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PURPOSE
Our country is going through an unprecedented health crisis due to the ongoing Covid-19 pandemic. While our governments are doing what they can, we need to stand up and support this cause more than ever, and do what we can to save the precious lives of our fellow citizens.
As the famous saying goes “One who saves one life, saves the entire world”.
With this spirit, a few of us corporate professionals have gotten together as a goodwill gesture, to help tackle the problem of oxygen shortage in Delhi NCR and surrounding areas, which have been worst impacted in this second wave of the Covid-19 pandemic. To further fuel this initiative, expand our outreach and maximize the social impact, we have collaborated with two large NGO’s i.e. Sambhav Foundation and Rotary International.
Based on discussions with various people in the medical fraternity (Doctors, CXOs of hospital chains, and Govt. Advisors), we have learnt that Oxygen concentrators are effective to treat patients with mild to moderate symptoms (particularly 85 <SpO2 concentration <94)
As the famous saying goes “One who saves one life, saves the entire world”.
With this spirit, a few of us corporate professionals have gotten together as a goodwill gesture, to help tackle the problem of oxygen shortage in Delhi NCR and surrounding areas, which have been worst impacted in this second wave of the Covid-19 pandemic. To further fuel this initiative, expand our outreach and maximize the social impact, we have collaborated with two large NGO’s i.e. Sambhav Foundation and Rotary International.
Based on discussions with various people in the medical fraternity (Doctors, CXOs of hospital chains, and Govt. Advisors), we have learnt that Oxygen concentrators are effective to treat patients with mild to moderate symptoms (particularly 85 <SpO2 concentration <94)
With this learning and a goal to ensure that no lives are lost due to lack of oxygen supply at home, we are starting with procurement of 500 oxygen concentrators for loaning free of charge to individuals, institutions, clinics, nursing homes. The whole objective of loaning is to ensure that the devices can be efficiently rotated for optimal use and maximum reach. We are building a logistics support network with our partner NGOs (Rotary International and Sambhav Foundation) and Corporates to ensure timely delivery, pick up and installation support at patient's home
We plan to scale up our efforts programmatically to increase penetration in Delhi and also serve other cities subsequently
We plan to scale up our efforts programmatically to increase penetration in Delhi and also serve other cities subsequently
FUND RAISING and UTILIZATION
We are raising 3.5 Cr in the first phase that will help us procure 500 oxygen concentrators. We are also accepting international donations. 80 G exemptions available for Indian donors
We have already placed advance orders for 200 concentrators, which are likely to be received in Delhi by the 8th/09th of May
These devices carry appropriate domestic and international certifications. Medical device experts and practitioners in our networks have vetted the specifications and the certifications for these machines
We are also placing soft orders/commitments for more machines pre-empting a higher demand in the coming few weeks
DISTRIBUTION STRATEGY
We want to distribute these O2 Concentrators under a loan program (free of charge), to the following
We are raising 3.5 Cr in the first phase that will help us procure 500 oxygen concentrators. We are also accepting international donations. 80 G exemptions available for Indian donors
We have already placed advance orders for 200 concentrators, which are likely to be received in Delhi by the 8th/09th of May
These devices carry appropriate domestic and international certifications. Medical device experts and practitioners in our networks have vetted the specifications and the certifications for these machines
We are also placing soft orders/commitments for more machines pre-empting a higher demand in the coming few weeks
DISTRIBUTION STRATEGY
We want to distribute these O2 Concentrators under a loan program (free of charge), to the following
- Individuals with mild to moderate symptoms and who have been advised home care with external oxygen support, owing to an acute shortage of hospital beds, which are prioritized for critically ill patients currently. The concentrator will be loaned directly to the patient for a fixed duration based on pre-defined selection criteria and completely free of charge
- Underserved hospitals, clinics, temporary medical facilities set up by various private and public organizations/foundations, and nursing homes
IMPACT
- Timely oxygen support prevents health from deteriorating faster - In that eventuality when hospitalization is needed and beds are difficult to find, the machine can potentially provide a cushion before severity of the disease increases. It enables patients to buy time while they scramble for beds
- Unburden the Medical and Hospital infrastructure, which has completely collapsed – As per feedback received from our network of doctors and medical experts, nearly half of the Covid patients seeking hospitalisation can be treated at home if they are given oxygen support, thereby enabling availability of beds, equipments, ambulances and similar services for critically ill patients
- Break the chain - Risk of infection/re-infection in hospitals is high for kin/attendants of patients and recovered patients. Homecare using oxygen concentrators, for both pre and post treatment phases, can potentially help contain the spread to a large extent
1. Nishant Garg
2. Karan Bhutani
3. Varun Bhutani
4. Ankush Seth
5. Punita Sharma
6. Nikita Garg
7. Nishtha Bhatnagar
8. Vivek Singh
9. Dr. Rajesh Arya : Honorary Advisor
10. Hitashi Dhawan (Ambassador, West Coast)
11. Aperna Sardana (Ambassador, East Coast)
12. Dr. Priyasha Srivastava (Pulmonologist, Jersey City Medical Centre)
13. Dhananjay Vaidyanathan Rohini (Lead, Philanthropic partnerships)
14. Vishalakshi Verma (Lead, International Community Engagement)
15. Gaurav Jindal (Lead, Procurement)
16. Archit Mehrotra
17. Mokshda Wanchoo
21. Sandip Paul
22. Syed Ali Raza
23. Abrar Hussain
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Frequently Asked Questions, addressed by Team Milaap
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.
2) 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 ~ 55.2 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.
3) Are there bank transfer/wire options available for international donors?
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.
2.) For DAFs, Family Foundations and HNIs in the US
Donations above $10,000 towards Oxyjan - Saving Indians, Saving India 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: WFBIUS6
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Frequently Asked Questions, addressed by Team Milaap
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.
2) 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 ~ 55.2 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.
3) Are there bank transfer/wire options available for international donors?
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.
2.) For DAFs, Family Foundations and HNIs in the US
Donations above $10,000 towards Oxyjan - Saving Indians, Saving India 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: WFBIUS6
