Description
The objective of the project is to increase NGO Mondo financial capacity through private donations and provide organizational financial transparency by an accredited audit. The project enables NGO Mondo to implement its startegy to diversify its fundraising activities, submit its finances for organizational audit, and share its 5th Annual Report with its supporters, partners and donors. As a result, the project contributes to the evolvement of Mondo’s image as a trustworthy and reliable actor in development cooperation and international humanitarian arena.
Summary of project results
The objective of the project was to increase NGO Mondo's financial capacity and transparency, which would contribute to the evolvement of Mondo´s image as a trustworthy and reliable actor in development cooperation and humanitarian aid. Though such values cannot be achieved within a limited scope of a single project, Mondo started to implement communication strategy on donations on a more systematic manner involving also private sector actors. Mondo submitted its financial accounts to an accredited auditor for review, and a tax attorney provided a legal opinion on the matters of taxation of private donations. Mondo released its first annual report in the format of a calendar, which aims to serve the NGO's supporters and partners as a practical tool a year round. As a result of a project, Mondo has taken concrete steps forward to maintain and increase its funds from private sources, including innovative methods of linking schools and enterprises for supporting Mondo´s development and humanitarian work.
Summary of bilateral results