Transparency & Governance Dossier
Leadership, Inclusion & Future Transformation Foundation is committed to being an open-book institution. We believe complete transparency creates enduring trust.
Statutory Document Vault & Status Tracker
Public Trust Constitution Deed
Statutory founding instrument establishing Leadership, Inclusion & Future Transformation Foundation as an irrevocable public charitable trust under the Maharashtra Public Trusts Act.
Section 12AB Income Tax Exemption Dossier
Formal statutory application under Section 12A/12AB of the Income Tax Act, 1961 for perpetual tax-exempt status as a charitable institution.
Section 80G Tax-Deductible Approval Filing
Application submitted for granting 50% income-tax rebate benefits to Indian donors. Complete public transparency is maintained until official certification is issued.
MCA CSR-1 Registration Filing Dossier
Registration dossier under Section 135 of the Companies Act, 2013, enabling corporate entities to deploy mandatory CSR grants into LIFT Foundation's rural programmes.
Statutory Auditor Appointment Resolution
Unanimous trustee resolution appointing an independent, certified Chartered Accountancy firm to conduct annual statutory audits and verify non-profit financial stewardship.
Our Promise: Transparency & Trust
You deserve to know that your gift is used ethically, efficiently, and effectively. At LIFT:
Every rupee serves the mission
The Trust's funds and income are dedicated strictly to its charitable objects. No funds are ever diverted for private gain.
We are non-profit, always
No trustee profits from the Trust. All programmes run free of cost or at small, subsidised rates meant only to cover direct cost.
Our accounts are audited
We keep clear records and get our accounts audited every year under the Income Tax Act, 1961, and public charitable trust laws.
Bank accounts are protected
Held in the Trust's name and operated only by two trustee signatures together, preventing individual discretion.
1. Legal Entity & Founding Information
2. Income Tax Exemption Disclosure (Section 80G & 12AB)
Important Note for Donors: The foundation has submitted its application for 80G tax-exemption certification. Until the official certificate is granted by the Income Tax Department, donations cannot currently be claimed under Section 80G. We believe in complete transparency and do not make unverified tax deduction claims.
3. Foreign Contribution Regulation Act (FCRA) Compliance
Indian Domestic Contributions Only. International / Foreign contributions cannot be accepted prior to FCRA registration under Indian law.
4. Board of Trustees & Non-Remuneration Policy
In accordance with public trust law, all trustees serve strictly on a voluntary, non-remunerated basis. No trustee or immediate relative receives director remuneration, sitting fees, or profit-sharing from foundation charitable funds.
5. Independent Statutory Audit Commitment
The foundation maintains double-entry accounting in accordance with the Institute of Chartered Accountants of India (ICAI) guidelines. Annual audited receipts and payments statements, balance sheets, and income/expenditure accounts will be filed with the Charity Commissioner, Maharashtra and uploaded publicly each fiscal year.