Oxygen is critically required to treat patients affected with COVID, many of whom require hospitalization due to fluctuating oxygen levels. However, there is a severe shortage of oxygen availability across hospitals in India. Oxygen concentrators are alternate devices to oxygen cylinders – while cylinders contain a finite amount of oxygen supply, a concentrator recycles oxygen from the air and delivers it to the patient. They can be used to manage patient requirements without looking for external sources of oxygen.
Swasth is looking to raise Rs.1.5 Crores to procure the concentrators and deploy the same in areas of great need. The process of distribution of concentrators will be transparent and published in the public domain so every donor can see the impact he has created. The effort has already secured 10000 concentrators for immediate deployment and is currently raising funds to procure more.
Each high flow oxygen concentrator costs Rs. 85,000 and each low flow concentrator costs Rs 45,000.
- A contribution of Rs.45000 will procure one low-flow concentrator that can treat and save the lives of up to 900 patients with mild to moderate illness.
- A contribution of Rs. 85000 will procure one high-flow concentrator that can treat and save the lives of up to 550 patients with a severe or critical illness.
1) Are there any fees associated with the campaign?
No. Milaap is a free fundraising platform. We do not deduct any fees from your donation. You are however welcome to make a voluntary tip to cover for our expenses, while making the donation.
Yes, there are 2 options.
1) For Donors outside India and USA:
You can make a transfer to the following bank account
Beneficiary Name / Milaap Social Ventures USA
Account Number / 9800991814
Type of Account / Checking
Beneficiary Address / 5335 Montrose Drive,
Dallas, TX 75209
Bank name / Evolve Bank & Trust
ABA Routing Number / 084106768
Bank Address / 6070 Poplar Ave, Suite 200
Memphis, TN 38119
Please send an email to anoj@milaap.org and finance@milaap.org with the transfer details to receive acknowledgement. Acknowledgement will be issued within 1-2 working days.
2) For DAFs, Family Foundations and HNIs in the US
Donations above $1000 towards this initiative can be made through Milaap’s 501c3 partner in the US and will receive tax-exemption for US tax-residents.
Name: Asset India Foundation
EIN: 20-5139364
Account # 2602388791
Routing # 122105278
Bank name: Wells Fargo Bank
Swift code: WFBIUS6S
Please send an email to anoj@milaap.org and finance@milaap.org with the transfer details to receive acknowledgement. Acknowledgement will be issued within 1-2 working days.
3) Why are the exchange rates lower than real-time values?
We assure you that exchange rate you see at the time of donation is purely notional - funds raised in all foreign currencies (we support around 12+ international currencies apart from INR) are held in our US custodian account and transferred as $ when the organizers request the same.
The exchange rate they receive in Rupees is based on that date of receipt of funds through their bank. For example, current (27-04-2021) notional FX rate on site is 52 INR / SGD whereas the equivalent FX rate at the time of transfer (on 27-04-2021) to recipient is around ~ 55 INR / SGD
The notional value of keeping a slightly lower exchange rate for display is to ensure that fundraisers don't suffer from a shortage should there be a fluctuation/volatility in currency movements. So we are conservative with our display. Please note that we make no money directly or indirectly in FX arbitrages or floats associated with it.