donations and expenditures
General
Over the years, we have received numerous questions about responsible and sustainable business practices, administrative costs and the possession of a donation seal.
We would like to address two of these questions and use them to explain the financial concept of the Nepalhilfe Beilngries, among other things.
According to your statements, you ensure that 100% of donations go to your projects. How do you cover the administrative costs then? We distinguish here between two areas of income, namely donations (donation receipts can be issued for these) and the so-called business operations (sale of calendars, books, etc., according to the tax office, donation receipts cannot be issued for these). All costs incurred, such as for public relations, taxes, IT and travel expenses, are covered by the proceeds from business operations.
Why don’t you have a DZI donation seal? Applying for a corresponding donation seal requires a great deal of bureaucracy and involves running costs in the four-digit range. Since the criteria for the donation seal describe administrative costs of up to 20% of income as acceptable, and our costs, in contrast, are in the single-digit percentage range, we understandably do without the donation seal.
Source: Sustainability Report 12/2017
Go to the financial overviews
The association’s accounts are kept by our treasurer on the basis of a net income method of accounting. These are regularly audited by a tax office and the result is documented in an audit report.
Our income is generated mainly from donations, the proceeds from calendar sales and benefit events.
Expenses are spread across three main areas: the operation of our children’s house, the costs of school projects and expenses in various projects, such as two hospitals specialising in the treatment of destitute patients. We ensure the sustainability of the implementation of the individual projects through regular on-site visits.
2021
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