Giving no offense in any thing, that the ministry be not blamed: But in all things approving ourselves as the ministers of God…
2 Corinthians 6:2-3
(a) To acquire, purchase, hire, exchange, sell or lease any movable or immovable property to further the objectives of the Trust. However, no immovable property of the trust shall be alienated without prior approval of the Director of Exemptions of Commissioner of Income – Tax as the case may be.
(b) To invest the monies of the Trust not immediately required in such investments as may be permitted by section 11(5) read with section 13(1) (d), to decide by the trustees.
(c) To draw, make, accept, endorse and negotiate cheques, promissory notes, bills of exchange, hundies, and other negotiable instruments in pursuance of the objects of the trust.
(d) To borrow or raise funds either by loan or otherwise against the security of any immovable property of the trust, to further the objects of the trust.
(e) To pay out of the funds of the Trust all expenses, incidental to the formation and management of the trust.
(f) To subscribe or donate to needy, charitable, benevolent, and such other objects involving public interest.
(g) To raise donations, contributions, or grants either from India or abroad from any persons, company, Trust, or Government.
(h) To do generally such other acts, matters or things as may be necessary incidental or ancillary to all or any of the objects mentioned above.
(i) To receive, hold and disperse funds to promote the objects of the trust.
(j) To register the trust under the Foreign Contribution Regulation Act.
(k) All the activities of the trust shall be carried out in India only.
(l) None of the activities of the trust shall result in profit.
(m) No part of the income of the trust shall be distributed among the trustees or persons mentioned in section13 (1) (c) of the Income Tax Act 1961 by way of dividend or profit.