Company is funding a school for handicapped children. Children of the employees of the company are availing facility of the school. Also, Children from nearby villages are availing the facility of school as there is no such school in nearby area. Fees charged to children of employees is higher than charged to other children. 

Can the funding to such school can be treated as CSR expenditure? Explain why? 

List some of the other ways the company can spend its CSR funds