Disbursing a fund is to pay out in a meaningful and constructive manner for the benefit of individuals and communities. Managing the set-up are a group of respectable members of a society. After evaluation the charity sees to it that a particular sum of money is set aside as it sees fit.

A fund can be in anyone’s name provided it meets certain criteria. Notably, that the person has accomplishment deemed fit and appropriate in a given context. And that his/her reputation is outstanding and noteworthy. In any event, the fund is raised through donations, economic activities and self-perpetuating means. Everything possible is done to ensure that the money deposited increases in a proportional manner.

Coming together to oversee the funding are its immediate members who are personable in their own rights. They disburse the fund in a coordinated manner and not out of selfish reasons. Their honesty and altruism makes sure that every measure is taken so that no needy is left out.

A fund entrusts men and

women chosen for their contributions to society to step forward and

assume responsibilities.

This means that they are willing to fulfill a moral obligation and forego the comforts and conveniences of life to work for the benefit of others. Coming from all walks of life they devote their energies and take the time and trouble to be of service.

To make sure that every rupee spent is accounted for they maintain a record and conduct themselves in a befitting transparent manner.

Only those who are privy to its

workings are trusted so there is no case of embezzlement.

Certain sections of society are

privileged to have a bonding with

the fund aimed at carrying of

functions - a gathering of information and setting down a set of rules concerning its operations. And

everyone associated come under its aegis to promote its welfare, security and financial status. Plans are implemented in a routine manner and policies updated within a time frame.

The functioning of a fund works in the same way as that of a trust and there are marked similarities. Only

the designated titles differ. This entitles one to proceed with anything under control and also impose rules deemed fit and proper.