Accountability
Financial Accountability
The controls that stand between a contribution and its use, and the reporting that proves where it went.
Draft policy text. This wording is a working draft prepared for review. It is not legal advice and will be replaced with counsel-approved text before publication.
Last updated 31 May 2024
Segregation of funds
Foundation general funds, foundation funds and campaign-restricted funds are held and accounted for separately. Restricted funds are never used to cover unrelated costs.
Authorisation controls
Payments require dual authorisation. Disbursements above a defined threshold require board or board approval, recorded in the minutes.
Procurement follows published rules with open tendering above threshold, documented evaluation and published award notices.
Reporting schedule
Monthly financial summaries, quarterly detailed reports and an annual report are published in the Transparency Center, alongside the underlying open data.
Each project publishes budget-versus-actual figures and a completion report.
Audit
Accounts are subject to internal audit continuously and to independent external review annually. Audit findings and the management response are published.
Administrative cost disclosure
The share of funds used for administration is disclosed and monitored. Any sustained increase is explained in the accompanying report.
Reporting concerns
Suspected misuse of funds can be reported confidentially through the Contact page, marked 'Confidential — Audit'. Reports are reviewed by internal audit and reporters are protected from retaliation.
Get involved
Be part of what happens next
Support a campaign, volunteer your time, or follow the numbers in the Transparency Center.