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Dharma Ddrum Mountain Foundation (hong Kong Branch)

Only audit report for year 2008 is available. Audit report for 2009 and 2010 have not been submitted to company registry yet
Major source of income was donation
No government subvention
All donation received during various activities
Estimated fund raising expense include activities expenditure, advertisement, stamps and printings etc.
Good fund raising efficiency
Cost of raising every $100 was about $14
Fund raising expense was about 13%
Project expense, salaries and administrative cost were about 75%, 3% and 7% of total expenditure
Major project expense was donation
Low salaries and administrative expenditure representing good control in cost
Recorded a surplus
Cash in hand could support 7 months operation
No service statistic on the website but news of latest activities and electronic magazine are available

核查日期:Nov. 3, 2018

Rating
Fund Needs
$$$
Fund-raising efficiency
Fund-raising expenses
Project expense
Staff salaries
Administrative expenses
010

Suggestion

To upload the latest audit report for 2009 and 2010 so that the public will understand the latest operation status and the need

Charity Information

Hong Kong Branch of Dharma Drum Mountain Foundation from Taiwan</br> To advocate “people’s quality enhancement and paradise on the Earth construction”</br> Activities includes classes of Tai Chi, mandarin, reading, and mediatation etc.

http://www.ddmhk.org.hk/

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