1. Financial Statements of NGOs and Charitable institutions Presentation By CA. Vittal Rao.L

2. Introduction A Non Government organisation (NGO) is an association of persons formed mainly for the purpose of serving the cause for which it is intended. Objects are to be seen at Memorandum of Association or Deed of formation.(Society/Trust/Sec. 25 of Comp. Act) The causes to be served may be: »Education »Health »Social development »Charity »Sports »Recreation »Arts »Science »Culture »Religion etc.,

3. Introduction contd.. There are number of NGOs such as »Hospitals »Libraries »Sports & recreation clubs »Educational institutions »Scientific associations »Charitable institutions »Orphanages etc.. engaged in special type of activities by which they render service to the community without aiming at any profit.

4. Introduction contd.. “ Man does not live by bread alone ” Welfare mixed economy Hence, there are NGOs which carry on their activities and programmes for the purpose of rendering services to the beneficiaries /members. Resources : The resources of NGOs consists mostly of:- –Donations - General or special/specific –Legacy –Endowments –Proceeds of lecture –Subscription –Entrance fee –Interest on SB and Fixed Deposits

5. International Charity-flow (for social development projects) Diagrammatic representation OOOOOO OOOOO OOOO OOO OO O International NPO Local Indian NPO OOOOOO OOOOO OOOO OOO OO O (Bi-lateral co-operation agreement ) Donors Benefactors Abroad Beneficiaries in India - community