A socialist and an engineer by profession, Shri. Diwan Bahadur K. R. Godbole had published an article in the year 1907. The content of the note of an article was very much towards the untoward expenditure made from the contributions received through the Grants and Aids respectively. The content of an article had made tremendous impact on the society. Having inspired by the thought, some of the noted personalities came together to start with, and did take an initiative to offer education with an accommodation and boarding to the five needy and poor students at the five different places at Pune. This work was observed at first by Late Aannasaheb Gadre, who was a noted personality.