CSR Fund Utilization and Reporting Policy

To set how CSR funds received for a specific project are tracked, spent and reported back to the corporate partner.

Key provisions

Each CSR project is tracked against its own approved budget, separately from general Trust funds
Utilisation reports are issued on the schedule agreed in the project MoU, with supporting invoices and expense evidence available on request
Unspent CSR amounts at the end of a reporting period are flagged to the corporate partner promptly, not carried silently
An independent verification or impact assessment is arranged where the corporate partner's own policy or the applicable rules require it

Escalation

CSR reporting queries go to the CSR Manager, then to Finance.

Policy record

Classification	Operationally necessary, supporting the corporate donor's own obligations under the Companies (CSR Policy) Rules 2014
Applicable legal references	Companies Act 2013, Section 135, Companies (CSR Policy) Rules 2014, as amended
Responsible role	CSR Manager
Approval authority	Board of Trustees, Dev's Foundation Trust
Status	Draft, not yet approved by the Trustees
Version	0.1, draft
Review schedule	Annually, or on a relevant change in law

This is a draft policy template written for site structure purposes. It has not been reviewed by a lawyer. Please have it checked against applicable Indian law, including the Digital Personal Data Protection Act 2023 where relevant, before publishing it as the Trust's actual policy.