Any organization funded by ASTI must be registered
with the Central Government of India as a nonprofit organization under
Section 80-G of the Income Tax Act, and register for a permit to receive
foreign currency with the Foreign Currency Registration Act (FCRA).
Finally, submit an Annual Report on activities. Once approved,
organizations can refer are requested to refer their donors to ASTI
who will forward the full amount to the organization.
ASTI is a donor-driven organization and therefore depends on the
contributions of the generous public to support worthy programs
in India. More than just providing financial support, ASTI also
offers a wide range of technical advice in many areas of expertise
such as engineering, medicine and education.
ASTI is a registered 501(c)(3) non-profit corporation, so donations
made through ASTI are tax-deductible in the U.S. It is our strict
policy that 100 percent of all general contributions to ASTI is
sent directly to our recipients in India.
ASTI Board members receive no compensation for their activities.
Expenses of the organization—our newsletter, postage, and
miscellaneous office expenses—are borne by the members and
by the generosity of supportive donors.
Each year at least two Board members travel to India at their own
expense to make sure our standards are maintained and to interview
and assess prospective recipients of ASTI funds. |
