The Rotary Foundation of the United Kingdom (RFUK) accepts donations by cheque or bank transfer. Donations should be paid by any mode other than cash in case the amount of donation exceeds Rs.2000/-, The Deductions which are available = 100% of the amount donated, The Deductions which are available = 50% of the amount donated, The Deductions which are available = 100% of the amount donated but, maximum upto the prescribed ceiling, The Deductions which are available = 50% of the amount donated but, maximum upto the prescribed ceiling. Also, the receipt should specify that donation is eligible for deduction u/s 80G. We recognize donors to express our gratitude for your commitment and offer individual and club recognitions, as well as naming recognitions that let you honor a friend or family member with a named or endowed gift. A corporation specified in section 10(26BB) for promoting the interest of minority community, Any notified temple, mosque, gurudwara, church or other place notified by the CG (for renovation or repair). Donate to The Rotary Foundation - international During the past 100 years, the Foundation has spent over $3 billion on life-changing, sustainable projects. Presently complete details of donee (the person to whom the donation is made) are required to be entered manually by the taxpayer (donor) . This is further sub-categorised in funds with, :- 100% deduction subject to qualifying limit and Receipt: To claim deduction u/s 80G, you need a receipt of donation to back your claim. I am non resident and made donations to Prime Minister’s Relief fund, can I claim deduction under section 80G? Account Number: 2121PM20202 The northeast El Paso Rotary Foundation raised $40,000. Donations can also be deposited in the Vicky Neil account at the Duvall Bank of America. There is no specific donation receipt format issued by the Income Tax Department. online contributions in INR through both Rotary Foundation (India) website www.rotaryfoundationindia.org or through Rotary International website www.rotary.org . Fund set up by a State Govt. What type of donations are eligible for the deduction under section 80G? 3. regarding any contributions. For amounts up to Rs. Any donation made to political parties like souvenirs, pamphlets etc will not be eligible for deduction under this section . Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. For claiming deduction u/s 80G, you have to submit the following details in your Income Tax Return (ITR): Some points to be kept in mind while claiming deduction u/s 80G are as follows: Yes, you can claim deduction u/s 80G through your employer. Through your generous donation, the Foundation is … 2582374 – registered in England), is an Associate Foundation of The Rotary Foundation (TRF) of Rotary International Evanston, USA. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments. Incase of any discrepancies, please email to info@rotary.org or write to Address: Secretary Goto www.rotary.org and click on the large blue GIVE button on the top right hand side. Yes, the benefit of claiming deduction under section 80G is allowed to both resident and non residents. If donation falls under 100% deduction category, then Form 58 is a must. The donations above Rs 2,000 should be made in any mode other than cash to qualify as a deduction under section 80G. Save taxes with ClearTax by investing in tax saving mutual funds (ELSS) online. RCBP has partnered with Mahindra Foundation for funding scholarships for the needy students for graduation level. Data privacy is important to Rotary International and The Rotary Foundation (collectively, “Rotary”) and the personal data shared with Rotary will only be used for official Rotary business to support Rotary’s … Rs.2,000 you can make donations in cash. Read below to know how much deduction amount your donation is eligible for. No tax benefit for cash donations exceeding Rs 2000 shall be allowed to the taxpayer. If you have Microsoft Matching send checks to Rotary Foundation … Also , the individual , spouse or children should not own a house property in the place of employment for claiming this deduction. To donate to the the Annual Program Fund (APF) select Annual Fund – SHARE. The mission is to enable Rotary's members to advance world understanding, goodwill and peace through the improvement of health, the support of education and the alleviation of poverty. The more we give, the more of The Rotary Foundation … The first donation was $26.50, the profit from the International Convention held in Kansas City, MO. According to Section 80G in the India tax deduction rules, donations to National Children Foundation, University or educational institution of national importance, Prime Minister's Relief Fund, charitable institutions etc are deductible from the taxable income. Who can claim a deduction under Section 80G? It doesn’t matter if the assessee claiming the deduction is an individual, HUF, Company etc. His vision became The Rotary Foundation.– Past RI President Arch C. Klumph. Just complete the RFUK contribution form and either send the complete form via email or post together with your donation as explained on the form. Donations made to only specified funds are eligible, names of which are enlisted above. 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