Where do CYDF's funds come from?
CYDF receives financial support from individuals, corporations, organizations , and private foundations,.
Where does CYDF's funding go?
Since its founding in 1989, CYDF has awarded grants totaling over RMB 4 billion (TBC) to promote the healthy growth and development of Chinese youth, primarily in the fields of education, culture, health, and environment protection.
Of CYDF's total expenses for 2007, 95 percent were allocated to program services and 5 percent to supporting services (administration and fundraising).
How can donors be assured their funds are being used wisely?
Our organization is operated for charitable purposes as defined under Chinese law. All programs receiving funding must provide regular and periodic reports stating their progress toward agreed upon goals. All programs receiving funding have a built-in evaluation component.
What could my money be used for?
Donations made to CYDF are directed at positive youth development programs all across China. CYDF's grant making support is focused on five key programs: Project Hope, Mother River Protection, Action Red Ribbon, Hope Hospital and Development Programs. Often donors wish to support a particular program such as education or health; however, whichever project you choose to support even a small contribution can make a big difference.
How are donations used in Project Hope?
Project Hope and the CYDF appeal to individuals and institutions to continue their support of children in China. We welcome contributions of any amount, however for larger donations you may elect to put your contribution towards a specific program such as those listed below. You may also simply put your donation towards a general fund, which goes towards wherever funds are most needed.
|
Programs |
Cost (RMB) |
|
Primary education scholarship |
1,000/student |
|
Junior high school education scholarship |
2,000/student |
|
Senior high school education scholoarship |
3,000/student |
|
College/university education scholarship |
4,400/student |
|
Teacher Training Course |
3,000/ teacher |
|
Hope Library Set |
10,000 |
|
Hope Sports Field |
20,000 |
|
Hope Digital Movie System |
50,000 |
|
Hope Computer Lab |
100,000 |
|
Construction of a hope school |
400,000 |
|
One school year’s textbooks and other cost for a migrant child |
660 |
Do I receive anything for my donation?
If you choose to support a child’s education we will try to establish a link between you and the sponsored child so that you may receive letters from him or her. If you sponsor a training program, the class could be named after you. If you choose to sponsor a library or a school you also have the option to name the room or school with a commemorative plaque.
If you spend just 5 RMB to plant a tree you can make a difference! You can also plant a mu of trees or even sponsor an entire forest and have it named after you. The CYDF and its provincial partners will present a commemorative card to those who have made single donations of 200 RMB or more.
Can I sponsor a child through CYDF? How much does it cost to sponsor a child?
Yes, you can sponsor a child, one-on-one, to attend school. If you spend just 1000 RMB you can help send a Chinese student through primary school, 2000 RMB will send a Chinese student through junior high school, 3000 RMB will send a Chinese student through senior high school, and 4400 RMB will send a Chinese student through university.
Do you have annual program reports?
Yes, CYDF has an annual program report, which is sent out automatically to most of our donors. Please view these reports on our website.
Who are your auditors?
Our books are audited each year by Price Waterhouse Coopers, and by lesser known but highly skilled specialists in charitable and non-profit finance.
Do you use CPAs or chartered accountants?
Yes, every national office uses certified public accountants or chartered accountants to keep the books, and these are then audited by one of the international auditing firms whenever possible.
Who are your bankers?
Industrial and Commercial Bank of China, Beijing Branch, Dongsinan Subbranch
Name on Account:China Youth Development Foundation
Account Number:0200001029014484859
Bank of China, Headquarters (1,Fuxingmen Neidajie,Beijing)
Name on Account:China Youth Developmen Foundation
SWIFT COOE:BKCH CN BJ
USD Account number: 00023608091014
JPY Account number: 00038408091027
HKD Account number: 00023608091013
Can we send payment directly to the charity?
Yes, or you may nominate a recipient for your gift, but you must send your donation to CYDF.
How can I contribute?
To learn more about how you can contribute to CYDF,
Contact: China Youth Development Foundation, A-1 Houyuanensi Hutong, Jiaodaokou Nandajie, Beijing, 100009, China
Tel: +86-10-6403-3904
Fax: +86-10-6403-3895
Email: info@cydf.org.cn
