{"id":24409,"date":"2021-01-18T15:45:13","date_gmt":"2021-01-18T10:15:13","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=24409"},"modified":"2021-01-18T15:45:15","modified_gmt":"2021-01-18T10:15:15","slug":"eligibility-conditions-to-acquire-funding-for-ngo","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/eligibility-conditions-to-acquire-funding-for-ngo\/","title":{"rendered":"Everything you Need to Know about Eligibility Conditions to Acquire Funding for NGO"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Non-Governmental Organizations aim to create awareness among the people in regard to the various social factors such as rapes, acid-attacks, animal cruelty, education, environment, etc. These organizations function on a non-monetary basis hence, they are also known as Non-Profit Organizations. In this article, we are going to learn about the conditions that are required to be fulfilled to acquire Funding for NGO.<\/p>\n\n\n\n<p>The\nWorld Bank states that these organizations pursue and conduct activities that\nprovide aid to relieve people&#8217;s suffering, promote the interests of the poor,\nprotect the environment, provide basic social services or undertake community\ndevelopment.<\/p>\n\n\n\n<p>Numerous registered or unregistered NGOs (Non-Government Organizations) have been formed over the years and they indeed play a crucial role in the upliftment of the society. However, it is always recommended to get an <a href=\"https:\/\/corpbiz.io\/ngo-registration\"><strong>NGO registered<\/strong><\/a> to utilize the benefits provided by the government and to attain legal status. The registration of an NGO is also the foremost condition that entitles it to raise and receive funds for its smooth functioning.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/full-guide-ngo-registration-types-and-benefits\/\">Guide on NGO Registration: Types and Benefits<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Criteria\u2019s\nUnderlining the Funding for NGO<\/h2>\n\n\n\n<p>In general, for a non-profit organization, there are certain criteria which are required to be fulfilled in order to raise or receive funds from a national or an international source or both. <\/p>\n\n\n\n<p><strong><em>Given below are the essential conditions to acquire funding for NGO-<\/em><\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/01\/Everything-you-Need-to-Know-about-Eligibility-Conditions-to-Acquire-Funding-for-NGO.png\" alt=\"essential conditions to acquire funding for NGO\" class=\"wp-image-24411\" width=\"547\" height=\"372\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/01\/Everything-you-Need-to-Know-about-Eligibility-Conditions-to-Acquire-Funding-for-NGO.png 985w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/01\/Everything-you-Need-to-Know-about-Eligibility-Conditions-to-Acquire-Funding-for-NGO-300x204.png 300w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/01\/Everything-you-Need-to-Know-about-Eligibility-Conditions-to-Acquire-Funding-for-NGO-768x522.png 768w\" sizes=\"(max-width: 547px) 100vw, 547px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">NGO should be registered<\/h3>\n\n\n\n<p>For an NGO to raise or receive funds, it must have a legal status meaning that it must be registered as a <a href=\"https:\/\/corpbiz.io\/trust-registration\"><strong>trust<\/strong><\/a>, company or a society. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Proper Grounds of Working<\/h3>\n\n\n\n<p>The\nNGO should have a constitution to abide by. There should be certain rules and\nregulations which must be followed for the smooth and fair functioning of the\norganization. The objectives of an NGO should be properly specified in the\nMemorandum of Association and Articles of association.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Managing Body to Receive Funding for NGO<\/h3>\n\n\n\n<p>An\norganization should have a managing body that governs it. The appointed body\nshould have the authority to conduct the activities and affairs of the\norganization. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Non-Profit Motive<\/h3>\n\n\n\n<p>An\norganization registering itself as an NGO should run on a non-profit motive.\nThe organization must conduct activities that support the cause for which it\nwas formed, and even if the organization is involved in some kind of business,\nthen also, the profit earned from the business must be invested in the working\nof NGO and should not be distributed as dividends among the members of the\norganization. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Involvement of Volunteers<\/h3>\n\n\n\n<p>There\nshould be active volunteers in an NGO who are genuinely interested in the welfare\nprograms of the organization and should be able to attract more and more\nvolunteers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">No Discrimination by\nthe Organization<\/h3>\n\n\n\n<p>A\nnon-profit organization should render services without any discrimination based\non caste, creed or religion. Their only motive should be to serve the humanity.\nIt should not promote the interest of any political party and should aim at\ntreating the target group in a judicious manner without exploiting the\nresources of the organization.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Credible Past Records<\/h3>\n\n\n\n<p>In\ngeneral, the organization\u2019s that have credible records received funds easily.