CSR FUNDING & CORPORATE PARTNERSHIP POLICY

Giridham Art and Culture Foundation

Last Updated: 09/02/2026

Giridham Art and Culture Foundation (“Foundation”, “we”, “our”, or “us”) is a registered non-profit organization engaged in cultural preservation, art promotion, education, skill development, and social welfare initiatives across India.

This CSR Funding Legal Policy outlines the framework under which the Foundation receives, manages, and utilizes Corporate Social Responsibility (CSR) funds in compliance with applicable Indian laws.

1. Legal Eligibility for CSR Funding

Giridham Art and Culture Foundation is eligible to receive CSR funding under:

  • Section 135 of the Companies Act, 2013

  • Schedule VII – CSR Activities

  • Applicable CSR Rules & Amendments

The Foundation undertakes projects that fall within permissible CSR activity categories.

2. Registration & Compliance Details

The Foundation maintains statutory registrations required for CSR partnerships, including:

  • CIN: U85300PN2022NPL209971

  • PAN: AAJCG6817H

  • NGO DARPAN Registration

  • 12A Registration

  • 80G Registration

  • (CSR-1 Registration – Insert if available)

These registrations ensure legal eligibility to receive CSR grants and institutional funding.

3. CSR Focus Areas

CSR funds received by the Foundation are utilized for activities aligned with Schedule VII, including:

Cultural & Heritage Preservation

  • Promotion of traditional arts

  • Tribal crafts & heritage conservation

  • Cultural training workshops

Education & Skill Development

  • Vocational training

  • Art & craft skill programs

  • Youth entrepreneurship initiatives

Community Welfare

  • Rural upliftment

  • Women empowerment programs

  • Livelihood development

Environmental Sustainability

  • Natural resource awareness

  • Eco-cultural initiatives

  • Sustainable craft practices

4. CSR Project Implementation Models

The Foundation undertakes CSR projects through:

  • Direct implementation

  • Corporate partnerships

  • Joint program execution

  • Grant-based funding support

  • Employee volunteering programs

5. Utilization of CSR Funds

CSR funds are:

  • Used strictly for approved project purposes

  • Not diverted for non-charitable activities

  • Not distributed as profit/dividend

  • Managed through dedicated project accounts (if required)

Administrative expenses are maintained within statutory CSR limits.

6. CSR Due Diligence & Documentation

Corporate partners may conduct due diligence including:

  • Registration certificates

  • Financial statements

  • Audit reports

  • Activity reports

  • Impact assessments

  • Board details

  • Compliance filings

The Foundation cooperates fully with all lawful due diligence requirements.

7. Monitoring & Reporting

To ensure transparency, the Foundation provides:

  • Project proposals

  • Budget utilization reports

  • Quarterly/annual progress reports

  • Impact assessment reports

  • Photographic/video documentation

  • Beneficiary data (non-sensitive)

8. Financial Governance

CSR funds are governed by:

  • Internal financial controls

  • Board oversight

  • Chartered Accountant audits

  • Statutory filings

Separate accounting may be maintained for CSR-funded projects where required.

9. Branding & Visibility

Corporate partners may receive recognition through:

  • Co-branding on project materials

  • Event acknowledgments

  • Website & social media mentions

  • Impact reports

Brand usage shall comply with mutual written agreements.

10. Prohibited Use of CSR Funds

CSR funds shall not be used for:

  • Religious or political activities

  • Personal benefit of trustees/staff

  • Profit-generating commercial ventures

  • Activities outside Schedule VII

11. Termination / Withdrawal of CSR Projects

Either party may terminate CSR partnerships in case of:

  • Breach of agreement

  • Regulatory non-compliance

  • Misuse of funds

  • Force majeure events

Utilization up to termination shall be reported transparently.

12. CSR Agreement & MoU

All CSR collaborations shall be governed by formal documentation, including:

  • Memorandum of Understanding (MoU)

  • Grant Agreement

  • Project Scope Document

  • Budget Annexure

  • Reporting Framework

13. Tax & Regulatory Compliance

CSR contributions are treated as corporate social expenditure under the Companies Act.

Tax exemptions to donors depend on:

  • 80G eligibility

  • Income Tax provisions

  • Corporate accounting treatment

14. FCRA Compliance (If Foreign CSR)

Foreign CSR funding shall be accepted only in compliance with FCRA regulations and designated bank accounts.

15. Policy Amendments

The Foundation reserves the right to amend this CSR Policy in accordance with legal, regulatory, or operational requirements.

16. CSR Contact Details

Giridham Art and Culture Foundation

📍 Office Address:
Unit No. 259,
New Ashriwaad Industrial Estate No. 5,
Ram Mandir Cross Lane,
Goregaon (West), Mumbai – 400104

📞 +91 9969456938
📞 +91 8904011789
📞 +91 9591666047

📧 Email: giridhamacf@gmail.com