Sunday, August 21, 2011

CS BENEVOLENT FUND: CS BENEVOLENT FUND - BRAIN CHILD OF PAST PRESIDENT...

CS BENEVOLENT FUND: CS BENEVOLENT FUND - BRAIN CHILD OF PAST PRESIDENT...: WE AS COMPANY SECRETARIES TO UNDERSTAND THE INTRODUCTION OF BENEVOLENT FUND. THE FUND WAS BRAIN CHILD OF MR. B.S. DURAI SWAMY PAST PRESIDEN...

CS BENEVOLENT FUND - BRAIN CHILD OF PAST PRESIDENT MR.B.S.DURAISWAMY

CS BENEVOLENT FUND - BRAIN CHILD OF PAST PRESIDENT MR.B.S.DURAISWAMY
WE AS A MEMBER OF INSTITUTE OF COMPANY SECRETARIES OF INDIA TO UNDERSTAND THE INTRODUCTION OF BENEVOLENT FUND. THE FUND WAS BRAIN CHILD OF MR. B.S. DURAI SWAMY PAST PRESIDENT OF THE INSTITUTE LEADS PEACEFUL SPRIRTUAL LIFE IN CHENNAI. HE HAS TAKEN ACTIVE LEAD ROLE TO CONSTITUTE THE FUND IN THE YEAR 1976 WHICH SEEKS TO CREATE BIG SECURITY UMBRELLA AND TO PROVIDE COMFORT AND SECURITY FOR MEMBERS AND THEIR DEPENDENTS

HE HAS VOLUNATARILY COLLECTED SMALL AMOUNT FOR THE NOBLE CAUSE

WE AS A MEMBER OF INSTITUTE OF COMPANY SECRETARIES OF INDIA TO MOVE FORWARD THIS MOMENT AT GREATER HEIGHT. WE SHOULD MEET PERSONALLY MR.B.S.DURAISWAMY TO APPRAISE OUR EFFORTS AND GET HIS VALUABLE ADVISE, SUGGESTIONS AND GUIDANCE IN THIS REGARD. ALTRENATIVELY, ICSI COUNCIL MEMBERS ORGANISE MEETING AT SIRC AND HEAR HIS VALUABLE GUIDANCE IN THIS REGARD

WE SHOULD NOT FORGET OUR PAST PRESIDENT WHO HAS TAKEN STEP FOR NOBLE CAUSE.

WE MUST ALSO SALUTE OUR PAST PRESIDENT FOR TAKING UP COMMON CAUSE

AFTER 35 YEARS OF CONSTITUTION OF THE FUND , THE PROGRESS OF COLLECTIONS IS IN SLOW PROGRESS AND ALSO FOR MEMBERSHIP DRIVE.

LET US JOIN FOR COMMON CAUSE OR NOBLE CAUSE

LET US GIVE HELPING HAND TO OUR FELLOW MEMBERS


I suggest that SIRC ICSI arrange for a meeting on any Saturday evening with him BSD so that all present members and students will be benefited by sharing his vast experience as a MEMBER

BEST REGARDS


Tuesday, August 16, 2011

ONE TIME CORPORATE DONATIONS

DEAR ALL

Last week we have commented upon status of cs benevolent fund members joined the fund

MEMBERS JOINED THE FUND 30% OF TOTAL MEMBERSHIP OF ICSI

MEMBERS YET TO JOIN THE FUND 70% OF TOTAL MEMBERSHIP OF ICSI

EVERY MONTH 25 MEMBERS JOINING THE FUND. ON AND AVERAGE

HOW MUCH TIME TO TAKE TO 10000 MEMBERS ( 10000-8236 = 1764 MEMBERS)

TO REACH 1000O MEMBERS 6 YEARS OR 71 MONTHS APPROXIMATELY IF EACH MONTH 25 MEMBERS JOINS THE FUND. IF THERE IS ANY SLIPPAGE THEN IT WILL TAKE MUCH LONGER TIME OR PERIOD TO REACH 10000 MEMBERS.

WHAT NEXT

WE NEED Rs.10 CRORE CORPUS FUND AS AGAINST PRESENT RS.3 CRORE

THERE IS SHORTFALL OF RS.7 CRORES

IF ALL REMAINING 20000 MEMBERS JOIN THE FUND, WE CAN RAISE RS.10 CRORE

SINCE IT IS VOLUNTARY, WE ONLY APPEAL VOLUNTARY TO CONSIDER TO JOIN THE FUND

WHAT IS ALTERNATIVE FOR FUND RAISING

HERE IS SIMPLE SOLUTIONS

THERE ARE 12 LAKHS COMPANIES

WE NEED JUST 14000 COMPANIES TO PARTICIPATE FOR ONE TIME CORPORATE DONATIONS BY CONTRIBUTING RS.5000/

IT IS FULLY TAX EXEMPTION AVAILABLE

WE APPEAL TO ALL OUR MEMBERS TO CONSIDER TO SEND ONE TIME CORPORATE DONATIONS OF RS.5000/- FOR OUR CS BENEVOLENT FUND

LET ALL CORPORATES TO PARTICIPATE IN THIS ONE TIME CORPORATE DONATIONS AND TREAT IT AS ONE OF THE CORPORATE SOCIAL RESPONSIBILITY . WE CS ALSO PART AND PARCEL OF THE SOCIETY. LET CORPORATES ASO TAKE CARE OF OUR CS PROFESSION AND JOIN FOR NOBLE CAUSE.

