As a charity inspired by Buddhist values, we place great importance on showing our true fundraising costs and exactly how precious funds are used.
In this section we have the accounts summaries for the past few years so that you can see where your money goes.
Our Impact in the field 2016 - 17
In 2016-17 our total income was £1,755,809, a slight reduction compared with the previous year. This was because our income for the previous year was boosted by an additional £131,000 of special donations that came in response to emergency appeals following the Nepal earthquake and Tamil Nadu floods.Trust donations were up this year as a result of a number of large grants from new trusts. The four largest of which totalled over £100,000. Trust income in 2016-17 also benefitted from multiple-year grants fundraised in previous years.
During the past year we were able to put £1,170,304 directly into programme delivery, enabling us to fund 35 partner organisations, delivering 52 projects and benefitting 60,000 people directly and a further 268,000 indirectly. Overall our Karuna-supported projects worked directly with 10,000 boys, 13,000 girls, 23,000 women and 14,000 men from the most marginalised Dalit and Tribal communities in India and Nepal, offering them opportunities for education, livelihood development and access to justice and welfare services.
Because of our approach of working in partnership with small grassroots locally-led organisations, we were able to deliver our support as cost-effectively as possible to some of the most marginalised and disadvantaged communities. As little as £25 per month was enough to enable a child to complete their education or provide training to help 8 women develop skills for new livelihoods.
Over the past year, we have further developed our work in Nepal. We are currently working with three new partner organizations, Green Tara Nepal, FEDO and ADWAN, all of whom work with women from Dalit/Tribal backgrounds.
During the year we have invested in new IT systems to enhance our operational capabilities and enabling us to extend our reach to more beneficiaries in India and Nepal.