Empowering Change Together with Sociodots
ABOUT Sociodots Foundation
Sociodots Foundation registered as a Non-Governmental Organization (NGO)on 2016, functioning under Section 8 of the Companies Act, 2013. This enables it to operate as a non-profit entity, focused on social development and community welfare. Sociodots Foundation is dedicated to empowering marginalized communities through initiatives in rural development, women's empowerment, education, child care, healthcare, and skill development.
We build for people
Vision and Mission
Our Vision is to create an equitable society by providing access to education, healthcare, skill development, and empowerment, particularly in rural areas, leading to sustainable development and poverty alleviation. Our Mission Empower women and rural communities to become self-reliant and improve their socio-economic status. Provide quality education, healthcare, and vocational skills to underserved populations. Promote sustainable development initiatives to enhance community wellbeing.
Legal Framework
Section 8 Company
Under Section 8 of the Companies Act, 2013, an organization is permitted to be registered as a nonprofit company, and it is strictly prohibited from distributing its profits to members. Sociodots Foundation, as a Section 8 company, is governed by the following:
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Non-Profit Objective - The company is formed to promote social welfare, education, and charity, and not for financial gain.
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Regulation & Governance - It must adhere to the compliance requirements of the Ministry of Corporate Affairs (MCA), including annual filings, audit reports, and a Board of Directors who are responsible for the strategic direction.
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Tax Benefits - Section 8 companies are eligible for tax exemptions and deductions, making them attractive for philanthropic efforts.
