Per the CSR policy of the Govt of India, corporates with a net profit of Rs 5 Cr + per annum/ Rs 500 Cr net worth/ Rs 1000 Cr pa turnover, have to mandatorily allocate 2% of their profits to CSR activities.
Vibha connects 25 Corporates one-on-one with 28 NGOs
At the Pragati CSR Meet, in Bangalore, in October 2013, Vibha launched a platform for corporate CSR. This platform helps companies easily select projects and partner with the grassroots NGOs and Social Entrepreneurs.
During this meet, Vibha presented close to 100 child-centric projects of 28 Partner NGOs to 25 corporates including ACC, Aditya Birla Nuvo, Cognizant, HCL, IBM, Infosys, Reliance ADA, Target , Volvo and Walmart.
Each project showcased was seeded, grown and/or scaled under the mentorship of Vibha, for nearly a decade. At the meet, corporates met one-on-one with the NGOs to discuss how they could benefit from each other.
Deepak Prabhu, Cognizant Foundation expresses his appreciation of Vibha’s effort “It was a splendid set of sessions and I thoroughly enjoyed being there. I also got an opportunity to interact with some successful NGOs.”
Amazon India picks 3 Vibha’s projects for its CSR initiative “Gift A Smile”.
The Amazon Gift A Smile Foundation has launched an initiative by which 25 NGOs with various social causes can create “wishlist” of items they need. Amazon Customers can now gift towards wishlists of educational toys, books, sports equipment, clothes, hygiene products and many many more.and make a direct impact to these Projects. For more details on the Amazon Gift A Smile initiative – read the article.
If you are an Amazon Customer then please select us for the Smile Amazon initiative, where you can make your purchases at smile.amazon.com and Amazon will donate 0.5% of your purchase to Vibha. Go to smile.amazon.com and select “Help Them Grow Inc, Vibha” as the charity to support and have a guilt free shopping!
5 ways we can help companies
The Vibha model and experience ensures that companies don't waste time setting up internal departments for the CSR effort to search, identify, analyze and evaluate, experiment-with social programmes which succeed. That process, as we know it from our own experience, can be messy, wasteful, heart bleeding and sub-optimal in success.
From day-one companies can invest in social programmes that work
These social programmes by Vibha are audited, metrics driven, field-visit led and companies will be kept in the loop as to how their funds are deployed and the impact that it is having
Companies in turn, can use this reporting information from Vibha, for the mandated disclosures in the Audited Report, website, etc