ANTI-SLAVERY
SOCIETY

FIGHTING SLAVERY TODAY

The Society's finances

As a public charity and, consequently, it is subject to the supervision of the Attorney-General.

Policies to ensure money well spent. The Society must ensure that the funds which it receives are used for the right purposes and are well-spent.

The Society has a policy that an allocation is released in five tranches over a five year period in an ascending ratio of 1:2:3:4:5.  The first release represents only 6.6% of the total allocation. If, after careful monitoring and auditing, a satisfactory performance has been achieved, the second tranche — representing 13.2% of the total allocation — is released.  If satisfactory progress is being achieved, then the remaining three tranches are released over the following years.

This policy is designed to ensure that trust funds are:

  • not being fraudulently misappropriated;

  • used for the right purposes, ie, that they are being spent on the Society’s objects and not for any other purpose; and

  • well-spent and are not being squandered by persons who, although well-meaning and enthusiastic, are incompetent and unable to produce satisfactory results.

Finally, the members of the Society's Board of Governors, the Society's Board of Trustees and its Secretariat provide their services gratuitously.  They do not receive any remuneration for their services.


Links to other pages dealing with the Society:

Legal status of the Society

Constitution of the Society

Society's funding

Society's finances

Society's overseas programs in Africa and Asia

Structure of the Society

Society's governance

Membership


Links to other Societies:

American Anti-Slavery Society

Australian Anti-Slavery Society


The Society is not responsible for the content of external internet sites. 

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  2003 by the Anti-Slavery Society. The text on any page may be reproduced provided that the source is acknowledged.  This does not apply to photos.