tax benefit: 50%
Corpus Fund is considered to be the capital of the organisation. The Fund is generated and kept by us for the sustenance and existence of the organisation. The Corpus Fund is of paramount importance to the organisation as it helps us during the times of distress. Only the interest/dividend earned from it is utilized for general purposes. It is required for the smooth sustenance of the organisation. We are currently trying to build a Corpus Fund of 12 months’ of expenditure of the organisation thereby ensuring a smooth sustenance. It will help reduce financial vulnerability and thereby help us achieve our goals.