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Finances

2018

Our work with families living in rural Malawi benefitted from 2 primary sources of income in 2018—The Big Summer Lottery and The £5 Lottery Club.

After meeting the costs incurred by running these events, such as prizes and administration, and ensuring that we had adequate provisions in place to manage potential future income fluctuations, we spent £159,555 of the proceeds in 2018 on charitable activities.

Here is a break-down of the money that was spent on Charitable Activities in 2018:

Here is a breakdown of the Direct Project Costs in 2018:

A note on salaires

There are a range of views on how a charity should direct its resources. Traditionally some charities have been run primarily by volunteers donating their time, which is still held by some as the best approach.

For a number of reasons this is not the model followed by Hope for a Child. We believe that to create great and lasting impact, it is essential to have a dedicated, qualified and experienced team in place, who are able to give the best of their time to producing world-changing results.

In our view, the only way to consistently achieve this is by paying staff fair wages based on industry standards. As a result, we pay salaries to a small part-time team (of 4 people in 2020) in Guernsey, who oversee our projects in Malawi, run our fundraising events and administer the charity. We also fund salaries in Malawi, because training is a critical component of our approach—it is only through education and mentoring that we are able to unlock minds to their unlimited potential.

 

2007 – 2018

Between 2007 when Hope for a Child was born, and the end of 2018, we spent £880,980 on charitable activities in developing countries, as well as supporting charities working with children in Guernsey.

The following are 10 Guernsey charities benefitting local children and families that we have had the privilege of supporting, past and present:

Action for Children
Autism Guernsey
Every Child Our Future
Friends of Frosard Children’s’ Ward
Guernsey Arts Commission
Guernsey Sports Commission
Home Start
Priaulx Premature Baby Foundation
The Hub
The Saumarez Park Playground Appeal