Press Release

Next Generation Foundation Gearing Up For Growth in 2008
Ganesh Davuluri, Public Relations Director

Shrewsbury, MA
January 2nd, 2008

Next Generation Foundation (NGF - http://www.nextgenfoundation.org), the premier Indian charity organization in the Boston area, is pleased to announce the nomination of Vidya Vasudevan to the role of the Executive Director. This signifies an effort by NGF to reposition itself as a full fledged non-profit organization and reestablish a sustainable means of funds, leadership and volunteer base to ensure continued success in the long term.

Co-founder of SolveIT Inc., an IT services firm based out of Westborough, MA, Vidya now serves as the president of that firm. She holds a Master's in Communication from the University of Madras, Chennai. "We have great confidence in Vidya's leadership," says Peo Nathan, co-founder and President/Chairman of the board at NGF. "Her talent and personal qualities, as well as her experience and knowledge in building up a successful business will allow for a great opportunity for NGF to reach the next level, and her vision will set the stage for a strong future."

"NGF is committed to fostering a high level of diversity within the organization. To reflect that commitment, the management team now represents energetic people from diverse regional and religious backgrounds, representing a diverse India", says Peo Nathan.

In her role as the Executive Director of NGF, Vidya will lead the NGF team to bolster the support towards the three major initiatives of NGF - the NIRC project, the Dharma Yuga project and the Thrive Project.

The "National Integrity and Responsibility Complex" (NIRC) is a residential educational facility for orphan children. The project aims to cross the social barriers of discrimination to provide the "best education" by enrolling 50 orphan children excelling in education every year reaching 500 in strength over a period of time at any given academic year. These children of God between 8-10 years of age during enrollment who'd otherwise be destined to very basic or no education will be trained to excel in various professional careers, while being provided free accommodation and other facilities to foster discipline and nurture life skills and ensure all round personality development. The project also hopes to build a "virtuous cycle" of these children feeding back into the project once they start successful careers in the future.

The Dharma Yuga project is a self-sustaining program of "Kids Supporting Kids" in cities across several states in India. In Sanskrit "Dharma" means right action among other things and also came to be known as giving or charity and "Yuga" means yoke, team or pair. In this program, privileged children would support one or more underprivileged children locally. The seed money needed to launch one unit of this project in a city in India that would result in the support of 1000 children and make the project self-sustaining would cost around $8000 in the first year. This is similar to Social Entrepreneurship model except everything in this project is geared towards addressing the social need of supporting underprivileged children.

Monalisa Patnaik, a director on the board, continues to coordinate the very successful 'Thrive' project in Orissa that works to provide access to primary education, basic healthcare and sustainable economic development to rural villages in India.

"NGF now has hired CPA services from Griffin and Company PC, Worcester, MA to handle all the accounting and auditing. We now also have a merchant banking account with the Bank of America to support credit card processing and direct ACH transfers. This streamlines our accounting processes and brings in a lot of transparency into the financial management of our 501(c)(3) registered non-profit organization", commented Naveed Deshmukh, Treasurer of NGF. "All contributions to NGF are completely tax deductible and 100% of the funds collected go towards supporting our charitable causes. All of our officers and advisors are volunteers".

NGF has a very active ground team of volunteers in various locations across India including: Devrukh, Ratnagiri in Maharashtra, Indore in Madhya Pradesh, Bhubaneswar in Orissa and Chennai in Tamilnadu. The India team is coordinated by Sadanand Bhagwat - President and Chairman of NGF India - who left his successful career in the USA to go to India and work full time towards NGF's activities. Joseph Jerome and Salil Makoday act as Trustees of NGF India, after retiring from highly successful corporate careers.

NGF is committed to serve the local community of the country where its members and volunteers live and prosper. To accomplish this, NGF is planning to periodically conduct special skills, such as computer skills, sharing volunteer programs to inner-city kids and adults. NGF in collaboration with local medical professionals and associations is also exploring the options to conduct free health camps as well in the near future.

NGF also boasts of an impressive roster of well accomplished, talented and visionary leaders on its Advisory Board in the United States including: Jonathan Miller, Ph.D. - Advisor to President & Board, Attorney Stephen Weitz Esq - Legal Counsel, Usha Vakil - Advisor on Children Education Support Program, Marjorie Curran MD, Lyle G. Bohlman MD and Thomas Ptak MD, MPH - Advisors on Health Care Services, Lori Berkey - Advisor on Media and Public Relations, and Puran Dang - Advisor on Business Relations.

"We are confident the current team, with leadership and direction from the board of directors and advisors will be successful in evolving NGF as one of the leading international socio-charitable organization primarily focusing its efforts on the subcontinent in the near future", Peo summed up.

Next Generation Foundation (NGF) is a registered socio-charitable organization striving to create a revolutionary drive within people to make the social changes to benefit the food, clothing and educational needs of underprivileged children. Members of NGF believe that every child across the world should have the equal and fair opportunity to choose their own destiny and build a better future for mankind. NGF had taken our first step towards this belief and started with NGF founders' home, India, by extending help to the underprivileged children living in this world's largest democracy. In the long-term NGF would be able to extend charitable help to other parts of the world. NGF welcomes you join them in this revolution. NGF is a 501(c)(3) public charity. All contributions to NGF are tax-exempt. Visit NGF's website for more information about NGF at http://www.nextgenfoundation.org.