Funding

VAB seeks contributions from individuals, foundations, corporate and government agency donors in North America. Fundraising is  done mostly through letter campaign, VAB presentations at communities / preofessional gatherings, and meetings and telephone contacts with potential donors. VAB maintains low overhead expenses due to the diligent work of its volunteers.  In fact, only 3% of funds collected over the past three years have been used for operational costs such as publicity materials, and post office box fees, and Website maintenance. 

click here for: Financial Details

Management and Accountability

VAB activities are managed by a group of 30 active volunteers each from US and Bangladesh. VAB gives grants in installments and supervises their use in Bangladesh through its structure comprising Country Representative, VAB Working Group and VAB Advisory Council who reviews the work, visits operations in the field and makes recommendations regarding subsequent grants. In 2002, VAB employed an evaluation team of four researchers from Dhaka university, which has examined its past three years activities, documented the success of VAB’s programs, and has made recommendations for improving the efficiency and administration of future activities.

 

VAB’s President visits Bangladesh every year, at his own expense, to monitor programs and work towards making them self-sustaining. VAB publishes an annual report as well as two newsletters per year detailing to donors how their contributions are being used.

 

VAB’s operations are completely transparent and open to inspection by donors and others.

 

VAB, United Way and Matching Grant

Persons contributing to the United Way through their employer may designate VAB as the beneficiary of their contribution. Contact your employer for the appropriate form. If any donor works in an organization that matches his/her charitable contribution, please send the filled out form along with your generous contribution for VAB to apply for matching grant.