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      <PersonNm>Venkatraman Kalyanasundaram</PersonNm>
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      <SignatureDt>2025-05-12</SignatureDt>
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      <PrincipalOfficerNm>Aruna Narayanan</PrincipalOfficerNm>
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      <Desc>Build a 220-bed Super Speciality Hospital in Vemagal District, Karnataka, India with the primary focus on Mother &amp; Child care (OBGYN) and Adult &amp; Children Cardiac Care. The Hospital Campus hosts four blocks - Hospital Block, Kitchen &amp; Nurses Block, Attendants Accommodation Block and Doctors' Accommodation Block. All services in the Hospital (diagnostics, treatment &amp; surgery, medicines and post treatment care) will be provided Free to people in the most under-served communities and from most under-served locations. Food &amp; Accommodation for the patients, attendants and doctors and staff will be provided for free in the campus. Notably, the Hospital campus will not have a billing counter. This grant facilitated the ongoing rapid construction of the Hospital and the allied buildings. By end of 2024, nearly 95% of the construction have been completed. The expected commissioning of the Hospital is envisaged to be in the second half of 2025. Uniquely, all construction staff are provided accommodation, food and medical attention for free, while they work on our Temple of Healing (Hospital) with much Love.</Desc>
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        <Desc>Provide Food &amp; Nutrition to the most underserved communities and in underserved locations. 7.5million fresh, healthy meals have been served to children in 9 adopted schools impacting the lives of 2000+ students and in underserved communities.</Desc>
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        <Desc>Provide Medical Care, Education and Social Welfare (village adoption) for the most underserved communities and in the most underserved locations; Treated over 95,000+ patients with holistic healthcare across India through Medical camps, serving children to the elderly in impoverished &amp; leprosy afflicted communities and in underserved locations like Tawang, Arunachal Pradesh (at 14,000 ft above sea-level). Adopted nine schools and six villages and provided household needs, assistance with education, skills training, registering with govt. programs and jobs placement.</Desc>
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        <FormAndLineReferenceDesc>Schedule F, Part I, Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>Schedule F, Part I, Line 2 Information; Part I, Line 3 - Sai Aashraya Inc, US, is a sister organization of Sai Aashraya Trust, Bangalore, India. Sai Aashraya Trust is an approved Exempt (non-profit) Organization Reg. 80G/12A under Indian Income Tax Act. Grants made by Sai Aashraya Inc, US, predominantly only serve Sai Aashraya Trust &amp; local services. Sai Aashraya Inc, US, shares the same mission of Sai Aashraya Trust - Global Harmony &amp; Universal Peace (Love All, Serve All) - practiced through providing Holistic Service to humanity via Food &amp; Nutrition, Medical Care, Education and Social Welfare - especially to the most under-served amongst us and in the most underserved locations. Since inception in 2015, Sai Aashraya Trust has served over 7.5million meals through its 24x7 servings from its Central Kitchen - to school going children, elderly people in impoverished neighborhoods.. &amp; to midnight-to-early morning servings at highway checkposts for truck drivers. In the Medical Care front, Sai Aashraya Trust has served over 95,000 patients through its Medical Camps in Bangalore, Dharmapuri and Arunachal Pradesh. Has two state-of-the-art Mobile Hospitals for this purpose. Has adopted nine schools and six villages to provide holistic care from education to provisions for families to ensuring people are skilled up and self reliant. All services are provided for FREE. To further assist these communities, Sai Aashraya Trust has embarked on building a 220-bed Super Speciality Hospital with specific emphasis on Mother &amp; Child Care (OBGYN) and Adult &amp; Cardiac Care. The Hospital will have 7 Operation Theaters (OTs). Land has been acquired in Vemagal, near Bangalore City, Karnataka from the local State Government. Construction work started in July 2021 after obtaining all the approvals and the construction of the Hospital Campus is now 90% complete. Once complete, the Hospital will provide Free Surgeries to the most under-served amongst us. Sai Aashraya Inc grants for and ensures the associated monitoring for each of these four pillars of activities, as detailed below - 1. Support for Operating Expenses (Unrestricted) - We receive the Annual Operating Budget for the Fiscal Year along with the Actual Performance and Audited Financial Statements of the past three years while making the Grant decision for the upcoming year. Once a grant for the operating expense is made, we receive quarterly financial statements (actual vs budgeted) and a forecast for the reminder of the Fiscal Year, along with certified statements from Auditors on a periodic basis. We hold monthly, quarterly meetings and reviews with Sai Aashraya Trust, perform on-site visits multiple times in a year to monitor progress and ensure effective service deployment and transformations. 2. Support for Capital Expenditure - We provide grants to Sai Aashraya Trust in building the Hospital campus infrastructure for the new 220-bed Super Speciality Hospital, once the capital project has been approved by our Sai Aashraya Inc board. We follow a detailed due diligence process in approving the grant and ensure site visits, medical review, financial review, examination of all compliance with the local laws of the land. Sai Aashraya Trust is in full compliance with all Indian Laws governing the Hospital infrastructure construction, medical practices, outreach activities, accepting foreign currency donation (FCRA), etc. 3. Sai Aashraya Trust submits a project initiation document with full details of the project with capital expenses under various heads, whenever a new project is initiated. 4. Once a project commences, we monitor progress through detailed status reports, site visits, update meetings. We review progress made, budget vs actual, percent completed, funds needed to complete, payments made to suppliers and contractors and funding received locally.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11b</FormAndLineReferenceDesc>
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