Hope Uplift Foundation (HUF) is dedicated to making a positive difference in the lives of those in need. We strongly believe in transparency and accountability in all our actions. As a non-profit welfare and charity organization, we strictly follow various laws and regulations to ensure ethical operations.
We are pleased to share a significant achievement with our donors, supporters, and stakeholders. In 2024, our financial statements were audited by Grant Thornton, one of the top seven international audit firms. Alhamdulillah, we are honored to announce that we have received a clean audit report from them. This accomplishment reflects our commitment to financial integrity and responsible management of funds.
Key Financial Highlights
For the year 2024, HUF allocated its funds to various welfare activities, ensuring that donations are utilized effectively to benefit those in need. Below are the key financial highlights:
1. Public Assistance Expenditure: PKR 72,955,036 (7 crore 29 lac 55 thousand 36)
This amount was dedicated to helping individuals and families in distress. Public assistance covers essential aid such as medical support, financial relief for struggling households, and emergency assistance to those facing hardships. By directing a significant portion of our funds to public welfare, we ensure that vulnerable members of society receive the support they need to lead dignified lives.
2. Educational Expenditure: PKR 68,490,593 (6 crore 84 lac 90 thousand 593)
Education is a fundamental pillar of development, and HUF is committed to providing quality education to underprivileged children. This expenditure covers school fees, books, uniforms, scholarships, and other educational resources. Our goal is to empower the next generation with knowledge and skills that will help them break the cycle of poverty and achieve a brighter future.
3. Hunger Relief Expenditure: PKR 20,964,125 (2 crore 9 lac 64 thousand 125)
Food insecurity remains a major challenge for many families. HUF’s hunger relief programs focus on providing nutritious meals, food packages, and ration distributions to ensure that no one in our community goes to bed hungry. Our hunger relief program aim to support low-income families, daily wage workers, and orphans who struggle to afford basic meals.
4. Shelter Expenditure: PKR 9,731,412 (97 lac 31 thousand 412)
In the above cost Hope Uplift Foundation is providing full support to the children living in its shelter home(New Life Home). It facilitates them with English medium education, quality food, a safe home, Quranic education, security, and various recreational tours. The foundation takes responsibility for the care and upbringing of children whose parents have passed away or abandoned them.
5. Administrative Expenditure: PKR 13,815,459 (1 crore 38 lac 15 thousand 459)
Running a non-profit organization requires efficient management, which involves administrative costs such as salaries for essential staff, operational expenses, and logistics. At HUF, we strive to keep our administrative expenses as low as possible while maintaining a high level of efficiency. Transparency in our operations ensures that donor contributions are primarily directed toward impactful programs.
Total Expenditure: PKR 185,956,625 (18 crore 59 lac 56 thousand 625)
The total amount spent across all categories highlights our commitment to making a real difference in society. Every donation we receive is utilized responsibly, ensuring that the maximum benefit reaches those who need it the most.
Our Commitment to Transparency and Impact
At HUF, transparency is at the heart of everything we do. The clean audit report from Grant Thornton validates our efforts in maintaining financial discipline and accountability. We understand that our donors trust us to use their contributions wisely, and we are committed to upholding that trust.
Why This Audit Matters
- Trust and Credibility: A clean audit report encourage donors and stakeholders that their contributions are managed responsibly.
- Accountability: It reflects our dedication to using funds efficiently and ethically.
- Sustainability: It strengthens our ability to continue our work and expand our programs to reach more people in need.
- Compliance: It ensures that we are following all required laws and regulations for non-profit organizations.
A Heartfelt Thank You
We extend our deepest gratitude to our donors, volunteers, and supporters who make our work possible. Your generosity and commitment enable us to continue our mission of uplifting lives and bringing hope to those in need.
As we move forward, we remain dedicated to serving our community with integrity, compassion, and excellence. Thank you for believing in HUF and being a part of our journey toward a better tomorrow.
For more information about our programs and how you can contribute, please visit our official website or contact us directly. Together, we can make a lasting impact!