FREQUENTLY ASKED QUESTIONS: FINANCIALS

Where does my money go?

Unbound is committed to allocating the highest amount of available resources for sponsored members and their families. In 2023, 90.2 percent of Unbound's expenses went toward program support.

View our 990 forms, annual report and annual audits to learn more about our financials.

How does my sponsored friend receive my financial contribution?

98% of sponsored members receive their benefits through cash transfers deposited directly into their individual bank accounts, or through vouchers that allow families to manage and make their own purchases. This method allows for the most personalization and gives the greatest flexibility to the family.

In rare instances, limitations necessitate that local Unbound staff assist the family in determining what they need and purchase it for them.

How does Unbound ensure financial accountability and transparency? 

Internal and independent audits and anti-fraud policies and procedures all help Unbound ensure your gift goes where you intended.

Due to our ongoing commitment to using your contributions wisely and our high standards of accountability, Unbound consistently earns the highest ratings from independent charity evaluators like these:

• Charity Navigator
• CharityWatch
• Better Business Bureau Wise Giving Alliance
• Candid (GuideStar)
• GreatNonprofits

Is my gift tax-deductible, and how can I get a tax receipt?

If you file taxes in the U.S., your contribution is tax deductible. You can view and print your receipts and annual statement through your account at Unbound.org. If you need help accessing your contribution information, contact us at 800.875.6564.

What is Unbound's tax ID or EIN?

Unbound is a 501(c)(3) nonprofit corporation and our federal EIN is 43-1243999.

MORE QUESTIONS?