Every month, 10 outstanding and trustworthy grassroots organizations are selected to become TFISH Fund Associate Members and receive seed funding. Our goal is to promote 50 to 100 grassroots organizations over the span of two or three years to be completely financially transparent. We hope that this transparency model will eventually become a mainstream culture among nonprofit organizations.
To measure transparency among the current groups we work with, we have adopted 3-star assessment standards, one assessment for each quarter during the cooperation period. The results of the 2nd quarter of 2013 and 2012 assessment are as follows:
TFish Transparency Assessment for 2nd Quarter of 2013
Transparent Fish 3-star transparency assessment criteria (assess quarterly)
★ (meets the requirements of 1-5)
★★ (meets the requirements of 1-6)
★★★ (meets the requirements of 1-6 + model and recommended by TFish)
Disclosure requirements of organization, finances and project.
-------------The above items are the minimum criteria for the partners of TFish Fund---------------------
6. The organization has submitted high quality financial and project reports voluntarily, including stories from the TFish supported project, the progress of the project and the reports of the beneficiaries.
Original article written by Ping Chao and translated by Maggie Li , edited by Yanyan Zhang
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