Financial - Frequently Asked Questions

 

Without you, we could not reach the children and demonstrate Jesus’ love by meeting their needs. We consider you a partner in our ministry to children. We are happy to answer any questions you may have about giving, financial statements, or stewardship.

- What is the monthly sponsorship rate?
- What methods of payment does One Child Matters accept?
- How can I make an online payment?
- Are my contributions to One Child Matters tax-deductible?
- Will I receive a receipt from One Child Matters?
- What is my Donor ID number?
- Does One Child Matters use paperless statements?
- How can I know if One Child Matters uses its finances efficiently?
- Where can I find One Child Matters’ most recent audit and other financial information?
- What is One Child Matters' source of funding?
- How do you manage the project’s spending and their overall performance?
- How does One Child Matters distribute sponsorship funds?
- Does One Child Matters send assistance directly to children and their families?
- How much of a sponsorship gift goes to a child’s program?
- Are there other ways I can help children through One Child Matters?
- What if I have more questions?
 

What is the monthly sponsorship rate?

 

The current rate of child sponsorship is $39 a month. In addition to their monthly commitment, sponsors are also encouraged to give to other areas of our ministry. For a list of additional giving opportunities, click here.

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What methods of payment does One Child Matters accept?

 

One Child Matters accepts Visa, Master Card, American Express, and Discover. You may pay online or set up automatic payments. We encourage you to consider automatic payments as it helps us keep administrative and processing costs low!

However, you are also welcome to use a check or money order, payable to One Child Matters, and include your donor number or child’s ID number in the memo.

Mail to:
One Child Matters
P.O. Box 62600
Colorado Springs, CO 80962

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How can I make an online payment?

 

We are happy you’d like to pay online as it helps us keep our administrative costs low. You can register and log on to your My Account page to set up a payment or make your giving automatic.

You can also learn how to support other One Child Matters programs here.

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Are my contributions to One Child Matters tax-deductible?

 

Yes. Contributions to One Child Matters, including sponsorship and other financial gifts, are tax-deductible as allowed by law. We will verify that you did not receive any goods or services in exchange for the donation unless an amount is noted.

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Will I receive a receipt from One Child Matters?

 

Yes. Each month you send in a gift, you will receive a statement detailing the amount of your gift, the date it was received, and how it was applied. The statement will also serve as a reminder of when to send in your next gift.

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What is my Donor ID number?

 

Your Donor ID number is a 6-digit number found below your name on the tear-off portion of your most recent statement. Your sponsor child’s ID starts with a C and is followed by 6 digits.

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Does One Child Matters use paperless statements?

 

Not yet, but we are working on it! If you prefer to save paper, we can adjust your monthly statement preferences so that you receive only a year-end statement for tax purposes.

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How can I know if One Child Matters uses its finances efficiently?

 

Our accountability to our donors is one of our highest priorities. Our goal is to be wise stewards of the funds entrusted to us. As part of our commitment to transparency, we undergo an annual independent audit and belong to Evangelical Council for Financial Accountability. All of the financial reports for One Child Matters are available here.

We monitor our fund distribution carefully. Our goal is that at least 80 percent of our expenditures are used for ministry purposes. We commit to distributing project funds to the field as quickly as possible.

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Where can I find One Child Matters’ most recent audit and other financial information?

 

Financial reports and audited statements are available here.

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What is One Child Matters' source of funding?

 

One Child Matters is supported in prayer and finances by individuals, businesses, churches and organizations. One Child Matters is accountable first to God, to friends of the ministry, and to the Evangelical Council for Financial Accountability (since 1982).

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How do you manage the project’s spending and their overall performance?

 

Every quarter, our projects are required to submit their financial reports, which are monitored by our Finance Department. We also evaluate each project’s performance in regard to child letters, departures, new children, and other key areas of growth and development in order to hold them to a high standard of accountability.

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How does One Child Matters distribute sponsorship funds?

 

All sponsorship funds are combined and distributed equally among sponsored children. This enables One Child Matters to provide consistent support to children in our program.

One Child Matters takes this approach with funds because there are times when sponsors do not send their payment on time or cannot send in a payment. It is in the best interest of the children if we combine our funds for a more equal disbursement.

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Does One Child Matters send assistance directly to children and their families?

 

No, because direct financial assistance creates opportunities for abuse and could put the children and their families at risk for theft. Instead, each project is overseen by a manager charged with providing the benefits to each child. Funds DO NOT go directly to the child or their family.

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How much of a sponsorship gift goes to a child’s program?

 

One Child Matters devotes more than 80 percent of our funds on programs that directly benefit the children we serve. This includes funds for ministry purposes which provide nutrition assistance, health monitoring, educational activities, spiritual development, and facilitating the relationship between the child and the sponsor.

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Are there other ways I can help children through One Child Matters?

 

Yes! We have many opportunities to help. You can learn more here.

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What if I have more questions?

 

If you have questions that we have not answered, please feel free to contact us at sponsors@onechildmatters.org. You are also welcome to call us at 800.864.0200. We would be happy to assist you.

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