IMPACT FUNDS • CSR • SOCIAL STOCK EXCHANGE

Transforming Universities Through Impact-Driven Financing

The University Development Impact Fund is designed to support universities and Higher Education Institutions through innovative, outcome-focused fundraising. The initiative brings together private capital, philanthropic support, CSR participation and institutional development to create measurable educational and social impact.

Funding Education. Enabling Innovation. Creating Measurable Impact.

University Development • Social Impact Bonds • CSR • Impact Investing • SSE

PARTICIPATE & APPLY
untitled design (29)

UNIVERSITY DEVELOPMENT • IMPACT FUNDING

A New Financing Model for UniversityDevelopment

The University Development Impact Fund is designed to support Higher Education Institutions through a systematic, outcome-focused approach to fundraising. By bringing together institutional, private, CSR and philanthropic participation, the model aims to create long-term educational value and measurable impact.

Funding Innovation. Strengthening Institutions. Creating Educational Impact.

Academic Research & Innovation

Supporting academic research, innovation and initiatives that contribute to the development of higher education.

Technology Integration

Enabling technology integration across educational policies, institutional practices and quality enhancement systems.

Educational Scholarships

Creating scholarship opportunities that help reduce economic barriers and improve access to education.

Indian Content & Publishing

Supporting books, eBooks and academic papers that contribute to the development and dissemination of Indian knowledge and content.

Academic Conferences

Supporting academic conferences focused on outcomes, knowledge exchange, reporting and advocacy.

untitled design 2026 09 04t161624.694

OUTCOME-BASED FINANCING

From Investment to Measurable Educational Impact

Impact Bonds follow a pay-for-success model, where private capital supports a programme upfront and repayment is linked to the achievement of pre-defined, measurable outcomes. This approach connects investment, implementation and impact through a results-driven framework.

untitled design 2026 09 04t163126.108

Risk Investors

1. Private Capital for Development

Private investors provide the initial capital required to support the programme or university development initiative.

Risk Investors

Service Providers

2.Turning Funding Into Action

Social service providers, educational organizations or social enterprises implement the planned programmes and interventions.

Service Providers

Outcome Funders

3. Funding Linked to Results

Government agencies, philanthropic organizations or other outcome funders commit to repayment when agreed outcomes are successfully achieved.

Outcome Funders

Independent Verification

4. Measuring What Was Achieved

Independent third-party evaluators verify whether the predefined educational or social outcomes have actually been achieved.

Independent Verification

Repayment

5. Results Drive the Return

Once outcomes are independently verified, outcome funders repay the risk investors, potentially including a return linked to the achieved results.

 

Repayment
untitled design 2026 09 04t191052.463

SOCIAL STOCK EXCHANGE

Connecting Social Impact WithResponsible Capital

The Social Stock Exchange provides a structured platform for social enterprises to raise capital for social welfare objectives. It connects eligible not-for-profit and for-profit social enterprises with investors and donors while emphasizing transparency, impact measurement and reporting.

A Transparent Path From Social Purpose to Sustainable Funding

Transparent Fundraising

Creating a structured mechanism for eligible social enterprises to raise funds and communicate their social impact.

Funding & Growth

Helping social enterprises access capital that can support their development, expansion and sustainability.

Impact Measurement

Encouraging clear standards for measuring and reporting social outcomes alongside financial information.

Impact Investing

Connecting investors with opportunities where financial participation is combined with positive social or environmental impact.

NOT-FOR-PROFIT ORGANIZATIONS
ZCZP Bonds

Zero Coupon Zero Principal instruments can be used by eligible NPOs for fundraising through the SSE framework.

FOR-PROFIT SOCIAL ENTERPRISES
Equity • Debt • Other SEBI-Specified Instruments

Eligible for-profit social enterprises may use applicable securities and fundraising mechanisms under the SSE framework.

