MAGNA responds to global humanitarian crises with effective use of resources.
At its inception, MAGNA voluntarily pledged to use at least 80% of the funds raised for project operations in the field, and only 20% for fundraising and administration. Over the long term MAGNA has kept its commitment, in 2020 we spending a full 94% of our revenue on health projects.
As a MAGNA donor, you’re contributing to health care for children and their family members who need it urgently. Thanks to your contributions, we’re providing regular medical examinations, operations, long-term treatment, and vaccination.
How do we do it?
MAGNA implements its assistance directly, building its own teams and not using other entities. MAGNA teams provide health care, organize training for medical staff in communities, and respond both to immediate emergency needs and long-term humanitarian crises. MAGNA will use your money directly for its projects.
We are a non-profit medical humanitarian organization with an international reach. Your help allows us to provide health care whenever and wherever necessary.
We make sure to minimize the costs of the organization’s administration and management, so the highest possible percentage of donations goes to saving lives. Therefore, in 2019 a full 95% of what you donated went directly to our health programs.
MAGNA global finances in 2020
Total revenues of MAGNA in 2020 amounted to 3 910 386 €. Thanks to private donors support, we can intervene quickly and independently in times of humanitarian disasters. In 2020, the share of private and other donations reached 14%.
In 2020, MAGNA provided medical and humanitarian assistance in 6 countries around the world and spent 3 811 579 € (94%) to run the programs. The cost of communication with donors and of administration amounted to268 064 € (6%).
Where does the money come from?
In an effort to ensure our independence, we strive to maintain a high level of private donations. In 2020, 14% of MAGNA's income came from private sources. This was made possible by over 68 thousand individual donations. Public institutions providing funding for MAGNA projects included, among others, mainly the governments of Slovakia and the Czech Republic, UN agencies such as UNICEF, WFP, OCHA and UNFPA.
Where was the money used?
Africa 83% Middle East 5% Asia 9% Europe 3%
How was the money used?
Social Mission 94% Fundraising 4% Management and General Administration 2%
Social mission - 94% of total expenditure
Expenditure on program 98% Program support 1,5% Other humanitarian activities 0,5%
Program expenditures by category
Personnel 54% Health and nutrition 22% Transport and storage of goods 13% Office expenditure 6% Logistics and sanitation 2% Communication 2% Other 1%
The largest category of expenditure is personnel costs: the 54 percent of all expenditures includes all costs related to both local and international staff (including air tickets, insurance, accommodations, etc).
Health and nutrition includes medicines and medical equipment, vaccines, hospital fees, and therapeutic meals. Delivery of these materials is covered in the transport and storage category.
Logistics and sanitation includes building materials and medical centre equipment, and sanitary and logistics needs. The Other category includes, for example, external partner grants and taxes.