This morphed into the Deccan Education Society in 1884 with support from others such as Agarkar and Gokhale.
Rajashri Shahu of Kolhapur, at the time 10 years old, was named President. It was a honorary designation.
Kolhapur itself was under a British Regency at the time.
Chhatrapati Shahu was only a child of ten. Leave alone decisions to start a college in Pune, even decisions in Kolhapur were being taken by a British Regent (well obviously)
This doens't take away from his glorious reign but let's not attribute something which never happened.