Grameen Foundation

Oversea company
Global consolidated financial statement was submitted to the Company registry
Breakdown details of program services and support services were stated on the audit report
Income and expenses in Hong Kong was also stated
Major source of income were contribution and grants
Good fund raising efficiency
Cost of raising every $100 was $2 and the fund raising expense was about 1% of total expenditure
Project expense, salaries and administrative cost were about 84%, 10% and 5% of total expenditure
Front line staff cost was grouped under project expense
Salaries represented the staff under support services
Low administrative expense reflecting good cost control
Recorded a deficit
Cash in hand can support about 8 months of operation
Helped more than 9.4 million people to step out of poverty
Services covered 35 areas including America, South America, Africa, Middle East, India, and China etc

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 have website with Chinese version

Charity Information

To enable the poor, especially the poorest, to create a world without poverty </br> Professor Muhammad Yunus and Grameen Bank received the Nobel Peace Prize in 2006

http://www.grameenfoundation.org/asia/china

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