Endowment Fund and CSR activity

This discussion explores whether investments in an endowment fund can be considered eligible Corporate Social Responsibility (CSR) activities. The consensus is that if the endowment fund's spending aligns with the activities listed in Schedule VII of the Companies Act 2013, it can indeed qualify as CSR expenditure. This is further supported by the Ministry of Corporate Affairs' clarification that COVID-19 related spending is recognised as CSR.