Get to know more about Funds for Better and their project.

Introduction

Crowdfunding for Sabah Thalassemia Society is a non-profit fundraising project run by the organization of ‘Funds For Better’. Funds For Better was recently established exclusively for the Final Year Project (FYP) – SULAM, by the final year students at University Malaysia Sabah Labuan International Campus (UMSLIC). The said project is one of the required assessments that will be evaluated under the course of Corporate Finance (Course Code: GA30203). 

Our team decided to launch a virtual crowdfunding campaign for this project via ‘mrstartr’ to utilize cyberspace. besides that, our team also dedicate to spreading the awareness of thalassemia among the community of Sabah, Malaysia, counterpart to this year’s theme of Thalassemia Day. This project is to collaborate with an external organization of Sabah Thalassemia Society for this crowdfunding project to achieve its purpose.

There are four main objectives:

1. To provide knowledge on crowdfunding to the general public.

2. To raise public knowledge and current issues of Thalassemia in the community.

3. To support Sabah Thalassemia Society in their Blood Donation Campaign.

4. To raise funds for the Sabah Thalassemia Society to aid Thalassemia patients.

Funds For Better Organization

External Organization

Sabah Thalassemia Society (non–profit organization)

President of Organization : Mr. Francis Mujim

E-mail: [email protected]

Facebook: Sabah Thalassemia Society (https://www.facebook.com/STS.92/)

Phone. No: 088-717 100

Address: Lot 15, Tingkat 2, Block C, Kepayan point, Jalan Pintas Penampang 88200 Kota Kinabalu, Sabah, Malaysia

Participation Target and Budget

Funds Allocation

" We can't help everyone, but everyone can help someone" - Dr. Loretta Scott

1. Lack of Transparency 

The fear of donors’ lack of trust in our organization is on the line as we are new to the world of the fundraising campaign. This could lead to a lack of donors and supporters.The team will organize a weekly public post about our organization to provide accurate information to the community, which then able to minimize the said risk.

2. Underachieved Target

The team is well aware of this risk which might most probably be due to the downward economic trend occurring in the country, which may cause the lack amount of donations per donor.

3. Unintentional Donor Direspect

Unintentional donor disrespect is the last thing we want as it could lead to a bad impression of the management of the fundraising campaign. The team highly appreciates donors that support 9 this fundraising, and we are happy to serve inquiries brought up by the community. To avoid potential risks as such, the team is encouraged to answer such inquiries in the given set of time to avoid any miscommunications that could lead to unintentional donor disrespect

4. Lack of Acknowledgement

The community might not be aware of ongoing going campaigns. This could lead a to lack of donors and supporters and a failure of the project. To minimize the risk, the team are encouraged to do engaging post to promote the fundraising campaign.

This project is an assignment of the students in University Malaysia Sabah, Labuan Faculty of International Finance, and may not be suitable for everyone. 

This project has not been reviewed by the MyStartr and bear no responsibility for any information including any statement, opinion or report disclosed in relation to this fund raising exercise. MyStartr also makes no representation as to its accuracy or completeness and disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the information disclosed.