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 are 100% pass-through*
2. 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
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.
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