
Accountability at the MOM Foundation
• We have a dedicated account for the Foundation with approved signatories.
• We ensure that the tuition fees is paid directly to the schools and not routed through the parents/guardians.
• We also monitor the performance of the kids in school by scheduling periodic visits to the school and their houses.
• We document every donation received and do a proper reconciliation of donations against expenses.
• We submit periodic performance reports to our sponsors as required.
• We are registered with the Economic and Financial Crimes Commission (EFCC) in Nigeria, and we have been issued a Special Control Unit Against Money Laundering (SCUML) certificate to that effect.
• We are scheduled to make yearly returns to the Corporate Affairs Commission in Nigeria.
• We ensure that the tuition fees are paid directly to the schools and not routed through the parents/guardians.
• We also monitor the performance of the kids in school by scheduling periodic visits to the school and their houses.
• We document every donation received and do a proper reconciliation of donations against expenses.