Google+ Uganda Kitgum Education Foundation - Financials

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Finances

UKEF is an entirely volunteer-run foundation.

Nestar Lakot and Ed Grassere ensure the continuity of the project through their personal contribution.

The funds raised through donations, action programs, sponsorship and through fundraising are paid directly to the projects.

This is done without the intervention of third parties. The audit of expenditure shall be controlled from the Netherlands and in Uganda through our school board.

For example, if board members or other parties involved travel to Uganda, this is at their own expense

We limit the cost of the foundation to a minimum, unfortunately, completely free of charge is not possible. For example; bank charges.

Remuneration policy: 

In the Netherlands, the UKEF foundation only works with unpaid volunteers. The costs incurred in the Netherlands relate to management costs (bank and postage costs, registration costs at the Chamber of Commerce, etc.) and to PR (for example, having information material printed, website costs, etc.) printed.

The annual accounts for the period 2013 to 2019 show that the annual costs incurred in the Netherlands are on average 2.5% of the annual income of the foundation. This amply meets the requirement set by the Tax and Customs Administration for an ANBI.

If costs are made by volunteers, they will be reimbursed on the basis of actual costs incurred.

Directors in the Netherlands also receive no financial compensation

Of all the gifts, 90 to 95% go directly to our projects.

If you want to know more about our projects and finances, please contact us, This email address is being protected from spambots. You need JavaScript enabled to view it.

Financial report 2013

Financial report 2014

Financial report 2015

Financial report 2016

Financial report 2017

Financial report 2018

Financial report 2019

      DONATIONS : Bank information  : BIC/SWIFT : ABNANL2A - IBAN : NL26 ABNA 0603 5870 54ANBI LOGO
      KvK / Chamber of Commerce registration : 57166250  - ANBI / Registration 8524.65.178