Sponsorship Donation Payment methods below (direct debit, cheque, or PayPal)
(Instructions on how to sponsor click here)
Funds are administered by the Tibetan Buddhist Institute Trust. Donations are sent to India and Tibet twice a year in January and July. Payments should to be received before 1st June and 1st December to make the distribution. Donations are in Australian Dollars ($AUD). Distributions are in local currency. The recipient (sponsee) receives the entire amount. Nothing is kept back for expenses.
Pay it forward
Donations can be paid ahead. Paid ahead donations are held safely in an interest bearing deposit account and the interest helps to run the scheme (i.e. to cover schemes bank fees).
Sponsoring in Perpetuity (Perpetuity fund)
Deposit AUD$3,000 for individuals or AUD$10,000 for a Geshe Scholarship into the Perpetuity fund. The interest earned will be used for your ongoing donation. This means that you will never need to make further payments. If you don’t have the full amount now, you can deposit part funds into the Perpetuity fund whenever you have spare money. Your deposits are held until the target is reached.
Sponsor ID (SID) : In emails or direct debits it is important to identify your donation. You will be allocated a SID after your first donation or email when we confirm your sponsorship. Please use the SID followed by surname and first name as the payment reference.
For example: SID=245 Surname=Armstrong then reference is: 245ARMSTRONG Carole
(Any other information on your deposit complicates the entry into your sponsor account.)
*PayPal require we give an option without the fee added so if you do not want to cover the fee then the sponsee gets less i.e.. $10-fee=$9.44 per month (fee subtracted from donation link)