Financial Transparency Policy

At TRUSTED-ALLY, we are committed to the highest standards of financial transparency, accountability, and ethical fund management. This policy outlines our approach to ensuring that all donations are handled with integrity and used exactly as designated by our donors.

Core Principles

1. Strict Fund Separation

We maintain completely separate accounts for each of our initiative funds:

• Education Program Fund
• Al-Quran Journey Fund
• Social Initiatives Fund

Under no circumstances will funds be transferred between different initiatives. Each donation is allocated exclusively to the fund designated by the donor and will only be used for purposes within that specific initiative.

2. Financial Reporting

We publish quarterly financial reports that detail:

• Total donations received for each fund
• Detailed breakdown of how funds were utilized
• Current fund balances
• Progress toward funding goals

These reports are made available to all donors and the general public through our website.

3. Independent Auditing

Our financial records are audited annually by an independent accounting firm. The results of these audits are published on our website to ensure complete transparency.

4. Donor Access

Donors have the right to request detailed information about how their specific contributions have been used. We provide regular updates to donors about the impact of their donations.

Fund Allocation Guidelines

Education Program Fund

Donations to this fund are used exclusively for:

• Learning materials and resources
• Teacher salaries and training
• Educational facility maintenance
• Administrative costs directly related to educational programs

Al-Quran Journey Fund

Donations to this fund are used exclusively for:

• Quran printing and production
• Distribution and shipping costs
• Islamic education programs
• Administrative costs directly related to Al-Quran Journey initiatives

Social Initiatives Fund

Donations to this fund are used exclusively for:

• Community development programs
• Emergency relief efforts
• Volunteer support and training
• Administrative costs directly related to social initiatives

Administrative Cost Policy

We are committed to ensuring that the maximum amount of each donation goes directly to program activities. Administrative costs for each fund are capped at 10% of donations received.

These administrative costs include:

• Staff salaries directly related to program management
• Technology and infrastructure necessary for program implementation
• Regulatory compliance and reporting
• Financial management and accounting

Financial Emergency Protocol

In the event of financial hardship within our organization, we will never transfer funds between different initiatives. Instead, we will:

• Reduce administrative costs
• Seek additional funding through grants and partnerships
• Temporarily scale back non-essential activities
• Be transparent with our community about the challenges we face

Our commitment to fund separation remains absolute even in difficult circumstances.

Accountability Measures

To ensure adherence to this policy, we have implemented the following accountability measures:

• Multiple signatories required for all financial transactions
• Regular internal audits of financial processes
• Oversight committee composed of board members and community representatives
• Whistleblower protection policy for reporting financial concerns

Commitment to Continuous Improvement

We regularly review and update our financial transparency practices to incorporate best practices and respond to feedback from our donors and community.