Financial Transparency
We are determined to be as effective and as transparent as possible in everything we do.
A Thousand Hopes was founded and registered in Sweden since February 2024 as nonprofit organization (Ideell Förening) with organization number 802546-4226.
Our works are made possible only by the generous support of sponsors, donors & partners. These commitments make us even more determined to be as effective and as transparent as possible in everything we do.
How We Plan to Spend Donations
We are committed to ensuring that 100% of the donations received for our projects are used directly for their intended purposes.
Donations for our Adopt a Book project go entirely towards purchasing new books for school libraries, while contributions to our Sponsor a Student project are fully dedicated to providing scholarships for students in need.
To maintain this commitment, we raise separate funds to cover operational costs, including the logistics of delivering books to schools and other administrative expenses.
Hence, we raise funds separately to cover operational costs including books delivery to schools.
Our Commitments to Our Sponsors and Donors
At A Thousand Hopes, we are dedicated to honoring the intentions of each sponsor and donor. We ensure that all funds are used in accordance with the wishes of the contributor and are directed to the projects they support.
We commit to keeping our sponsors and donors informed:
- Transparency: We respond promptly to any questions regarding the operation of our organization and provide full financial transparency.
- Project Updates: We will keep you updated on the progress of the programs you support, including key milestones such as book orders, deliveries, borrowing rates, scholarship awards, and student achievements.
- Organizational News: You will regularly receive updates about the organization, including annual reports, financial statements, and newsletters, unless you request otherwise.
The Focus of our Efforts
Promoting Reading Cultures
Our fundraising initiative and books/libraries adoption programs aim to contribute to the construction of libraries, fostering knowledge hubs that empower communities with valuable resources and opportunities for growth.
Educational Support
Through our fundraising efforts and student sponsorship programs, we aim to provide monetary support that recognize those individuals who, despite financial challenges, demonstrate outstanding academic achievements.