It is my pleasure to be one of the contributor and association with the construction and maintenance of Sri Sithramachandra Swamy temple in Maddivalasa. It would not have been possible for me without your financial and execution support extended to me during this process. My grand father and my father wished to see the Srirama temple in our village which did not happened because of multiple reasons. With the great support of my family and all other villagers and earlier migrated families this dream came true on 27th Feb 1990. I am able to support the temple maintenance activities till 2014 with uncountable support I received from Sri Dhavala naga bushana sarma and Smt Saradha. My heartful thanks to them.
Because of the age and related health issues it is becoming difficult for me to do this activity and has thought of handing over to another person. At that time it was discussed with all my well wishers and came to conclusion that handing over the activity to a trust will be better than to a person. Hence we registered a trust with the name “ Sri Sitaramachandra swamy vari Devasthanam charitable Trust” in Nov 2014.
Trust Formation :
Trust documentation and registration work was assigned to my Brother Sri. Ayalasomayjula Nageswarao and my brother’s son Sri. A.Srinivasa Murthy .They did a splendid job and trust was registered on 14th Nov. 2014. My self and my brother’s wife smt A.kalavathi ( W/o Late Somasekharam) paid Rs 25,000 each to the trust as settlers in the process of trust formation. My blessing to them and their family members supported this job. We opened a Current account in the name of the trust with State Bank of India Moti Nagar Branch, Hyderabad. Trust registered office was in Hyderabad.
I personally wrote letters to all my family members requesting for financial support to run the trust and its activities. There was tremendous response from them . My blessing to them and their families for taking my word.
Trust was registered under Indian Income Tax Act ( 12 A) . It was not exempted under 80G as of now. We will further update on this once we get. Trust tax returns were filed very much in time thanks to our Auditors M/s G.P Rao & Associates.
From the year of Trust formation till date we spent around Rs 3 lakhs till now and renovation/ refurbishment and other temple improvement activities.