One of our core values is transparency and accountability. We expect and trust our partner organizations to utilize the funds responsibly and effectively for the purpose they have been allocated. We also expect our partner organizations to provide unrestricted access to their financial records (related to the project) and to conduct periodic reviews of fund utilization reports.
For ongoing projects, partner organizations will be expected to submit standard utilizations statements at the time of request for the next funding tranche. Audited financial statements will only be expected twice a year (half yearly statement and end of year statement). For one-time projects, audited fund utilization statements will be requested post the completion of the project or at a mutually agreed time. This collaborative approach underscores our dedication to making a positive and measurable impact through our philanthropic endeavors.