Frequently Asked Questions (FAQs)

1. About the Trust

Q1: What is the purpose of the Mantra-2 Cultural Foundation Trust?
A: The trust is formed to manage society events, ensure transparency in fund management, and encourage community participation in cultural and religious activities.

Q2: Is the trust a permanent body?
A: No, the trust is temporary and will be dissolved once the Apartment Owners Association (AOA) is formed. All funds and processes will be handed over to the AOA for further execution.

Q3: How was the trust formed?
A: The trust was established after two years of discussions and with more than 51% consent from flat owners in Mantra 2 society.

Q4: What is the motto of the trust?
A: The trust operates under the motto: “One Society, One Trust, One Event”, emphasizing unity, transparency, and inclusivity in managing society activities.

2. Trustees and Committees

Q5: How are trustees selected?
A: Trustees are selected for a one-year term. After their tenure, new members can nominate themselves, ensuring fresh leadership.

Q6: What is the role of trustees?
A: Trustees primarily manage funds, oversee society activities, and implement decisions based on suggestions from cultural and religious committees.

Q7: Can residents participate in trust activities?
A: Yes, residents can voluntarily join committees under the trust to contribute to cultural and religious event planning.

Q8: What are the committees under the trust?
A: There are two main committees:

• Cultural Committee: Plans and executes all cultural events in the society.
• Pooja Committee: Organizes religious festivals, including activities at Hanuman Mandir.

3. Financial Management and Transparency

Q9: How are trust funds managed?
A: The trust maintains a dedicated bank account, ensuring transparent financial management. All funds are audited by a third-party auditor.

Q10: How are event budgets decided?
A: Budgets are pre-decided to avoid last-minute changes and ensure efficient fund utilization. The committees suggest budget allocations, and trustees oversee the final execution.

Q11: How are vendors selected for events?
A: A vendor pool is created, and multiple quotations are taken to ensure fairness and avoid favoritism. Vendors who do not meet society criteria are not entertained.

4. Conflict Resolution and Decision-Making

Q12: How are conflicts resolved within the trust?
A: In case of disputes, voting is conducted, and majority decisions are implemented. Residents are expected to maintain respect and discipline in discussions.

Q13: Can personal issues be discussed within the trust meetings?
A: No, the trust focuses solely on society-related matters. Personal conflicts should not interfere with community discussions.

5. Future of the Trust

Q14: What happens to the trust once the AOA is formed?
A: Once the Apartment Owners Association (AOA) is established, the trust will transfer all funds and management responsibilities to the AOA and cease to exist.

Q15: How can I get involved with the trust or its committees?
A: Any resident can volunteer for the Cultural or Pooja Committee or nominate themselves for trustee positions during the selection process.