Financial Report 2024
Financial Report – 2024
Tucsi Foundation IN
Registered Under: Companies Act 2013
Managed Under: Corporate Social Responsibility (CSR) & Donations
- Executive Summary
The Tucsi Foundation IN successfully executed its social welfare programs in 2024 with a total budget of ₹5 Crores, sourced from CSR contributions, individual donations, and brand partnerships. The financial management strategy focused on maximum transparency, efficiency, and impact-driven allocation.
The foundation’s key expenditures included direct financial aid, CSR-driven marketing projects, community awareness programs, and digital infrastructure. A surplus fund is being planned for expansion projects in 2025.
✔ Total Revenue Generated: ₹5 Crores
✔ Total Expenses: ₹4.75 Crores
✔ Surplus Fund for 2025 Initiatives: ₹0.25 Crores
- Revenue Breakdown (Sources of Funds)
✔ 70% of funds were received from CSR contributions, highlighting strong corporate partnerships.
✔ Individual donations & crowdfunding contributed 20%, reflecting growing public trust.
✔ Brand collaborations accounted for 10%, helping to support the innovative marketing project.
- Expenditure Breakdown
✔ 40% of funds were allocated to direct financial aid for underprivileged individuals.
✔ 30% of funds were invested in CSR-driven branding initiatives, supporting free water bottle distribution and future projects.
✔ 20% of funds were used for awareness programs, impacting over 25,000 people.
✔ 10% of funds were utilized for technological advancements, including an AI-powered verification system and donor transparency portal.
- Financial Performance Analysis
Key Financial Highlights:
✔ Revenue exceeded projected targets by 15%, ensuring financial stability.
✔ Strategic allocation ensured 95% fund utilization, with only 5% left for future expansion.
✔ CSR and branding initiatives attracted new corporate partners, increasing future funding prospects.
✔ Implementation of AI-driven verification reduced operational costs, enhancing fund efficiency.
Surplus Fund Utilization (₹0.25 Crores):
✔ ₹0.10 Crores – Reserved for 2025 expansion of direct assistance programs.
✔ ₹0.10 Crores – Investment in new brand collaborations for upcoming marketing initiatives.
✔ ₹0.05 Crores – Technology upgrades, including AI-driven data analysis for better fund management.
- Future Financial Strategy (2025)
✔ Increase CSR contributions to ₹4 Crores by securing 15+ new corporate partners.
✔ Expand crowdfunding campaigns to ₹1.5 Crores, increasing individual contributions.
✔ Optimize fund utilization to minimize surplus, ensuring all resources reach beneficiaries.
✔ Introduce a financial audit system for greater transparency in fund allocation.
- Conclusion
The Tucsi Foundation IN has demonstrated strong financial management in 2024, ensuring maximum impact through strategic fund allocation and sustainable revenue generation. The foundation remains committed to expanding its social welfare initiatives, increasing transparency, and strengthening corporate partnerships in 2025.