Overview
CSR Funding Project – Complete Overview
What is a CSR Funding Project?
A CSR Funding Project is a formally designed social development project prepared by NGOs, trusts, societies, or Section 8 companies to obtain CSR funds from corporates. These projects align with Schedule VII of the Companies Act, 2013, covering areas such as education, healthcare, environment, women empowerment, and rural development.
Importance of CSR Funding Projects
CSR funding plays a crucial role in supporting non-profit organizations by providing sustainable financial resources. A properly drafted CSR project helps corporates evaluate impact, compliance, and transparency before funding approval.
Eligibility for CSR Funding
Organizations eligible for CSR funding include registered NGOs, trusts, societies, and Section 8 companies with valid registrations, CSR-1 filing, proper financial records, and proven social impact. Compliance with statutory and regulatory norms is mandatory.
Process of CSR Funding Project Approval
The process involves project planning, documentation, CSR alignment, proposal submission to corporates, due diligence, and funding approval. A clear project structure and measurable outcomes increase the chances of approval.
Why Choose NYAYAPATH LEGAL LLP
NYAYAPATH LEGAL LLP assists organizations in preparing professional CSR funding projects, ensuring legal compliance, impact clarity, and corporate-ready documentation. Our expert team helps maximize funding opportunities through accurate drafting and strategic guidance.