NASSCOM Foundation is a non-profit organization that is building an ecosystem to bring to fruition – Technology For Good.
Picture this. A perfect India free from the grips of poverty, gender inequality, overpopulation, corruption, malnutrition and many other socio- economic challenges that she faces today. Idealistic isn’t it? In a country like ours where non for profits operate along with other stakeholders to paint just this picture of the country, despite the existing challenges, there remains a lot to be done to empower and enable these bodies to realize their potential. We see it as 'demand'.
Technology and the IT- BPM industry has played a fundamental role in development contributing to the nation’s GDP. However, it has not impacted the bottom of the pyramid and still remains exclusive. There is untapped potential of this huge industry to make sustainable development a reality. We see it as 'opportunity'.
NASSCOM Foundation, leveraging its unique position as the social arm of the industry body NASSCOM, aims to meet this 'demand' tapping the 'opportunity'. Our work is just as expansive and evolutionary as the potential that technology and corporate India entail. Drawing strength from its strong association with its four major stakeholders - NASSCOM, NGOs, emerging social enterprises and Government, the Foundation is changing India bit by bit.
The Foundation is leveraging the capabilities of IT-BPM member companies of NASSCOM along with emerging social enterprises to meet the technology needs of non-profits and underserved communities across India with continuous support from the Government. By doing so, the Foundation aims to facilitate the achievement of development objectives of all:
Member companies, by helping them go beyond traditional CSR and exercise strategic CSR as a way of business conduction.
NGOs, by providing easier access to technology hence increasing their capacity to achieve their ground objectives.
Social enterprises, by creating an eco-system that supports innovative models for development
And, finally an inclusive India by driving social good through the largest sector of the country.
The NASSCOM Foundation is an independent non profit organization and is not involved or associated in any ways with any religious or political organizations. Furthermore, the foundation's work is in no ways aligned to any political or religious biases and completely focuses on its goal of creating a truly inclusive India.
STATEMENT ON FOREIGN CONTRIBUTIONS REGULATION ACT (FCRA)
There have been recent media reports which state that NASSCOM has been named among a list of companies that are under investigation by the Home Ministry for irregularities in their foreign contribution receipts. We would like to clarify that under the Foreign Contributions Regulation Act (FRCA), the Ministry had conducted a regular compliance audit of NASSCOM Foundation in January 2018, after which there has not been any intimation regarding our non-compliance on any parameters.
Shrikant Sinha, CEO, NASSCOM Foundation, said, “The Ministry of Home Affairs completed a routine FCRA compliance audit for NASSCOM Foundation in January of 2018. Post the audit, the Foundation has not received any non-compliance notice from the ministry till date. NASSCOM Foundation prides itself in having completely transparent and rigorous financial processes and is happy to work with any government department or ministry and provide all data or information as and when required.”
All our financial details can also be accessed at the Ministry of Home Affairs' FCRA website or may be downloaded from the links below: