Where Does My Money Go To?
Written by Rhonda Miller – IHDN Board Member
Have you ever wondered how IHDN uses the money that you donate? The following frequently asked questions, FAQs, help explain the financial side of IHDN.
1. What percentage of IHDN's expenditures is for administrative salaries?
The board members and officers take care of the administrative details of the organization. None of the board members or officers receives any compensation for their work.
2. What types of donations does IHDN need?
First, IHDN recognizes that donations come in many forms. Monetary contributions, are one form of donation, but many people make donations to IHDN with their time, talents and prayers. Others make donations of tangible goods, like medical supplies or school books, computers and office equipment etc. We also receive donations of stocks and properties. IHDN is a recognized as a 501(c) (3) organization by the IRS and all donations are tax deductible.
3. How does IHDN spend the monetary contributions?
In brief, IHDN spends almost all of the monetary contributions in direct mission outreach. This includes buying and shipping supplies to Africa . It also helps with the expenses of sending a missionary team to Ghana each year. Individual volunteers raise their own support, but the organization still incurs costs.
4. So, IHDN just helps people in Africa?
IHDN strives to develop a ministry using the earthly work of Jesus Christ as a model; seek the physical, mental, emotional, and spiritual well-being of individuals in communities, especially in developing countries; provide humanitarian assistance, education and research on issues of health, family life, conflict resolution and Christian values; and emphasize faith in Jesus Christ as the basis for successful living. While most of the work to date has been in Ghana , West Africa , IHDN has a very global view. The organization is planning to do some local (Springfield) outreach in 2004.
5. Does IHDN receive any federal or state grants?
At this time, IHDN has not received any governmental grants. IHDN relies 100% on the contributions of individual donors.
6. When should I make a donation?
IHDN welcomes your donations at any time. (For donations of tangible goods, prior arrangements are required.) Many donors like to make charitable contributions at the end of the calendar year. We will issue a tax deductible receipt for your donations.