csr and ngo,csr funds for ngos 2021

Corporate Social Responsibility (CSR) plays a pivotal role in supporting Non-Governmental Organizations (NGOs) in their efforts to address social, environmental, and economic issues. In 2021, CSR funds were increasingly allocated to NGOs as a way for businesses to contribute to the well-being of society. Under India's Companies Act, 2013, businesses with a net worth of over ₹500 crore, turnover of ₹1000 crore, or net profit of ₹5 crore or more are mandated to spend at least 2% of their average net profit over the last three years on CSR activities. These funds are often directed towards projects run by NGOs that focus on education, healthcare, rural development, environmental sustainability, and other critical areas. In 2021, the focus was on COVID-19 relief efforts, including vaccination drives, food distribution, and support for healthcare infrastructure, with NGOs playing a central role in delivering these essential services to the community. CSR funds are crucial for NGOs to scale their impact, build resilience in local communities, and drive sustainable change.