Velosyti

Software for scholarship and sponsorship trusts

A spreadsheet works for twenty students. At two hundred, a trust needs to know it can answer any donor's question in a minute.

· 2 min read · For trusts and NGOs running scholarship or sponsorship programmes

A trust sponsoring a student's education is really running three things at once: a list of students and their progress, a set of donors and what they gave, and the accounts that connect the two honestly. Most trusts start this in a spreadsheet, and it works fine until the number of students grows past what one person can hold in their head.

Signs you need this

  • A donor asks how their specific contribution was used, and the answer takes a day to put together.
  • Student progress updates live in someone's phone photos and WhatsApp chats, not a shared record.
  • Renewal decisions each year depend on one person's memory of who is doing well.
  • Annual reports to donors or for tax filing take weeks of manually pulling numbers together.

What a good one does

It should tie every rupee received to a donor and every rupee spent to a student, so a report for either side is a query, not a project. It should hold each student's basic progress — marks, attendance, a note each term — in one place the whole team can see, not scattered across phones. For a registered trust, it should produce the numbers your annual filing and donor tax receipts need, in the format they need, without manual re-entry.

What it costs you

The work is mostly at the start — moving your existing spreadsheet history in cleanly, and agreeing who enters what and when. After that, the ongoing cost is small: someone updates a student's record each term, and the reports build themselves from data already entered once. This is not accounting software bought off the shelf and bent to fit; it should be built around how your trust actually tracks students and donors. Plan for one full term where old and new records run side by side, so nobody loses a student's history in the move.

Questions to ask any vendor

  • Can you trace a specific donation to what it funded, in a few clicks?
  • Does it keep proper double-entry accounts, so figures match what you file?
  • Can your team update student progress without technical help?

How we can help

Kanakku keeps a proper double-entry ledger behind the numbers, and we build the student and donor tracking around it to match how your trust actually works. See Kanakku at /products/kanakku, and tell us about your trust at talk to us.

References

  1. Income Tax Department e-filing portal
  2. NGO Darpan — NITI Aayog
  3. Scholarship — Wikipedia