So how do RUF finances work?

Since RUF set out to fundraise for other organizations, we made a bold promise: all funds raised/collected from donations will be 100% pass-through. There are no RUF commissions, and we obviously take no "cut". This is of course, after all card processing and banking fees.

Since we work with money, one of the most important aspects for us is Transparency.

 

Three things to be said about RUF finances

1. We have a separate account for donations

In order to guarantee that all donations are 100% pass-through, we keep Donations and our Operational Funds in separate bank accounts. Learn More

2. We are 100% pass-through*

All operational expenses are covered by our Founding Angels. 100% of donations collected in our Donations account are sent to our Partners*. Donations that are not ear-marked for any one of our partners end up in the RUF General Fund, which is also a 100% pass-through account. The funds we have available in this account are used to match donations during our partners campaigns, or they can be used in a discretionary fashion to support a Partner project (but they will not be used for RUF operational expenses). Learn More

3. Our finances are audited

We have both internal (Board-level) audits and external audits. In 2021, the cost of an external audit that is being done is $7,000.

 

Important Notice

* 100% of your donation will go to your selected charity. This excludes usually small but unavoidable processing fees charged by unaffiliated third-party credit card/payment processing platforms, financial institutions, and/or banks (such fees typically do not exceed 3% in the aggregate). All administrative and other costs associated with, inter alia, the receipt, recording, accounting, and processing of your donation are covered by the independent volunteers and/or independent operational budget of the Romanian United Fund (which budget is funded through the generous support of RUF founding angels and corporate-sponsors, and segregated at all times from your donation). You can help us by making your donation go further by increasing your intended gift by 3 percent, to help cover such third-party transactional expenses. Thank you.

RUF - Romanian United Foundation

About

RUF is a 100% pass-through fundraising platform. We help diaspora & local nonprofits in Romania access the funding, tools, training, and support they need to become more effective. We do this by connecting NGOs, donors & volunteers from all over the world