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Earning and maintaining our donors’ confidence is immensely important to Children International. That’s why we’ve established stringent accounting and financial reporting procedures to ensure the gifts we receive have the maximum impact on sponsored children and their families.
Each contribution you make is directly deposited into the bank where state and federal bank examinations ensure its safety.
Sponsorship funds are transferred to each agency in accordance with an approved budget.
Sponsored children receive benefits and services through their field agency. Our field staff follows strict guidelines to ensure your sponsored child receives guaranteed benefits and additional care when needed.
When you send special gifts to your child, you’ll have direct contact with a Sponsor Services representative to make sure your gift reaches your child as quickly and efficiently as possible.
To ensure that each dollar we receive is used as efficiently as possible, we’ve developed a thorough system of checks and balances. All CI agencies follow rigorous reporting procedures and are required to pass three audits per year. These are some of the ways we guarantee the funds we send to field agencies are spent in strict accordance with a pre-approved budget:
Independent local CPA firms perform two audits each year on all CI field agencies.
Once each year, internal auditors perform on-site financial audits of each field agency.
Representatives from CI headquarters visit field agencies frequently to perform detailed reviews of facilities and operations. They also visit sponsored children and conduct interviews to ensure they’re receiving the benefits and services promised to our sponsors.
In 2012, 83% of Children International’s total expenses went to support the programs and activities that directly affect sponsored children.