CA India

Societies-Trust

Societies and Trust (NGO)

Societies and Trusts are legal structures commonly used for the formation and operation of Non-Governmental Organizations (NGOs) and other charitable entities. These structures provide a legal framework for organizations aiming to work for social welfare, charitable causes, education, healthcare, and other philanthropic endeavors.

Societies

A society is typically formed by a group of individuals who come together for a common charitable or non-profit purpose.

Trusts

A trust is created when a person (the settlor) transfers property or assets to a trustee or trustees .

NGOs and Charitable Activities

Societies and trusts are commonly used structures for NGOs engaged in social welfare activities,

Compliance and Registration

NGOs need to register with the appropriate regulatory authority, which varies by country or region.

Governance and Reporting

Both societies and trusts have a governing body responsible for decision-making and oversight.

Fundraising and Grants

Societies and trusts often rely on fundraising initiatives, donations, and grants from government agencies,

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Contacts

Societies-Trust

Societies and Trust (NGO)

Bansal Aman & Associats

Bansal Aman and Associates