Purpose
The Elizabeth Ngozi Igbinovia Foundation for Christ serves as a beacon of hope and support. It is a non-profit organization dedicated to uplifting communities through various enriching programs. To sustain its mission and extend its outreach, the foundation relies on the generosity of donors. This Donation Policy outlines the guiding principles and procedures that govern the acceptance, processing, and acknowledgment of all contributions.
Scope
This policy encompasses all forms of donations received by the Elizabeth Ngozi Igbinovia Foundation for Christ. It applies to cash contributions, checks, credit card transactions, online donations, and in-kind donations, which might include goods or services.
Acceptance of Donations
1. Unrestricted Donations: The foundation enthusiastically welcomes unrestricted donations, which may be utilized to support its vast array of programs and activities. These funds provide the flexibility needed to address diverse community needs effectively.
2. Restricted Donations: The foundation also accepts restricted donations, which are earmarked for specific programs or activities. In such cases, the Elizabeth Ngozi Igbinovia Foundation for Christ is committed to honoring the donor’s wishes and ensuring that these funds are utilized precisely.
3. In-Kind Donations: The organization is grateful for in-kind donations, which enrich its mission by providing tangible goods or vital services that enhance its programming and overall impact.
Processing of Donations
1. Receipt and Acknowledgment: Every donor will receive a heartfelt receipt and acknowledgment for their contribution, detailing the donation amount, the transaction date, and its intended purpose. This gesture reflects our gratitude and commitment to transparency.
2. Recording and Tracking: The foundation diligently records and tracks all donations within its accounting system, ensuring accuracy and accountability in managing resources that drive its mission forward.
3.
Compliance with Regulations: The Elizabeth Ngozi Igbinovia Foundation for Christ adheres strictly to all relevant laws and regulations governing charitable donations, which are detailed in the foundation’s
compliance policy.
Acknowledgment and Recognition
1. Acknowledgement Letters: Donors will receive formal acknowledgment letters, serving as a testament to their generosity. The letters will include the donation amount, date, and specific purpose of their gift.
2. Recognition: To honor the contributions of its supporters, the foundation will recognize donors through various channels, including its website, social media platforms, and annual reports, unless a donor requests anonymity.
Refund and Return Policy
1. Refunds: The foundation aims to uphold trust and integrity by offering refunds for donations made in error, or that cannot be allocated according to the donor’s specified intentions.
2. Returns: In the case of in-kind donations that do not align with the foundation’s needs or standards, the organization will facilitate the return of such items to the donor.
Confidentiality and Transparency
1. Confidentiality: The Elizabeth Ngozi Igbinovia Foundation for Christ places a high priority on maintaining the confidentiality of all donor information, including names, addresses, and donation amounts, safeguarding this data with the utmost care.
2. Transparency: The foundation is committed to providing clear, accurate, and accessible information regarding its programs, activities, and financial management, fostering trust and confidence among its supporters.
Review and Revision
This Donation Policy will be reviewed and revised regularly to ensure its ongoing effectiveness and compliance with relevant laws and regulations.
By embracing this Donation Policy, the Elizabeth Ngozi Igbinovia Foundation for Christ affirms its dedication to transparency, accountability, and responsible stewardship of the donations it receives, all of which aim to make a meaningful impact in the community it serves.
