tag:blogger.com,1999:blog-10326675.post489813739101218044..comments2024-02-15T03:32:25.686-05:00Comments on Preludium, Anglican and Episcopal futures: Peru receives funds from ERD and ARDF both.Mark Harrishttp://www.blogger.com/profile/06871096746243771489noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-10326675.post-62012550882076410862007-08-22T13:11:00.000-04:002007-08-22T13:11:00.000-04:00One huge difference between ERD and ARDF appears t...One huge difference between ERD and ARDF appears to be how each reports their finances. <BR/><BR/>ERD's Web page has links to their last 4 IRS 990's, annual reports with complete financial summaries and a link to their GuideStar reports.<BR/><BR/>ARDF's site is all promotion. No financials, no IRS information and except for saying they are tax-deductable, there is no information about their 501(c)3 status.<BR/><BR/>While the ERD's reports indicate an outstanding administrative expense/program expense ratio, neither ARDF or Geneva Global (ARDF's fund manager)provide any information.<BR/><BR/>Given ARDF and Geneva Global presumably both have administrative fees and expenses, it could be possible that only 50 to 60% of donated money actually helps those in need.Andy Muhlhttps://www.blogger.com/profile/09438527060443509986noreply@blogger.com