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click here - Stichting Weeshuis Sri Lanka

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Reputation risksThe <strong>Sri</strong> <strong>Lanka</strong> Orphanage Foundation largely depends on private contributors for its funding. The reputation of thefoundation is t<strong>here</strong>fore extremely important. The foundation aims to provide all the information available on the website,in newsletters, articles and in the annual report as transparent as possible. To be awarded the CBF hallmark was veryimportant because it guarantees the trustworthiness of the foundation. In any case the foundation tries to present allexternal communication and information as clear and open as possible. This policy has been awarded in 2007 with thefourth place and an honourable nomination of the Transparency Award for the best annual report for charities, aninitiative of the Dutch Sponsor Association and Price Waterhouse Coopers.Liability BoardTo cover liabilities and responsibilities the members of the Board are insured against third party claims.52

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