In April 2024, we have conducted the first this year rating of Charitable Foundations based on the results of Annual Financial Reports.
Three foundations were evaluated: Charitable Foundation “Mriyu Zhyty” (“I Dream to Live”) – 106 points, which is equivalent to 5 stars in the rating, Charitable Foundation “Derevo Moho Zhyttya” (“Tree of My Life”) – 88 points, which is equivalent to 4 stars in the rating and Charitable Foundation “Ya – Mariupol” (“I Am Mariupol”) – 115 points, which is equivalent to 5 stars in the rating.
We should note that the Organizing Committee has received several more applications for evaluation and is working on information submitted.
The three funds that have already been rated received a Ukrainian and English Certificate and an Annex with expanded information on the points awarded.
Nominee’s Certificate of “Charity Compass of Ukraine” rating is a document addressed to partners and charitable organizations that are interested in confirming that their transparent and honest activities comply with tax reporting requirements, adhere to international standards in carrying out charitable activities and is aimed at increasing the competitiveness of nominee among non-profit organizations.
Voluntary certification of a charitable foundation through its participation in the Rating is a new sector’s benchmark for reliability, integrity, honesty and transparency in the activities of a charitable organization.
Voluntary rating of charitable organizations is an open system of accounting for the activities of organizations, an opportunity to publicly confirm the transparency and accountability of their activities and to show the effectiveness of using the funds raised. Thanks to the assessment within the framework of the “Charity Compass of Ukraine” rating, charitable organizations indirectly receive a “star of trust” from society for their further transparent and effective work, to raise public awareness of their activities and potentially increase funding for charitable projects.
We continue to accept applications for the National Rating “Charity Compass of Ukraine”. Terms of participation: https://compass.vboabu.org.ua/conditions
• Official registration in Ukraine as a charitable organization (charitable foundation) in accordance with the Law of Ukraine “On Charitable Activities and Charitable Organizations”;
• Availability of open information about the foundation’s founders (subject to their identification in the public Internet space);
• At least two years of operation in Charity sector, availability of annual tax (financial) reports for the last two consecutive years (as an exception, one year – by the decision of the Organizing Committee);
• Amount of charitable assistance provided during the past year was at least UAH 500 thousand;
• Availability of own website (FB page or other format of representation in the Internet space) is mandatory.
Note: If a criminal proceeding is opened against a charitable organization or its founders or top management, or a court verdict is passed, or restrictive sanctions are imposed in accordance with the established procedure, Rating’s organizers have the right to terminate the participation of this charitable organization in the Rating for moral reasons.
To take part in the National Rating “Charity Compass of Ukraine”, please, fill in the Application Form determined by the Organizer. When submitting the Application for participation in the Rating, its authors should provide information on their activities, based on which experts will rank the activities of charitable organization (the text and form of the Application are determined annually by the Organizer and the Application is posted on the Rating website).
To take part in National Rating “Charity Compass of Ukraine”, please, get acquainted with following documents:
1. Regulations on National Rating “Charity Compass of Ukraine” (Положення про Національний рейтинг «Компас благодійності України»);
2. Evaluation Methodology (Методикa оцінювання);
and
3. Fill in the Application Form (Заповнити заявку на участь). Application and all documents specified in paragraph 3 should be sent to the email address: [email protected]
By completing and submitting the application/information, the participant agrees to the processing of personal data and its publication on the Rating website.