March 20, 2020, 15:30
Special Educators' Club
Due to the current situation, it has been
postponed for an uncertain period. We
will announce changes.
"Yerevan, which I know
NEWS / PROJECTS
DIRECT AID ASSOCIATION
public charity organization
Unfortunately donations made to Armenian charities are not tax deductible. However, we encourage you to contact your accountant, in order to find out details regarding donations to charities in Armenia.
Unfortunately our setup cost for this would be very high, as would the ongoing bank fees, so at this stage we can only take donations by bank transfer, cheque or cash.
Each March we allocate the budgets within our organisation and the teams work within that budget. The AGM each February reviews the finances of the previous year. Additionally, we print our detailed finances our Annual Report each year, and we provide 2 pure financial reports to the dept of tax and the pension fund.
More importantly we have had open books with the Swiss foundations and they have been involved with us since 1992 having access to our financial records at all times.
In a country that unfortunately has serious issues of corruption, we are aware of how important it is to know that financial support is utilised appropriately, and we are always happy to show people around our premises so they can physically see the results of their donations.
All our finances and banking is done and maintained at HSBC in Yerevan
DAA Account No.:
Currency Account No.:
HSBC Bank Armenia
1 Nersisyan str. Yerevan, 0014, Armenia
Yes, as long as the donation is within the guidelines of our program e.g. we can not give money you send to a friend or relative. They must be a patient or a direct family member of a patient being treated by the hospital. We can allocate finances as you request to the family or to a project of your choice. Please contact us for further detail.
A maximum of 15% of our budget is spent on administrative costs. We are always trying to keep it as low as possible so that we have more money to work with our patients.
The average wage we pay our psychosocial workers is approx $150 per month and the teachers receive approx $170 per month, with the highest wage being $380. The reality is most of our staff if they worked for overseas charities based here or other organisations would receive significantly higher wages.