Terms and Conditions of Nalanda Social Charitable Trust
- Purpose and Scope: The Nalanda Social Charitable Trust (NSCT) is established to promote social welfare, charitable activities, and community development across India. All activities undertaken by NSCT shall align with its stated objectives and shall be conducted in accordance with applicable laws and regulations.
- Membership and Governance:
- Membership to NSCT shall be open to individuals and organizations who share its vision and mission, subject to approval by the governing body.
- The governing body of NSCT shall consist of duly elected members who shall oversee the activities and operations of the trust.
- Members of NSCT shall adhere to the principles of transparency, accountability, and ethical conduct in all dealings and interactions.
- Financial Management:
- NSCT shall maintain accurate financial records and accounts of all transactions, donations, and expenditures.
- Financial audits shall be conducted periodically to ensure transparency and compliance with financial regulations.
- Donations to NSCT shall be used solely for the purposes outlined in its objectives, and donors shall be provided with regular updates on the utilization of their contributions.
- Project Implementation:
- NSCT shall undertake projects and activities aimed at community development, healthcare, education, environmental conservation, and other areas of social welfare.
- Project proposals shall be evaluated based on their alignment with NSCT’s objectives, feasibility, and potential impact.
- Proper planning, monitoring, and evaluation mechanisms shall be put in place to ensure the effective implementation of projects and programs.
- Partnerships and Collaborations:
- NSCT may collaborate with government agencies, NGOs, corporate entities, and other stakeholders to achieve its objectives.
- Partnerships and collaborations shall be based on mutual respect, shared goals, and a commitment to transparency and accountability.
- Conflicts of Interest:
- Members of NSCT shall disclose any potential conflicts of interest in relation to their roles and responsibilities within the trust.
- Decisions involving conflicts of interest shall be made transparently and with the best interests of NSCT and its beneficiaries in mind.
- Compliance and Legal Obligations:
- NSCT shall comply with all applicable laws, regulations, and guidelines governing charitable trusts and non-profit organizations.
- Any legal disputes or conflicts shall be resolved through peaceful and lawful means, with the aim of protecting the interests of NSCT and its stakeholders.
- Amendments and Modifications:
- These terms and conditions may be amended or modified by the governing body of NSCT, provided that such changes are made in accordance with the trust’s constitution and applicable legal requirements.
By becoming a member or donor of NSCT, individuals and organizations agree to abide by these terms and conditions and support the trust in its mission to promote social welfare and community development.