Focusing your CSR funds on Preventive Healthcare
CSR has been defined by the World Business Council for Sustainable Development (2000) as: “The continuing commitment by business to behave ethically and contribute to economic Social development while improving the quality of life of the workforce and their families as well as the local community and society at large”
Preventive healthcare is an important dimension of health that needs significant attention and investment from all sections of the society. It is a national health priority and a notified area under Schedule VII of the CSR Section 135 of the Companies Act.
Preventive healthcare directly improves health, well-being and productivity of community/population, families and individuals, and promotes equity by benefiting most the disadvantaged and marginalised groups. It covers range of public health activities focused on prevention of diseases, promotion of good health and strengthening of health systems.
Fund to be deployed in areas identified for CSR in Schedule VII of the Companies Act and aligned with provisions of Section 135 of the Act
- Activities implemented by not-for-profit Trust (TCF) with track record of 9+ years in priority areas of health.
- Contributions to TCF eligible for inclusion under CSR spend as per the Companies Act AND eligible for 50% deduction under section 80G of the Income Tax Act
- Registered with the Ministry of Home Affairs under Section 11 (1) of the Foreign Contributions (Regulation) Act (FCRA), 2010. It is also registered with the National Health Mission and NITI Aayog.
TCF [ Trinity Care Foundation ] is making a call to you to partner, invest in and contribute to this critical constituent of India’s health, development and future well-being.
Highlights of the Fund
- Focused on activities notified under Schedule VII of CSR section 135 of the Companies Act: Covers activities (across multiple category of promoting health, education, gender equality, and measures for reducing inequalities faced by socially & economically backward groups) and specifically those addressing (such as) ‘promoting preventive healthcare’, ‘malnutrition’, ‘safe drinking water’, ‘sanitation’, ‘improving delivery of public health systems’
- To directly and indirectly improve the health of fellow citizens, especially the socially and economically marginalised groups: This will be enabled through improvement of public health programs (e.g. on malnutrition, maternal and child health, health and pollution, mental health and disability), change in health policies (e.g. promoting gender equality, tobacco control, healthy lifestyles) and strengthening public health systems access and delivery (e.g. utilizing technology and skilled human resources to better delivery of and access to services especially primary health). Several of these areas are covered under national and state health programs
- Implemented by TCF, a not for profit Organization with more than 9 years of track record. Working as a public private initiative, TCF is supported by the government (Ministry of Health & Family Welfare) and multiple stakeholders.
- To support projects on scientific research and studies, implementation research, and awareness programs towards improvement of health outcomes: The CSR rules cover research and studies done in areas listed in Schedule VII of the CSR section of Companies Act
Options for contribution to the Fund
- Contribution can be made for specific projects/programs in identified public health priority themes that can include: Women & Child Health, Nutrition, Social Determinants of Health (Water, Sanitation), Infectious Diseases, Non Communicable Diseases, Health Informatics, Health Systems & Policy, Health Communication and Mental Health & Disability. The projects can be mutually discussed
Available Tax Benefits
- 50% weighted deduction under Section 80G for contribution out of ‘income from business or profession’,
- Registered with the Ministry of Home Affairs under Section 11 (1) of the Foreign Contributions (Regulation) Act (FCRA), 2010.
For further information or any clarification :
Please write to [ support@trinitycarefoundation.org ]
Contact:
Binu Varghese, Director- Projects (C.S.R) & Strategy
+91 9880 35 8888
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