Non-Pree Commitment - Crowdfunding Platform
A General Member may seek crowdfunding (financial support) exclusively from other group members—not the public—for purposes such as medical expenses, educational needs, natural disaster relief, or business funding (loans, debt, or capital), without any obligation.
This initiative is exclusively for members and does not involve public participation. The NGO is unable to provide any security or guarantee regarding the generation of funds. Participation is entirely voluntary; members may choose to contribute an amount of their own choosing, without any obligation or requirement to donate a specific sum.
To qualify for membership as a General Member, an individual must be a resident of India. Interested candidates are required to submit an application along with a valid identification document (such as PAN or Aadhar card, or Voter Card) and pay a one-time Membership Fee of Rs. 100/-.
Additionally, an Annual Service and Account Handling Charge of Rs. 100/- must be paid to the NGO at the beginning of each financial year. Once membership is granted, there are no further fees or charges for participating in any social security programs through crowdfunding from fellow members.
Standard Operating Procedure
- The applicant must be an Indian citizen.
- Caste, religion, language, gender, color, age, rich-poor will not be discriminated for becoming a General Member.
- An individual who possesses Flashstar Foundation Equity Shares is deemed qualified to register as a member of the one or multiple Social Security Program, exempting them from any annual fees or membership charges.
- He is required to submit his written application for membership.
- The prescribed membership fee is a one-time, non-refundable amount of Rs. 100.
- Members must remit an annual fee of Rs. 100/- for service and account management in order to sustain their membership from 01/04/2025.
- This does not constitute an insurance program and does not gather any insurance premiums.
- For KYC purposes, he is required to submit any of the following documents: PAN Card, Aadhaar Card, Voter ID, or Passport.
- Eligibility for this scheme is restricted to the spouse or legal heirs (children) of the member of the Social Security Group.
- Upon becoming a member, the NGO will issue a membership number to the relevant individual.
- A General Member is allowed to solicit Crowdfunding (Financial) solely from fellow group members (excluding the general public) for a range of purposes, including Medical Expenses, Educational Requirements, Natural Disaster Assistance, or Business Financing (Loan/Debt/Capital), without any associated obligations.
- The General Member Crowdfunding program is solely intended for members and does not permit participation from the public.
- The NGO does not receive any assurances or guarantees concerning the generation of funds from members via the crowdfunding platform.
- Participation in crowdfunding for general members is completely optional; group members have the freedom to contribute any amount they desire, without any obligation or requirement to donate a predetermined sum, in accordance with their personal wishes and humanitarian considerations.
- The NGO will establish a dedicated fund to assist general members during emergency situations, providing financial, medical, and food aid to both the members and their families. Contributions made by members will be allocated to this fund.
- The NGO is not receiving any financial support from either the Central or State Government, nor from any other financial or non-financial institutions for this fund and program.
- The General Member group does not have a restriction on the number of members.
- The NGO has explicitly stated that no member is permitted to make any payments, either directly or indirectly, to other members of the group. Furthermore, individual members are prohibited from engaging in any independent financial or non-financial transactions without the prior consent of the NGO. The NGO shall not be held liable for any financial or non-financial losses incurred by its members.
- A crowdfunding request from any member of the group will be submitted to the NGO. Following a thorough review, the NGO will publish the request and distribute it to the group members.