How We're Funded

Financial Management Philosophy

My Brother’s Keeper is committed to the following financial management practices:

  • Having faith in God to provide for the ministry’s needs through the generosity of people
  • Avoiding the accumulation of funds. We believe money should pass through us to serve those in need, not remain with us.
  • Strong stewardship which maximizes program expenditures while minimizing administration and fundraising costs
  • Staff wages which are fair and reasonable — not excessive
  • Annual planning and budgeting based on the level of giving and our resources
  • Spending and expansion at a rate that does not incur indebtedness
  • Oversight by a volunteer Board of Directors including a Treasurer who is a CPA
  • Annual audits by an independent certified public accounting firm
  • Disclosure of current audited financial statements upon request
  • Avoidance of any conflict of interest that would compromise the good reputation of My Brother’s Keeper
  • Full compliance with the guidelines of the Commonwealth of Massachusetts and the United States Internal Revenue Service