National Culture Fund (NCF)

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  • NCF was established as Trust under Charitable Endowment Act, 1890 as funding mechanism distinct from existing sources and patterns of funding for arts and culture in India.
  • It aims at inviting individuals as well as private institutions in the task of promoting, protecting and preserving India’s cultural heritage.
  • It is managed and administered by council headed by Union Culture Minister and decides the policies.
  • Its Executive Committee is headed by Secretary, Ministry of Culture which actualizes those policies.
  • All projects undertaken by NCF are completed within specified period in accordance with MoU signed by it with concerned donor organization.
  • Union Government had granted one-time corpus fund to NCF, apart from this, there is no fund allocated to it from government.
  • It receives contributions and voluntary donations as endowments from many other sources.
  • Donations and contributions to NCF are eligible for 100% tax deduction under Income Tax Act, 1961 subject to limits and conditions prescribed.

 

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