Norwegian Church Aid has two main sources of revenue: private donors and Norwegian authorities.
Private donors
Annually, we receive contributions of approximately NOK 140 million from private donors. Around NOK 30 million of this is received during the Lenten Campaign, Norwegian Church Aid’s annual fundraising campaign held during Lent, just before Easter.
Public contributions
The rest of our revenues come from Norad and the Norwegian Ministry of Foreign Affairs. Norwegian Church Aid is grateful for the confidence these authorities have shown us, making us the largest recipient of public funding among the non-governmental aid organisations in Norway.
Comprehensive financial management systems
In 2007, Norwegian Church Aid introduced a new financial management system (Maconomy), which during 2009 will be turned into an integrated system for all our offices both at home and abroad. Norwegian Church Aid’s representative offices in the field employ local auditors and keep accounts that are approved by the organisation’s Board in Norway. In addition, Norad and the Ministry of Foreign Affairs require a Norwegian audit of the funds granted by them, meaning that the expenditure of public funds is submitted to a double audit.
Detailed guidelines
Norwegian Church Aid’s financial guidelines comprise highly detailed management requirements that all representative offices are obligated to follow.
One can never achieve full guarantees against exposure to financial crime. However, reliable financial management systems are a precondition for being able to detect and rectify such situations should they occur.