FOUNDATION / CHAPTER 10 OF 13
Transparency.
Accountability as an ambition
The proposed model envisages public annual financial reporting and accounts of individual humanitarian projects. The intention is to distinguish funds used for assistance from necessary operating costs and to show clearly how resources are allocated. These are proposed future reporting practices; no Foundation accounts, reports or verified project results currently exist.
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Annual reporting
The proposed direction is to publish a clear account of the Foundation’s finances and activities for each reporting period after it begins operating. This remains a future reporting intention, not an existing annual report.
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Project-level records
Future reports could explain the aims, costs, implementation and observed outcomes of individual projects, while acknowledging uncertainty and any limitations in the evidence.
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Limits of disclosure
Transparency must be balanced with privacy, safety and dignity. Public disclosure should not put people or communities at risk. No independent audit or external certification is claimed.