NPO • GOVERNANCE • COMPLIANCE

Building Strong Foundations for Sustainable Social Impact

A credible impact ecosystem requires more than funding. Strong legal structures, responsible governance, financial transparency and regulatory compliance help organizations build the foundation required to participate in social-impact initiatives and access appropriate funding opportunities.

untitled design (30)
Section 8 Company

A structured nonprofit model governed under the Companies Act, 2013, designed for objectives including education, science, social welfare and other charitable purposes.

Trust

A nonprofit structure established when property or assets are placed under trusteeship for the benefit of a defined charitable or public purpose.

Society

A membership-based organization formed to promote activities such as education, literature, science, arts and charitable initiatives.

COLLABORATION • PARTICIPATION • IMPACT

Building a Collaborative Ecosystem forEducation & Impact

FOEII Foundation provides a collaborative platform bringing together academia, industry professionals, entrepreneurs, managers and other contributors to support educational development and create opportunities across the higher education ecosystem.

One Platform. Multiple Contributors. A Shared Vision for Educational Impact.

Academia
Educators • Researchers • Innovators

Academia can contribute through teaching, research, innovation and participation in academic bodies such as Boards of Studies.

Industry & Business
Professionals • Business Leaders

Industry professionals and business leaders can contribute as Professors of Practice and trainers, connecting industry knowledge with education.

Entrepreneurs
Training & Entrepreneurship Partners

Entrepreneurs can participate as Training Partners and contribute to skill development and entrepreneurship initiatives.

Education Managers
Administration • Institutional Development

Managers can contribute toward strengthening and developing education administration and institutional systems.

untitled design 2026 09 04t194930.067

LET’S BUILD THE FUTURE OF EDUCATION

Ready to Take Your Education Initiative Forward?

Whether you are planning an institution, strengthening academic programmes, exploring accreditation, building partnerships, developing infrastructure, or seeking new opportunities for institutional growth, YRC can help you explore the right path forward.

DISCUSS YOUR EDUCATION REQUIREMENT →

Impact by Federation of Education in India भारतीय शिक्षा संघ

Transforming Universities with futuristic way of fundraising

A flagship initiative of Federation of Education in India FOEII FOUNDATION in association with Y R Consulting to work for University Development and creating a corpus of futuristic educational investment to work with capacity of Social Impact Bonds (SIBs) approved by SEBI and listing on Social Stock Exchange (SSE). 

to participate and apply
services 2.jpg

Transforming Universities /HEI with futuristic way of fundraising to Impact for Education in India.

FOEII Foundation is underway to sourcing funds with a systematic University Development Impact Bonds: A results-based contracts in which private investors provide pre-financing for University Development and pay back to investors their principal with return if, these programmes succeed in delivering social (educational) outcomes.

The fund will be available for University and Higher Education Institutions (HEI) are work with a systematic fundraising to impact and meet the objectives are: 

—————————-

1) Academic Research and Innovation toward educational development. 

2) Technology Integration towards policy, practices and quality enhancement.

3) Educational Scholarship to break the economic barriers of education

4) Book-eBook and paper publishing for establishment of Indian content

5) Academic conferences with outcome report and advocacy.

We are inviting to fund contributors (Individuals, Institutional, CSR, Philanthropist, Industrial projects, government agencies, community supports to work with collaborative force to create an impact by Federation of Education in India (FOEII) under the management of FOEII Foundation and leadership of Prof. Younush Rana   

An impact bond, often a “pay-for-success” financing model, is a financial instrument where private investors fund a social program and receive a financial return from a public-sector agency or other “outcome payer” only if the program achieves pre-agreed, measurable outcomes. An impact fund is a pooled investment vehicle managed by professionals that invests in companies or organizations to generate both a positive social or environmental impact and a financial return for investors. 

FOEII Membership

FOEII FOUNDATION (Federation of Education in India) is a not-for-profit organization with a collaborative and collective platform to work for educational support system and all members will be the participant to work for objectives of the FOEII.

