SGBS Trust is a registered Public Charitable Trust under Section 12A (a) of the Income Tax Act 1961 vide number Trust/718/10A Vol B II/S.487/CIT-II/93 dated 15.06.93 with PAN AADTS9185M.
Trust is administered by a board of Trustees. Trusteeship is purely honorary and Trustees don’t take any remuneration or even re-imbursements.
Trustees meet on a monthly basis. All policy decisions are taken in Trustee meets in a unanimous manner.
The operations of the Trust are audited regularly to meet with the stringent requirements stipulated by the Government of India while awarding Section 35AC status under the Income Tax Act. In order to ensure that maximum benefit is reached to the underprivileged, the Trust keeps its administrative expenses to the barest minimum.