Money at many nonprofits is a sensitive topic. We do not think it needs to be. Here’s how money works at P&G Purpose:
- Low ‘overheads’: P&G Purpose has no paid staff, and our office space is paid for by our affiliated social enterprise, so you can be can be sure that any donations will go where they are needed to deliver results.
- Funding ratio: Occasionally, P&G Purpose will partner with companies on a commission basis for things like sales and business development. These costs will always be lower than 10% of the overall amount donated.
- Capital Control: like all nonprofits, the board of directors is ultimately responsible for making decisions allocating funding. There are strict funding limits (normally in increments of $500) and earmarks for specific projects that, if exceeded, need the full boards approval. Our constitution and governance process is here
- Transparency: We have two independent accountants review our expenditures, and once their reviews are complete, after the end of the quarter, we will continue to publicly post our financials here
Please reach out to us if you have any questions at email@example.com.
Thank you so much for your continued support, we are inspired by you and how together we can address major challenges in our communities.