Is FCRA required for foreign individual Donors?

Hi,

We are a very small org working using sports to combat gutkha addiction among slum youth.

A lot of school and college mates settled out of India would like to donate sums like U.S. $ 100 or U.K. L 100.

Is FCRA neccessary for amounts as low as this too ?

Jamshed Chinoy
Saamarthya Foundation

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4 Responses to Is FCRA required for foreign individual Donors?

  1. Martin Pinto says:

    It is not the quantum of money. As long as you are receiving money from a foreign source. You are covered under FCRA and you will need Registration or prior permission.

    Martin Pinto

  2. Anup S. Khosla says:

    Yes FCRA registration will be needed if funds are received from any “Foreign Source”. In your case, if the individuals are not Indian nationals.

    Regards,

    Anup S. Khosla
    Financial Advisor
    HelpAge India

  3. B V Soma Sastry says:

    Dear All,

    Greetings from Hyderabad!

    In the query raised by Jamshed, I have the following to say:

    1. The source of funds is the criteria to determine nature of funds and not the quantum of funds.

    2. If all the friends of Jamshed are NRIs holding valid Indian passport, the remittance of funds will not require the FCRA registration since the source is Indian, irrespective of whether the funds are in Euros/Dollars/INR etc.

    3. If the friends are not Indian citizens then definitely, FCRA will apply and the remittance of funds to Indian NGO will require FCRA registration.

    Thanks and regards,
    _____________________________________
    B V Soma Sastry
    Director – Finance and Admin
    Centre for World Solidarity
    12-13-438, Street No. 1, Tarnaka
    Secunderabad 500 017
    Andhra Pradesh

  4. Bharat Bhushan says:

    Jamshed Chinoy
    Saamarthya Foundation

    Dear Sir,

    It is not possible to accept any foreign funding whether it is 100 $ or 10 $ or less than that without FCRA. The other option is that you could send this money to the organization having FCRA certification and that organization will fund the local NGO as desired by you.

    Best regards

    Bharat

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