\nAdmirable services and non-discriminatory nature are a contributing factor when\nit comes to donating funds to an organization. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Promotional\nActivities<\/h3>\n\n\n\n<p>It\nis mandatory for the organization to participate in promotional activities of\nself-help groups. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Secular and Non-Political\nApproach <\/h3>\n\n\n\n<p>A non-profit organization should have a secular approach and should not be associated with any <em><strong>political party<\/strong><\/em><sup><a href=\"https:\/\/simple.wikipedia.org\/wiki\/Political_party\"><em><strong>[1]<\/strong><\/em><\/a><\/sup>. Non-profit organizations should not promote any political party and must follow a fair approach while working for the betterment of the society. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Independent<\/h3>\n\n\n\n<p>A\nnon-profit organization should work independently. All the NGOs are independent\nfrom government control that works for non-for-profit purpose.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Non-Governmental\nBody<\/h3>\n\n\n\n<p>The\nstaff of the organization must belong to the private sector. The sources of\nfunds must not come from governmental body. The deployed staff must have\nrequired skills, and they should have knowledge of the local language of the\nplace where the organization is located. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Effective Monitoring\nand Book-Keeping <\/h3>\n\n\n\n<p>A\nnon-profit organization should keep an eye on the activities of the\norganization and the financial records of the organization must also be\nmaintained properly. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">No Law Suits<\/h3>\n\n\n\n<p>There\nshould be no court cases running on the organization, if there are any, then it\nmay arise doubt on the credibility of the organization. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Administrative\nPolicies<\/h3>\n\n\n\n<p>The\norganizations must have clear administrative policies that includes the\nremuneration, recruitment, transfer, salary etc. of the staff. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Mind Mapping before\nFormation<\/h3>\n\n\n\n<p>&nbsp;It should have a clear vision, mission and\ngoals to achieve. There should be different strategies and a proper mechanism\nshould be followed to thrive towards the objective of the organization. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Physical Presence<\/h3>\n\n\n\n<p>An\norganization must be physically present and should have an office to attend the\nvictims or help seekers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p>In\ntoday\u2019s world, society tends to change significantly and people are aware of\nthe requirement of social interaction. Accomplishment of social needs is an\nutmost priority in the present scenario. In order to accomplish those needs and keeping up with the change, society needs\ndevoted, resolute and responsible non-profit organizations as well as leaders.<\/p>\n\n\n\n<p>Hence, there is a need for Non-Governmental organizations to be credible, effective, productive and righteous. For effective running of an organization, funding for NGO is an essential element. In order to receive funds, the above stated conditions must be fulfilled by an organization. To know more about NGO Registration, contact <a href=\"https:\/\/corpbiz.io\/\"><strong>Corpbiz<\/strong><\/a>.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/online-ngo-registration-and-legal-procedure\/\">NGO Registration \u2013 Step by Step Procedure<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Non-Governmental Organizations aim to create awareness among the people in regard to the various social factors such as rapes, acid-attacks, animal cruelty, education, environment, etc. These organizations function on a non-monetary basis hence, they are also known as Non-Profit Organizations. In this article, we are going to learn about the conditions that are required to [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":24410,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[1442],"acf":{"service_id":"407"},"authorName":"Sakshi Srivastava","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/IMG-20180130-WA0007.jpg","authorDescription":"Sakshi has pursued B.B.A.LL.B.(IPR Hons.). She is an avid reader and is keen to gather and share her knowledge on the subjects relating to IPR, Company Law and GST. Priorly she has worked as a legal researcher and vide her articles she aims at improving the core knowledge of the subjects to the masses.","postViews":5580,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/24409"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=24409"}],"version-history":[{"count":5,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/24409\/revisions"}],"predecessor-version":[{"id":24416,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/24409\/revisions\/24416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/24410"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=24409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=24409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=24409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}