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Main discussion points from CSR Funding Session �by Sarika Kulkarni – Raah Foundation

  • GoI list of Aspirational Districts will get major portions from CSR funds
  • Inability of development sector to absorb the CSR Funds – creating a big gap
  • Out of 2.5 lac registered NGOs, less than 20 are above 100 crores, <200 are above 10 crores, creating a large gap in capacity of NGOs
  • The next wave of mandates will be ESG Integration, Long Term Impact Investing and Multi-stakeholder Outcomes.
  • More than 1/3rd of CSR funds go to projects with Pan-India scope
  • Mfg. companies spend their CSR money around their factories
  • Phenomenal Opportunity: >50% of the projects (~94,000 Crores) are executed through implementing agencies (NGOs)
  • Companies with their own foundation usually do not fund implementing agencies.
  • Always know the Company’s mandate before approaching for CSR funding.

*Only Akshayapatra with 850 crores spending is the largest NGO catering to 2% of the need.

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Main discussion points from CSR Funding Session �by Sarika Kulkarni – Raah Foundation Contd…

  • To get funding an NGO should be:
    • > 3 Yrs old
    • Clear Vision and problem solving approach and denominator thinking
    • Registered on NGO Darpan, CSR-1, Guidestar India Certification, Charity Navigator
    • Financial Discipline & Compliances
    • Strong Theory of Change
    • Strong Advisory Board and Leadership Team
  • Identify correct Donor with proper research

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Main discussion points from CSR Funding Session �by Sarika Kulkarni – Raah Foundation Contd…

  • Have a clear collaborative stakeholder mapping, engagement & creating a shared vision
  • Government Liaising & Partnerships (Govt. Schemes, NGOs, CBOs, Instt, Univ, ..)
  • Community Capacity Building for creating Stewards
  • Strong Documentation process (utilization reports, accounting, pics, case studies, stories, videos, newsletters,….)
    • Activity Report – Monthly
    • Fund Utilization Report – Quarterly
    • CA Certified FUC, Financial Audit, 3rd Party Impact Audit - Yearly
  • 3rd Party impact evaluation practice

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Main discussion points from CSR Funding Session �by Sarika Kulkarni – Raah Foundation Contd…

  • Plan for employee engagement for various events from the CSR funding companies
  • Have transparent systems and processes
    • Policies (Prevention Of Sexual Harasssment, Child Protection, Safety, …)
    • Procurement Policy
    • Project Management System
    • M&E system
    • Solution Orientation
    • Regular Newsletters and Communication

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Be Fundable and Be Findable

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