Veloo Foundation, we pledge to maintain effective outreaches by being good stewards of the resources entrusted to us. We have a great responsibility to maintain integrity and transparency of our financial practices. Therefore, we are committed to fulfilling the following standards:
We are governed by a responsible Board of Directors, who volunteer as directors. Our Board establishes policies, sets budgets, operations
Our financial statements are prepared in accordance with generally accepted accounting principles, in Canada.
Contributions to Veloo Foundation are tax deductible to the full extent allowed by law, for eligible US. and Canadians.
Veloo Foundation is a recipient of the prestigious Governor General of Canada's Award, Silk Road Award from the Mongolian Chamber of Commerce. For a full list of awards and honours, please click HERE. At Veloo Foundation, accountability and transparency are an integral part of everything we do. Veloo Foundation does not use any monies of received donations for the Foundations operation expenses. Operation costs are covered by the founders.
To see Veloo Foundations annual tax returns by the Canadian government, please click the button below.