WHAT IS NGO ?

Updated on : 2020-Nov-25 12:25:38 | Author :

CONTENTS:

  • NGO
  • NGO DUTIES
  • NGO OVERVIEWS
  • NGO UNDER ANY OF THE FOLLOWING ACTS
  • HOW NGO'S ARE FUNDED
  • DIVERSIFYING FUNDING SOURCES

NGO

NGO Referred to Non-Governmental Organization. NGOs are a community of organizations set up by the citizens, which include associations and club which provide services to their members and others. NGO is private agencies that can support development at local, national, and international level by organizing groups.

                  NGO helps and supports people for their rights and legal powers in society. NGO need to follow particular rules and regulations with reference to various acts passed by the government. An NGO doesn’t have any relationship with any political party, government, etc. NGO Survives purely on the funds it receives and it helps support of the people. NGO liability and duty is public and social welfare. NGO has played an important role in developing society, improving communities. NGO is the most integral part of our progressive society. NGO is individual organizations that relieve support, promote the interests of the poor, protect the environment, provide primary social services. NGOs is an organization which is purposed at the welfare of the Society. NGOs do a lot of social work like teaching poor child, help for poor widowed women, protection of women, etc. Those people who have good money or business helps people through NGOs. NGOs are usually working for several causes. It could be for the welfare of society, environmental cause, health cause, animal rights and human rights.

 

NGO DUTIES:

  • Managing emerging health crises
  • Development projects like school and infrastructure construction
  • Society education and health promotion
  • Children’s and women rights
  • Economic empowerment like skill training, financial education, etc.

NGO OVERVIEWS:

NGO: Non- Governmental Organization

TYPES OF NGO:

  1. Trust Act of 1882
  2. Society Act of 1860
  3. Section 8 Act 2013

TAX BENEFITS: 80G, 12AA

FCRA: Foreign Contribution Regulation Act 2010

WORK AREAS: Health, Education, Women’s and child, Old Age, etc.

NGOs WORK: All over INDIA

Every NGO in India is legally required to document a trust deed /Memorandum of laws that contain the name and address of the NGO, details of governing body members, rules, and regulations, and procedures. In India NGO under any of the following Acts:

 

Indian Trusts Act

 The Act came into existence on 1st March 1882. It is a law in India relating to private trusts and trustees. This Act removed some restrictions on investment assets by the trust in certain investments. This Trust wants to claim income tax release in a state that is governed by the Public Trusts Act, such as Maharashtra.

 

Societies Registration Act,

The Societies Registration Act, 1860 which existence on 21 May 1860. Society can be made by a group of seven or more people. The person from India, foreigners, companies and other registered societies can be able also to register for the Memorandum of Association of the society. The establishing members must agree with the name of society first and prepare for the Memorandum then followed by rules and regulations of the society. This is a regulation in India which allows the registration and benefit of society education, health, employment etc. Society registration is maintained by state governments. Society registration must be constructed to the demonstrated authority of the state, where the registered office of the society is situated.

 

Companies Act,

This Act of the Parliament of India, enacted in 1956. An association that is formed for the promotion of art, science, commerce, religion can be registered as a company and its members cannot be paid dividend.

 

How NGOs Are Funded:

On a variety of sources for NGOs funding, including

  • Private donations
  • Membership dues
  • Sale of goods and services
  • Grants

NGOs are also able to get funding from the government organizations and depend on this type of funding, governments can’t be connected in decisions what the NGO does. Non-governmental organization are need of funds to always serve the purpose of their presence. NGOs should know that donation will come from two sources, namely locally and internationally. Local funds generally come from either the government or local businesses.

 

DIVERSIFYING FUNDING SOURCES

  • Private Charities and Foundations
  • Individual Donors
  • Government
  • Corporate Social Responsibility
  • Insurance Agencies

A New NGO can raise funds from the following ways:

  • Internet fund moving
  • Donation Boxes
  • Training, Seminars, and Social Campaigns
  • Direct Mailing Applications
  • Foreign funding
  • Cause-related marketing
  • Schools sponsorship programmers.

 

Additional Resources

                                               

 

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