368. The Foundation receives, manages and allocates CSR funds collected by the Mauritius Revenue Authority (MRA) in accordance with section 50 L of the Income Tax Act 1995. The Act requires every company to remit to the MRA at least 75% of a CSR fund set up on or after 1 January 2019 for onward remittance to the National CSR Foundation. The Act also provides that the sum to be remitted to the MRA may be reduced by an amount not exceeding 25% of the CSR fund of the company where it is used to finance a CSR programme which has started before 1 January 2019 subject to the approval of the National CSR Foundation. 369. The main mandate of the Foundation is to support programmes and projects of nongovernmental / non-profit Organisation (NGOs/NPOs) for the benefit of individuals and families registered under the Social Register of Mauritius (SRM) and of vulnerable groups. With effect from 1 January 2019, the National CSR Foundation is also the central body to receive and allocate public funds to NGOs to ensure a coordinated approach with regard to the funding of NGOs. 370. The funding strategy of the Foundation rests on the core philosophy of promoting social inclusion and equity, adopts a right-based approach and a social investment model to guide its funding decision. 371. For the period February 2017 to June 2019 an amount of Rs 1.1 billion has been remitted to the National CSR Foundation. Table 38: Approved projects/ programmes approved by the Foundation First Call 2017 Priority Areas of Intervention Socio-economic development as a means for poverty alleviation Educational support and training Social housing Supporting people with disabilities Dealing with health problems Family protection including gender -based violence Leisure and sports Environment and sustainable development Peace and nation-building Road Safety and Security Total No of projects Amount 16 112 2 15 35 12,694,878 88,181,555 1,753,145 14,242,018 30,740,250 6.26% 43.51% 0.87% 7.03% 15.17% 27 10 35,110,554 7,801,531 17.32% 3.85% 8 5 230 8,043,250 4,104,500 3.97% 2.03% 202,671,681 % of total amount 100% Source: National CSR Foundation 134

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