SCHEME FOR CORPORATE SOCIAL RESPONSIBILITY

In order to motivate Corporate Entities, to channelize its CSR spends, through Ramratan Sarda Medical Help Society (RSMHS), certain schemes are proposed, which are as under:-

 

All Donation will be accepted towards the corpus of the funds :-

It is proposed that the following schemes be offered to the corporate for donation towards corpus of the society.

 

Contribution exceeding Rs.21 Lakhs :-

Any company, either in one go or during the period of next 4 years, agrees to contribute a sum of Rs.21 Lakhs or more to the corpus of RSMHS, be offered this scheme. Under the Scheme:-

  • The contribution be paid by the company, maximum with in a period of four years, subject to Rs.5,00,000/- in each year.
  • One representative of the company may be admitted as a founder member of the society after receipt of the full donation.
  • Accounts for Income from the Donation and amounts spent out of it as help, will be maintained separately. Only the income, out of the donation, will be utilized for providing help to a needy persons.
  • The representative of the company, for a period of 10 years after receipt of full donation, shall have right to recommend cases for help up to the amount of income from donation.
  • Yearly statement of accounts of income and amount spend out of the income, duly audited, will be provided to the company within 6 months from the close of financial year of the society.

 

Contribution between Rs.10,00,001/- to 21,00,000/-:-

Any company, either in one go or during the period of next  3 years, agrees to contribute a sum between Rs. 10,00,001/- and  Rs.21,00,000/- to the corpus of RSMHS, be offered this scheme. Under the Scheme:-

  • The contribution be paid by the company, maximum with in a period of three years.
  • One representative of the company may be admitted as a founder member of the society after receipt of the full amount,
  • Accounts for Income from the Donation and amounts spent out of it as help will be maintained separately. Only the income, out of the donation, will be utilized for providing help to a needy persons.
  • The representative of the company, for a period of 5/7 years after receipt of full donation, shall have right to recommend cases for help up to the amount of income from donation.

 

Contribution between Rs.5,00,001/- to 10,00,000/-:-

Any company, either in one go or during the period of next  2 years, agrees to contribute a sum between Rs. 5,00,001/- and  Rs.10,00,000/- to the corpus of RSMHS, be offered this scheme. Under the Scheme:-

  • The contribution be paid by the company, maximum, in a period of two years.
  • Accounts for Income from the Donation and amounts spent out of it as help will be maintained separately. Only the income, out of the donation, will be utilized for providing help to a needy persons.
  • The representative of the company, for a period of 4 years after receipt of full donation, shall have right to recommend cases for help up to the amount of income from donation.
  • Yearly statement of accounts of income and amount spend out of the income, duly audited, will be provided to the company within 6 months from the close of financial year of the society

 

Contribution between Rs.2,00,000/- to 5,00,000/-:-

Any company, either in one go or during the period of one years, agrees to contribute a sum between Rs. 2,00,000/- and  Rs.5,00,000/- to the corpus of RSMHS, be offered this scheme. Under the Scheme:-

  • The contribution may be paid by company in installment with in one financial year of the society.
  • Accounts for Income from the Donation and amounts spent out of it as help will be maintained separately. Only the income, out of the donation, will be utilized for providing help to a needy persons.
  • The representative of the company, for a period of 2 years, after receipt of full donation, shall have right to recommend cases for help up to the amount of income from donation.
  • Yearly statement of accounts of income and amount spend out of the income, duly audited, will be provided to the company within 6 months from the close of financial year of the society.

 

Other donation:-

Any company, either in one go or during the period of one year, agrees to contribute any sum below Rs. 2,00,000/- to the corpus of RSMHS, be offered this scheme. Under the Scheme:-

  • Any donation less than Rs.2,00,000/- during any year be accepted by the society from any company.
  • Accounts for Income from the Donation and amounts spent out of it during the period will be maintained separately. Only the income, out of the donation, will be utilized for providing help to a needy persons.
  • The representative of the company, for a period of 1 year, after receipt of full donation, shall have right to recommend cases for help up to the amount of income from donation.
  • Yearly statement of accounts of income and amount spend out of the income, duly audited, will be provided to the company within 6 months from the close of financial year of the society.
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