Finance and Accounts

From Noolaham Foundation
Revision as of 08:22, 18 August 2011 by Gopi (talk | contribs) (→‎Accounts)
Jump to navigation Jump to search

Noolaham Foundation is a non-profit organization. While Noolaham Foundation's executive and many other teams mostly consist of volunteers, there are several staff members who carry out program work. We also have equipment, hosting, software, and operating expenses. Currently, Noolaham receives most of the funding as in-kind donations from the public. We also receive funding from charitable Foundations.

Noolaham Foundation has a transparent acccounting mechanism which by every penny is accounted for and reported to the public through this website. We always strive to efficiently utilize our funds. The Finance Division of the Foundation is responsible for raising funds for projects and activities and keeping records to prepare financial statements.

Fundraising

Various individuals and institutions contribute in kind donations as well as monetary donations towards Noolaham Foundation's activities. For instance organizations such as literary associations, old school associations, and temples have donated towards the Foundation's projects. Many individuals have donated in memory of their loved ones. Currently, we have put forward several grant proposals to large institutions. We are introducing a Noolaham Sponsorship program, where we encourage individuals and organizations to contribute in an on-going basis. Please see Benefactors page for the list of some of the contributors.


Please see Donate.

Accounts


Annual Reports

Please see our Annual Reports for in depth information about the donations and expenses for the past years.