Frequently Asked Questions
% shows ratio of raised funds towards the total needed sum.
There are several ways for submission of a new project. You can do it through 1. registration with a special division of your profile, 2. submission of your contact information and short description of the project to our contact e-mail, or 3. contacting us via telephone.
It does not. Total sum of money indicated in each project will be used for purchase of needed goods and coverage of relevant income taxes. Fund does not generate any profit from proceedings of the project.
For the time being the following criteria are used for selection of the projects: 1. Project should focus on delivery of an object (or objects), which will contribute to immediate improvement of beneficiary’s quality of life. Requested goods can include everyday appliances, furniture or even working tools, which would support employment of the beneficiaries. 2. Cost of requested object(s) should not exceed GEL 500.
Fund does not select beneficiaries. Users do. User transfers funds to support specific project of his choice.
Fund is responsible for payment of an income tax in case it delivers free goods to individuals. For example, an individual receives a TV set which costs GEL 400. Organization has to raise GEL 500, pay income tax of 20% (i.e. GEL 100) and use remaining GEL 400 for purchase of a TV set for an individual. Income tax, GEL 100, constitutes 25% of cost of the TV set (400 X 25% = GEL 100).
Any type of VISA and MASTERCARD cards with three digit protection CVC code on its reverse side can be used for money transfers. Payments can be made with cards that are issued by Georgian or international banks.