Transparency and Financial Accountability

At Yanapuma Foundation we believe that our donors, partners and beneficiaries deserve to know how Yanapuma is governed, how we spend our money and how we are internally organized. We are committed to the principles of transparency and accountability and to that end we publish our internal working documents, financial statements and annual report. Please feel free to communicate with us if you would like any other information about our organization.

Our Spanish school and Volunteer programs provide the principal funding to cover our basic administrative overheads, which means that we do not need to include high levels of overhead in any funding applications that we make. This also gives us a measure of independence as we are not reliant upon receiving funding in order to remain alive as a foundation. However, our level of activity as a foundation remains tied to the level of funding that we are receiving.

When a donation is made we establish or add the funds to an existing account, and as the funds are used we keep a running balance for each community account or particular project account. So whether the donation or project funding is $200 or $200,000, we will always be able to account for how the funds are being used, and are happy to be in regular contact with donors regarding progress of any particular project. Our bimonthly newsletter contains details of our ongoing projects.

During 2012 and 2013 we have been working on 3 principal projects:

  • Inter American Foundation / Yanapuma - 3-year project with the Tsa'chila to improve cacao production, create vegetable gardens and teach nutrition and diet, as well as capacity building and organizational skills. Click here to read the report of the first year (in Spanish).
  • Yanapuma funded scholarships for 13 children to study at high school from the village of Estero de Plátano
  • UN Trust Fund on Indigenous Issues / Yanapuma - 1-year project to develop sustainable income options through crafts production and traditional culture.

Ecuador NGO financial accountability for sustainable development projects

Growth of non-profit foundation and Spanish school for volunteers in Ecuador

The graph above shows the growth of Yanapuma since our start in 2006, up until 2012. This will be updated soon!