18 Chitharhal Spiritual Foundation

Deed of Declaration

Executed on: 31st May 2017

Founder: Mr. K. Gnanaprakasam Swamigal (Son of Mr. A. Kundaru)

Address: Door No. 13B, Power House Road, Crime Branch, Madurai - 625 001

Foundation Details:

This foundation was established with a corpus fund of Rs. 1000/- to promote agriculture, environmental awareness, traditional knowledge, and economic empowerment among disadvantaged communities.

Objectives:
  1. Construction of a temple for the 18 Siddhargal
  2. Promoting agriculture and employment opportunities.
  3. Adoption of innovative strategies for sustainable agriculture and the environment.
  4. Dissemination of organic farming methods for rural farmers and landless people.
  5. Establishment of Meditation and Yoga Schools.
  6. Validation and conservation of traditional knowledge.
  7. Creating and managing organic schools, agro farms, herbal gardens, bioresources research centers and Tamil
  8. Providing vocational training for skill development and self-income generation.
  9. Cultivation and production of herbal and agricultural products.
  10. Accepting donations, grants, and contributions for achieving the foundation's goals.
  11. Acquiring movable or immovable properties for the foundation's objectives.
  12. Conducting agricultural and environmental awareness programs.
  13. Conserving and documenting herbal plants and promoting herbal medicine education.
  14. Offering education programs in agriculture, environment, and bioresources.
  15. Encouraging entrepreneurship through agri and biotech certifications.
  16. Developing community-level centers and institutions.
Board of Trustees:
  • The board consists of seven trustees, including the founder.
  • The founder, Mr. K. Gnanaprakasam, retains lifetime authority to appoint or replace trustees.
Management:

The Board of Trustees holds the authority to manage finances, properties, and operations in alignment with the foundation's objectives.

Meetings:
  • The board convenes annually and as needed, presided over by the founder.
  • Decisions are made by majority vote, with the founder having a casting vote in case of ties.
Accounts & Audit:

The foundation maintains audited accounts and ensures compliance with relevant sections of the Income Tax Act, 1961.

Dissolution Clause:

In case of dissolution, any remaining assets will be transferred to a similar charitable organization.

Declaration:
  • The foundation is open to all, regardless of caste, religion, or gender.
  • All income and funds will solely be used for the foundation's objectives.
  • The foundation operates as a non-profit and charitable entity.

Signed by:

Mr. K. Gnanaprakasam

Founder of 18 Chitharhal Spiritual Foundation