Sri.M.V. Bhimaraja, one of the most respected and popular persons of Rajapalayam, established M.V. Bhimaraja Janakiammal Charitable Trust with a view to serve the society in general and education in particular.  The Trust started Ananda Vidyalaya Matriculation School in Tenkasi Road from L.K.G to II Std in 2000-2001 with the strength of 108 children. Ever since, the school has been progressing steadily owing to the untiring enthusiasm and commitment of the Management and were actively supported by the Principal, Headmistress, and the school Governing Council Members and the well-wishers of the school.  The school is under the administrative jurisdiction of the DEO, Virudhunagar.

As the years passed by, in a short span of time, the school was upgraded progressively and it was necessary to provide the much needed infrastructure.  The Management, like an ever-caring parent, constructed an imposing new school building for the holistic development of the students.

In 2007-2008, the school was upgraded to Ananda Vidyalaya Matriculation Higher Secondary School, duly recognized by the Government of Tamil Nadu and the new school building in the sylvan surroundings in Ayyanar kovil salai was opened on 1st June 2006 by Sri. A.A. Subbaraja, Chairman of Rajapalayam Municipality.  The inauguration function was attended by eminent personalities. Classes from LKG to V std are accommodated in the Junior School, Tenkasi Road and Classes from VI to XII are accommodated in the Senior School located at Ayyanar Kovil Salai.

As on date, the total strength of students is 610 consisting of 318 in the Junior School and 292 Senior School.