"Where do our funds come from?" is a question frequently asked. At least 98% comes from private individuals.
Our donors so far have comprised a very small but vital number.
Traditionally no person has ever been asked for money since our founding, however recently we are resorting to various fund raising efforts in order to keep up with the ever increasing support requirements from our community.
All funds are accounted for and audited annually. We have not “lost” funds since our founding in 2005.
Of all donated funds 98% reach the target group, leaving less than 2% for overheads and sundry expenses.
Since our start, we have injected about R7 million into the informal settlements in addition to feeding in the region of 800 -1000 people a month through our supported Soup Kitchens. A conservative rough estimate of people helped since our founding is 122,600.
FRANCO believes in transparency and all our financial information is available upon request.
For local South African donations we now accept Snapscan payments as well:
Bank : Nedbank (Franschhoek)
FRANCO Account : 1670006654
Swift Code NEDSZAJJ