100 % of the funds are redistributed.
100 % of the proceeds from the fundraising campaign are redistributed to Belgian charities. This is made possible by the generous personal support of the members of the Board of Directors and the growth of the Martin Kallen Fund.
Martin Kallen Fund : The Story
After reflection, a generous Board Member of United Fund for Belgium proposes a process that would cover all the operating costs of the association and allow 100 % of the donations from the fundraising campaign to be redistributed to charitable organizations.
In 1997, the Martin Kallen Fund was created with the unanimous support of the Board of Directors. The Fund was not intended to be distributed but rather to be capitalized and, as far as possible, to cover most of the association’s operational expenses.
All Board members believed that the Fund should grow until it can cover all operating costs, to allow for the full distribution of donations collected during the annual campaign. 100 % redistribution is an important criterion for donors. The Fund did not increase in the first years. In 2003, United Fund for Belgium received an unexpected donation from a Belgian individual which helped revive the Fund. Since then, a number of other substantial donations, from individuals, have promoted its growth, as well as, the specific fundraising initiatives from the members of the Board of Directors.
The assets of the Fund are professionally managed by Lombard Odier under the guidance and the supervision of the Financial Committee of UFB.