ACCOUNTABILITY & OPENNESS
We believe accountability is the foundation of trust. Everything we do is open to scrutiny.
Rainbow Foundation is a legally registered non-profit organisation with all required certifications.
Foreign Contribution Regulation Act
Tax deduction on donations for donors
Income tax exemption for the NGO
Our audited annual reports are publicly available for download.
Reports will be published soon.
Our annual report is prepared after the completion of statutory audit.
Rainbow Foundation is governed by an independent Board of Trustees comprising professionals with expertise in social work, finance, law, and community development. The Board meets quarterly to review all operations, financials, and program outcomes.
All major financial decisions — including program budgets exceeding ₹1 lakh — require Board approval. The Treasurer and two independent trustees sign off on all bank transactions.
Our governance policies include a Conflict of Interest policy, a Whistle-blower policy, and a documented procurement process to ensure funds are used effectively.
Our accounts are audited annually by a Chartered Accountant firm independent of Rainbow Foundation. The audited financial statements are filed with the Charity Commissioner's office and are available on request.
Impact is measured through structured monitoring visits, beneficiary surveys, and third-party evaluations. We publish outcome reports alongside our financial disclosures so donors can see exactly how their contributions are working.
Every donor receives an official receipt with our 80G certificate number. Donations are earmarked for specific programs when requested. Donors may contact us at any time for a program update.
"We have examined the financial statements of Rainbow Foundation for the year ended 31st March, and confirm that all accounts are maintained in accordance with the provisions of the Maharashtra Public Trusts Act, the Foreign Contribution Regulation Act, and generally accepted accounting principles. The utilisation of funds is in accordance with the stated objects of the trust."
— Statutory Auditors, Rainbow Foundation
Your donation is 100% protected and 80G tax-deductible. Every rupee is accounted for.