The twist of events in the course of history will make certain happenings inevitable. The latter half of Twentieth century witnessed unbridled sweeping changes in the socio-cultural and economic life in Kerala.

In the changed scenario, Olappamanna Mana members decided to “Serve and Preserve their cultural heritage”- This resulted in formation of Deviprasadam Trust. The main Building of Olappamanna Mana is preserved by the Trust. Further the Trust from 1990 on words gives annual Awards to eminent personalities in the fields in which Olappamanna Mana had its contributions earlier, namely, Kathakali, Karnatic Music, Malayalam Literature, Veda and Sanskrit Literature. Further the Trust also co-operates with all cultural activities by others in these fields. The trust is having a library with valuable books in English, Sanskrit and in our mother tongue Malayalam. We also have palm leaf books.