1. Purpose
Think Bengal is committed to raising funds in a responsible, transparent, and ethical manner to support its mission of empowering communities, preserving cultural heritage, and driving sustainable development across Bengal. This policy ensures that all fundraising activities are conducted with integrity, accountability, and respect for our supporters and beneficiaries.
2. Guiding Principles
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Transparency:
All fundraising activities and financial reports will be open, honest, and accessible to donors, stakeholders, and the public. -
Accountability:
Every rupee raised will be tracked, documented, and utilized strictly for the purpose for which it was intended. -
Ethical Practice:
We will not engage in any fundraising activity that compromises the dignity, autonomy, or rights of individuals or communities. -
Respect for Donors:
Donor intent will be honored, and privacy will be protected. No personal information will be sold, exchanged, or disclosed without explicit consent. -
Sustainability:
Fundraising efforts will focus on building long-term relationships, ensuring financial health, and reducing dependency on single sources.
3. Fundraising Methods
Think Bengal will raise funds through:
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Individual Contributions – Voluntary donations from supporters worldwide.
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Corporate & CSR Partnerships – Collaboration with responsible businesses aligned with our vision.
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Grants & Foundations – Applications to national and international philanthropic bodies.
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Events & Campaigns – Awareness-driven initiatives that also generate support.
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Digital Fundraising – Online crowdfunding, social media drives, and donation platforms.
All methods will be conducted lawfully and in compliance with relevant financial and charitable regulations.
4. Use of Funds
Funds raised will be utilized strictly for:
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Program implementation and beneficiary support
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Capacity building and skill development initiatives
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Community outreach, research, and awareness campaigns
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Administrative costs essential to efficient functioning (capped at a reasonable percentage)
An annual report will disclose detailed allocation of funds.
5. Donor Rights
Every donor has the right to:
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Know how their contribution is being used
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Receive timely acknowledgment and receipts for donations
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Request anonymity, if preferred
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Access published reports on Think Bengal’s financial performance and impact
6. Compliance & Monitoring
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All fundraising practices will comply with the Income Tax Act, FCRA (if applicable), and other relevant laws.
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A dedicated Finance & Fundraising Committee will oversee the planning, execution, and auditing of fundraising activities.
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Independent audits will be conducted annually to ensure financial integrity.
7. Conflict of Interest
Think Bengal will not accept donations that:
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Require endorsement of harmful practices, products, or services
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Conflict with the organization’s mission, values, or independence
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Come from sources linked to exploitation, discrimination, or unethical practices
8. Review & Amendments
This policy will be reviewed annually by the Board of Trustees to ensure it remains aligned with evolving best practices, legal requirements, and the values of Think Bengal.