The Companies ACT 2013 has mandated the corporate to make their contribution to the betterment of society and the environment, They have to spend their part of the income as their responsibility towards society.
Section 135 of the act asserts that companies with a net worth of INR 500 crores or more or a turnover of INR 1000 Crores or more net profit of INR five crores or more, during any financial year should from a CSR committee and fulfill other CSR related requirements. Corporates have to spend 2% of their net profit for the social activities in pursuance of CSR policy.
CSR IN DREAMZ
Organising Identity
Organising System
Organizing Accountability
Organising Transactivity
THE CSR COMPONENT
Recognise our Identity
We would love for you to know our organization through our website www.dreamzfoundation.org, and if you would download and read our newsletters.
Collaboration
Our Teams and groups collabrate to brainstroms and discuss needs and then come up with the proposal. The reserve engeering concept helps us to actually implement the need and see result.
Reporting
Our Teams are trained to report and set agenda on weekly/ monthly basis at various levels and they have their reporting system intact.
Impact Measurement
Our Teams present the report at peridic intervals/ interim reports, as agreed with the donor to measure the quantitative and quantitative reports.
Transparency
Billing and audit is according to the government norms. Accounts details on the contribution will be submitted to the donor upon request.
Stakeholder Involvement
From the time a proposition is conceived to its implementation and results, we believe in Stakeholders involvement in the project, which determines the success and how the projects can improve.
Partnership
We believe on leveraging on the strengths of meaningful partnerships and weighing the outcomes of outsourcing vs managing jobs.
one of our admin team members will be designated to communicate with you throughout the tenure of the project to answer the questions and doubts of the donor