- All projects should be charitable in letter and spirit.
- Beneficiaries of any project should be wide range of people without any bias towards race, religion, creed or caste.
- All projects should only be in Tamil Nadu except in situations where humanitarian services are required in other parts of India or other countries due to major natural disasters or calamities.
- The body that implements the project in Tamil Nadu should be a non-profit trust registered as an 80G certified trust by the Government of India. (80G certification by Government of India is US equivalent of certification as a non-profit organization) In the absence of a non-profit trust, TNF Chennai Chapter will implement the project with the co-operation of individuals designated by the sponsor of the project as local co-coordinators.
- Funds could be directly sent to the designated trust if the trust has FCRA (Foreign Contribution regulation Act) approval from Government of India.
- In the absence of FCRA approval, funds will be maintained at the TNF Tamil Nadu Chapter and distributed as per agreement and understanding with the recipient trust. Generally monies are disbursed on submission of bills, invoices etc. Sometimes payment would be sent directly to vendors, billers and in some instances directly to individuals for their services or as an individual beneficiary.
“The service fee for all projects would be 5% of all the amounts contributed towards the project. For ongoing projects the minimum contribution has to be at least $ 5000, which could be paid in two installments over a two-year period. This amount will be held in an interest bearing bank account of TNF-Tamil Nadu Chapter and the interest generated will be used towards the sponsor’s project to fulfill the project goals. After the first year, 5% of the interest earned will be the service fee per year, as long as the project is in continuum.”
- Only a member in good standing can sponsor a project.
- The person sponsoring the project is solely responsible for funding the project. However he can solicit donation from other people (members as well as non-members) towards this project.
- The individual should submit the project application along with a description of the project to the Board for approval and provide all the support documents such trust deeds, registration papers, 80G certification papers and other necessary documents as requested by the Board.
- The individual should identify the trust and or an individual who will implement and complete or oversee the implementation and running of the project.
- The Board has the right to find facts and verify the authenticity of the trust and the credentials of the person who would be in charge of the project.
- The sponsoring member is responsible for providing follow up report on the project.
- The Board reserves the right to periodically inspect, verify and require progress reports about the projects.