Frequently Asked Questions
What is the mission of your non-profit organization?
Hope Foundation and Research Centre is committed to educating aspiring youth and supporting social issues that will transform lives and communities.
What is the legal framework of the Hope Foundation and Research Centre?
Hope Foundation and Research Centre has been registered as a Society under the Societies Registration Act, 1860 as well as a registered Public Charitable Trust under the Bombay Public Trusts Act, 1950 (now known as the Maharashtra Public Trusts Act, 1950) on 29/04/1979
Where does the money go when I donate to your non-profit organization?
Your monetary donations to the Hope Foundation and Research Centre will help us continue to deliver quality education, medical aid and contribute to the social upliftment of the livelihoods of deserving communities as a part of our charitable work.
Who runs the Hope Foundation and Research Centre?
Hope Foundation and Research Centre is managed professionally by the Managing Committee / Board of Trustees ably supported by the Advisory Board composed of individuals from diverse backgrounds and expertise, followed by a Team of well defined professional workforce.
Which areas of charitable work are the Hope Foundation and Research Centre involved in?
Hope Foundation and Research Centre has been working in the fields of imparting quality education, research, medical and financial assistance for critical illnesses as well as extending support for social causes for over 43+ years in an effort to empower individuals and make them self-reliant.
How can I associate and make a donation to your organization?
Over the last several years and in our continued quest for undertaking our charitable initiatives, we have received immense support and cooperation from numerous individuals, Government and Non-Government agencies, educational institutions, trusts, corporate, public personalities and the mass media. One can associate with us in any of these mentioned ways and support us in making an impact for societal development.
Please click here to donate and write to us at info@hfrcpune.org in case of any further assistance / query.
How do you keep a donor's personal information secure?
We value the support provided by our donors and well-wishers. Therefore, their privacy concerns regarding the safety of their personal information is of paramount importance. The donor data is not exposed or shared with any external agencies without the prior written consent of the donor.
Can I get the details of the beneficiaries of my donation?
We regret that we do not share the personal details of the beneficiaries with our donors. The money collected by way of donations/ contributions are pooled together, and then utilized among the charitable activities and social causes according to the needs and requirements. Your donations / contribution does not get directed to a single beneficiary.
Can I donate in kind to the Hope Foundation and Research Centre?
Yes, Hope Foundation and Research Centre does accept donations in kind comprising of IT infrastructure resources, medicial equipment related to eye care and first aid resources, library books and such other , materials which meet the needs and requirements as per its charitable objects i.e. education and medical relief. Donations made in kind do not qualify for any tax deduction u/s 80G of the Income Tax Act, 1961
Is Certificate of Donation (for Donor) in Form 10BE also mandatory?
Yes, it is mandatory. After filing of Statement of Donations in Form 10BD by the Trust, once can download and issue Certificate of Donations in Form 10BE which will contain details of the charitable trust or institutions like PAN and Name of the charitable trust or institution, the approval numbers u/s 80G or 35(1) along with details of the donations and donor.
Yes, Hope Foundation and Research Centre is registered and approved by the Ministry of Corporate Affairs, Government of India for undertaking CSR activities. The CSR Registration Number of Hope Foundation and Research Centre is CSR00004831.
Yes, donations made to Hope Foundation and Research Centre are exempt u/s 80G (5) (vi) of the Income Tax Act, 1961. The Income Tax PAN allotted to the Hope Foundation and Research Centre is “AAATH0698B”.
Further, you can verify the 12AB registration and 80G exemption status of the Hope Foundation and Research Centre on the Income Tax Department portal at https://incometaxindia.gov.in/Pages/list-of-exempt-institution-form-10-ac.aspx
Where can I find your financial documents?
You can find the audited financial documents of the Hope Foundation and Research Centre on its official website www.hfrcpune.org
Can I donate if I am an Indian Resident but live outside of India?
Yes, but we accept donations in Indian Rupees only from any of your bank accounts held in India and these donations are exempted u/s 80G of the Income Tax Act, 1961. Hope Foundation and Research Centre does not accept donations in cash.
I am an NRI. Will I get tax exemption on my donation?
NRI (Non – Resident Indian) donors, who are Indian citizens, holding a valid Indian Passport are eligible to tax exemption under section 80G of the Income Tax Act, 1961. Please do not forget to mention your Income Tax PAN issued by the Income Tax Department, Government of India in the online donation form to avail the tax benefits. You can also write to info@hfrcpune.org for any further queries.
Please click here to donate and write to us at info@hfrcpune.org in case of any further assistance / query.
All donations to the Hope Foundation and Research Centre are eligible for 50% tax exemption under Section 80G of the Income Tax Act, 1961. Tax receipts are provided to all our donors, regardless of the amount of contribution via, email and the original receipts are dispatched on the basis of written request/s from the donor.
For more information on this topic, please visit: https://hfrcpune.org/donate-now/
Is there any transaction charge for online donation payment?
There is no transaction charges levied by the Hope Foundation and Research Centre for online donation payment. However, for the payment gateway services, some banks may levy the net-banking transaction charges, which may vary from bank to bank.
Does Hope Foundation and Research Centre accept donations in foreign currency?
No, Hope Foundation and Research Centre is not registered under the Foreign Contribution (Regulation) Act (FCRA), 2010. Please note that Hope Foundation and Research Centre accepts donations in Indian Rupees only from any of your bank accounts held in India and these donations are exempted u/s 80G of the Income Tax Act, 1960. Hope Foundation and Research Centre does not accept donations in cash.
How do you report mulitple donations from the same donor in a financial year?
All the donations of each individual donor will be aggregated and a single consolidated amount of donation for each donor will be reported. The is subject to the condition that the ‘Donation Type’ and ‘Mode of receipt’ are the same. Hence, donation for a single donor is required to be aggregated for each category of donation type and mode of receipt.