Standard 9: Fund Raising Expense Ratio - Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.
A Safe Haven Foundation does not meet this Standard because:
- According to its audited financial statements for the fiscal year ended June 30, 2011, the organization's fund raising costs were 150% ($389,682) of related contributions, which totaled $259,182.
A Safe Haven provided this note in relation to Standard 9: The Fundraising department invested in infrastructure in the form of new personnel assigned to the task of raising money. As part of the new emphasis, events were planned to develop relationships with corporate donors and governmental contracts which have yet to pay off in donations that exceeded the cost of providing the events and the personnel.