Financial Accountability
Financial Accountability Policy At Social Progress Foundation, we are deeply committed to transparency and accountability in our financial practices. We recognize the trust placed in us by our donors, partners, and the communities we serve, and we uphold the highest standards of stewardship and integrity.
Independent Audit and Compliance
Social Progress Foundation undergoes regular independent audits conducted by reputable third-party firms to ensure compliance with applicable laws, regulations, and ethical standards. We adhere to the highest standards of financial accountability and transparency in all our operations.
Gift Acceptance Policy
Social Progress Foundation solicits and accepts gifts that align with our mission of promoting social progress and improving the well-being of individuals and communities. We accept donations from individuals, corporations, foundations, government agencies, and other entities, provided that they do not compromise our integrity or hinder our ability to fulfill our mission.
While we are grateful for all donations, certain types of gifts may require special review due to potential liabilities or conflicts of interest. Examples include gifts of real property, personal property, and securities other than publicly traded stock. We reserve the right to decline gifts that are inconsistent with our mission, pose administrative challenges, or may result in unacceptable consequences for our organization.
Donor Privacy
Social Progress Foundation is committed to protecting the privacy and confidentiality of our donors. We do not sell or share donor information with third parties for any purpose. Donors who wish to remain anonymous or opt-out of fundraising communications may do so at any time.
We maintain strict confidentiality regarding donor information, including names, contact details, and gift amounts. Donors have the right to request and receive a complete copy of their records, and access to donor files is restricted to authorized staff and members of the Board of Directors.
Donor Rights
We adhere to the Donors' Bill of Rights, which affirms the rights of donors to transparency, accountability, and ethical treatment. Donors have the right to know how their contributions are being utilized, to receive timely and courteous responses to inquiries, and to have their information kept confidential.
Gift Cancellation and Refund Policy
Donors may cancel their gifts at any time by contacting our Donor Support team. Refunds will be issued in accordance with our refund policy, with payments returned to the original payment method within a reasonable timeframe.
Thank you for your trust and support as we work together to create positive social change.