LAKIREDDY BALI REDDY CHARITABLE TRUST (ESTD: 1997)
Lakireddy Bali Reddy Charitable Trust, registered in 1997 is a non-profit organization fully funded by Sri. Lakireddy Bali Reddy.
1. Construction of School buildings at Velvadam & Ganapavaram at a cost of Rs.2,80,00,310/-and handed over to Govt. of AP
2. Laying of concrete roads with side drains at a cost of Rs.1,77,30,574/-
3. Construction of Degree college at a cost of Rs.7,00,00,000/- at Mylavaram by Dr. Lakireddy Hanimi Reddy and handed over to the Govt. of A.P
4. Organizing Healthcare services i.e. Eye camp in Mylavaram regularly i.e. once in a week. The expenditure incurred so far has reached Rs.81,05,000/-
5. Disbursement of old age pensions in Velvadam and Mylavaram every month, since the year 1998. The expenditure incurred, as on date is Rs.79,09,400/-
6. Construction of two temples in Velvadam village at a cost of Rs. 3,00,00,000/-
7. Disbursement of Merit-cum-means scholarships to the students, the amount disbursed as on date is Rs.1,28,33,780/-
8. Supply of drinking water in Velvadam and Mylavaram, the expenditure as on today is Rs.12,90,850/-
9. Donations to voluntary and service organizations, amounting to Rs.52,63,080/-
10. Indoor stadium & other sports facilities by Dr. Lakireddy Hanimi Reddy at a cost of Rs.2,12,29,759/-
11. Distribution of house sites by Lakireddy Bali Reddy to employees and the poor in well-developed layouts.
The trust is determined to continue with to undertake such service activities in future also so as to benefit the poor in and around Velvadam / Mylavaram.
Sri Lakireddy Bali Reddy
(Promoter - Managing Trustee)
B.E., M.S in Chemical Engineering from UC, UC Berkely.
NRI having business interest in Restaurant & Real Estate in USA.
|Sri Lakireddy Jaya Prakash Reddy||NRI with business interest in real estate in USA.|
|Dr. Lakireddy Hanimi Reddy||M.D., F.A.C.C., NRI, a leading cardiologist at Merced, CA, USA.|
|Sri Lakireddy Venkateswara Reddy||NRI with business interest in real estate in USA.|
|Smt. Vemireddy Varalakshmi||NRI with business interest in real estate in USA.|
|Sri Lakireddy Jaya Prakash Reddy||NRI with business interests in restaurants & real estate in CA, USA.|
|Sri Lakireddy Prasad Reddy||NRI with business interest in restaurants in USA.|
|Sri Lakireddy Vijay Kumar Reddy||NRI with business interest in real estate in USA.|
|Sri Y. Sambasiva Rao||Business (local)|
|Sri L. Balakoti Reddy||Additional General Manager, Singareni Colleries.|
|Sri G.Srinivasa Reddy,
President LBRCE & LBRCT
LBRCT - Sponsoring LBRCE
The Lakireddy Bali Reddy Charitable Trust sponsored the Lakireddy Bali Reddy College of Engineering which is built with a vision to serve the region for generations to come and to be among the premier institutions in the country in the sphere of technical education.
In the short span of its existence the College earned a respectable position among its peers in the state for its spacious and serene environment, well designed and well ventilated buildings, fully equipped and state of the art laboratories, enthusiastic and well qualified faculty and student discipline and care.