How Does Crowdfunding For Down Syndrome Work?

By Author: Safal Sisodiyaa
Total Articles: 4
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Genetic disorders have a significant effect on a child's growth. They require years of treatment which puts parents in jeopardy financially. It is challenging to keep up with the medical costs, no matter the savings for years to come. Down syndrome is one such disorder. It is caused because of abnormal cell division in babies. The victims of this disease have distinct facial features, physical anatomy, and developmental complications.
It severely impacts the child's growth, causing lifelong intellectual disability. The treatment involves special education aid and therapy. Since it is a long-term requirement, medical bills pile up. Crowdfunding for down syndrome is a feasible method to get through the treatment costs. Some online fundraisers support you in the process. They set up the campaign, which includes the following aspects:
Fundraising goal
An essential component of the campaign is establishing a goal amount. This depends on the cause. As for down syndrome, the costs associated with the treatment get ...
... evaluated. Any possible additional expenses get taken into consideration. This way, uncertainty is avoided for the struggling family. An estimated amount is derived after considering the potential costs. This decides a target to reach with the campaign.
Spreading awareness
Donors need to understand the cause behind crowdfunding. The compelling pitch used in the campaign attracts them to donate for the purpose. Hence, after setting the goal, spreading awareness is a crucial step. Here, web-based platforms and social networking sites are used as a medium to reach out. The treatment and patient's condition details get carefully crafted into a story. This gets followed by a call to action to donate.
Donation rules
Every fundraising organisation has a distinct protocol to set up fundraising campaigns. They are entitled to keep a portion as fees and disburse the rest to the patient's family. Additionally, if the platforms use social media and other websites, spreading awareness might incur some costs. You get the final donation amount post-deduction of such expenses. You get clarity on these rules when you consult the campaign organiser.
Tax deduction
The good thing about raising funds through the public is the donations are tax-deductible. Hence, you need not worry about the tax liability on them. The fundraising organisations get registered with the Indian Revenue Service. This enables them to get exemption on the donations. If you seek to get donations for down syndrome funding, look into this aspect while choosing online fundraisers.
Disbursement to patient
The amount derived after the cost deduction gets disbursed to you. This gets directly transferred to the hospital, which prevents delay with the treatment. The campaign takes up to a few days or weeks to receive donations. This depends on the network used and the fundraising calendar of the campaign organiser.
Go with fundraising organisers having a vast network to get the best results. Also, study their reputation and record to get an idea before starting the campaign.

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