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Financial Reports
AHFRI provides support directly to the needy (minimizing bureaucratic red tape). AHRFI has spent on the average 88 cents on the dollar towards supporting needy children (see the second chart below). The cost of operation (12 cents on the dollar) has been transportation and delivery costs associated with providing services to needy individuals in Africa.
The first chart below shows support AHRFI has provided to date.
Fifty percent of our support has come from individuals, and the other half from companies. Please refer to the "Donate To AHRFI" link to make a donation to this worthy cause, and thanks for your support.
AFRICA HANDICAP RELIEF FUND, INC. |
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ASSISTANCE PROVIDED TO THE NEEDY BY YEAR |
| RECIPIENTS OF CHARITABLE ASSISTANCE |
2004 |
2005 |
2006
T0 DATE |
COMBINED TOTAL |
| Medical assistance to individuals (Note A) |
1,590 |
1,590 |
4,028 |
7,208 |
| Tuition assistance to under privileged children |
530 |
848 |
371 |
1,749 |
| Donations to charitable organizations (Note B) |
3,000 |
1,200 |
- |
4,200 |
| Fresh Water Assistance (Note C) |
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Planned |
- |
| Total Funds Raised |
5,120 |
3,638 |
4,399 |
$ 13,157 |
| Note A: Medical and tuition assistance to cancer patients in and around Enugu Nigeria |
| Note B: Donations to organizations in Ghana (SMA Fathers Mission) and in Nigeria (Vincencia). |
| Note C: Fresh water projects earmarked for later in 2006 (in Nigeria). |
AFRICA HANDICAP RELIEF FUND, INC.
SOURCES OF FUNDS BY YEAR |
| DESCRIPTION |
2004 |
2005 |
2006
T0 DATE |
COMBINED TOTAL |
| Total Funds Raised |
5,200 |
4,100 |
5,574 |
14,874 |
| Funds Disbursed To Assist The Needy |
5,120 |
3,638 |
4,399 |
13,157 |
| Fund Raising & Other Expenses |
150 |
250 |
400 |
800 |
| Overage / (Underage) |
(70) |
212 |
775 |
917 |
| Ratio of Funds Used To Assist The Needy |
98% |
89% |
79% |
88% |
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