Donate

Bhavishya funds the majority of its activities with the help of budget sanctioned by IIM-L. However, there are a few initiatives, which by their very nature, need funding much beyond the support provided by the institute. Thus, we encourage you to donate for these initiatives. Currently, we have at least 2 such initiatives that need donation.

Paarijat: You can donate Rs. 7000 for the education of a girl child from 1st – 8th std., while you can donate Rs. 9000 for a girl child in 9th to 12th std.

Village development: Your donation for the village development initiative will be used for development activities such as, but not limited to, school infrastructure, clean drinking water, sanitation, and waste management.

Donation FAQs

1. Will I get tax exemptions for my donation?

Yes, Bhavishya will provide you with certificate for Tax Exemption under Section 80 G of Income Tax Act 1961. All donations to Bhavishya are 50% exempt from tax under Section 80 G. The tax exemption 80G is applicable only for donations made within India. Also, tax exemption is only available for donation made towards Paarijat. Tax exemption for village development will be available soon once Bhavishya is registered as a society that can accept donations.

2. How long will it take for me to receive my tax exemption certificate/receipt for donation?

Bhavishya will send an 80 G certificate/receipt of your donation to the address mentioned by you in donation form or the email address provided by you. It will take a maximum of 21 working days to send the 80 G certificate/receipt. The tax exemption 80G is applicable only for donations made within India.

3. How can I donate to Bhavishya?

Donations to Bhavishya can be made both online and offline. You can donate online by credit card/debit card/net banking using the secure donation page. You can donate offline by making a check payable to Bhavishya and mailing to the address:

Bhavishya Room

2nd Floor, Hostel 11-12,
A/c Number : 31053169341
IIM Lucknow,
Prabandh Nagar, Lucknow – 226013 India

4. What will my donation be used for?

Your donation can be used for any of the multiple initiatives of Bhavishya. On the Donation page, you get an option to select the particular activity that you wish to donate to. There is no specific donation amount for any activity except for Paarijat.

For Paarijat: you can donate Rs. 7000 for the education of a girl child from 1st – 8th std., while you can donate Rs. 9000 for a girl child in 9th to 12th std.

Village development: Your donation for the village development initiative will be used for any development activities such as, but not limited to, developing school infrastructure, creating clean drinking water infrastructure, building sanitation and waste management infrastructure.

5. Can Indian nationals residing abroad donate online?

Yes, they can, but with their Indian bank accounts only. As long as the source of donation is an Indian account, Bhavishya can accept donations. Also, donors will get an 80G certificate which may not be relevant while filing tax returns outside India.