Prayas Foundation for Social Research & Development is a non-profit organization registered as a Trust under the Indian Trusts Act, established with the objective of advancing social welfare, inclusive development, and research-based interventions across underserved regions of India. The Trust was formally registered in the year 2018, providing it with a strong legal and institutional framework to carry out charitable, educational, research, and development-oriented activities in compliance with applicable laws and regulations.

The legal structure of the Trust ensures that all assets, income, and resources of the Foundation are utilized exclusively for charitable and developmental purposes. Prayas Foundation operates on a not-for-profit basis, and no portion of its income or property is distributed to trustees or members, except as reasonable compensation for services rendered in furtherance of its objectives, in accordance with statutory provisions.