Where your money goes
Posted on Oct 18, 2010 by JRF
We recently got our audit back and we’re excited to share our expense breakdown for 2009.
91.6% was for program expenses
6.2% for management
2.2% for fundraising
Almost 92% of our expenses were directly related to providing scholarships and supporting the women who received them.
The management expense includes salaries and powering the office.
And, only 2.2% for fundraising!
We want you to know that our expenses are in line with our mission to empower women through education. Your investment is being used to impact more lives.
If you would like a copy of the 990 you can download it here or email info[at]rankinfoundation[dot]org. If you have any questions please feel free to contact us at the same email address or by phone at 706-208-1211.
Tagged: 990, jrf, audit, scholarships
