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What is Quaqua s approach to money management?

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What is Quaqua s approach to money management?

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10

A. Quaqua seeks to maximize the amount of funds that go to the promotion of home education and to recipient home-education graduates. Wherever possible, we use volunteer resources and labor and otherwise seek to minimize overhead and expenses. Funds are handled in accordance with generally-accepted practices of accounting and financial management. We try to keep funds in the hands of professional financial institutions whenever possible. Quaqua pays out in compliance with Internal Revenue Service regulations, and we take steps to verify that our funds are going to proper educational purposes. Usually we pay one bulk sum directly to the recipient’s institution of choice. However, Quaqua s awards are honors first and scholarships second; Quaqua will only pay out scholarship monies and make other expenditures based upon what we receive in donations. We guarantee only fund amounts which are posted at the applicable time on our website. A low level of donations means we can’t give many scho

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