in the next academic year. The Faculty of Management Studies will offer
MBA and BBA programs, while the Institute of Liberal Arts & Sciences will offer a Master’s program in
Social Work. Vocational training centers will also begin their work.

Social Outreach
Center for Excellence in Vocational Training, Sri Sri University
Enhancing the skills of unemployed and poor youth in villages surrounding the University
In a pilot program called Project Vidya, forty-one rural youth underwent three months of training in
masonry and metalworking. In 2010, SSU signed a formal memo of understanding with L&T Public
Charitable Trust and L&T Construction & Skills Training Institute to set up a training center in Orissa
under the banner of Sri Sri University. This joint venture provides free services that include construction
skills training, boarding and lodging, and also
imparts Art of Living techniques that encourage
sound physical & mental well-being.
In addition, a three-month course in cell phone
repair took place on the SSU campus during
September 2010 under the Department of Social
Outreach. Twenty-five youth enrolled in the
program. The course is offered in collaboration
with BOSE (Bhubanananda Orissa School of
Engineering), GoO, Department of Industries,
under the Community Development Programme
of GoI.

Training in Masonry
Health Camps in Sandhapur and Bidhyadharpur
In these health camps, graduates of the Youth
Leadership Training Program (YLTP) of the Art of
Living Foundation, Art of Living teachers and
volunteers provided free health and medical services
in two villages located near the Sri Sri University
campus.
Homes for the Underprivileged
More than ten houses have been constructed in
Bidhyadharpur and other surrounding villages that
will serve the underprivileged.

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We need your help!
Please help us to foster health and education throughout the world through:






Monthly or Annual Giving
Gift Catalog Giving
Individual Donations with Corporate Matching (ask your company to incorporate us into their
matching gift program!)
Bequest
Gifts in Kind
Foundation and Corporate Giving
Volunteering

Send a check payable to “AOLHET” or
donate safely online at: http://www.aolhet.org/donate
You can be confident that your contribution will be used diligently to provide opportunities for
students to learn, lead and serve.

“You create your own world around you.
You create your own environment. Each of us
in our own way must acknowledge our
responsibility to society”.

Sri Sri Ravi Shankar

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Wall of Gratitude
We would like to express our appreciation for your support.
Through your dedication and service,
we can continue in our mission to learn, lead and serve.
We offer particular gratitude towards our largest donors from 2010:
Mr. Mandar Apte, Mr. Raghu Daripalli, Mr. Shalin Desai,
Mr. and Mrs. Anurag and Gunjan Jain, Mr. and Mrs. Nilendu Srivastava,
Mr. Jayesh T Patel, Mr. Parag Patel, Mr. Raman Poola, Prolient Group Corp.,
Mr. Phanilatha Vishnubhotla, Mr. Manoj Kumar Warrier.

“Information alone is not education; it is the
cultivation of our behavior and attitude. It is
our ability to perceive things better. Perception,
Observation and Expression, these are three
aspects of education that need to be
improved”.

Sri Sri Ravi Shankar

Thank you!

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Financial Statement
Jan - Dec 10
Ordinary Income/Expense
Income
Direct Public Support
· Donations Unrestricted Indiv.
· Donations Restricted SSU Indiv.
· Donations Restricted Local Edu
· Paypal Fees
· Direct Public Support - Other

1,054.72
263,696.15
20.00
-321.18
74,347.13

Total · Direct Public Support
Other Types of Income
· Fundraising Items

338,796.82

· Miscellaneous Revenue

0.16

Other Types of Income
Total Income
Cost of Goods Sold
Cost of Sales - Inventory Sales
Total COGS
Gross Profit
Expense
· Awards and Grants
· Business Expenses
· Business Registration Fees
· State Charity Registrations
· Bank Fees
· Merchant Services Fees
Total Business Expenses
· Contract Services
· Facilities and Equipment
· Depr and Amort - Allowable
· Equip Rental and Maintenance
· Rent, Parking, Utilities
Total Facilities and Equipment
Operations
· Postage, Mailing Service
· Printing and Copying
· Supplies
· Telephone, Telecommunications
· Web Site
· Internet Services
· Software
· Email Publications
Total Operations

818.25
818.41
339,615.23
2,475.00
2,475.00
337,140.23
250,000.00
38.50
1,883.30
242.91
1,633.57
3,798.28
700.00
1,193.00
190.37
5,500.00
6,883.37
359.28
2,914.11
4,323.00
1,137.61
850.00
60.00
45.00
282.00
9,971.00
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Other Types of Expenses
· Advertising Expenses
· Membership Dues
· Other Costs
· Insurance - Health

25.00
99.00
100.13
1,752.00

Total Other Types of Expenses
Payroll Expenses
· Salaries
· Payroll Taxes

1,976.13
15,506.81
1,447.27

· Payroll Expenses - Other

0.00

Total Payroll Expenses
Special Event Expenses
Travel and Meetings
· Conference, Convention, Meeting
· Travel

16,954.08
235.10

· Travel and Meetings - Other

2,242.49

Total Travel and Meetings
Total Expense
Net Ordinary Income
Net Income

151.29
20.00
2,413.78
292,931.74
44,208.49
44,208.49

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Balance Sheet
Dec 31, 10

Dec 31,
09

$ Change

ASSETS
Current Assets
Checking/Savings
Total Checking/Savings

124,999.70

80,328.05

44,671.65

124,999.70

80,328.05

44,671.65

61.25

0.00

61.25

61.25

0.00

61.25

125,060.95

80,328.05

44,732.90

Other Current Assets
Overpaid Federal Unempl. Taxes
Total Other Current Assets
Total Current Assets
Fixed Assets
Furniture and Equipment
Original Costs

1,435.76

0.00

1,435.76

Accumulated Depreciation

-264.00

0.00

-264.00

Total Furniture and Equipment

1,171.76

0.00

1,171.76

1,171.76

0.00

1,171.76

2,136.00

2,136.00

0.00

-1,780.00

-1,068.00

-712.00

356.00

1,068.00

-712.00

3,250.00

3,250.00

0.00

-462.00

-245.00

-217.00

2,788.00

3,005.00

-217.00

3,144.00

4,073.00

-929.00

129,376.71

84,401.05

44,975.66

767.17

0.00

767.17

767.17

0.00

767.17

767.17

0.00

767.17

767.17

0.00

767.17

Opening Balance Equity

84,401.05

84,401.05

0.00

Net Income

44,208.49

0.00

44,208.49

128,609.54

84,401.05

44,208.49

129,376.71

84,401.05

44,975.66

Total Fixed Assets
Other Assets
Website
Original costs
Accumulated Amortization
Total Website
Organization Costs
Original Costs
Accumulated Amortization
Total Organization Costs
Total Other Assets
TOTAL ASSETS
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
Payroll Liabilities
Total Other Current Liabilities
Total Current Liabilities
Total Liabilities
Equity

Total Equity
TOTAL LIABILITIES & EQUITY

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The Art of Living Health & Education Trust
2401 15th Street, NW
Washington, DC 20009
Phone: (202) 370-6985 - Email: info@aolhet.org
www.aolhet.org

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