The Laxman Babu Shrestha Memorial Trust was established in 2014 in memory of the late Laxman Babu Shrestha, founder of Chitawon Co-E group. The trust is a registered non-profit organization with the following objectives:
1. Community Education:
Provide scholarship for tuition and related school expenses to children of economically vulnerable families to attend school.
2. Family empowerment:
Pro
vide scholarship to children of economically vulnerable families for vocational training such as plumbing, carpentry, electrician, overseer, and engineering.
3. Disaster Relief Services:
Provide aid to affected communities in times of natural disaster.
4. Cultural Welfare:
Provide financial assistance for construction of schools, religious and cultural places and temples, etc.
5. Volunteer services:
Collect and utilize funds donated by Nepalese living abroad and foreign donors, according to the objective of this trust.
6. Community Development:
Provide physical and financial assistance to social, religious, cultural, educational, spiritual, economic, and charitable services within the Nepalese society.
7. Child Welfare:
Improve the lives and well-being of children who live below the poverty line, children who are deprived of basic education and health care services, and children who have lost their mother and/or father due to poverty, by providing them with physical and financial assistance as well by any other suitable means.