FINANCIAL REVIEWS

FINANCIAL REVIEWS

SHANTHI FOUNDATION – FINANCE POSITION

It is 5 years since the inception of Shanthi Foundation with the vision to build the first eco-friendly Palliative Care Hospital in Anuradhapura, Sri Lanka. This has been a significant achievement which would not have been achieved without the support of ‘you’ our generous donors!

Highlights:

  • From the start of Shanthi Foundation, i.e. May 2014 to 30 June 2018, Donations collected amounted to $614,082. These donations came for our core vision to build the first Palliative Care Hospital in Sri Lanka, to fund programs such as Family sponsorships, Installation of 40 + Reverse Osmosis Machines in schools, medical assistance to families with no assistance and various other medical and prevention programs undertaken over the last few years.
  • We continue, consistently to keep our administration costs to a minimum of 3%. These costs comprise of bank fees, insurance costs for the Foundation and annual audit of Shanthi accounts
  • Shanthi Foundation Directors and Core Committee members are volunteers who donate their precious time for the Foundation’s programs. They are not a cost burden to the organisation.

Figure 1 is an overview of funds utilisation in the last 5 years.

Figure 2 is an overview of the funds disbursement against net donations.

Funds in Reserve are mainly for the build of the first eco-friendly Palliative Care Hospital in Anuradhapura Sri Lanka. With continued support from our loyal donors and corporate sponsors we’re confident the hospital will become operational in the near future.

Average Financial Performance

Figure 1: Financial Performance

Figure 2: Funds Disbursement