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Financial Accountability

   Dr. Joseph Lam is dedicated to being accountable to contributors for their donations to the children we help. Your gifts are a sacred trust, and trust is the most important asset of any charity. That trust is maintained only through strong financial accountability.

   Although we encourage all WCF Global Care and Share Network affiliates to operate their charities with a very small administrative staff and an extremely low overhead, Dr. Lam has always insisted on the highest levels of financial accountability using professional advisors. These accountability measures are a justified expense.

   The Accountability Team – Creating this professional accountability team means not only hiring the best people available to make sure our charity conforms to all laws, but also working with the finest auditors, the most experienced bankers, and Certified or Chartered Accountants to oversee bookkeepers. In many cases, these advisors are bonded or disciplined by professional associations and face severe penalties for wrongdoing.

 
   Dr. Lam has always been committed to conforming to the laws and the highest standards of practice at all levels. However, at the same time, he patiently works through and eliminates the useless bureaucracy and “trusts” that often hinder aid from being freely collected and reaching children in need.
 
   All of this professional accountability is overseen by volunteer Boards of Directors or trustees. These directors represent you, the Donors.
   
 

Who is World Children's Fund?
The World Children's Fund is a donor funded organization that helps rescue needy children who are abandoned, distressed, endangered, exploited, homeless, hungry, sick or suffering.


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