Disbursement Updates May 2018

The NCSR Foundation disburses funds to organisations for approved projects in a maximum of 3 instalments. The first disbursement is made after signature of the Contract of Agreement while the second and third disbursements are conditional upon satisfactory monitoring, compliance to the Contract Agreement and submission of required information and documents. The Foundations has disbursed Rs 127,200,106 as at 17 May 2018, representing 63 percent of the total amount approved.