What Documents Do You Need To Start Crowdfunding?

By: Hitesh, Chiara

Published On: November 11, 2020

ImpactGuru has made fundraising an easy, 5-minute process. From starting your campaign, to sharing it, to receiving donations from all over the world, and to using the funds raised, crowdfunding has never been this easy. But before you start, there’s something you need to keep handy. 

A crucial component of starting a campaign is providing the necessary documents. These are required for 2 reasons:

  1. To ensure a smooth approval process: Like a bank would require documents to smoothly set up your account, we too request for documents to safely set-up your fundraiser and account.  

  2. For the donors invested in your cause: Some of the donors to your campaign will be your family and friends; some will be complete strangers. Donors are interested in helping and like to feel personally invested in the progress made by the patient or cause. Sharing these details helps them connect and understand you better.

 

But hang on, don’t bring out the whole binder of files. We require a minimum number of documents before starting your crowdfunding campaign, and the requirements differ depending on your cause. Here are the details

 
  1. Are you a patient, or the relative/friend of a patient? 

If you want to start a crowdfunding campaign for meeting medical expenses (which could range from medicines to diagnostic tests to operations), we will be needing:

  • An identity proof of the patient (ideally, their Aadhar card & PAN Card);

  • Lab test reports (if any), and bills for medicines (if any);  

  • An estimate from the hospital/clinic mentioning the patient’s name, the medical complication faced, the treatment recommended, and the cost for the same.

 

 
  1. Are you looking to raise funds for a specific cause, or a personal project?

Maybe a smart child in your neighborhood has been forced to leave her studies due to lack of funds. Maybe your talented cousin has been selected for an international sports meet, but may have to skip it as she cannot pay for the plane tickets. No problem! All you will need is:

  • The beneficiary (that is, the smart child or talented cousin)’s Identity proof document (ideally, an Aadhar card & PAN Card)

  • All other relevant documents. For your cousin, could you provide any proof of the selection, or any proof of the national-level or state-level competitions they participated and won at? For the child in your neighborhood, could you provide details of their marks in previous classes, or (if possible) an income certificate for the family? 

 

For Non-Governmental Organisations:

We understand that you may be raising funds for varied causes. Sometimes, some NGOs try their best to help patients, but are unable to. They refer these patients to us. Some NGOs try to raise funds for a specific cause - in recent times, to buy food packets & hygiene kits for unemployed daily wagers. Some NGOs - like Yash Charitable Trust’s Cafe Arpan - need help to sustain themselves; otherwise who will look after those dependent on them? We will be requiring just these documents from you:

  • Registration Certificate or Trust Deed or Society Deed or Incorporation Document for Section 8 company;

  • PAN Card copy (specifically of the NGO);

  • If available, Section 12AA certificate or 80G certificate, from the Income Tax Department;

  • If you wish to receive foreign donations as well, we will need your valid FCRA Registration Certificate and FCRA Bank Details.


If you have these documents already in hand, then you’re ready to start.

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