8/18/2023 0 Comments Donate dian fossey gorilla fund![]() We check the charity's Form 990 reporting to see if it meets this criteria.įull Credit: The charity's audited financials were prepared by an independent accountant with an audit oversight committee. Often at smaller charities, it falls within the responsibilities of the finance committee or the executive committee.) The committee provides an important oversight layer between the management of the organization, which is responsible for the financial information reported, and the independent accountant, who reviews the financials and issues an opinion based on its findings. (It is not necessary that the audit committee be a separate committee. They should be prepared by an independent accountant with oversight from an audit committee. (More)Īudited financial statements provide important information about financial accountability and accuracy. ![]() In this case, we deduct 15 points from the charity's Accountability and Transparency score.Īudited Financials Prepared by Independent Accountant. No Credit: There has been a diversion of assets within the last two years and the charity's explanation on Schedule O is either non-existent or not sufficient.In this situation, we deduct 7 points from the charity's Accountability and Transparency score. Partial Credit: There has been a diversion of assets within the last two years and the charity has used Schedule O on the Form 990 to explain: the nature of the diversion, the amount of money or property involved and the corrective action taken to address the matter. ![]() This metric will be assigned to one of the following categories:įull Credit: There has been no diversion of assets within the last two years. If the charity does report a diversion, then we check to see if it complied with the Form 990 instructions by describing what happened and its corrective action. We check the charity's last two Forms 990 to see if the charity has reported any diversion of assets. (More)Ī diversion of assets – any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft – can seriously call into question a charity's financial integrity. ![]() Our analysts check the Form 990 to determine if the independent Board members are a voting majority and also at least five in number. (More) The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters. Turner, a cable television entrepreneur turned billionaire philanthropist, founded CNN in 1980 but is not currently involved in the company.Independent Voting Board Members. Armed groups in the area are fighting over natural resources. Turner’s donation comes as the Fossey Fund works to build three new field stations and hire 30 new staff near the conflict zone in Congo, formerly called Zaire, that is the Grauer’s habitat. The fund was founded by Fossey, the famous naturalist who was murdered in 1985 in Rwanda. The subspecies has “received little protection and their numbers are plummeting,” the fund said. His donation is aimed at helping to protect Grauer’s gorillas in the eastern Democratic Republic of Congo, the fund said. “It comes down to this: every single gorilla counts every single person counts in protecting the gorillas and every single dollar counts in supporting the work to protect the gorillas,” Turner said, according to the Fossey Fund. He urged others to donate money to the cause, the Fossey Fund said in a statement. “We may live on the opposite side of the planet from Africa, but what happens there can and will affect what happens here, and all around our fragile planet,” he said Wednesday. Ted Turner has donated $1 million to help save endangered gorillas in eastern Congo, the Dian Fossey Gorilla Fund announced.
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