TRUST DEED

THIS DEED OF TRUST made and executed on this date/month/year By :

1. Name of Trustee, S/O Fathers name of trustee, aged Age of trustee years,
residing at Address of trustee)
2. Above format for all trustee

Herein after referred to and called as AUTHORS/FOUNDERS OF THE TRUST, which

expression will unless repugnant to the context or meaning thereof to be deemed to
include their respective heirs, executors, administrators of the FIRST PART.

WHEREAS, the Authors of the Trust out of charitable consideration and desire of
creating a public, religious, charitable and educational trust to carry out religious,
charitable, cultural and educational purpose more fully set out in the following clauses :

WHEREAS, in pursuance of the above desire, the Authors have donated a sum of
Rs.501/- (Rupees Five hundred and one only) each.

WHEREAS, the Board of Trustees have agreed to accept the same for its purposes in the
manner hereinafter appearing.

NOW THIS DEED OF TRUST WITNESSETH AS FOLLOWS :

1. NAME. The Trust shall be called “Name of the Trust Trust.

II. REGISTERED OFFICE.

The Registered Office of the Trust shall be At
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III. OBJECTS. To establish, undertake, Superintendent, administer and contribute to any
charitable fund which may seem created directly or indirectly to promote any of the
purposes of the Foundation

2. To act as Trust through its own Trustees, under trustees, incidental to and consistent
with the purposes of the Trust and to receive, hold administer, expand funds, develop
property and support missionaries in all states of India.

3. To establish Institutions, Old age home, Educational centers, Orphanages, Hostel,

Public health and Medical centers, Training centers, Bible college/s or to help and
construct Churches to in the pursuit of realization of the truth of the Bible.

4. To render services for the blind, deaf, unemployed girls, women and boys, widows,
physically, mentally and socially handicapped, poor and chronic disease patients and also
to care for the orphans and to be involved in famine, flood and riots relief program
irrespective of caste, creed, colour or religion.

5. To Co-operate, promote and render assistance to organizations, institutions for a better

and mutual comprehension and help them in our/their growth and stability.

6. To open branches, educational institutions, plant Churches, medical care and health
centers, religious training centers, cottage prayers, house meetings and faith centers,
seminars, conferences, public meetings etc’ in Karnataka or elsewhere in India to promote
the teachings of the Lord Jesus Christ as found in the Bible.

7. To improve the living standard of the Poor, down trodden, under privileged people in
urban, slums and rural areas.

8. To help unorganized, unprivileged, construction, hotel, temporary workers and their

families.

9. To conduct social, educational, cultural and community development & religious

programs, such as lectures, demonstrations, seminars, workshops, conferences and other
effective means & media.

10. To spread the message of God by means of literature, by printing, publishing,

circulating, T V or radio messages, distributing them to the needy.

PROVIDED:- that the application of the foundation funds and assets shall be done
without distinction of nationality, Religion, caste, class, creed or sex.

IV. FOUNDEER TRUSTEES:- The Authors of the foundation are the founder trustees
who shall hold the office of the trust for life unless they resign their trusteeship and
inform the other trustees in writing removed for indulging in anti-activities of the Trust.
V. BOAORD OF TRUSTEES:- Foundation shall be governed by the Board of Trustees
consisting of not less than 8 (Eight) but not more than 10 (Ten) members.

VI. CO-OPTION:- The Authors of the Foundation may co-opt additional members to an
extend of maximum five whose period of office shall be not less than two years.

VII. CONSTITUTIONS OF THE BOARD :

(i) The Board of Trustees shall elect among themselves

a. President, secretary, treasurer, who shall hold the office for a period of two years
or until such time the new officer bearers of the Board are elected.
(ii) The president shall be entitled to preside over the meetings if the Board of
trustees.

(iii) In the absence of the President the trustees present may elect among
Themselves a Trustee to chair the meeting.

VIII. POWERS OF THE OFFICE BEARERS OF TRUST :

1. PRESIDENT:-

(a) The President of the Trust shall preside over all the meetings of the General
Bodies of Trustees.
(b) The President shall direct the other officers to execute the resolution of the trust.

2. SECRETARY:-

(a)The Secretary is the person to execute the decisions of the Trust.

(b) The Secretary to maintain correspondence with members as well as with other
trustees or with the Government or any other body, on behalf of the Trust.
( c ) The Secretary in consultation with the President shall convene the meeting of the
Trust.
(d) The Secretary is to prepare and submit that annual report of the trust and also
maintain correspondence.

(e) Secretary is the officer of the Trust who will keep records of the trust and also
maintain correspondence.
(f) The membership list of the trust up to date shall be maintained by the Secretary. (g)
Recording the minutes of the trustees as well as the executive/Sub-committee
meetings.
 3. TREASURER:-

(a) Treasurer is the person who is incharge of the funds of the trust and only the
treasurer shall operate the Bank accounts along with the secretary or President in
the respect of the funds of the Trust.
(b) The Treasurer is the person authorized to receive and also make payments as per
the rules and regulations of the Trust and according to the directive of the Trustees.
(c) The Treasurer has to prepare the statement of accounts and get it audited by the
person authorized by the trustees and submit annually to the Board of Trustees for
approval.
(d) Treasurer shall receive donations, any other amount on behalf of the trust and issue
receipts and make payments.

