MuCAARD-UK

Reserves Policy

At the moment, MuCAARD-UK has no substantial reserves. 

Over 90% of our first year’s income as a registered charity has been allocated to projects in the Philippine Republic. 

We are committed to fulfilling our objectives as a charity in raising funds in the U.K. to help support “Growing Sustainable Communities”, especially in the Philippines. Whilst, as the charity develops, reserves might be generated in the future, there is no intention to create them.