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| Name of Organization |
Heifer International - Hong Kong |
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| Criteria I |
Governance: Having established a board of directors that provides adequate oversight of the charity's operations. |
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| 1.1 |
Name of Governing Board |
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| 1.2 |
Composition of the Board |
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Minimum number of members in the board is two. |
| 1.3 |
Any compensated voting members? |
No
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| 1.4 |
Current Members |
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| Chairman | Mr Antony Leung | | Vice-chairman | Mr Peter Lam | | Director | Mrs Annie Bentley | | Director | Mrs Nancy Hernreich Bowen | | Director | Mr Stephen Ip, GBS, JP |
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| 1.5 |
Core Duties |
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- Regularly scheduled appraisals of the CEO's performance
- Board approval of the budget
- Supervision of fund raising practices
- Establishment of a conflict of interest policy
- Establishment of accounting procedures sufficient to safeguard charity finances
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| 1.6 |
Number of Governance Board Meetings in the past year |
4 |
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| Criteria II |
Finances: Making available to public the charity's audited annual financial statements with a breakdown of expenses for its programs and administrative activities. |
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| 2.1 |
Financial Year |
From: 2008-07-01 |
| To: 2009-06-30 |
| 2.2 |
Publication of Annual Audited Report |
Yes |
| 2.3 |
Auditor's opinion included |
Yes |
| 2.4 |
Approval of Annual Budget by Governance Board |
Yes |
| 2.5 |
Approval of Financial Report by Governance Board |
Yes |
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| Breakdown of Income |
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Amount (HK$) |
Percentage |
| 2.6 |
Government Recurrent Subvention |
0.00 |
0.00% |
| 2.7 |
Government Project Fund |
0.00 |
0.00% |
| 2.8 |
Lotteries Fund |
0.00 |
0.00% |
| 2.9 |
Community Chest |
0.00 |
0.00% |
| 2.10 |
HK Jockey Club Charities Trust |
0.00 |
0.00% |
| 2.11 |
Donation and Fundraising |
27,461,367.00 |
100.00% |
| 2.12 |
Service Charge |
0.00 |
0.00% |
| 2.13 |
Earned Income |
0.00 |
0.00% |
| 2.14 |
Investment and Interest |
0.00 |
0.00% |
| 2.15 |
Other Income |
0.00 |
0.00% |
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| 2.16 |
Total Income |
27,461,367.00 |
100% |
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| Breakdown of Expenses |
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Amount (HK$) |
Percentage |
| 2.17 |
Service / Program Expenses |
27,307,428.00 |
79.99% |
| 2.18 |
Fundraising Costs |
5,819,115.00 |
17.05% |
| 2.19 |
Administrative Costs |
1,009,897.00 |
2.96% |
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| 2.20 |
Total Expenses |
34,136,440.00 |
100% |
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| Non-designated Net Assets |
| 2.21 |
Net Assets for General Donation
– Year End |
0.00 |
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| Remarks |
| 2.22 |
Remarks of the above financial figures |
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- Thanks to the Strengthening Grant from Heifer International U.S. from 2008- 07- 01 to 2009- 06- 30 to support our fundraising, administrative, operating and educating program expenses, all donations from Hong Kong of that financial year, without any deduction, get allocated to Heifer projects in China to help families get out of poverty.
- An overall surplus of HK$15,179,404 was realized in that financial year. This fund will get allocated entirely to the five-year Heifer Sichuan Earthquake Rehabilitation Project, as planned. |
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| Criteria III |
Fund Raising: Informing the public of the charity's mission and its intended use of the donated resources, and that all solicitation materials are accurate and truthful. |
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| 3.1 |
Inform donors of the organization's mission. |
Yes |
| 3.2 |
Assure donors that their donations will be used for the purposes for which they were given. |
Yes |
| 3.3 |
Provide donors with appropriate acknowledgement and recognition. |
Yes |
| 3.4 |
Assure donors that their privacy will be well protected according to the organization's privacy policy. |
Yes |
| 3.5 |
Inform donors whether those seeking donations are volunteers, employees or hired agents. |
Yes |
| 3.6 |
Disclose the portion that the charity will benefit from a sales transaction or cause-related marketing activities. |
Yes |
| 3.7 |
Respond promptly and honestly to queries and act on complaints about fund raising practices according to the charity's service pledge. |
Yes |
| 3.8 |
All solicitations and informational materials should be accurate, truthful and not misleading. |
Yes |
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| Criteria IV |
Service Quality: Having a system in place to assess the charity's service quality standards and effectiveness, and to determine future actions required to achieve its mission. |
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| 4.1 |
Number of service beneficiaries in the past Financial Year |
1,255 |
| 4.2 |
Number of volunteers in the past Financial Year |
26 |
| 4.3 |
Number of volunteer hours in the past Financial Year |
208 hrs |
| 4.4 |
Service Quality Standards |
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Have a board policy of assessing periodically the organization's performance and effectiveness and of determining future actions required to achieve its mission.
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
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| 4.5 |
Accredited by recognized service quality accreditation bodies, such as ISO. |
N/A |
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| Criteria V |
Transparency: Keeping the public abreast of the charity’s information in its annual reports and/or website, including mission statement, a summary of the past year's accomplishments, financial information as well as a roster of officers and members of the board of directors. |
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| 5.1 |
Most updated Annual Report published on |
2010-02-01 |
| 5.2 |
Most updated Annual Report available on Web |
Yes |
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Web link |
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http://www.heiferhk.org/index.php/chi/learn/heifer-newsletter/ |
| 5.3 |
Information available in Annual Report |
- The charity's mission statement
- A summary of the past year's program service accomplishments
- A roster of the officers and members of the board of directors
- Financial information such as total income in the past fiscal year,
expenses with breakdown of programme and administrative activities, and ending net assets
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