tax benefit: 50%
Most NGOs maintain a General Fund. General Fund is not earmarked money, it is used for expenses incurred from the NGO’s own resources that no donor is covering (for example overheads/ administrative costs usually fall under an NGO’s General Fund expenses). General Fund donations are an important source of money to NGOs as it helps them meet expenses critical to their work and helps them support various projects undertaken by them.
Most NGOs maintain a General Fund. General Fund is not earmarked money, it is used for expenses incurred from the NGO’s own resources that no donor is covering (for example overheads/ administrative costs usually fall under an NGO’s General Fund expenses). General Fund donations are an important source of money to NGOs as it helps them meet expenses critical to their work and helps them support various projects undertaken by them.