 The Nutan Marathi Vidyalaya (NuMaVi) was established by this society in the same year in the memory of Marathi writer and scholar Vishnushastri Chiplunkar.In 1916 it went on to establish the New Poona College (later named as Sir Parshurambhau College) for arts.Lokmanya Tilak, Gopalkrishna Gokhale, N. C. Kelkar and Datto Vaman Potdar were closely associated with its rapid growth and development.