FOEII membership is a platform to create opportunities for Academia will become an Educator, Researcher, Innovator and Member of “Board of Studies” and Industry Professionals and Business Leaders will become a “Professor of Practice of UGC and Trainers will become a part of Skill India, Entrepreneurs will become a Training Partner (TP), Managers will become an Administrator of Education System of India towards Viksit Bharat.

FOEII Members are welcome to join become a beneficiary of fund

become a member
services 1.jpg

Outcomes-Based Financing:

Funding is tied to achieving specific, measurable outcomes, rather than just providing funding for activities or inputs. 

services 1.jpg

Private Sector Involvement:

 Impact bonds leverage private sector capital and expertise to address social challenges.

services 1.jpg

Risk Sharing program & Support

 Investors provide upfront capital is repaid only if the program achieves pre-defined outcomes, thus sharing the risk.

services 1.jpg

Incentive Alignment for Impact

 The model aligns the incentives of all parties involved (investors, service providers, and funders) towards achieving desired outcomes.  

Key characteristics

  • Pay-for-Success Model: Investors provide upfront capital for social programs and are repaid by outcome funders (governments or philanthropic organizations) only if specific, measurable outcomes are achieved.
  • Focus on Results: They shift the focus from traditional measures like training completion to concrete results, such as job placement and retention, or improved educational attainment.
  • Stakeholders: Impact bonds involve three main players:
    • Investors: Provide the upfront capital, taking on the financial risk.
    • Outcome Funders: Public sector bodies or philanthropic organizations that commit to repaying investors based on successful outcomes.
    • Service Providers: Organizations that implement the social programs.

Benefits

  • Cost-Effective Public Spending: Governments only pay for programs that deliver measurable results, leading to more efficient public spending.
  • Financial and Social Returns for Investors: Offers investors a dual return, combining financial gains with positive social impact.
  • Stable Funding for Service Providers: Provides upfront and stable funding, enabling organizations to focus on service delivery rather than fundraising.
  • Improved Services for Beneficiaries: Leads to higher-quality services and better results due to the outcome-focused nature. 
services 2.jpg

How Impact Bonds Work:

Real Development of NGO & Not Profit: NON GOVT. Organization

  • Risk Investors: Private investors provide initial capital for the program. 
  • Service Providers: Social service providers (often non-profits or social enterprises) deliver the program and interventions. 
  • Outcome Funders: Government agencies, philanthropic organizations, or other entities commit to repaying the risk investors if the program achieves the agreed-upon outcomes. 
  • Independent Verification: Third-party evaluators independently verify the achievement of outcomes. 
  • Repayment: Outcome funders repay the risk investors based on the verified outcomes achieved, often with a return on investment. 

Impact Bond can help governments tackle complex societal needs of development of while also allowing investors to make a difference in society. They can also help create space for innovation with increased transparency. An investor provides funding to creator for a social intervention, and the investor receives a return based on the outcome of the intervention.

Our Expertise

Our team has deep expertise in a variety of areas, including process improvement, compliance,  management, financial management, and more. We bring a wealth of experience and knowledge to every project we work on, and we’re committed to delivering measurable results.

contact us

Social Stock Exchange in India

The Social Stock Exchange (SSE) in India is a platform regulated by the Securities and Exchange Board of India (SEBI) that enables social enterprises to raise capital for projects with social welfare objectives. It operates as a separate segment within existing stock exchanges like the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The SSE acts as a bridge, connecting social organizations with investors and donors who are interested in social impact investing.  

learn MORE

Key Features of Social Stock Exchange-(SSE)

Key objectives

  • To provide a transparent mechanism for social enterprises, both for-profit and not-for-profit, to raise funds.
  • To facilitate the funding and growth of social enterprises.
  • To establish robust standards for social impact measurement and financial reporting within the social sector. 

Funding mechanisms

Not-for-profit organizations can raise funds through instruments like Zero Coupon Zero Principal (ZCZP) bonds, while for-profit social enterprises can issue equity or debt securities. Other methods specified by SEBI are also available for both types of organizations.

