As of October 17, 2012 The Faraji Foundation is an official nonprofit corporation! We are so excited to share this news with all of you! What does this mean to you as Tuleeni supporters?
We will be saving on our overhead expenses by reducing the transaction fee for all donations. We are currently charged 7% through Global Exchange, and if you are one who prefers to donate online through Google, we are charged an additional 3%, resulting in a 10% loss of donations. Once we get our 501c3 status, we will receive all 100% of your donations! We do plan to look into using an online donation platform still, but this will result in only 2.9% transaction fee. Much better! This will also allow you to see how much of an impact your donation makes in real time.
We will still be running primarily as the Build Tuleeni A Home project, but we will have the ability to also dedicate (with donor approval) a small portion of our funds to go towards education fees, running Akili Daycare and Nursery School, and supporting Mama Faraji’s sustainability through pig pen workshops that she teaches to local women’s groups!
So, really, not much is changing but our name!
Please stay tuned and be on the look out for our transition into The Faraji Foundation!