Post
by kristheo » Tue Oct 16, 2007 5:05 am
Thank you for your question.
Usually, associations in Finland keep 20 percent as operational expense, but since most of the members of the association gives everything for free, we only have 10 percent or lower(but please dont quote me on this, I don't have the actual figure). A classic example of donation are services, for example our website is made by two volunteers, the priniting of brochures are donated by another member, you see most of the donation are in kind, last time we had fund raising and some of the food are donated this is one way why are expenses are reduced plus generate more funds. This year we went to Tampere, the gas, the food are all donated. Would you believe someone donated a 500 pcs of A4 paper?
What happens to the rest of the fund? it goes to our partner NGO, which we choose miticulously and monitor regularly, we are very strict. since we are very transparent, all you have to do is write a formal letter our auditor to see the books of accounts.
I understand your concer about where the money goes, but I assure you, it is really spent on the children.
Our membership goes from one end to another end of the spectrum, we have nokia global manager, previous supreme finland court judge, students, cleanner and even High school kids. So you see the trust that is given to the association is quite huge.
You can rest assure that it is the children that really benefit. So will I see you this Saturday?
