HCL Grant is now open for NGOs working in the field of Education, Health and Environment with experience of implementing projects in rural India.
This grant encourages organisations from all over India to apply with innovative, replicable and sustainable models, which can make significant contribution towards rural development.
Objectives
HCL Grant has following specific objectives:
Funding Information
- ₹5 Crore Grant each, to 1 HCL grant winner NGO, in each category.
- ₹25 Lakh Grant each, to remaining 2 HCL grant finalist NGOs, in each category.
Eligibility Criteria
- The organization must be a registered not for profit entity in India i.e. either a Society or a Trust.
- The organization must have registered u/s 12A of The Income-tax, 1961.
- The organization must have registered u/s 80G of The Income-tax, 1961.
- The organization must have registered with the Ministry of Corporate Affairs as CSR. Implementing Agency through Form No. CSR-1.
The organization must have the below-mentioned functional existence in India on or before 31st March 2022: - If applying under Education and Health category – minimum 10 years or above
- If applying under Environment category – minimum 5 years or above
- The organization must have mentioned average expenditure for the last three financial years viz. 2018-19, 2019-20 and 2020-21:
- If applying under Education and Health category – minimum ₹ 1 Crores or above
- If applying under Environment category – minimum ₹ 0.50 Crores or above
The organization must be in full compliance with applicable regulatory rules and must have valid documents for registration, audited financial reports, etc. Further, the organization must have valid and timely submissions for requisite statutory and regulatory compliances.
For more information click "LINK TO ORIGINAL" below.