These terms and conditions govern the operations of the [SATHYA KHUSHAL JIVANDAN SWASTHYA FOUNDATION], hereafter referred to as the “Trust.”.
By participating in or benefiting from the Trust, all individuals, entities, or organizations agree to abide by these terms and conditions.
2. Definition of Parties
Trustee(s): The individual(s) or organization(s) responsible for managing and overseeing the Trust’s activities in accordance with its objectives and purposes.
Beneficiaries: Individuals, organizations, or entities designated to receive benefits from the Trust as defined in the trust deed.
3. Purpose of the Trust
The Trust is established to [purpose of the Trust support for education, healthcare, etc.].
4. Governance and Management
The Trust shall be managed by a Board of Trustees, which will make decisions about the administration of the Trust, investments, distribution of funds, and any other relevant matters.
The Board of Trustees will have the authority to appoint additional trustees or remove trustees based on the Trust’s needs.
5. Rights and Responsibilities of Trustees
Trustees are responsible for the effective management of the Trust’s assets and ensuring that the funds are used in accordance with the Trust’s purpose.
Trustees must act in good faith, exercising due care, diligence, and loyalty while managing the Trust.
6. Rights and Responsibilities of Beneficiaries
Beneficiaries have the right to receive the benefits as specified by the Trust.
Beneficiaries must comply with any conditions set by the Trustees for receiving the benefits.
Beneficiaries must provide any necessary documentation or information as requested by the Trustees.
7. Trust Fund and Assets
The Trust shall maintain a fund consisting of donations, contributions, and any other assets designated for its purposes.
All funds and assets of the Trust shall be used exclusively to fulfill the Trust’s objectives.
11. Liability and Indemnity
The Trustees shall not be liable for any loss or damage arising from the administration of the Trust, except in cases of gross negligence or misconduct.
Trustees will be indemnified by the Trust for actions taken in good faith while performing their duties.
