A guide to how your money is spent

What is the money for my child spent on?

The main basis of our programmes is to provide education. In the Western world we often have a choice about education for our children – in Nepal we hope to give a child a “chance”. This will allow them to receive education as a result of support through our sponsorship programme, as a result of which the children will have broader and brighter opportunities in the future.

The sponsorship funds are spent according to the needs of each individual case. A combination of some or all of the below will be provided for: School registrations and Tuition fees, Uniforms, Books & Stationary, Tiffin (school lunch), medical aid and supplementary food & clothing.

How much of what I give to CHANCE is spent on administration and running costs?

At Chance we pledge that 100% of the money donated by any individual will be spent on the child or family whom they sponsor. We are very proud to be able to make this pledge and believe that when individuals donate and develop a relationship with a sponsored child they want to know their money is being spent efficiently and directly on the cause for which it was meant.

We are able to do this by efficient management of Gift Aid. For every pound donated by UK taxpayers, we can claim 28 pence from the inland revenue. These funds allow us to provide welfare and education for more children and their families, such as the Moktans. In addition they help us manage the administration without using funds coming directly from our donors wallet.

How do I know my contribution is going where you say it is going?

Here at CHANCE we believe accountability and transparency are paramount values. We will at any time be happy to share with you the financial accounts and file relating to your sponsorship. These files are collated and an external management accountant produces a financial report which is available to the charity commission on an annual basis. We also adhere to an independent financial watchdog organisation, which provides guidelines for the running of Charities. Please click here if you wish to view their site: BBB Wise Giving Alliance.