GiveIndia/Give Foundation processing

1. Donor makes a donation to an Indian charity

   • If making a CC donation, the following decision tree is followed once donor is redirected to GiveIndia’s site:

     • If donor is a tax paying Indian citizen, donor is charged in INR, funds go straight to GiveIndia (GI) and donor receives a donation receipt from GI.

     • If donor is not an Indian citizen, donor is charged in USD, funds go straight to Give Foundation (GI US 501c3) and donor receives a donation receipt in the UI.

2. Organization is invoiced for all batch (non-CC) donations by Processing in USD and funds USD into their BBGF bank account

3. Processing Analyst (PA) transfers the client’s batch funds from client BBGF account to Processing Fees account

4. Partner PA wires all funds in USD weekly via electronic international wire to Give Foundation.

5. Give Foundation confirms receipt of funds.

6. Give Foundation processes out donations in USD as wires only according to their schedule.

• Donation Type: All

• Processing Currency: USD/INR

• Processing Cadence:

  • Partner wire batched monthly on the first Friday and sent the following Tuesday

    • If Friday or Monday are BB holidays, wire will be sent on Wednesday

  • Batch processed (all GI clients, not just YC) monthly via wire or electronic payment

• Refunds are not possible

• Vendor Name on Donor Bank Statement (CC Only): TBD

• Vendor Name on NPO Bank Statement: TBD

Standard giving: Non-CC donations invoiced in USD by YC will be processed through Give Foundation - the US 501c3 arm of GiveIndia in USD. Give Foundation processes monthly via international wire to the end organization.

In-country giving: CC donations only (funded direct to GiveIndia in INR) will be processed through GiveIndia in INR. GiveIndia processes monthly electronically to the end organization.

• Fee Structure: Tier 2

• Fee Coverage Options: Can be covered by client as part of Global Processing Model

• Finance Invoices For: 9.99%