MAGNA responds to global humanitarian crises by using resources efficiently.
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. On a long-term basis, MAGNA has been fulfilling its commitment and in 2018 we spent up to 97% of our revenue on health projects.
As a MAGNA donor, you contribute to health care for children and their family members who need it urgently. Thanks to your contributions we provide regular medical examinations, operations, long-term treatment or vaccination.
How do we do it?
MAGNA implements its assistance directly, builds its own teams and does not use other entities. MAGNA teams provide health care, organize training for medical staff in communities and respond to immediate emergency needs as well as 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 that we minimize the costs of administration and management of the organization and that the highest possible percentage of donations contribute to saving lives. Therefore, in 2018 up to 97% of the amount you donated went directly to our health programs.
MAGNA Finances in 2018
Total revenues of MAGNA in 2018 amounted to € 2,577,634, an increase of € 575,081 when compared to 2017. Thanks to the support of private donors, we can intervene quickly and independently in times of humanitarian disasters. In 2018, the share of private and other donations reached 20%.
In 2018, MAGNA provided medical and humanitarian assistance in 6 countries around the world and spent € 2,166,044 (97%) to run the programs. The cost of communication with donors and administration amounted to € 60,149 (3%).
Where does the money come from?
In an effort to ensure our independence, we strive to maintain a high level of private donations. In 2018, 20% of MAGNA's income came from private sources. This was made possible by more than 60 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, UNFPA.
Where was the money used?
Africa 51% Middle East 27% Asia 21% Europe 1%
How was the money used?
Social Mission 97% Fundraising 1% Management and General Administration 2%
Social mission - 97% of total expenditure
Expenditure on program 96% Program support 3% Other humanitarian activities 1%
Program expenditure by category
Personnel 54% Health and nutrition 19% Transport and storage of goods 11% Office expenditure 10% Logistics and sanitation 3% Communication 1% Other 2%
The largest category of expenditure is for personnel costs: 54 percent of expenditure includes all costs related to both local and international staff (including air tickets, insurance, accommodation, etc.).
Health and nutrition includes medicines and medical equipment, vaccines, hospital fees and therapeutic meals. Delivery of these materials is included in the category of transport and storage.
Logistics and sanitation includes building materials and medical center equipment, sanitary and logistics needs. Other includes, for example, external partner grants and taxes.