Donate to Sri Venkateswara Educational Building Fund

Tax Deductible Donations!

Sri Venkateswara Educational Building Fund (SVEBF) Trust is a special entity created to build an Educational/Cultural Hall to support and develop Hindu religious and cultural education amongst the Hindu community in Australia. The focus is to provide Hindu religious educational facilities to our children, thus making a significant contribution to the future wellbeing of our society. We plan to build the Hall within the land area of the temple at Helensburgh, NSW, in the coming year. The architectural plan envisages a 500 seat auditorium and a library with ancillary facilities for a spiritual retreat. The cost of the Plan is currently estimated at $2.0 million.

We invite our devotees to donate generously and receive the blessings of Lord Venkateswara, Lord Shiva and Lord Ganesha. Such donations are treated as tax deductible in that the amount you donate can be deducted from your taxable income on which you have to pay tax thereby reducing your tax. The more you donate the bigger the deduction that you would be entitled to claim.

WHO CAN CLAIM A DEDUCTION?

Deductions for gifts are claimed by the person or organisation that makes the gift (the donor). A donor can be an individual, company or a trust.

HOW MUCH CAN BE CLAIMED?

The amount of the deduction depends on the type of gift. For gifts of money, it is the amount of the gift of $2.00 or more.

What you have to do:

Ø      Issue a cheque in favour of Trustee of SV Educational Building Fund to claim a deduction in the tax year 2008/9. Please mail the cheques to The Trustee, SV Educational Building Fund, SVT, Temple Road, Helensburgh, NSW 2508. OR hand over personally to one of the Trustees.

Ø      If you are paying by credit card or direct debit to your bank account provide details of your credit card/bank card to one of the Trustees: Dr. A. Bala -9746 7789 or  Mr. R. Kanagarajan on mobile 0422406771

Ø      Obtain a SVEBF Trust receipt for the amount of the donation;

Ø      Keep the receipt with your other tax records. This will help you to prepare your tax returns and in case your claims are checked by the Tax Office;

Ø      If in doubt consult your Tax Advisor or Financial Planner.