THE INDIAN SOCIETY FOR APPLIED RESEARCH & DEVELOPMENT(ISARD), established in 2002, is non-profit, independent, applied research and development organization .. ISARD is a not-for-profit society registered under the Societies Registration Act of 1860 of Indian law, and contributions to ISARD are tax exempt.

ISARD receives grants and sponsored research projects from Indian and international funders, including the Government of India, state governments, foundations, industry, individual and corporate philanthropy, and multilateral and bilateral agencies. ISARD s Annual Reports provide full, audited statements of its annual finances.