tax benefit: 50%
General Fund is created and maintained by our NGO to cover general expenses not specific to a project/cause/need. This helps cover expenses vital to the running of the organisation. Expenses such as administrative expenses, 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 which may arise during the course of running the organisation.
General Fund is created and maintained by our NGO to cover general expenses not specific to a project/cause/need. This helps cover expenses vital to the running of the organisation. Expenses such as administrative expenses, 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 which may arise during the course of running the organisation.