General Fund

1,000.00

Most NGOs maintain a general and corpus fund. General fund is not earmarked money. It is a reimbursement of expenses incurred from the NGO’s own resources that no donor is covering (for example overheads/ administratiive costs usually fall under an NGOs general fund expenses). The NGO, ASHWINI working primarily in Health decides how they would like to spend from this fund. However, the NGO must ensure that general fund donations are used for activities that provide relief to the poor only. General fund donations are an important source of money to NGOs as it helps them meet expenses critical to their work

Category: