Annual Activity Report 2023
We closed the 2023 fiscal year with great excitement and two major projects underway. You will discover them in this Current Report.
As many of you know, Foundawtion is a small non-profit foundation:
- The Board of Trustees is composed of eight friends who came together nine years ago to altruistically contribute their time, knowledge, and professional experience.
- We are surrounded by magnificent volunteers; architects, quantity surveyors, and economists, who generously offer their expertise and free time to advance the projects with admirable constant supervision.
- We add to this fantastic “human cocktail” volunteers who selflessly travel to oversee construction in Senegal and Namibia.
We want to emphasize that we only allocate human resources to the projects, not to the management of the Foundation. Specifically, two architects dedicate their workday to designing and monitoring the projects.
This is how we operate. It’s important to understand the inner workings of foundations to ensure greater transparency in the management of the resources we receive from our donors. We want nearly all of your contributions to go directly to funding the projects, not to covering the operational expenses of the foundation. The day we can’t maintain this rigor, we will need to reconsider our future.
As of now, thanks to all of you, Foundawtion is sailing smoothly and full speed ahead, without official aid, thanks to the generosity of our “captain” Teknia and an unparalleled crew. We expect a good journey this year as well.
Warm regards,
David García
President