Details
of fund and Resource requirement:
How Funds and Resources are utilised:
We appeal to our
donors for donating the funds to
OM CREATIONS in accordance
with our requirement towards:
Corpus Fund/Building Fund
Procurement of Capita Assets viz
a) Equipment / Machinery,
b) Furniture / Fixtures
c) Electrical installations d) Heavy repairs, renovations and restoration
Raw materials procurement, Consumables of Om Visual Arts &
Om Food Division Packing materials Electrical appliances for Om foods &
om visual crafts division. Working capital requirement Civil structural repairs/ Renovation to
building Refurbishing/ Upgradation
of
Arts/ Food Division Project funding viz : Training for
Educational Rehabilitation
of Mentally Challenged
& Down Syndrome Women. Corpus Fund/ Building Fund. Funding for Personnel/ Salaries to staff
and students stipends Funding Raising for Marketing
techniques/ strategies ; sales
promos activities; product endorsement
by celebrities/
organising sports events;
Exhibitions/ stalls display;
demonstrations
in Academic Institutions/
public Malls/ clubs/ Housing
Projects etc. Marathon Event Sponsorship: Sponsorships
requested from corporates/
individuals/ Institution for the
event organised by STANDARD CHARTERED
MUMBAI MARATHON for 2008
and following years.
OM CREATIONS
has devised a standardised procedure of utilising
the funds according to the Funds earmarked for the
said purpose and in accordance with the appeal made.
The Accounting of the said Fundings Received is
done on the basis of fund being utilised for the
purpose earmarked by debiting the expenditures to
the relevant budget source for which said funding
is received.
Also our Funding source
is categorized on basis of
FCRA and Non FCRA Fundings
i.e foreign Fundings and domestic ( general ) Funding.
Click
here for details
