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We
realized that charitable funds are spread unevenly among various
projects, resulting in an inefficient use of funds. More established
and well-connected projects often receive excess funds, leading
to non-essential investments, whereas smaller, newer or low
profile projects lack money and can often hardly cover their
running costs. This leads to a significant lack of essential
infrastructure, medical attention, education, etc. These projects
often try to survive by only providing food and shelter. Child’s
Dream aims to help improve this situation by supporting
projects, which really need help. In order to ensure an optimal
use of funds, we provide infrastructure as well as personal
items to meet health and educational needs (cloths, stationery,
etc.) directly to the projects concerned rather than giving
money to cover running costs. |
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| Providing
support to projects caring for children
living in poverty |
Our
primary objective is to support projects that
provide relief and aid to orphans or children living in poverty.
Our organization permanently screens projects in the Mekong Sub-Region. |
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| Unconditional
support |
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It is a main target to provide support to projects that
care 'unconditionally' for children in need. Unconditional
means that these projects do not attach any conditions to
their support (e.g. conversion of religion) and that children's
nationality, gender, religion, ethnic affiliation, etc. is
not a selection criteria. |
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| Fund
allocation with integrity |
| We
are determined to allocate the charitable funds where aid
and relief seem most appropriate. The following criteria are
applied when selecting projects:
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Management team (stability, integrity, etc.);
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Priorities
(shelter, food, health care, education, cultural and
religious heritage, sport);
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Financial
transparency;
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Integration into local community and relationship with
local authorities;
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Financial stability (be able to cover running costs).
The
allocation of charitable funds will be made through direct
investments according to the needs of the selected project.
We will avoid cash payments or fund transfers directly to
the project concerned to ensure the optimal use of charitable
funds. For example, if project X has no access to clean water,
Child’s Dream would build a well together with local
suppliers and pay the suppliers directly. This process ensures
that funds are used properly. |
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| Fundraising
through personal relationships and trust |
We
conduct fundraising, mainly in Switzerland, Singapore and
Hong Kong, based on personal relationships and trust. The
main objective is to maintain an ongoing and personal interaction
with our sponsors by the following means:
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Regular updates via internet and e-mail;
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Regular get-togethers;
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Possibility for sponsors to visit projects locally.
By
building up trust, we experience that the sponsor community grows
steadily by means of mouth-to-mouth promotion. |
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| Maintain
independence and diversity |
We
are determined to stay politically neutral and are committed
to religious freedom in order to avoid conflicts
of interest. To ensure an unbiased allocation of funds, we
aim to stay independent from the projects concerned. However,
Child’s Dream or its members of the board can engage
with other independent or unrelated organisations for purposes
of networking and exchange of know-how. |
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| Financial transparency |
| Child’s
Dream is striving for financial transparency. Transparent book-keeping is maintained
and disclosed. Financial data is published on
our website 'Financials'. The reporting year is the calendar
year. |
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Minimal
administration expenses |
We
are proud that we can maintain an administration expense ratio
well below the industry average. Administrative expenses are
costs covering rent, stationery, postage, internet, telephone,
petrol, marketing, etc. |
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children supported: 17'600+
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Relief efforts for Burma
Read more about our relief efforts for Burma in our latest newsletter. You can find the special edition in the 'Archive'.
USA, Canada and Australian tax agreements
US, Canadian and Australian based donors will get a tax-relief thanks to partnership agreements with US, Canadian and Australian registered foundations. more
Urgently required
Permanent Thai staff and various volunteers. more
2007 Annual Reports available
All our audited annual reports for 2007 are available in 'Archive'. |
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