EFFECT OF FUND RAISING

THERE WILL BE MULTI FOLD INCREASE IN COMPENSATION

WE NEED TO HELP OUR CS FRIEND IN DISTRESS

INCREASE CHILDRENS EDUCATION COMPENSATION FOR OUR LATE CS

INCREASE MEDICAL REIMBURSEMENT

WE CALL UPON ALL COMPANY SECREATRIES TO HELP FOR NOBLE CAUSE BY REPRESENTING YOUR COMPANY OR CLIENT

KINDLY PASS ON THE MAIL TO ALL YOUR CS FRIENDS TO CREATE AWARENESS ATLEAST FOR NOBLE CAUSE



BEST REGARDS

TEAM CS BENEVOLENT FUND VOLUNTEERS

Friday, August 12, 2011

ICSI President Page - August 2011 edition chartered Secretary

Dear All

To my memory, first time President's Page contains CS benevolent Fund contribution appeal message in August 2011 chartered secretary edition I am reproducing the same

"The CS Benevolent Fund is an effort in extending support to our members in times of distress. Keepiing in view the importance of financial assistance in demanding times, it has been my endeavour to strengthen the fund and expand its membership so that adequate financial support is made available to the needy ones. I appreciate the efforts made by Headquarters, Regional councils and Chapters in their initiatives in increasing the corpus of the fund."

We will come the initiative from President to include one paragraph in his address to the members for noble cause. Like Annual conference, for requesting members to participate, the same way we also request existing members to make an appeal to others to come and join for noble cause. Finally it is a voluntary appeal.,

LET US GIVE HELPING HAND FOR NOBLE CAUSE

SERVING HUMANITY IS EQUAL TO SERVING TO GOD

News update

Only 25 members added from 21st June to 20th July . Currently the membership stood at 28336. Total no of members joined the benevolent fund is 8276.

It is just 29.20% of total members joined the fund since its inception.. Majority of the members not yet join the fund. This may be due to various reasons. One of the reason is lack of awareness of the fund existence and its features to the cs fraternity.

I fully agree with the views of our senior member Mr.Madhavan P B that ICSI should concentrate to provide medical assistance to senior members who are above 65 years. ICSI should initiate necessary arrangement for yearly medical check up of those members. We need to take care of our elderly persons. Currently fund concentrate to relief to legal heirs and sick persons .

Institute will consider to take necessary steps to inititate yearly medical check up of elderly persons above 65 years. This facility will be available to only those who are members of the fund.

Myself and few other like minded members going to join yearly contribution of Rs.12000/- to the fund for the noble cause. Our Senior members and council members has already contributed to Rs.418000 ( Rs.12000 each) within 2 days after that the initiative was dropped once for all. .Let us revive the same.

LET US CONTRIBUTE FOR NOBLE CAUSE

LET US GIVE HELPING HAND FOR NOBLE CAUSE

best regards

CS Benevolent team volunteers.

Tuesday, August 9, 2011

10000 member fund

Dear All

let us have 10000 members in the corpus fund

let us join for noble cause

Let us give helping hand to our fellow members

Monday, August 8, 2011

CS Benevolent fund

Company Secretaries Benevolent Fund

ICSI has established the Company Secretaries Benevolent Fund (CSBF) in the year 1976 which seeks to create big security umbrella to derive comfort and Security

Benevolent Fund - We Care
The Fund provides assistance for education/medical or for any other similar purpose in deserving cases to the
• Members of the ICSI
• Spouse and Children of the deceased members
Looking towards Secure Future

• The financial assistance upto Rs 40,000 is provided to the members for medical expenses for self, spouse or dependents in deserving cases on receipt of request.
• Financial assistance for education at the rate of Rs 10,000/- per child (subject to maximum of two children) in deserving cases is provided to the family of the deceased members.
• As a member of the Fund upto the age of 60 years it covers the member's future through the Group Life Insurance Policy for a sum of Rs 2,00,000/-. In addition to this additional financial assistance of Rs. 1,00,000/- is provided to the family of the deceased member of the Fund from the CSBF. The widow /dependents of the deceased member above 60 years of age may be provided financial assistance upto Rs 1,00,000/- from the fund depending upon the merit of the case.
• The assistance is provided in minimum time possible.
Details of the Benevolent Fund
• Fund is a society registered with the Registrar of Societies, New Delhi
• Fund is managed by the Committee consisting of 12 members
• President , Vice President and Secretary of the ICSI are ex-officio members of the Managing Committee of the Fund
• The Fund is recognised under the Section 12 A of the Income Tax Act.
Financial Position of the Fund (as on 31.3.2010)
• Corpus: Rs 291.26 lacs
• Investments: Rs 353.65 lacs
• Total number of members: 7188
• Total assistance provided in the year 2009-10 : Rs 10.57 lacs
Advantages to you
• Contribution to the Fund is a noble cause.
• Members of the ICSI after becoming the member of CBSF get the additional security shield for the life.
• Contribution to the Fund qualify for the deduction under section 80-G of the Income Tax Act, 1961.
... And it's all so easy
• You have just to fill up a form provided hereto become a member of the Fund.
• You have to pay a small amount of Rs 5000/- as a one time contribution for your life membership of the Fund.
• You have to provide the names of the dependents.
• You can deposit the form at Headquarter or with any Regional Council/Chapter
• The cheque / Demand draft has to be drawn in favour of Company Secretaries Benevolent Fund. The application has to be made to the Secretary & CEO of the ICSI