Finances
 
 

Presently, MFI does not receive corporate or institutional assistance. All our contributions are generated from individual donors. Our yearly working budget oscillates between US$15,000.00-17,000.00. With the exception of about US$200.00 in expenses for registration and banking services, all our funds are directed to our students. No member of the board receives remuneration of any kind for his or her services. In the last two years the Bord approved a stipent to be paid in Colombia for the program administration. If you have a question concerning our finances, please contact the president at magfoundation@aol.com

 

 

 

 

 

 
Magdalena Foundation Incorporated, ©2005
Virginia, United States of America
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