Accountability and transparency
Accountability represents the most important duty that an organization like ours has. Simply put, it is
the need for absolute transparency in all that we do. It is the understanding that we place at the heart
of our Campaign the expectation and assumption of account-giving behavior. We will never forget that
we are but custodians of your money. More than 95% percent of total income will be used for the
benefit of Achimota School. We will work diligently to be efficient in the use of the resources that you
entrust to us and as such, we will abide by a strict set of standards.
Accountability represents the most important duty that an organization like ours has. Simply put, it is
the need for absolute transparency in all that we do. It is the understanding that we place at the heart
of our Campaign the expectation and assumption of account-giving behavior. We will never forget that
we are but custodians of your money. More than 95% percent of total income will be used for the
benefit of Achimota School. We will work diligently to be efficient in the use of the resources that you
entrust to us and as such, we will abide by a strict set of standards.
US and Canada Donors
agreement with OAA 1980 North America Group (OAA 1980 NA) a US-based nonprofit tax-exempt 501(c) (3) Trust to receive donations from U.S. and Canada based donors. OAA 1980 NA has established an account that is titled the “Achimota Capital Campaign Fund” or “Achimota CCF” in short. OAA 1980 NA is governed by a three- member Board of Directors. The Board members of OAA 1980 NA will be responsible for compliance with the requirements of the Internal Revenue Code and the IRS expenditure responsibility guidelines for disbursements of grants to foreign grantees. The Board members of OAA 1980 NA will also be responsible for accounting for receipts and disbursements, and filing of regulatory reports.
regulatory reports will be made available on an annual basis. |
U.K. and EU Donors The Achimota Trust, a registered nonprofit charitable trust (registered charity number: 295966), will receive donations from UK and EU-based donors. UK-based donors who are tax payers are urged to use the Gift Aid scheme which enables the Trust to reclaim tax on donations, from the Inland Revenue. The Achimota Trust was established by the Old Achimotan Association in the UK under the terms of a Trust Deed dated 20 December 1986. It has consistently raised funds with the goal of providing funds to finance various projects and scholarships at Achimota School. The Achimota Trust is governed by an eight-member Board of Trustees, and is subject to audits by external auditors appointed by the Board of Trustees. Please visit the Achimota Trust website for additional details |
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ACHIMOTA SCHOOL CAPITAL CAMPAIGN
