What percentage of the raised funds by MASSIVEGOOD will go towards the administrative and managerial expenses of the Millennium Foundation?
One of the guiding principles of the Millennium Foundation and MASSIVEGOOD is to achieve the maximum impact of fundraising with a minimum use of resources, effectively delivering aid to reach the most people in need in the most efficient and timely manner. The Millennium Foundation’s operating costs aim to be below 2%. Out of a $2 donation, that represents $0.04. The rest of the money goes directly to UNITAID, for more information visit www.unitaid.eu.
- What are the administrative costs/running expenses of Tameer-e-Millat Foundation (percentage of fund collection)?
- Of the funds raised in any particular year, how much will be used to cover administration and other expenses?
- What percentage of funds raised actually go to Egypt, and what is the percentage of administrative costs?