MGEF Accounting Procedures

MGEF has created a system that ensures that donor funds are spent as specified.  In all aspects of our work, detailed documentation is required, from the student applications to the cost of education.  Applicants for scholarships are selected by Kajiado board members, after verifying the financial or cultural need as presented in the application and a visit to the applicant's family.  MGEF staff meets every student, visits schools regularly to talk to teachers and students, and receives reports from schools every term.  All Kajiado organization expenses are paid by check, whenever possible.  Copies of the checks and all receipts are submitted to MGEF monthly and reviewed. All school fees are paid directly to the schools, after receiving official school fee statements from the schools.  100% of donations designated for education are spent on education.  Administration costs are covered by general support contributions and grants. MGEF is audited every year by an independent accounting firm.  Below are copies of our most recent audited statements and Form 990.  MGEF is a 501(c)(3) organization, and donations are tax deductible.