Where the money Goes? Where your money goes?
Donors want to know how much of their donation goes to the humanitarian services and programs the Fair Future Foundation and all our approved partners provide and how much goes to our costs for fundraising and management, and general.
While the ratio of program spending to overall expenses, including fundraising management, and generally varies slightly from year to year, over time, an average of 93 cents of every dollar the Fair Future Foundation spends is invested in humanitarian services and programs.
Some donors want to know how much of every dollar they donate to a particular disaster. For significant disasters like Covid-19, we generally allocate a minimum of 93 cents of each dollar raised to the program – and sometimes more. However, the Foundation responds to tens of causes each year, and each of them offers services to tens of thousands of beneficiaries.
So we don’t track fundraising and management, and overhead for each of the individual programs. We honours the donor’s intention, and if a donor designates their donation for a particular action, their contribution will be allocated to this defined program.
Despite our many services, the Fair Future Foundation is one organization. We are authorized to classify ourselves in the category of the Official non-profit organizations, recognized as Pure Public Utility, Tax Exempted. One of our main priorities is to be mindful of costs, of all costs. We try to keep our fundraising and management overhead costs as low as possible so that we can spend more on people who are in urgent need of our services.
We regularly look for ways to streamline, consolidate operations and reduce expenses. We use volunteers every day to keep costs down.
Fair Future Foundation receives donations from several sources: Financial donors, private donors, corporations, or other legal foundations. But also sometimes donations in kind.