FAQs for Individual Fundraisers
What is fundraising?
Fundraising involves collecting donations for your supported NGO(s) by tapping into your network of friends, family and colleagues. This is also known as crowd fundraising. You can also post your appeal on various social media platforms to further raise awareness and funds for your chosen cause and NGO(s). Fundraising gives you the opportunity to advocate for the cause that you feel passionate about and to make a difference in the lives of the underprivileged
What is online fundraising through TCS World 10K on the aidbees website?
This is an activity where the fundraiser asks their friends, family and colleagues to support their fundraising campaign by donating to a cause close to their heart. Interested donors can visit the fundraisers’ page on aidbees website and make donations through a secure payment gateway. aidbees will then transfer the amount the fundraiser has collected to the chosen NGO(s). Online fundraising also makes it possible to reach out to and collect donations for a good cause from people outside of the fundraisers’ residing city/ country.
Can I raise funds for more than one NGO at a time?
No, you can’t. You will have to create a separate page using a different email address to raise funds for another NGO. aidbees recommends supporting one NGO so that they can maximize the effectiveness of the projects they undertake
Will I receive a list with the names of the people who donated through my fundraising page?
The names of the donors, their email IDs and the amount they have contributed through your online fundraising page are accessible to you when you log into your page.
Will my donors get a receipt for their donation?
Yes, all donations of INR 100 and above are eligible for an 80G receipt. The receipt will be emailed upon completion of the transaction. This receipt can be used for income tax purposes. We will also be issuing a 10BE certificate to all donors
Donors donating through cheque / DD / direct bank transfer to aidbees’ account, the 80G will be issued in 15 working days’ time and will be emailed to the email ID provided during the time of donation.
Is there a minimum amount that a runner should raise for the NGO(s)?
There is no minimum amount that needs to be raised. However, we urge you to reach out to your networks and appeal for funds on behalf of the cause / NGO(s) you chose to support.
Is there any guidebook/ tips on fundraising that aidbees can help with?
Yes, all information, guidance and supporting information can be accessed in the philanthropy structure by clicking
here
What are the methods by which I can collect funds?
By only creating a Fundraising Page on the aidbees website and receiving donations online by debit/credit card payment method through a secured payment gateway.
Can I collect funds in cash?
aidbees does not accept cash donations. However, if a donor insists on giving funds in cash, when submitting the amount to aidbees, we request you to issue a consolidated cheque of the entire amount favouring ‘aidbees’ mentioning the donor details in the donation report so that aidbees can issue the 80G receipts to the respective donors.
If friends and family from overseas want to send a cheque, what should they do?
If they are Indian nationals, It would be best if they can donate through their Indian debit/credit card. Otherwise, they can use their foreign/international credit card to donate on your fundraising page. Otherwise, they can send you cheque/s in favour of aidbees and you can further submit it to aidbees with the donation report.
Foreign donors would not be able to donate due to the Indian govt’s ban on sub granting of foreign funds between NGOs under the amended FCRA laws.
Can foreign donors donate on the fundraiser pages?
No. Regrettably, due to the restriction on the sub granting of foreign funds under the FCRA laws. aidbees will not be able to transfer funds to the intended NGO therefore the online donation form would not permit foreign donors to donate. aidbees can only accept foreign funds for its own projects.
What happens if I don't reach my target?
With the right commitment, effort and fundraising plan you will definitely reach your target. However, there is no penalty for not reaching the fundraising target
What's the easiest and best way for me to keep track of my fundraising campaign?
Once you create an Online Fundraising Page, you can easily track donations online on your dashboard when you log in. Every donation received on your page will also reflect in the fund meter against the fundraising target set by you, An alert mail also triggers each time you receive a donation. You can also download the ‘Fundraiser Assist’ app from Google Play Store to manage your campaign and give you notifications on your phone every time a donation is made.
What is the last date of fundraising through TCSW 10K, 2023?
The last day of fundraising is 9th June 2023 .
What happens after I have completed raising funds for TCSW 10K, 2023?
The money is accounted for at aidbees and then disbursed to the NGO(s) you have chosen to fundraise for.
What if myself or my donor circle does not receive a confirmation email?
Don’t worry. Every donor automatically gets a receiving confirmation email from the platform. In case you are not able to see the email, kindly check your "Spam Folder” or "Junk” section in the email.
What percentage of the funds raised through my fundraising page will go to my supported NGO?
100% of funds raised online through the fundraising pages are disbursed to the supporting NGO(s).
However, for funds raised offline (through cheques / DDs / direct bank transfer to aidbees’ account), a donation retention of between 0 to 4% is applicable based on the fundraiser’s levels
