FINANCIAL POLICY
ImpactHope values the trust and confidence of our donors. We are governed by a Board of Directors and are accountable through donor receipts, monthly reports, and newsletters. We are certified members of the Canadian Centre for Christian Charities (CCCC). To ensure our financial accountability to our donors and our continued compliance to current government standards and accounting regulations, an annual audit is done by a qualified independent accounting firm.
While we endeavour to use each gift towards and approved program as desired by our donors, ImpactHope retains the final decision on how to allocate all donations. If and when any given need has been met, the understanding is that the gift will be used where it is most needed or where another opportunity of similar nature exists. In our effort to cut administrative costs, donations will only be acknowledged upon request or when ImpactHope deems necessary. All donations will be receipted with an official receipt for income tax purposes at the end of the calendar year following Canada Revenue Agency guidelines.
ImpactHope is committed to taking all appropriate action to ensure donor confidentiality and that security is protected. We regularly use appropriate back-up systems, passwords, and the shredding of confidential information.