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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:
At Veloo Foundation, accountability and transparency are an integral part of everything we do. 100% of donated funds* stay in Mongolia and are used to support Veloo Foundation projects for Mongolian children and families in need. (*except banking fees).
- 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.
At Veloo Foundation, accountability and transparency are an integral part of everything we do. 100% of donated funds* stay in Mongolia and are used to support Veloo Foundation projects for Mongolian children and families in need. (*except banking fees).
To see Veloo Foundations annual tax returns by the Canadian government, please click the button below.