Where Does the Money Go?

October 10, 2011 at 10:24 pm 2 comments

You know why I do this. If you don’t please read the About Lesley Page….

As the purpose of this blog is to (gently?) coerce any readers into donating to a childrens charity I thought I would do a little research on how your donations can be spent. I have focused on three of the big hitters, Unicef, Save the Children and Oxfam. I am, like everyone, conscious of the cost-cutting measures being introduced by global Governments. These make it harder for people to look beyond their own family. I understand this; those who rely on us still need our love and financial support. However, even if it is pennies and cents shouldn’t we be looking to help a few others?

I was also interested in the value-for-money element from the charities. They are all open about their accounts and how they try to use funding for best effect. We have all heard the stories of organisations (I will not call them charities) whose ‘overheads’ mean that only a small percentage of monies raised will go to a good cause. When we give away our hard-earned income we expect it to have the biggest impact possible. Therefore, a quick summary below how my big three for today will allocate your money. Please note that this is done as best I can from internet research on the charities and my apologies to them if any details aren’t completely accurate:-

Unicef – Does anyone assume Unicef get funds from the UN? They don’t you know. All their funds come from their own fundraising efforts, be they donations, working with corporations or the sales of their cards and gifts. They raised over £60 million in 2009, a significant amount. About 22% of this will go to raising more money, spending to accumulate for future years. In total about 76% of the income raised will go to their causes. This means 4% goes to keeping the organisation going, I think this shows tight financial management considering their size and the scope of the work they do.

Oxfam – From my research the total raised by Oxfam in the last year was over £300 million. A huge amount of money but there is a huge amount of good that needs to be done. This money comes from individual and organisational donations plus some Government funding. They will use 7% of the funds to generate more income, 10% on running costs and governance with 83% spent directly on emergency, development and campaigning efforts. A lot of money but a lot of projects, I do like their option to donate to specific projects with a targeted amount to be raised.

Save the Children – In 2010 Save the Children UK had fundraising totals of just over £290 million. This came from a variety of sources, individual and corporate donations, business partnerships, Government funding for example. Future fundraising and investments uses 7% of the monies raised, retail and governance/property uses 4 % and 89% is spent on charitable activities, including 41% on one area, hunger.

Looking at the figures above I see 3 major organisations trying to do good and trying to do that good in a financially responsible manner. They use revenue to generate more revenue and keep overheads to a percentage minimum. They are open with their financial reporting but use their websites to focus on their main aims. I add some extracts from their mission statements below. I think they are worth stating, worth the little time it will take you to read them:-

Unicef – UNICEF is mandated by the United Nations General Assembly to advocate for the protection of children’s rights, to help meet their basic needs and to expand their opportunities to reach their full potential. UNICEF is guided by the Convention on the Rights of the Child and strives to establish children’s rights as enduring ethical principles and international standards of behaviour towards children. UNICEF insists that the survival, protection and development of children are universal development imperatives that are integral to human progress.

Oxfam– Oxfam International is an international group of independent non-governmental organizations dedicated to fighting poverty and related injustice around the world. The Oxfams work together internationally to achieve greater impact by their collective efforts. Oxfam believes that Poverty and powerlessness are avoidable and can be eliminated by human action and political will. Basic human needs and rights can be met. These include the rights to a sustainable livelihood, and the rights and capacities to participate in societies and make positive changes to people’s lives. Inequalities can be significantly reduced both between rich and poor nations and within nations.Peace and substantial arms reduction are essential conditions for development.

Save the Children – Our vision is a world in which every child attains the right to survival, protection, development and participation. Our mission is to inspire breakthroughs in the way the world treats children and to achieve immediate and lasting change in their lives.

You may read the words above and think they are high-fallutin? Perhaps you think them over-worthy or too optimistic? Then please read some of the other facts I was able to pick up from the websites, here are facts to be aware of:-

  • 22,000 children under 5 die every day. Every day.
  • One child dies every 3 seconds largely from preventable diseases that could be combated by the availability of basic health care.
  • A billion people go to bed hungry every day
  • Worldwide in 2009, there were an estimated 16.6 million children who had lost one or both parents to AIDS
  • Thousands of the world’s poorest people are losing their homes and livelihoods as a result of a new wave of land deals, including 22,500 people in Uganda who lost their homes because of a timber company.

I could add many more words, many more horrible facts to this blog but I hope these will be enough to make you think and even act?

I close with this:-

  • Donate to a valid children’s charity of your choice.
  • Visit this blog and comment about your donation. Please also tell me what you wanted to be when you were 8. I still want to collect those tales and hope that some child will read about your words and deeds and want to do the same when they are old enough.

I will:-

  • Add your donation to the Totals page on this blog, totals are updated weekly.
  • I will also write some words about the current donations and the charity
  • Store all comments so that everyone can read them.

Thank you for reading.

Lesley

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Entry filed under: Childhood, Children, Donating, Fundraising, Giving, Hunger, Life, Oxfam, Save the Children, Unicef, wheniwas8, words. Tags: , , , , , , , , , , .

The Power of a Three Letter Word. What is Poverty?

2 Comments Add your own

  • 1. ladymaryan  |  October 15, 2011 at 9:34 am

    These numbers are hardly imaginable, at least for me, dear Lesley, and there is more statistics like that. The Millenium goals won’t be achieved by 2015, neither no. 4 nor no. 5 or any other, but at least the awareness has been raised world-wide. http://www.un.org/millenniumgoals/stats.shtml

    We tend to forget in our daily life, whilst we are struggling with our inconveniences. We take for granted that we usually have a safe, warm and dry place to live, enough to eat and can get affordable health care, if necessary. Thus we have time to worry about the brand of our new car or our next holiday.

    As the individual cannot cure all the problems in this world, each of us should try to make the world a tiny better place, maybe within our reach for starters? How about making amends with the neighbour or a relative we haven’t spoken for years to? And to give a little to one chosen charity – I’m sure we can spare a few cents/pence every month.

    Thank you for your gentle reminders. Keep them coming, please!

    Claudia x

    Reply
    • 2. when i was 8 i wanted to be....  |  October 16, 2011 at 4:00 pm

      Claudia,

      As always, your comments are apt. I couldn’t agree more, we should all do one little thing and that way the world gets better one small piece at a time.

      Thank you,

      Lesley xxx

      Reply

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