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AMPS in Maharlika Inc. |
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Financial Policy 1. Regular donations should be collected and disbursed by the local Unit Committee (Registered Dharma Chakra) and distributed according to the following formula: 45% is to be used for local works
pertaining to the Dharma Chakra e.g. purchasing and upgrading local Ananda
Marga centers of spiritual learning. The local Unit Committee may with due permission of the national office register with local tax authorities as a chapter of the national organization and hence enable themselves to issue official receipts locally. 2. Special donations of substantial seize should
always be deposited in the account of the
national organization after which a check will be issued directly to the
concerning project after deducting 2% headquarter administration fee. |