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Financial Accountability

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King James Mission School

King James Foundation

We have a responsibility to be faithful stewards and to maintain integrity and openness in our financial practices. Therefore, we are committed to fulfilling sound, Biblical standards.

Our unique ministry involves presenting the needs of God's people to God's people, then trusting the Holy Spirit to touch the hearts of those whom He wants to participate in meeting those needs.

Because the Lord supplies us with resources for ministry through individual contributions, we recognize our accountability both to Him and to our donors. We have a responsibility to be faithful stewards and to maintain integrity and openness in our financial practices. Therefore, we are committed to fulfilling the following standards:


• We are governed by a responsible Board of Directors, the majority of whom are not staff members or their relatives. Our Board meets to establish policies, approve budgets, and review operational results and foundation accomplishments.

• Our financial statements are prepared in accordance with generally accepted accounting principles. We obtain an annual audit in accordance with generally accepted auditing standards by an independent public accounting firm.
• Our Board appoints an audit committee, the majority of whom are not staff members or their relatives, to review the annual audit and report its findings to the Board.

• We seek to conduct our activities with the highest standards of integrity and to avoid conflicts of interest. Because we believe that it is God's place to prompt a response to our fund-raising appeals, we shun high-pressure or manipulative fund-raising tactics.

• Our fund-raising appeals clearly identify the purpose and programs to which donations will be applied, and we ensure that donations are used for the purposes for which they were raised. Our Board has directed that all contributions designated for specific projects shall be applied to those projects, and we may assess up to 10 percent to be used for administering the gift. Occasionally, we receive more contributions for a given project than can be wisely applied to that project. When that happens, we use these funds to meet a similar pressing need. Our policy is to meet the needs God lays before us, so that Christ is lifted up and the Gospel advanced.

• Contributions to the ministry are tax deductible to the full extent allowed by law. In order to help our donors determine the tax-deductible portion of their gifts, we receipt all donations showing the fair market value of any goods or services provided to the donor.

• We will not operate this ministry with indebtedness that dishonors the cause of Christ and hinders the work of the Gospel. When we make a purchase, we pay the approved invoice within 30 days. We do not intend to use the vendor's money. While we may occasionally borrow funds for capital expenditures, we promptly repay those loans.

• Out of respect for individuals' privacy, we do not sell or rent our mailing list to other groups wishing to use the names and addresses of our supporters. We maintain tight security on our list of friends and supporters.

 

We also protect our partners and friends from Scam,internet fraud,and other from Africa,if we are alert.

 

        KING JAMES FOUNDATION 2008-2009 FINANCIAL REPORT

Partners /Donors Names

Donations

Expenditure/Projects

Year

Bishop Sidney David Wheatley

 

Family Support/ Church /Mission/Business

2008-2009

Steven Kvinlaug

 

Family Support/ Feeding of Orphans/Clothing

2009

The Sending Place Ministry

By-Pastor.Darrel Deuel

 

Nigeria Mission / New Church project

2009

Chad and Michelle Tapp

 

Nigeria Mission Support

2009

Kim and Mike Orteizer

 

New Church Support /Family Support

2009

Damon Stuart

 

Feeding of Orphans and Poor Kids-Party

2008

Mrs. Yvonne Ama Blay

 

Registration of Legal Documents

2008-2009

James Solomon Mensah

 

Missions to--Burkina-Faso, Nigeria,Bolga,Services,Documents.

2007-2009

Dr. Adams Preston

Educational Materials

Donated to Anchor Nursery/Primary Sch.

2009

Pastor. Vincent Nwokolo

 

Family Support and New Church Support

2007-2008

Pastor.Cecil Lukobi

 

Family Support

2009

Alan Melton, Aaron Brockway

 

Educational Material for Orphans

2008

 

 

2008-2009

.    2010  FINANCIAL REPORT

On 9th March 2010, we the King James Foundation received 20 pallets, a pallet has 33 boxes of food and weights around 1000 pounds, (660 boxes, 142,560 meals) of Kids Against Hunger Foods worth $33,000 US Dollars through the US Navy, Africa Partnership Station with combined team of Project Handclasp at Tema Harbour, 30 km from Accra. We did not pay any port charges, taxes, or duty fees. The King James Foundation team had an opportunity to meet the Commander, Commodore Cindy Thebaud at the Tema Port with short greetings and introduction, after inspecting the Tema port yard to make sure everything is in order before the ship arrives and offloading of the Kids Against Hunger Foods to us. The Ship arrived 6:00pm at Tema Port with combined US Navy, Air force, Military, Marine team and others to deliver the food to us.

Financial Donation from Partners to Support the Project:

1. Bishop Sidney David Wheatley--------—Transportation, hiring men

2. Chad and Michelle Tapp-----------------Items for cooking, Ingredients

3. Kim B. and Mike Orteizer----------------Workers, Volunteers, family

4. Dr. Laurel Herring---------------------------support volunteers

5. Chris Turner---------------------------------Support my family.

6. Steven Kvinlaug --------------------------Juaben,Fotobie trip,feeding,distribution and family support.

7. Rev.James Solomon Mensah--------- Logistics, Media, Travels, Workers

8. Bishop Sidney D. Wheatley ------------------ Family support

9. Yvonne Ama Blay---------------------------Administration/Logistics

10. Dr.Preston T.Adams--------------------------------Family Support

11.Pastor Sam Asare---------------------------------Feeding program /Family support.

12.Carla Stackhouse ---------------,Feeding Program

13.Andria Campbell---------------------Family Support

14. Steinar Haugen----------------,Feeding Program Support,and Family support

15. Kids Againt Hunger Food sent to Ghana. 

                                                         

Copyright 2006-2013 KJF .All Rights Reserved. Registered under Ghana Government NO.G-25.143, Social Welfare, Accra Metropolitan Authority-AMA. No part of the information, names addresses, phone contacts, e-mails, or whatever maybe be use from this webpage without the prior writing permission of KJF directorates. Please Report any abuse or fraud /Scam.

 NB: Please report to us if any unauthorized partner use this website, phones, e-mail, Information, projects, programmes or anything from this ministry to try to collect funds, donations, money or materials from you without our consent. You are free to contact, call or send us e-mail quick for verification before you act.