The annual report of the Istoki Endowment Fund is rated as meeting the standards

The 2019 annual report of the Istoki Endowment Fund has been selected and considered for the shortlist of the “Reference point” competition public annual reports of NPO.

The 2019 annual report of the Istoki Endowment Fund passed the first stage of the All-Russian competition of voluntary public annual reports of socially oriented non-profit organizations “Reference point”. Reports meeting basic information disclosure standards were permitted to contest.

According to the organizers, the goal of the project is “to increased confidence in the non-profit sector by developing and promoting a culture of transparency and accountability in NGOs, as well as using reporting tools to build communications with stakeholders. A public annual report is a way to analyze your own activities and get feedback from stakeholders and the expert community”.

The competition has been held since 2004, 1 401 NGOs have already taken part. This year, the number of experts has doubled and reached fifty. Each report will be evaluated by at least two experts.

Published on October 06, 2020. Read full article here