Eligibility criteria

Organizations must be registered and demonstrate a strong focus on social impact, with at least 67% of their resources or beneficiaries related to eligible social activities over the past three years. NPOs need to have been operating for a minimum of three years and meet specific registration and financial requirements. Certain types of organizations, such as corporate foundations and political or religious organizations, are generally not eligible.

Fundraising Platform: Social Stock Exchange-SSEs facilitate fundraising for social enterprises by allowing them to list their securities (like equity or debt) and attract investors who are interested in both financial returns and social impact.

Transparency and Accountability: SSEs are regulated by SEBI, which ensures that listed social enterprises adhere to certain standards of reporting and disclosure, including their social impact.

Impact Investing: SSEs are designed to encourage impact investing, where investors prioritize not only financial returns but also the positive social or environmental impact created by their investments.

Social Enterprises: SSEs connect with organizations that are focused on addressing social issues and creating a positive impact, including for-profit and non-profit organizations. 

Benefits of Social Stock Exchange (SSE)

Bridging the Funding Gap:

SSEs can make it easier for investors to find and invest in social enterprises that align with their values. 

Attracting Impact Investors:

SSEs can make it easier for investors to find and invest in social enterprises that align with their values.

Promoting Social Impact:

By facilitating impact investing, SSEs can contribute to the growth and sustainability of social enterprises that are making a positive difference in society. 

We offer a wide range of services to help businesses thrive, including strategic planning, financial management, marketing and sales, and more.

contact us

Legal structures for NPOs in India

 In India, an NPO (Nonprofit Organization) is a legal entity that operates for a charitable or social cause, rather than to earn profits for its owners. NPOs in India can be registered under three primary legal structures: a trust, a society, or a Section 8 company. 

Section 8 company

  • Governed by: The Companies Act, 2013.Ministry of Corporate Affairs, Government of India.
  • Formation: Incorporated with the Registrar of Companies (RoC). It has more stringent compliance regulations but is also seen as more credible by stakeholders.
  • Purpose: Promotes activities in areas like commerce, art, science, sports, education, and social welfare.
  • Profit utilization: Any profit must be used for the company’s objectives and cannot be paid as dividends to its members. 

Trust

  • Governed by: The Indian Trusts Act, 1882. Some states also have their own Public Trusts Acts.
  • Formation: Created when a “trustor” transfers property to a “trustee” for the benefit of a “beneficiary”.
  • Purpose: A public trust benefits the general public, while a private trust is for a specific group of individuals.
  • Oversight: A registered trust is overseen by the Charity Commissioner of the state / UT. 

Society

  • Governed by: The Societies Registration Act, 1860, which has been adopted by most states.
  • Formation: Requires a minimum of seven members to form and is registered with the state’s Registrar of Societies.
  • Purpose: Formed to promote literature, science, arts, charitable activities, and other similar purposes.
  • Governance: Run by a governing council or managing committee elected by its members.

Key regulations and tax exemptions

  • Income Tax Act, 1961: NPOs in India can register under sections of this act to receive significant tax benefits.
    • Section 12A/12B: Provides an exemption from paying income tax on the organization’s income.
    • Section 80G: Allows donors to claim a tax deduction (50% or 100%, depending on the cause) on the amount they donate. This makes an organization more attractive for attracting funds.
  • Foreign Contribution (Regulation) Act (FCRA): Any NPO planning to receive foreign funding must register under the FCRA with the Ministry of Home Affairs and comply with its strict reporting and usage rules.
  • Goods and Services Tax (GST): Many charitable activities are exempt from GST. NPOs must maintain separate books of accounts for any commercial activities that are not incidental to their charitable purpose to retain their tax-exempt status.

Indian market of NPO

The nonprofit sector in India is one of the largest in the world, estimated to consist of over 3.7 million registered organizations. These organizations are known by various names, including Non-Governmental Organizations (NGOs), Voluntary Organizations (VOs), and Civil Society Organizations (CSOs). 

contact us