Mitra for Aged, an NGO based in Nagpur, was set up by Miraj, to take care of aged and elderly destitute. Though Miraj had been funding the NGO with his sources, he was now exploring if he could get some funds, given the

While accepting foreign contributions, NGOs/Trusts/Societies may note the following: Do not mix Foreign Contribution with Domestic Receipts Do not transfer funds from FC Bank to Non-FC (even Direct Bank Transfer) Books of Accounts must be separate for foreign and domestic contribution. Keep separate Cash Box (it shows good cash control system) Do not deviate from the Purpose of the Grant Make sure while getting FC funds that the purpose is crystal clear for what purpose it is received Make sure that you used these funds for the very specific purpose Avoid Cash Payments. This requires extra efforts on the part of the organization to develop Financial Control System in such a way to encourage Bank Payments through "Account Payee" cheques only. Do not invest FC funds in Mutual Funds or Speculative Investments Do not receive foreign contribution directly in the utilization account(s) of the association/ NGO/Society/Trust Do not mix foreign contribution with domestic funds Do not hide amount, source and manner in which the foreign contribution/remittance was received Do not avoid filing mandatory FC annual returns in electronic form Do not indulge in making of false statement, declaration or delivering false accounts Do not act in contravention of any provision of the FCRA, 2010