General: Questions and Answers Is MyFundAction a registered NGO? Yes. We are a registered NGO. Formerly known as Yayasan Dana Kebajikan Muslim Malaysia established since May 7, 2014. Currently changed our name to Yayasan Kebajikan Muslim (MyFundAction). Why do we change name? A new branding name and images was developed as we go global. “My Fund Action” are chosen to carry the action taken from the fund given by you to us. What does MyFundAction actually do? We are empowering youth skills and development by getting them involves in every projects we do especially towards serving back the community. Why donate to us? We recognize transparency as one of our core values. That means donors will be ensured that each cents from the donation will be given to the right needy community. What are MyFundAction's focus areas of work? MyFundAction focuses on youth development in 3 aspects;VolunteerismEntrepreneurshipAcademic Excellence Does MyFundAction follow Sustainable Development Goals (SDG)? Yes. All our projects are created and developed based on the world Sustainable Development Goals criteria. We work closely in making our youth contribution meeting towards the global targets. What is SDG? The Sustainable Development Goals (SDGs) were adopted by all United Nations Member States in 2015 as a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. What are the projects under MyFundAction? The fund we used for projects falls under four category :FoodHealthEducationEntrepreneurshipFor list of details project, please click here Where are the other branches of MyFundAction? MalaysiaPahangPerakSabahGlobalNew ZealandEgyptIndonesiaAfricaJapan What is the percentage of fund distribution in MyFundAction? The distribution of funds received is 87.5% for beneficiaries, while 12.5% for operations for example accountability, administration, transportation etc. Kindly inform that we are in the process of reducing the percentage of operation cost in the future. MyFundAction's Work Can I pay zakat through MyFundAction We are not a representative for the Lembaga Zakat. Thus, we cannot issue zakat receipts. However, we can provide tax release receipts from the LHDN. How do I donate specifically to the campaign I want? You can donate through the provided campaign link or through our bank account (Maybank – 5642 9431 8555) How are MyFundAction's projects funded? Crowd Fund RaisingCorporate fundingSponsorship/collaborationGrants local and international Can I volunteer for MyFundAction? Yes. Registration to volunteer at MyFundAction can be made via the link: YOSH What other ways can I get the latest campaign updates other than following MyFundAction on social media? We welcome you to join our Whatsapp group. There we will share many latest updates about our campaigns. For more information, please contact our representative ( Fatimah – 0162181090) If the fundraising goal has been achieved, what will MyFundAction will do with the excess money? In the unusual event that a project or appeal is over-funded, donation drives will be stop and we will complete the final project execution. Supposing if there is, we will allocate excess funds in the general donation for other ongoing projects. I want to donate by doing Autodebit deductions every month. How to do it? For Autodebit, we provide two (2) options for our donors.First option:We will send you a monthly reminder for Autodebit deduction via link.Second option:Direct deduct from your credit/debit card which we require you to contact our representative (Fatimah – 0162181090) to share your full details required. Does MyFundAction accept donations of supplies? It depends on the type of goods and supplies. At certain cases for certain campaign, we do accept donations of supplies in large quantity.For more information, please email to us at public.relat[email protected] Tax FAQs How to donate to MyFundAction There are few ways to donate to MyFundAction which is –You can donate to us via our official donation page https://myfundaction.org/Offline Donation – You can bank in direct to any registered bank account of Yayasan Kebajikan Muslim (MyFundAction)Yayasan Kebajikan Muslim (MyFundAction)Maybank Islamic564294307891Yayasan Kebajikan Muslim (MyFundAction)CIMB Islamic86-0259568-7 Is my donation tax deductible? Yes, MyFundAction is an NGO under sub-section 44 (6) of Income Tax Act 1967, and all cash donations to MyFundAction are tax deductible (applicable only to donations made within Malaysia) Is there a minimum amount of donation required for me to be eligible for tax-deduction? Yes, there is a minimum amount of donation. However, please note that we have a certain level of administrative cost that needs to be maintained (postage, admin etc), as such we require at least RM50 should you wish to claim for tax deduction. What information do you need from me if I want to get a tax deduction receipt for donation? The Inland Revenue Board (IRB, or commonly known as LHDN, Lembaga Hasil Dalam Negeri) has recently issued the revised Guidelines for Approval of Director General of Inland Revenue under Subsection 44(6) of the Income Tax Act dated 15 May 2019 (“Revised Guidelines”). The Revised Guidelines supersede the previous Guidelines dated April 2005 (“Previous Guidelines”). Based on the Revised Guidelines, donors must provide complete information of the following details in order to obtain an official tax deduction receipt from the organisation: Donor’s full name as per NRIC / Passport: NRIC Number/SSM: Telephone Number: Email Address: Amount: (Attach bank in slip) Campaign Name: Date of Transfer: The Revised Guidelines also states that the approved institution or organisation is not allowed to issue tax deduction receipts to donors who fails to provide their complete personal details stated above. Is donation applicable in Malaysia and overseas? The donations made for campaign in MyFundAction applicable within Malaysia only. When tax deduction receipt will be release? The tax deduction receipt will be given within 3 working days How do I get the tax deduction receipt? Tax deduction receipt will be sent to the email address given through [email protected] How to check on LHDN approval? Donors can go to portal LHDN and search for Tabung Kebajikan & Pendidikan MyFundAction Who may I contact to request for the tax deduction receipt? Who may I contact to request for the tax deduction receipt? When can I request tax deduction receipt for current year? Donors can request tax deduction receipt within the year until 31 January of the following year.