Board Resolution for Donations and Charitable Contributions

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Document Overview

A Board Resolution for Donations and Charitable Contributions is a formal written decision by the Board of Directors of a company or NGO that authorizes the organization to make financial or in-kind donations to support charitable, social, or community initiatives.

Purpose of the Resolution
1. Ensures that all donations are approved in accordance with the Companies Act, 2015 and any other regulatory requirements.
2. Demonstrates that donations are made with board oversight, which is important for accountability to shareholders, members, or donors.
3. Affirms the company’s or organization’s commitment to Corporate Social Responsibility (CSR), social impact, and giving back to the community.
4. Empowers specific officers to carry out the donation (e.g., issue payment, sign letters, deliver goods, etc.).
5. Creates a paper trail for auditing, tax compliance, and internal records.

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Board Resolution for Donations and Charitable Contributions

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