ABOUT MGF
PREMIUM SERVICES from MATTAM GEORGE FOUNDATION
M G FOUNDATION is a member-owned entities aims to operate across pan India, intent to provide diverse services such as plantation, healthcare, senior care homes, education, credit, housing, agro processing, IT etc. under democratic control, ensuring limited liability, separate legal identity, and pooling resources for wider reach, with central regulation for consistency and benefits like grant, tax exemptions. Key features include voluntary membership, democratic governance, economic participation, autonomy, and a focus on member and community development through self-help. Profit from operation shall not be disbursed among its members but utilize for further growth and development of the organisation thereby ensuring prosperity to its members and to the society as well.
ACTIVITIES
To establish and run premium home for senior citizen with extra comfort and convenience. Assisted living centers, Geriatric care facilities for the welfare and rehabilitation of senor person trough out India, To promote and enhance general education, skill development, vocational training and capacity building program for students and unemployed. To provide educational guidance ad career council for the students. To participate in the carbon neutral program of state / central government by promoting social forestry scheme among farmers and engage in various agro-forestry and plantation development programme, Training and development program on sustainable agriculture and rural development initiatives.
LEEDS
Wider Network: Connects members across states for unlimited growth opportunities. Economies of Scale: Larger operations lead to better market access and efficiency. Consistency: Uniform central law ensures consistent, credible operations and sustainable development Community Focus: Works for sustainable community development.
LEGAL FEATURES:
Governess: Central Governed under Ministry of Corporate Affairs, New Delhi Resource Mobilisation: Members pool varied resources, expertise, and funds. Monetary Reward: Eligibility to receive Central or State Government grant, donation from Non-Governmental Organisations, CSR fund, tax benefits and subsidies Profit Distribution: Net profits shall keep as reserves and surplus for future expansion and diversification of the company and not being distributed among its shareholders as dividends.
PROSPECTS
Encouraging, hopeful and promising, driven by the region's strong NFP history and growing need for affordable, high-quality services in various segment such as senior care, education, healthcare, agriculture, credit, housing, IT service , and exports, aiming to empower members across states through collective strength, providing better opportunity for mutual growth and welfare , resources , infrastructure (storage, processing), and market access for sustainable growth, often with government support for broader reach and impact.