Utilization of Fund and Property:

  1. In order to be able to fulfill objectives of the Foundation,the Foundation will generate funds and acquire properties and use the same towards the promotion,attainment and maintenance of the objectives of the Foundation and create and provide funds to apply the same as the Foundation May deem expedient for the fulfillment of its aims and objectives.Fund and property of theFoundation can also be spent for the purpose of disbursing administrative and operating expenses to implementing aims and objectives of the Foundation.
  2. Pay out the funds of the Foundation or out of any particular part of such funds all expenses incidental to the formation and management of the Foundation or of administering any special trust or otherwise carrying out of any of the forgoing objects including the payments for the salaries,wages and allowance to persons employed and also disbursement of remuneration/honorarium to any assigned Board of Governors Member,the ExecutiveCommittee Members,General Member or Advisory Council Member to attain the objects of the Foundation.However,under no circumstances,no portion thereof shall be paid or transferred by way of profit or dividend to the members of the Foundation.