FINANCIAL REPORTS

Our financial reports for the last four years are shown below. If you would like more information, please just get in touch.

Financial Reports

Governance

 

Our Charity

We do all we can to ensure the efficiency and effectiveness of St George’s School in Ethiopia:

NAEF operates a constitution or Charitable Incorporated Organisation. 

 

We comply with charity regulations both in the UK and Ethiopia

 

NAEF is registered with UK Charity Commission Charity number 1153346

 

Our Ethiopia branch is listed as a foreign NGO in Ethiopia under the name St George’s School

Funding

We ensure 100% of money raised goes directly to the project in Ethiopia.

Direction and funding of St George’s remains under NAEF UK

 

St George’s has its own bank account managed by local staff

 

NAEF provides monthly grants to St George’s to fund day-to-day operational costs

 

Ringfenced funds for the running of the school and education of the children is covered by child sponsorship, Broomwood Hall children and Parents Association 

 

Ringfenced funds for projects and programmes i.e. building and facilities are raised by donors, trusts, and fundraising events

 

Building work is carried out by local contractors

 

UK architect regularly visits to oversee and liaise with Ethiopian project manager, ensuring work is completed to highest standard in line with the original plan and budget

 

All administration and governance fees are covered by an individual donor

To continue our success we believe we need to ensure the following;

Minimise drop-out rate

 

Deliver quality education to help the children increase their future income-generation possibilities and bring prosperity to themselves, their family and their community

 

Ensure 80% of St George’s children pass their exams in key curriculum subjects

 

Provide 2 nutritious meals per day to aid concentration, growth and development

 

Be proactive in healthcare and hygiene, teaching children the importance of these in classes

 

Offer community members learning opportunities, support and micro-financing projects

 

We have changed the traditional education model in Ethiopia by creating a school that is the centre of the whole community offering full time education to the age of 18, 360-degree healthcare and community support

Since St George’s has been in operation (first children arrived in 2014) we have tracked attendance, dropout out rate, quality of education and exam performance and have outperformed in each parameter against the local benchmark. 

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Contact Us

0208 682 8801                        

29b Sudbrooke Road, London SW12 8TQ

Northwood African Education Foundation (NAEF) is registered with the UK Charities Commission Charity No. 1153346

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