The House of Dempo, as part of its continuing mission of furthering the socio-economic development of Goa has donated Rs.24 lakhs (equivalent to approximately 50,000 US Dollars) to the permanent fund of the Rotary Foundation (India) in support of the Rotary Foundation’s activities and programmes in the State of Goa.
The first endowment was created by V S Dempo 8. Co. Pvt. Ltd. in the cherished memory of its founder Director the late Vaikunthrao Dempo by a donation of Rs.12 Lakhs to the Rotary Club of Panaji (Mid Town), designated as the beneficiary club towards the income accrued on the endowment.
Chairman Shrinivas V. Dempo created the second endowment along with his mother Mrs. Neela V Dempo in the cherished memory of his father and former Chairman the late Vasudeva V Dempo through a further donation of Rs.12 lakhs with the Rotary Club of Panaji (Riviera), designated as the beneficiary club towards the income accrued on the endowment.
The donations were handed over to the International Trustee Chairman of The Rotary Foundation, Mr. Luis Vincente Giay during his recent visit to Goa on the occasion of a multi-district Rotary seminar held in Panaji.