{"id":3711,"date":"2019-05-23T14:01:41","date_gmt":"2019-05-23T14:01:41","guid":{"rendered":"http:\/\/blog.srr-foundation.org\/?p=3711"},"modified":"2019-05-24T09:49:33","modified_gmt":"2019-05-24T09:49:33","slug":"resouce-mobilisation-grants","status":"publish","type":"post","link":"https:\/\/blog.srr-foundation.org\/?p=3711","title":{"rendered":"RESOURCE MOBILISATION &#8211; GRANTS"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Taking a cue from Mr Mathew Cherian\u2019s Vijay Sardana\nMemorial Lecture, we start a series of short discussion points on <strong>Resource Mobilisation<\/strong> for Non-Profits.\nWe start with one of the most popular resource, GRANTS.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I don\u2019t need to discuss much about grants, all of us\nknow Grants are basically tied funds, which can be used to fulfil a\nnon-profit\u2019s objectives. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the Pro side, grants help a Non-Profit get much-needed\nfunds, which can help it meet salary &amp; admin costs, and hence are always\nwelcome. They help you gain experience of implementing projects. It gives NGOs\nexposure on how to deal with large development organisations. Also lets not\nforget Grants attract grants. Thus getting grants could be a multiplier effect on\nresources. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the flip side, grants create uncertainty. In case a\nbig grant goes missing from an NGO\u2019s portfolio, unless replaced with another,\nit creates gaping hole in the NGO\u2019s income. The organisation would immediately\nneed to cut down. If too much micro-management by grantor, it can reduce a\nNGO\u2019s own originality in execution of the projects. Methodology for\nimplementation, although in theory is to be mutually decided between grantor\nand grantee, but more often, grantee basically ends up doing what the grantor\nwants to be done with its money. There would be exceptions, but generally this\nis the situation. Grants can make a non-profit complacent, as it is tied up in\nservicing those grants and has little time to explore or develop other resource\navenues. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On available sources of grant funds, there are still a\nfew funding agencies in India which give grants. There are several websites\nwhich provide such information. Lists available on these websites, would never\nbe upto date and NGOs would need to ascertain the current status. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s\nalso acknowledge perception of difficulties in FCRA has reduced interest of\nforeign funding agencies in India, however these funds are still available, and\nnetworking with right organizations and a lookout for such organizations still\ncan help. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CSR\nGrants have certainly become far more prevalent today, and contacting CSR Depts\nof large companies could help. Also keep a lookout for big companies active in\nyour area and contacting them should be on all NGOs agenda. There could be\nticklish issue with CSR Grants, where corporates may deduct TDS on the grants.\nThis could be due to misconceptions in the corporates understanding of\ntaxability issues of NGOs or even inflexibility of their payment systems, which\nonly recognize contract agreements which are subjected to TDS. In case you\ncannot convince corporate not to deduct TDS, at least get a lower Tax deduction\ncertificate under S.197. This would help you minimize cash flow issues. In case\ncorporate asks you to raise invoice with added GST, this is strongly advised to\navoid, it could create future taxability issues for the NGO. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Govt grants are other major areas of avenues, which NGOs should consider. These do come with negative perceptions, but they do contribute to the society. All good work done by NGOs in such schemes goes towards betterment of society.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">_______________ \u200e<br>\n<strong>Socio Research &amp; Reform Foundation (NGO)<\/strong><br>\n\u200e512 A, Deepshikha, 8 Rajendra Place, \n\nNew\nDelhi \u2013 110008\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taking a cue from Mr Mathew Cherian\u2019s Vijay Sardana Memorial Lecture, we start a series of short discussion points on Resource Mobilisation for Non-Profits. We start with one of the most popular resource, GRANTS. I don\u2019t need to discuss much &hellip; <a href=\"https:\/\/blog.srr-foundation.org\/?p=3711\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-3711","post","type-post","status-publish","format-standard","hentry","category-fcra-tax-legal"],"_links":{"self":[{"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/posts\/3711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3711"}],"version-history":[{"count":3,"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/posts\/3711\/revisions"}],"predecessor-version":[{"id":3714,"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/posts\/3711\/revisions\/3714"}],"wp:attachment":[{"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.srr-foundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}