Over the past 4 years (April 1, 2014 to March 31, 2018), Safe Passage Foundation has disbursed 28 college scholarship grants totaling $14,015 and 24 emergency aid grants totaling $13,128. During that period, Safe Passage Foundation received $35,597 in donations from over 40 donors and donations from current and former directors totaled nearly 50% of total donations.
Our operating expenses have averaged about $172 per month and about 23% of donations received. While the percentage of donations spent on operating expenses may seem high, we expect it to decrease significantly as donations increase and we are committed to reducing overhead and maximizing operational efficiency. Our corporate sponsor, MadLab LLC (founded by director Robert Gentel), has pledged to cover all operating expenses so other donors can be assured that 100% of their donations will go directly to providing resources and support to those raised in cults.
During the fiscal year that ended on March 31, 2018, Safe Passage Foundation was mostly inactive and did not disburse any grants. As the fiscal year ended, we started working on reviving Safe Passage Foundation and during the current fiscal year (which began April 1, 2018), have disbursed $975 in emergency aid grants.
Have a look at our books, below you will find the yearly report for the fiscal year ending March 31 as well as the monthly reports for April and May since. Going forward we will continue to publish our books regularly.