Scholars Welfare Foundation Sialkot Pakistan: DUNS Number 645744736 & NCAGE Code SXN14 Ref pk 15015443777 dated Jan 15,2015. SAM Registration Process Completed and Validated.              Scholars Welfare Foundation believes in a world in which children, youth, women and teachers are valued and empowered their rights promoted and protected.
BUDGETS

1.1    Corporate Budgets:

  • 1.1.1    The NGO shall produce a Corporate Budget in July of each year if sufficient funds  raised from donors or donor agencies.
  • 1.1.2    The Budget will be based upon the blank template budget in Annex 1.
  • 1.1.3     The Budget shall be discussed and agreed by Elected Office bearers & Executive Committee.
  • 1.1.4    Budgets should be update and presented to President, Senior Vice President, Vice President, & Secretary.every year unless regular donors or donor agencies provide financial assistant.
  • 1.1.5    Variances in excess of 10% on any budget line should be highlighted and approved by President, Senior Vice President, Vice President, Secretary  & 3 members of Executive Committee.

 

1.2    Project Budgets:

  • 1.2.1    The NGO shall produce a Project Budget for each budget in excess of four million
  • 1.2.2    All externally funded projects shall have a project budget.
  • 1.2.3    The Budget will be based upon the blank template budget in Annex 2.
  • 1.2.4    The Budget shall be discussed and agreed by President, Senior Vice President, Vice President, Secretary  & 3 members of Executive Committee Budgets should be update and presented to President, Senior Vice President, Vice President, & Secretary every three months.
  • 1.2.5    Variances in excess of 10% on any budget line should be highlighted and approved by President, Senior Vice President, Vice President, Secretary  & 3 members of Executive Committee.