Finances
Finances
In the field, the system starts with the selection process: school-based committees and community leaders identify girls in the greatest need. Once approved for support, each girl’s entitlement is then tracked through our data monitoring system. Volunteers - including members of the CAMFED Association (CAMA) and local government officials - help us in this detailed monitoring process, using mobile phones to record data and send it back to our database for efficient and cost-effective tracking.
In-country CAMFED staff make regular field visits to each school and meet with volunteer groups and other parties to ensure that funds are used for the purposes they were provided for. Our staff also ensures that records are in place for each transaction, are maintained in a manner consistent with our best practices, and provide a clear trail for auditing.
The audit process, which happens annually in each country, traces funds from the time of donation to the time it reaches individual girls. Evidence is gathered in two ways:
To strengthen the effectiveness of field audits and legitimise enforcement and compliance, we work in partnership with government audit departments in each country. Both parties share audit reports to find and resolve discrepancies and to reward good record-keeping.
This framework is supported by a continuous training program. Financial training is focused on developing and providing the following key basics of financial management:
The training program is run for local committees administering the CAMFED program, including Teacher Mentors, Parent Support Groups and members of the CAMFED Association. The training provides the skills to manage resources, embed the moral and legal responsibilities that are required to manage financial resources, and emphasizes the need to align principle with practice to maintain and sustain the trust and confidence of the rest of the community.
CAMFED is implementing anti-bribery policies and procedures using the same collaborative principles as our management and governance model. In all offices, CAMFED delivers workshops that introduce the definitions and legal implications of bribery; an anti-bribery champion is appointed from each office; and country-specific example scenarios and proven methods of resisting bribery are appended to the policy.
CAMFED applies more than 90 percent of its expenditure to charitable spending.
CAMFED International Annual Report 2019
CAMFED International Annual Report 2018
CAMFED International Annual Report 2017
CAMFED International Annual Report 2016
CAMFED International Annual Report 2015
CAMFED International Annual Report 2014
CAMFED International Annual Report 2013
CAMFED International Annual Report 2012
CAMFED International Annual Report 2011
CAMFED International Annual Report 2010
CAMFED International Annual Report 2009
CAMFED International Annual Report 2008
Previous CAMFED USA Financial Statements and Form 990:
CAMFED USA Financial Statements and Form 990 for 2018
CAMFED USA Financial Statements and Form 990 for 2017
CAMFED USA Financial Statements and Form 990 for 2016
CAMFED USA Financial Statements and Form 990 for 2015
CAMFED USA Financial Statements and Form 990 for 2014
CAMFED USA Financial Statements and Form 990 for 2013
CAMFED USA Financial Statements and Form 990 for 2012
CAMFED USA Financial Statements and Form 990 for 2011
CAMFED USA Financial Statements and Form 990 for 2010
CAMFED USA Financial Statements and Form 990 for 2009
CAMFED USA Financial Statements and Form 990 for 2008
Millions Learning - Scaling up Quality Education in Developing Countries (Center for Universal Education at Brookings)
The Learning Generation - Investing in Education for a Changing World (The Education Commission)