General fund

Charity brings to life again those who are spiritually dead.

Thomas Aquinas

Description

General fund is created and maintained by our NGO to cover general expenses not specific to a project/cause/need. This helps cover expenses vital to the running of the organization. Expenses such as administrative expenses, various overheads are paid from the general funds. Most NGOs maintain a general fund to help them meet the donation gap created when donors donate only to a specific project/cause/need or any unexpected expense which may arise during the course of running the organization.