1. Introduction
Giving Back Generation ("GBG") is committed to maintaining the highest standards of transparency and accountability. We believe that open communication with our donors, sponsors, and stakeholders is essential to building trust and ensuring the effective use of resources to achieve our mission.
This Transparency Policy outlines how GBG will provide clear and accessible information about our financial activities, achievements, and ongoing efforts.
2. Purpose of the Policy
The purpose of this policy is to:
- Ensure transparency in the use of funds and resources.
- Provide donors, sponsors, and stakeholders with clear insights into the impact of their contributions.
- Demonstrate accountability and good governance.
3. Biannual Transparency Reports
GBG will produce and publish biannual reports detailing:
3.1 Financial Overview
- Total funds raised during the reporting period, including donations, sponsorships, and other revenue streams.
- A breakdown of expenditures, categorised by programme costs, operational expenses, and fundraising efforts.
3.2 Impact Assessment
- Key achievements and milestones reached during the reporting period.
- Specific programmes or initiatives supported by the funds raised.
- Testimonials, case studies, or stories highlighting the impact of GBG’s efforts.
3.3 Operational Transparency
- Updates on ongoing projects and future goals.
- Challenges faced and how they were addressed.
- Plans for the next reporting period.
3.4 Governance Updates
- Information on board decisions, changes in governance, and new partnerships.
- Acknowledgement of major donors, sponsors, and contributors.
4. Accessibility of Reports
- Biannual reports will be published on GBG’s official website and shared via email with donors, sponsors, and stakeholders.
- Physical copies will be made available upon request.
- Reports will be designed to be clear, concise, and accessible to a broad audience.
5. Stakeholder Engagement
GBG values feedback and input from stakeholders. As part of our commitment to transparency:
- We will provide opportunities for donors and sponsors to ask questions about the reports.
- Stakeholders can contact us via contact@givingbackgeneration.org.uk for further information or clarification.
6. Monitoring and Review
- GBG will continuously review and improve its reporting processes to ensure they remain effective and relevant.
- This policy will be reviewed annually to incorporate best practices and address stakeholder feedback.
7. Contact Information
For questions or comments regarding this policy or our reports, please contact:
Giving Back Generation Limited
662 High Road, N12 0NL
contact@givingbackgeneration.org.uk