Program for Wellbeing and Sustainability (PWS)
Resources
Resource Generation
PWS strives to generate resources for achieving its institutional objects mainly through:
- Seeking contributions, donations, grants (in cash or in-kind) from lawful sources.
- Managing the generated financial resources in bank accounts in the name of the company for purposes framed in the Memorandum of Association (MoA).
- Acquiring, handling in all legal forms any property, rights and privileges whatsoever for any of the objects or purposes specified in the MoA.
- Borrowing or raising money for the promotion of the company’s objects.
- Using possible resources of PWS to legally pay back the amounts borrowed (if so)
- Investing the surplus money of the company (if so) in a manner as may from time to time be determined by the company.
- Creating/establishing and managing an endowment fund for the promotion of the objects of the company
Other means for achieving the institutional goals of PWS
The management team of the organization with the support of the BoD will make efforts to achieve the objects by:
- Collecting contributions from the Board of Directors.
- Representing the company at conferences,government bodies, and other gatherings as well as organizing/holding seminars, symposiums, workshops, and other such activities.
- Co-operating with other charitable trusts, societies, associations, institutions or companies formed for all or any of the PWS’s objects and statutory authorities operating for similar purposes and to exchange information and advice with them.
- Signing cooperative/other agreements with organizations, institutions, bodies and individuals for the purpose of carrying outthe functions and activities of the company
Taking actions considered necessary for the promotion of PWS and its objects.