Such donations are added to Individual Corpus Fund, Specific Funds, Earmarked Funds or General Corpus Funds. In case of General Corpus Fund and Individual Corpus Fund, total amount of donation is invested in the investment options as approved under Bombay Public Trust Act, 1950 or by the State or Central Govt only. The interest earning from such investments is used for the purpose as specified by the donor. Written consent of donor is essential for any contribution to Corpus Fund
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The donor is welcome to donate funds for the use of any specific purpose and the amount that shall be transferred to Specific Fund and use for designated purpose only. The most preferred purpose are cataract surgeries, education, scholarship, meals to our students, kearatoplasy and education of children with multiple disabilities.
The principal amount shall be donated in permissible donation options. The interest earnings form the Fund shall be used for the purpose as desired by the donor. Each donor shall be provided report on performance of such Fund every year.
