Disclosure
At Kunj Innovation Trust, we believe in full transparency. Below, we disclose key information about our operations, funding, partnerships, and policies to maintain trust with our community.
Our Commitment to Transparency
Transparency is at the core of our operations. We aim to provide clear and honest information about how we operate, where our funding comes from, and how we manage potential conflicts of interest. This disclosure page is part of our commitment to building trust with our donors, partners, and the communities we serve.
Financial Transparency
Kunj Innovation Trust is committed to financial transparency. We publish annual financial reports that detail our revenue, expenses, and allocation of funds. In 2024, 85% of our funds were allocated directly to project implementation, 10% to operational costs (covered by sponsors), and 5% to reserves for future initiatives. You can download our latest financial report from the Impact Report page.
Sources of Funding
Our funding comes from a mix of individual donations, corporate sponsorships, and grants. Major sponsors include TechCorp, GreenEnergy Solutions, and the Global Education Fund. We ensure that all funding sources align with our mission and ethical standards, and we do not accept donations that could influence our decision-making or compromise our values.
Partnerships and Affiliations
We collaborate with various organizations to amplify our impact. Our partners include local NGOs, tech companies, and educational institutions. For example, we work with TechCorp to provide hardware for our EduTech Platform and with GreenEnergy Solutions for our solar projects. All partnerships are disclosed publicly, and we ensure they align with our mission of community empowerment.
Conflict of Interest Policy
To maintain integrity, we have a strict conflict of interest policy. Board members, staff, and volunteers are required to disclose any potential conflicts, such as financial interests in partner organizations. If a conflict arises, the individual recuses themselves from related decision-making processes. This policy ensures that all decisions are made in the best interest of our mission and the communities we serve.
Data Usage and Affiliate Links
We collect user data solely for operational purposes, such as processing donations, purchases, or newsletter subscriptions. We do not sell or share your data with third parties for marketing purposes. On our website, we may use affiliate links for products or services we recommend (e.g., payment gateways like Stripe). If you use these links, we may earn a small commission at no extra cost to you, which helps fund our initiatives.
Risks and Limitations
While we strive to maximize our impact, there are inherent risks in our projects, such as delays due to external factors (e.g., weather, supply chain issues) or unforeseen community needs. We mitigate these risks through careful planning, community involvement, and contingency funds. However, we cannot guarantee specific outcomes for every project, and we disclose these limitations to maintain transparency with our stakeholders.