Frequently Asked Questions
1 Is my donation tax-deductible?
Yes. The Majurity Trust (TMT) is recognised as an Institution of Public Character (IPC). Your donations will be eligible for a 2.5 times tax deduction. Donations are to be made by 31 December to be included in the current year’s tax assessment.
2 Do I get a donation receipt?
You will receive an email to acknowledge the receipt of your donation via our website. If you have opted to receive a Tax Deductible Receipt (TDR), the tax benefit will be automatically included in your tax assessment based on the NRIC/FIN/UEN provided. We will follow up with your TDR within 1 week of your contribution by email.
3 Should I wish to make an individual donation, will I have to provide my full NRIC/FIN?
To comply with the Personal Data Protection Commission (PDPC) guidelines, your full NRIC/FIN will only be collected if you require a TDR for your donation. Should you not wish to receive a TDR, you will not be required to submit your NRIC/FIN.
4 Besides donating online, how else can I make a donation?
You can write us a cheque payable to “The Majurity Trust Limited – Grant” and mail the cheque to our office at 152 Beach Road #24-01 Gateway East, Singapore 189721.
Please include your name, email, and the Fund you would like to designate the donation to at the back of the cheque. Should you require a tax deductible receipt, please include your NRIC/FIN (for individual donations) or UEN (for corporate donations). Please drop an email to email@example.com after you have mailed the cheque out. We will keep a look out for it and reach out to you via email once we have received it.
We do not accept physical cash donations for security and accountability reasons.
5 Who decides how funds are used within each Fund?
Each Specified Fund has a designated grant panel who will oversee the grant approval process. Details of the grant panel can be found in each fund’s description under ‘Funds & Grants’ in the ribbon above. For TMT General Fund, our management will decide on the fund allocation to deserving and innovative initiatives, programmes and charities that falls out of our other specified grant criteria.