Resolution Passed in the General Body Meeting (GBM)

Date: 3rd April 2025
Venue: Online
Chairperson: Smt Jaswanti Rawat 
Attendees: Madhukar Vasrhney , Munish Kundra, Prachi Bhandari, Dr. Prateek Singh Rawat, Madhuri Varshney

Agenda: The meeting was called to discuss and resolve the following key matters concerning the operations and future direction of the Rise Foundation.

Resolutions Passed

1. Accounts Freezed by ICICI Bank
   • The members deliberated on the freezing of the account by ICICI Bank. It was resolved to immediately reach out to the bank authorities, understand the reason, and initiate necessary steps to unfreeze the account.
   • If required, legal counsel will be sought to expedite the process.
2. Threat of Cyber Crime and Misuse of Account Information
   • A cybersecurity review will be conducted to assess vulnerabilities.
   • Awareness training for key stakeholders will be organized.
3. Refunds of Amount Received from Unknown Sources
   • Any unidentified donations or transactions will be thoroughly reviewed with the bank.
   • A resolution was passed to initiate refund procedures for any amounts received from unknown sources that do not comply with NGO funding regulations.
   • A formal report will be submitted to the relevant regulatory authorities if required.
4. Year 2024-25 Annual Performance Review
   • The performance report of the past financial year was reviewed, covering achievements, impact assessment, and challenges faced.
   • A detailed financial and operational audit will be conducted to ensure compliance and efficiency.
5. Objectives and New Domains for 2025-26
   • The Foundation will focus on expanding its initiatives in environmental conservation, air pollution control, and community-based sustainability programs.
   • Potential collaborations and new funding sources will be explored to enhance impact.
6. Any Other Business
   • Members discussed additional concerns and suggestions raised during the meeting, which will be documented and acted upon accordingly.

The meeting concluded with a commitment to resolve the discussed challenges promptly and work towards strengthening the Foundation’s objectives.