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To be sustainable in the long run, all NGOs maintain a Corpus Fund. Usually the interest (that accrues on this amount) but sometimes the principal amount itself is used as and when the NGO deems necessary. Possible purposes of utilisation of this fund are decided at the beginning of every financial year as per the NGO's corpus fund policy. These include funding of projects, payment of staff salaries, contingencies etc. This information is submitted to us and is readily available to share with donors who contribute towards an NGO's corpus fund which is why donors receive a Corpus Fund feedback immediately.
Every individual donation made towards an NGO's corpus fund collects in this account and the accumulated amount is eventually utilised for a specific purpose. That's why every donation made towards an NGO's corpus fund receives the same feedback. |