As we forge ahead to carve a new, ambitious strategic direction, we draw wisdom from our previous 5-Year Strategic Plan.

By focusing on system policies and state-level initiatives, accountability and transparency, we ensure our impact endures. 

Strategic Plan 2024-2029

Quest’s mission is to innovate for learning ecosystems to be future-ready by creating and embedding tech-enabled learning experiences for young people to thrive in their
careers journeys.

By 2029, we will impact 1 million learners and 25,000 educators across the country by creating innovative, tech-enabled learning experiences for career transitions, driving systems adoption and capacity building for sustainable implementation, and codifying knowledge to empower civil society organizations to adapt and scale these innovations.

Goal-021

Finance

Graphy
Where Our Money Comes From
Donor Amount (INR)
Accenture Solutions Pvt Ltd
9,93,09,463
Amazon
6,12,21,995
Porticus
4,40,78,460
JP Morgan
3,69,26,304
Cisco
3,38,19,281
LGT Venture Philanthropy
3,18,79,654
Bank of America
2,96,77,700
SAP Labs India Pvt Ltd
2,55,53,507
Google IT Services India Pvt Ltd
2,36,61,637
Publicis
1,97,37,235
Wells Fargo International Solutions Pvt Ltd
1,87,24,632
LinkedIn
1,28,67,687
Capgemini
1,25,47,556
United Way
1,09,45,573
Deloitte Foundation
1,06,69,465
Servicenow
92,38,535
Fossil Foundation
81,19,202
Indian Literacy Project
81,02,439
Morgan Stanley
79,86,131
Kantar IMRB
74,58,812
CAF America (LSC)
36,42,169
Scratch Foundation
20,67,239
Sanjeev Prasad
11,90,935
Impact Foundation India – Dasra 9,92,325
SwissRe 2,65,780
UNICEF 1,46,689
Dalit Foundation 95,703
Individual Donations 42,233
Other Income
3,14,06,310
Interest Income
3,22,56,256
Grand Total
58,46,30,907
Where Our Money Goes
Expenditure Head Amount (%)
Programme Expenses 489,187,677 77.40
Operations and Equipment Costs 7,101,348 1.12
Assets acquried 21,987,318 3.48
Administrative Expense 113,713,494 17.99
TOTAL 631,989,837 100
Income & Expenditure
Income Source
Amount (INR)
Grants and Donations
52,09,68,342
Interest Income
3,22,56,256
Other Income
53,53,442
Transfer from Corpus to the extent utilised
2,60,52,868
Grand Total
58,46,30,907
Expenditure Type
Amount (INR)
Overhead and Administration Cost
3,12,77,818
Program Expenditure
4,43,32,831
Project Expenditure (Foreign Grant)
18,99,84,150
Project Expenditure (Local Grant)
36,29,13,998
Depreciation
1,10,04,049
Excess of Expenditure over Income
-5,48,81,939
Grand Total
58,46,30,907
Balance Sheet 2024-25
Liability
Amount (INR)
Capital Fund 0
General Fund
7,47,25,472
Specified Grant Fund
6,77,38,350
Corpus Fund
36,22,43,565
Current Liabilities
5,82,23,323
Total
56,29,30,710
Asset
Amount (INR)
Fixed Assets
12,33,76,411
Investments
36,30,64,277
Current Assets
1,62,54,131
Cash & Bank Balances
6,02,35,892
Total
56,29,30,710
Accountability & Transparency

The executive leadership team is responsible for strategy, budgets and results, and reports to the advisory board & trustees. The role of the board is to ensure that the activities are aimed at realizing the mission of the organization in line with the strategic long term plan, and review the progress being made against the annual plan on a quarterly basis. They also approve the audited financial statement and ensure compliance with laws and regulations.

Quest Alliance has complied with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013 relating to the constitution of an internal complaints committee.

The Trustees met three times in the year 2024-25. 

Distribution of staff according to salary levels and gender break-up:

Salary Range as on March 31, 2024

Monthly Salary Range Female Male LGBTQIA+
Grand Total
Upto 50,000 126 57 1 184
50,001 – 100,000 39 55 1 95
100,001 – 150,000 11 10 0 21
150,001 & Above 13 9 0 22
Grand Total 189 131 2 322

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Statutory auditors: Phillipos and Company, #47, M - Floor, Wheeler Road, Cox town, Bangalore 560005.

Bankers: State Bank of India, FCRA Cell, 4th Floor, State Bank of India, New Delhi Main Branch, 11, Sansad Marg, New Delhi - 110001.

IDBI Bank Limited, IDBI House, No: 58, Mission Road, Bangalore 560027.

Axis Bank Limited, 140, 1st Main Rd, Jnanabharathi Extension, Subash Nagar, Kengeri Satellite Town, Bengaluru, Karnataka 560060.

Quest Alliance is registered under the Indian Trust Act 1882 with registration no. BNG(U)-VRT-BK IV 187/2008-09 registered on 20/10/2008.

Quest Alliance is registered under 12A of the Income Tax Act 1961 with registration no. AAATQ0135G22BL01; validity from AY 2022-23 to 2026-27.

Quest Alliance is registered under 80G of the Income Tax Act 1961 with registration no. AAATQ0135GF2021401; validity from AY 2022-23 to AY 2026-27.

Quest Alliance is registered under the Foreign Contribution Regulation Act, 1976 with registration no. 094421483 valid till 30th September 2027.

                        

Advisory Board

 

Aakash-Sethi

Aakash Sethi 

CEO, driving future-ready learning at Quest Alliance. Education Innovator, Social Entrepreneur.

Aashu-Calappa

Aashu Calappa 

Committed Volunteer. Human Resource leader expert with 21+ years of experience.

Anuroopa

Anuroopa Pereira

Regional Sr. Director, Precious Communications. A communications professional with 20+ years in managing public relations.

 

Kakul

Kakul Misra

Director, Strategic Capacity Building at Indian School of Development and Management. An advocate of impact based skilling.

Nagesh-Alai

Nagesh Alai 

Co-Founder & Director, Avananta Innovations. Also a Finance and Legal professional.


Sanjay-Anandaram

Sanjay Anandaram 

Co Founder NICEOrg. Entrepreneur, Venture Capitalist, Angel investor.

Vikas-Goswami

Vikas Goswami 

Head of Consulting, Boundless Environment Resources Solutions Pvt. Ltd. Passionate about CSR, use of tech for green jobs.

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Vineet Jawa

Entrepreneur, Co-Founder Idfy, an identity verification company, CredRight a FinTech start up.