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| DONATE TO HELP SPREAD FINANCIAL LITERACY IN 2013 |
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| Dear Friend |
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| Greetings.
As we approach the year-end festivities, we thank you for being a part
of the Moneylife Foundation family. In this mail, I would like to share
our successes in 2012 and talk about our plans for 2013. |
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We turn three in February 2013 and by 27th
December 2012 we would have completed a massive 145 workshops and
seminars. This makes it the third year when we have maintained a
spanking pace of just under one workshop every week. Our membership has
galloped to over 18,000 members and we have also reached out to savers
in Kochi, Mangalore, Ahmedabad, Pune and Hyderabad.
As
all of you know, Moneylife Foundation runs a completely transparent
operation. Our donors and our events (with photographs/videos) are
uploaded on our website. We are grateful to all our sponsors, partners
and all of you members who have believed in us and committed to support
us with no strings attached. Check the full record of our activities here
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| About our 2013 initiatives |
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| India
has many problems that need to be addressed for which, I am sure you
will agree, there must be neutral and non-partisan voices, arguing for
more sensible laws, better regulation and more accountability of savers. |
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| Moneylife
Foundation is filling this vital gap but we now your support to build
on our learnings and move to another phase of activism, for which we
need to strengthen our financial base. Here is what we have in mind. |
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| a)
Start clinics and counselling sessions on fixed days for savers who
have specific problems in various personal finance issues like
insurance, Wills & Nomination, Taxation, Credit cards and legal
issues etc. This will be through computer chats and phone lines in order to ensure that expert advice and guidance is available to members anywhere in India, when they need it most. |
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| b)
Continue our efforts with the government for appropriate legislation to
prevent people—from the richest to the poorest—from being looted by
thousands of chain-money/Ponzi/pyramid and multi-level marketing
schemes. One impact of our relentless expose of dubious schemes like
City Limousine, Stockguru India, SpeakAsia & QNet, has been the
setting up of an inter-ministerial group to figure out appropriate
legislation and regulation of these entities. We need to keep up the
pressure to ensure that this translates to actual action. |
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| c)
We also want to continue educating people on how to use to the Right to
Information Act as a tool of empowerment. Our members have been very
privileged to attend four workshops by none other than Shailesh Gandhi,
who has the record of being the only RTI activist to become a Chief
Information Commisisoner (CIC) and has set a record for the number of
cases disposed during his 3-year tenure. |
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| d)
We want to be able to take up issues relating to credit scores and
credit history as well as senior citizens' issues. We also want to be
able to offer specific guidance on Wills & Nominations, which is an
area of enormous interest for our members. |
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| e) We have also begun work on a financial inclusion project with a difference and hope to be take it forward next year. |
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| As
you would agree, these plans require us to have a larger financial
base, no matter how frugally we continue to run our operations. We need
to engage people as advisors, pay for the cost of travel if needed,
expand the IT infrastructure (software, hardware, toll-free number,
broadband, staff, emailers) and employ more resources. |
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Do help us achieve our objectives for 2013 by donating to Moneylife Foundation.
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You
can also forward this letter to those who would appreciate what we are
doing and would like to either donate or help us in any other way.
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| As
always, we are looking for volunteers with domain expertise who are
willing to commit a fixed number of hours to help and guide people
through Moneylife Foundation. |
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| 80G Benefit:
Donations to Moneylife Foundation are eligible for tax exemptions under
Sec 80(G) of the Income Tax Act, Section (80G). Registration no is:
DIT(E)/MC/80G/685/2010-11 dated 7.2.11 effective 8.9.2010. |
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Please send a Cheque/Demand Draft in favour of 'MONEYLIFE FOUNDATION'
accompanied by a letter indicating if it is a corpus donation with the
following declaration: |
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| "I
have made a donation of Rs ________to Moneylife Foundation. This
donation shall form a part of the corpus of Moneylife Foundation." We
will also need your Name, Address, Contact details Email and PAN Number
in order to send you the tax-exemption certificate. |
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| Moneylife Foundation is a registered trust. The Trust registration no is E-26571 and PAN no is AACTM4377J. |
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| We look forward to your generous support and wish you a Very Happy Christmas and New Year. |
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| With best regards |
| Sucheta Dalal |
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| Trustee |
| Moneylife Foundation |
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Our Mailing Address:
Moneylife Foundation, 305 Hind Services Industries Premises,
Off Veer Savarkar Marg, Shivaji Park, Mumbai 400 02. Tel: 022-2444 1058/60.
Email us at: mail@mlfoundation.in |
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