New Delhi, Jan 30 : Corporate Social Responsibility (CSR) funding is provided by companies to support social, environmental, and community development initiatives. To secure CSR funds, follow these steps:
Step 1: Understand CSR Eligibility & Guidelines
– Check CSR Rules : In India, CSR is mandated under the Companies Act, 2013 for companies with:
– ₹500 crore net worth or more
– ₹1,000 crore turnover or more
– ₹5 crore net profit or more
– Identify Focus Areas : Companies fund projects related to education, healthcare, environment, rural development, sanitation, etc.
Step 2: Register Your Organization
– Your NGO or institution must be registered under:
– Societies Registration Act, 1860
– Indian Trusts Act, 1882
– Section 8 of the Companies Act, 2013 (for non-profits)
– Obtain a 12A & 80G certification for tax exemptions (for NGOs).
– Get CSR-1 Registration on the MCA portal (mandatory for NGOs to receive CSR funds).
Step 3: Research & Identify Potential CSR Donors
– Look for companies that align with your project goals.
– Use online portals like:
– National CSR Portal (csr.gov.in)
– FICCI CSR Directory
– CII CSR Gateway
– Study company CSR reports to understand their focus areas.
Step 4: Create a Strong CSR Proposal
Your proposal should include:
✅ Organization Profile – Background, mission, and impact.
✅ Project Objective – Define the issue and solution.
✅ Implementation Plan – Timeline, location, and methodology.
✅ Budget & Financials – Detailed cost estimates.
✅ Expected Impact – Measurable outcomes and beneficiaries.
✅ Sustainability & Scalability – Future impact of the project.
Step 5: Connect with Companies & Apply for CSR Grants
– Contact CSR Heads of companies via LinkedIn or official emails.
– Apply for CSR funding through company websites or CSR partnerships.
– Attend CSR networking events and forums.
Step 6: Implement & Report
– Once approved, implement the project as per plan.
– Submit impact reports, financial reports, and case studies to maintain trust and secure future funding.
Bonus Tips for CSR Funding Success
✔ Collaborate with government agencies, local bodies, or influencers** to strengthen your credibility.
✔ Showcase past successful projects with photos, videos, and testimonials.
✔ Stay updated on CSR trends and government policies to align with corporate interests.
Would you like assistance in drafting a CSR proposal? 😊than leave a mail [email protected]