Child Foundation: Your support

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Child Foundation: Your support
by Shorts
06-Aug-2008
 

Dear Sponsors, Friends and Supporters of Child Foundation:

Because of your support, over the last fourteen years Child Foundation has grown into a world class charity supporting underprivileged and talented children in Iran, Afghanistan, Indonesia and USA. Child Foundation has in fact supported tens of thousands of Children, has sent over 340 individuals to universities, approximately 50% of whom have graduated with advanced degrees, including 17 medical doctors. Presently CF has about 3500 children under sponsorship.

As you can appreciate, over the past thirty years, and in particular over the last eight years, the political climate between the governments of the US and Iran has been acrimonious. Child Foundation has faced numerous challenges to its charitable activities, including complying with the letter and the spirit of US laws while satisfying the Iranian government that our operations are financed by private individuals for humanitarian purposes. Because of your continuing support, we have enjoyed great success in our humanitarian efforts, and have always strived to remain a truly independent, non-political and non-sectarian, charity. It is you and only you that we depend on. It is children, and only children, whom we support.

Regrettably, we are writing to update you on an investigation of Child Foundation’s financial records and operations by the US government, our ongoing cooperation with this investigation, and to request your continuing moral and financial support. This recently initiated investigation is focused on our compliance with a number of federal statutes and regulations, including tax laws and Treasury regulations governing transactions with Iran.

Child Foundation has always strived to comply with U.S. laws that limit aid to Iran but permit food and medicine to be sent for humanitarian purposes. We believe that all of our current programs are in compliance with U.S. laws and are cooperating fully with the investigation. For your information and as part of our administrative tasks, Child Foundation has voluntarily submitted to yearly independent financial audits of its operations in the US and in Iran. These audit results are available for review, and will be voluntarily disclosed during the investigation if in fact requested.

As it is the norm for every corporation, Child Foundation has retained counsel to represent both the Child Foundation and the members of its Board of Directors. Though we believe that we will ultimately be exonerated by the investigation, nevertheless complying with the investigation will increase our operational expenses. We strongly believe in the transparency of our financial operations and feel obliged to inform you of these additional and unforeseen operational expenses and compliance costs which cannot be accurately quantified at this time.

We strive to direct the vast bulk of our regular fundraising to aiding needy children and request your continuing support. We also respectfully ask that you consider a special donation to Child Foundation to strengthen our financial position. Our ability to keep helping so many children has always depended on you and your generousity, and we are truly grateful for your support.

Child Foundation Board of Directors
August 04, 2008

DONATE NOW

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A Guide to OFAC, Child Foundation

by A (not verified) on

A Guide to OFAC - provided by Iranian American Bar Association

//www.payvand.com/news/08/aug/1034.html

The Iranian American Bar Association (IABA) is pleased to announce the launching the first of a series of Working Group documents, a collection of memoranda on specific legal matters that are of interest to the Iranian-American community. - 8/4/08


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There is a need for lawyers.

by A (not verified) on

There is a need for lawyers. It will be nice if the child foundation explains to the donors of what their position is and what is going on that they got raided. An update would be nice. I read thet they are the first Iranian charity that got raided.

A.


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Legal fees for Child Foundation

by Anonymous on

Which account in their web site is the donation for legal fees? It is not specified.


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No need for top lawywers

by Peyman (not verified) on

I think if there was no wrongdoing, the Child Foundation has nothing to worry about. They may also not need sophisticated lawyers. They should relax given everything was done right. I also agree that they need to get a note from their lawyer that the Child Foundation has never done anything wrong and it is okay for us to donate.


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Support for Child Foundation

by Sh (not verified) on

What other kind of support can we provide? Does Child Foundation know what they are charged with and can they get a statement from the lawyers that it would be okay to donate?