GICF Financial Accountability: GICF is committed to following biblical principles of financial stewardship, transparency and accountability. We undertake numerous activities to ensure that the donations we receive are used for the stated purposes of GICF (see our Mission Statement) and that all expenditures are  approved and accounted for. We demonstrate our financial integrity through the following:   United States Tax Returns -  GICF files form 990 “Return of Organization Exempt From Income Tax”  with the US Internal Revenue Service annually.  Click on the following links to view the tax returns from 2006, 2007, 2008, 2009 and 2010.  Click here to see the IRS letter granting us tax-exempt status.   Audit of  accounts in Uganda -  The integrity of record keeping in our Ugandan operations is a key component of our financial accountability. The financial books and accounting records of Lulwanda Children's Home, a branch of GICF Ltd. operating in Uganda, are subject to audit annually by an independent auditor. Audit reports are available for review upon request.   Annual Budget Process -  Capital and operating budgets for our operations in Uganda are prepared in the fourth quarter of each year and approved by the GICF Board. Actual expenditures are recorded in detail and reviewed monthly and any anomalies investigated. In addition to records of expenditures, statements from the bank accounts in Uganda are reviewed in the US on a monthly basis.   Subsequent to rigorous review, GICF has been accredited by and is now a member of the Evangelical Council for Financial Accountability.

How Is The Money I Donate Used? Funds given to GICF will be directly used to benefit the children through the operation of LCH, as GICF has no paid staff outside of Uganda. Approximately 97% of GICF 2010 funding went to Lulwanda Children’s Home, and about 3% to administration and fundraising expenses in the USA. All donations are tax deductible in the USA and tax receipts are issued annually.    The operating costs for Lulwanda Children’s Home includes the cost of the Children’s Home itself (food, staff salaries, utilities, vehicles, maintenance and repairs, etc.), the Primary School (teacher salaries, teaching supplies, field trips, sports supplies, etc.) and the Health Center (medical staff salaries, medical supplies). A simplified breakdown of actual costs in 2010 is illustrated below.