Residual Funds - Policy Statement

 
At Disaster Aid Canada, we are committed to transparency and accountability in the allocation of funds raised
through our appeals. This policy statement outlines our diligent process for handling residual funds that remain
after the closure of a funding appeal. We understand the importance of responsible financial stewardship and
strive to ensure that every dollar donated serves its intended purpose.
 

Reallocation for Ongoing Impact:

Upon the conclusion of an appeal, any residual funds that remain will be diligently reallocated to another
ongoing or upcoming appeal that aligns with a similar cause. Whether addressing the aftermath of a disaster in
the same geographical area or supporting a comparable cause elsewhere, our priority is to maximize the positive
impact of every donation received. This strategic reallocation ensures that the spirit and intention behind the
original appeal persist in our ongoing humanitarian efforts.
 

Commitment to Alignment:

Our commitment to alignment with the original appeal remains unwavering. Residual funds are channeled into
endeavors that share a common purpose, ensuring that the generosity of our donors continues to make a
meaningful impact in the areas that need it most. By maintaining a connection to the initial cause, we honor the
trust placed in us by our supporters and uphold the values that define Disaster Aid Canada.
 

Reallocation Based on Cost-Benefit Analysis:

In our commitment to maintain fiscal prudence and maximize the impact of our resources, any residual funds
that would incur higher administrative costs than the benefits gained by reallocating will be redirected to
support another cause. This thoughtful approach underscores our dedication to efficient resource utilization,
channeling funds towards pressing needs while acknowledging the practical limitations of reallocation.
 

Ongoing Evaluation:

As part of our commitment to continuous improvement, we regularly evaluate the effectiveness of our
reallocation processes. This includes assessing the impact of redirected funds and considering feedback from our
stakeholders. We remain open to refining our approach to ensure that every donation contributes optimally to
the relief and recovery efforts we champion.
 
At Disaster Aid Canada, we recognize the importance of responsible and responsive financial management in the
realm of humanitarian aid. This policy underscores our dedication to maximizing the impact of every donation
received, fostering trust with our supporters, and upholding the values that guide our mission.