Resource Mobilization Policy
Malabar Training College secures its financial support from a diverse range of sources, including grants from various funding bodies, contributions from the managing committee, philanthropic donations, the Parent-Teacher Association (PTA), Alumni Association funds, and various endowment resources.
The college operates with a decentralized administration structure, engaging collaboratively with the Parent body, Managing Committee, Principal, various committees, and institutional wings. This collective effort ensures the diligent mobilization and utilization of funds, maintaining a strong commitment to transparency and integrity in alignment with the institution’s vision and mission.
Annual financial audits, conducted at all administrative levels, uphold rigorous scrutiny of financial transactions, reinforcing accountability and adherence to best practices. Malabar Training College actively seeks financial assistance programs, preparing and submitting detailed proposals and estimates for project funding. Once approved, these funds are used strictly in accordance with the proposal and relevant regulations, with audits ensuring their proper application.
Funds from the Managing Committee, philanthropic donations, PTA, and the Alumni Association are strategically allocated to meet institutional needs, support student scholarships, and advance infrastructure development. This strategic allocation supports the comprehensive growth of the institution and its community.
Furthermore, Malabar Training College maintains transparency and accountability through regular internal and external audits. The management of accounts and sanctioned payments undergoes thorough scrutiny by appointed agencies, ensuring optimal use of resources in line with the institution’s mission and vision.