Thursday, October 19, 2006

Helping Minds registered as Trust

Helping Minds crossed a major milestone this week when we completed formalities for registering the group as a Trust. We received the documents from the registration office yesterday. I hope you are aware that until now, Helping Minds has been registered as a Social Welfare Association.

As we grow at good pace, thanks to the many like minded people around, we wanted to streamline our processes, have clearer vision and be a position to provide tax benefits to our members. So, after taking suggestions from other NGOs, we concluded that registering ourselves as a trust would be a better option.

Now that we are a trust with identified trustees, we will be able to function better and also work towards getting 12A (tax benefits for the trust) and 80G registration (tax benefits for the members) done for HM.

I sincerely thank all, especially Muppitathi and Sankar, for putting up special efforts in coordinating with the auditor in making this happen.

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