tax benefit: 50%
General Fund
General Fund is created and maintained by our NGO to cover general expenses not specific to a project. This helps cover expenses vital to running the organisation. Expenses such as administrative costs, and various overheads are paid from the General Fund. Most NGOs maintain a General Fund to help them meet the donation gap created when donors donate only to a specific project/cause/need or any unexpected expense that may arise in running the organisation.
General Fund
General Fund is created and maintained by our NGO to cover general expenses not specific to a project. This helps cover expenses vital to running the organisation. Expenses such as administrative costs, and various overheads are paid from the General Fund. Most NGOs maintain a General Fund to help them meet the donation gap created when donors donate only to a specific project/cause/need or any unexpected expense that may arise in running the organisation.