Vidya Prasarak Mandal (VPM) is a premier educational trust in Thane which was established in August 1935. Ex. President Late Dr. V. N. Bedekar had a dream of creating an “Island of Knowledge” (Jnandweepa) in Thane. He had a great foresight for young generation of developing Thane city and need of education to turn this youth into good citizens of India and with this singular zeal, and enthusiastic support from his colleagues, succeeded in bringing it in reality. In 1969, Vidya Prasarak Mandal’s College started functioning with all three faculties i.e. Arts, Commerce and Science on a 13 acre piece of land which was marshy, muddy area inundated by water of the nearby Thane creek under high tide. The then Chief Minister of Goa, Hon. Shri Dayanand (Bhausaheb) Bandodkar gave a generous donation of Rs. 3, 20,000 / - for the construction of the Science college building. In June 1975, the affiliation of College was changed to University of Mumbai from University of Pune, and in the same year, B. N. Bandodkar College of Science was separated from the Arts and Commerce College for administrative convenience.