A Study of Literature on Religious Charitable Trusts A Nonprofit Sector

Deepali S Kulkarni, Dr. Anil Nagtilak

Abstract


Nonprofit organizations (NPOs) are melting pots combining mission, members and money. Mission is the central thrust of an NPO, the very reason for its existence (Drucker 1989; Oster 1994). From this rising sector in India, religious charitable trusts have gained importance because of growth in number of trusts, visitors, volume of activities and services, properties and finance acquired by them. In most of these religious trusts revenues come from funds contributed, donated & other forms of support. Revenues from income generating activities, if any, are eventually reverted back to program operations. As the inflow of the money is based on the faith, devotion and belief of the deities, there is no clear line of accountability for these trusts. But as the growth and importance of these organizations is increasing day by day, the amount of the resources commanded by them, may be in cash or kind, is also increasing. Allocation of all these fund resources towards its ultimate purpose is the area of interest for the researcher

In this paper researcher tries to summarize the literature reviewed and inferences gathered so far related to concern topic.


Keywords


Nonprofit organizations ( NOP's)

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References


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