the fifth es
tate
22
AP
PLICANT ORGANIATION
1. e organization must have adequate experience of working in rural areas in India.
2. e bye-laws of the organization must allow it to undertake a project in the proposed thematic category.
3. e organization must have a good rapport with local administration in the proposed project’s location.
4. e organization, including its governing body members, must not have any pending litigations.
5. e organization must not be blacklisted by any government agency/department/ministry, donor, or
international agency.
6. e organization, including governing board members, must not have any negative media coverage, or
any other controversy associated with it.
7. e organization must not have any political or religious affiliations.
8. e organization (if announced as winner or runners-up) must open a separate and new bank account for
HCL Grant funds.
PROPOSED PROJECT
1. e proposed project must be in line with the provisions of Schedule VII of Section 135 of e
Companies Act, 2013, and the CSR Rules, 2014, and its amendments / clarifications.
2. e proposed project must be in rural area/s.
3. e proposed project must be designed for direct implementation by the applicant organization. Sub-
granting of HCL funds is not allowed.
4. e proposed project (in each category) must be designed for a grant amount of
`
5 Crores for a period of
3 to 5 years.
5. e grant amount must not be used solely for infrastructure development such as construction,
renovation, purchase of fixed assets like land, buildings and vehicles, among others. urther, proposed
infrastructure development costs must be spent in line with project objectives and activities defined.
6. e Grant can be used to scale-up an existing project or for a new project where co-funding is
involved. However, HCL must be apprised of all funders and stakeholders in advance. Additionally, the
organization must be able to report the utilization, outreach and impact achieved specifically through the
HCL Grant amount.
P
REREQISITES
E
LIGIBILITY CRITERIA
1.
e organization must be a registered not for profit entity in India i.e., either a Society or a Trust or a Section
8 (previously Section 25) company or any other organization (if allowed to receive CSR funding by a relevant
government body in line with Section 135 of e Companies Act, 2013).
4.
e organization must have the below mentioned average expenditure (as per income and expenditure
account) for the last three financial years viz. 2016–17, 2017–18 and 2018–19:
•
If applying under Education and Health category – minimum
`
1 Crores or above
•
If applying under Environment category – minimum
`
0.50 Crores or above
2.
e organization must have registered u/s 80G of e Income tax, 1961.
5.
e organization must have the below-mentioned functional existence (as per their registration certificate) in
India on or before 31 March 2020:
•
If applying under Education and Health category – minimum 10 years or above
•
If applying under Environment category – minimum 5 years or above
3.
e organization must have registered u/s 12AA of e Income tax, 1961.
6.
e organization must be in full compliance with applicable regulatory rules and must have valid documents
for registration, audited financial reports, etc. e organization must have valid and timely submissions
(wherever applicable) for – income tax, employee provident fund, professional tax, minimum wages, employee
state insurance, goods and service tax, and CRA and/or other relevant regulation depending on the nature of
funding/donations it receives.