Vasavi Seva Kendram was established in 1971 with the following objects:
  1. To provide accommodation to the Guests coming from districts
  2. To construct Kalyana Mandapam for conducting Marriages & Functions
  3. To utilise the income of Kendram for:-
    1. Sanction of scholarships to poor and deserving students
    2. Sanction of Old age Pensions
    3. Providing financial help to Research Scholars, Poets and Educational and religious institutions

The following two organisations have settled education trust VASAVI FOUNDATION. VASAVI SEVA KENDRAM & VYSYA HOSTEL TRUST BOARD. Vasavi foundation sponsored Indian Institute of Management & Commerce. Vasavi Foundation (Indian Institute of Management and Commerce), the first college which offered B.Com(Hons.) course in Andhra Pradesh in 1973. Subsequently B.Com(Computers), B.Com(Gen.), B.C.A., BSc(Computers) and M.Com courses are offered.

An air cooled Kalyana Mandapam having having capacity of 1000 seats and a Guest House with 32 rooms are constructed. Every year more than Rs.8,50,000/- is being spent on Service Activities.