The Act envisages the formation of the Welfare Fund through contribution from the registered members @ of Rs. 300/- per month as contribution from each Non Resident Keralite (abroad). Every Non Resident Keralite (abroad) member when returned and settled down permanently in the State has to pay Rs. 100 only. Non Resident Keralites (India) member has to pay Rs. 100 as contribution per month.  Every deemed member shall contribute Rs. 50 per month. The Board can avail for the Fund grants or loans or advances from the Government of India or the State Government or the local Self-Government institutions or any other institution/organization. Board can attract donations from any individual or any organization in India or abroad or from any Government agencies in India or aboard or from any other sources.