IX. FUNDS OF THE FOUNDATION : The funds of the foundation shall comprise :

(a) Donation received from Philanthropists.

(b) Endowments if favors of Foundation.
(c) Grants from Central and State Government, Corporations and other Statutory
bodies and Institutions.
(d) Income from properties of the Trust.
(e) Donations received from general public and Institutions.
(f) Any other income which may accrue in the working of any other institution
controlled by the Trust.
(g) Donations/Gifts received from individuals, Institutions and foundations.

X. (1) THE TRUSTEES SHALL HAVE POWERS TO FRAME RULES FROM

TIME TO TIME

a. For the conduct of their own meetings and business.

b. For facilitating and carrying out of the objects of the Trust.
c. To appoint sub-committees, advisory or Governing Bodies for all or any one of its
managing institutions and they may delegate their powers to such bodies or others
or to some of their members on such terms and conditions as they deem fit.
d. To employ the necessary staff, take disciplinary actions, to terminate their services,
regulate their service conditions etc.

XI. (2) THE TRUSTEES MAY AND ARE HEREBY EMPOWERED TO –

a. Obtain and secure in the name of the Trust any moveable/immoveable properties
by Purchase, Gift, lease or grant and to own and possess the same to sell. Mortgage,
or lease out the same, provided in case of purchase or sale of properties the consent
of majority of the trustees has been obtained.
b. Open any current or other account/s with any Nationalized Bank/s and arrange for
operation thereon by President along with any one of the Trustees for the time
being.
c. Raise any funds by issue of Debentures, share certificates or otherwise on such
security of such properties which the Trust may acquire and make the provision
and arrange for the payment of the same including the interest thereon, provided
however, that the Trustees shall not in any way be personally liable for any such
debts.
d. Construct any building, church, orphanage and improve, alter or repair any
building which may be acquired in the name of the Trust.
e. Raise funds and receive donations if necessary for carrying out the progress and
objects of the Foundation.
f. Incur necessary expenses for carrying out the aims and objects of the Foundation.

XII. ACCOUNTS AND MINUTES:-

The Trustees shall maintain true and correct accounts of all receipts and payments
and dealings in regard to the foundation’s property and shall also maintain the correct
record of their meetings and deliberations. Accounts shall be audited every year by a
qualified accountant appointed by the Board of trustees. The accounting year shall be
from 1st April to 31st March of every succeeding year.

XII (a) TRUST FUNDS:-

The funds and the income of the trust shall be solely utilized for the achievement of
the objectives of the trust and no portions shall be utilized for payment to the trustees
members by way of profit, interest, dividends etc.

XII (b) INVESTMENT CLAUSE

The funds of the trust shall be invested in the modes specified under the provisions of
the section 13(1) (d) read with section 11 (5) of the Income of any of the Trustees, Tax
Act 1961 as amended from time to time.
XIII. THE TRUST IS IRREVOCABLE.

XIV. In case of death or retirement or resignation or termination of any one of the

Trustees, the other trustees may co-opt the vacancy so caused.

XV. The activities of the Trust will be only within India.

DISSOLUTION:- In the event of dissolution or winding up of the trust the assets

remaining as on the date of dissolution shall under no circumstances be distributed
among the trustees but the same shall be transferred to another charitable, religious,
trust, society, association or institution whose objects and faiths are similar to those of
the trust and which enjoys recognition u/s 80 G of the Income Tax Act 1961 as
amended from time to time.
XVI. NOTICE OF MEETING:- A clear notice of 5 days shall be given for Board of
Trustees unless it is an emergent meeting. Emergent meeting of the Trust shall be held
with an otice of 24hours.
XVII. (A) PROCEEDINGS OF MEETING
No business shall be transacted at the ordinary meeting of the Board of Trustees other
than those detailed in the Agenda except with permission of Chairman of the meeting.

XVIII. QUORUM:- Five Trustees shall be deemed to be the quorum for a meeting of
Trustees. If required quorum is not present, the meeting shall stand adjourned to the
same day, hour and place of the next week to discuss the same agenda and the
members present may transact the business for which the meeting is called for. In
such adjourned meeting, no quorum is required and no new subject shall be
considered.
XIX. INDEMNITY:- The Trustees shall be kept fully indemnified and harmless by
the Foundation against any lose suffered or liability arising against the for anything
done by them in good faith pursuant to the power and authority conferred on them by
this Deed.
XX. CONSENT OF TRUSTEES:- The parties hereto declare that they have
consented to act as trustees in the manner herein before stated and affixed their
signature to this Deed.
XXI. AMENDMENT:- No amendment to the trust Deed/ Memorandum of
association/byelaws/rules & regulations shall be made which may prove to be
repugnant to the provisions of sections 2(15), 11,12 & 80 G of the Income Tax Act
1961 as amended from time to time.
FURTHER NO AMENDMENT SHALL BE CARRIED OUT WITHOUT THE
PRIOR APPROVAL OF THE COMMISSIONER OF INCOME TAX.

WITNESS TRUSTEES

1.