CSR Funding Services
CSR Funding Services refer to professional assistance provided to NGOs, Trusts, Societies, and Section 8 Companies in securing Corporate Social Responsibility funds from eligible companies under Section 135 of the Companies Act, 2013. CSR funding has become one of the most significant sources of financial support for non-profit organizations engaged in social development activities.
CSR funding is strictly regulated and can only be utilized for projects falling under Schedule VII of the Companies Act, such as education, healthcare, environmental sustainability, rural development, poverty alleviation, gender equality, and skill development. Companies are required to allocate a prescribed percentage of their profits towards CSR activities and can only fund eligible implementing agencies that comply with statutory requirements such as CSR-1 registration.
CSR funding services involve end-to-end support including identification of CSR opportunities, preparation of project proposals, compliance verification, documentation, liaison with corporates, and monitoring of fund utilization.
Legal Framework
CSR funding is governed by Section 135 of the Companies Act, 2013 and CSR Policy Rules issued by the Ministry of Corporate Affairs.
Eligibility
Eligible entities include CSR-1 registered NGOs, Section 8 Companies, registered Trusts, and Societies with valid 12AB and 80G registrations and demonstrable experience in implementing social projects.
Services Covered
CSR funding support generally includes preparation of detailed project reports, CSR proposal drafting, donor mapping, compliance review, financial structuring of projects, and assistance in fund disbursement and reporting.
Importance
CSR funding provides sustainable financial support for NGOs while ensuring corporate accountability and structured social impact delivery. Proper legal and compliance support significantly improves approval chances and long-term funding relationships.