IMPACT / REPORT

Accountability and Transparency

We are committed to responsible stewardship of every gift entrusted to us.

On the Nature and Governance of the Foundation

The Agape Charity Corps, Inc is governed by a Board of Directors composed of several members, which holds full responsibility for overall governance and decision-making. All operations strictly comply with relevant IRS tax regulations and policy requirements. In addition, volunteer Certified Public Accountants provide professional assistance in reviewing and supervising financial operations to ensure transparency and compliance.

At the same time, the Foundation has established a clear internal structure and system of division of responsibilities in financial management, expenditure authorization, and execution, thereby ensuring a robust internal control mechanism. The Foundation also provides donors with semi-annual operational reports and updates, maintaining timely, transparent, and sincere communication.

Existing Projects and Operational Work

The Agape Charity Corps, Inc has been engaged in a number of ongoing ministries for many years, including:

• Formation of religious sisters in mainland China
• Pastoral ministry for Chinese communities and students in the United States
• Training of lay leaders and catechists

These ministries have long been carried out in collaboration with various partners in the United States and abroad.

Project Application and Implementation Procedures

The application and review process of the Agape Charity Corps, Inc is standardized, transparent, and aligned with relevant regulations and professional standards, as follows:

1. Applicants submit funding proposals for review;
2. All projects must be approved by the Board of Directors, after which designated project managers of the Foundation are responsible for implementation and administration;
3. Applicants submit detailed project budgets;
4. The Board of Directors reviews and approves the budgets;
5. Project managers work jointly with applicants to monitor project progress and implementation;
6. Applicants are required to submit quarterly progress reports to the project manager;
7. Applicants are required to submit semi-annual interim reports;
8. Applicants must submit a comprehensive annual report at the end of each year, including supporting photographs and documentation;
9. All reimbursements must be supported by valid receipts and comply with CPA audit requirements;
10. Where feasible, the Agape Charity Corps, Inc may conduct on-site visits to review project implementation and progress, and to receive reports from relevant parties.

Annual Reports

We publish annual reports detailing:

• Financial statements
• Program activities
• Grant distributions
• Impact metrics

Transparency builds trust. Stewardship reflects our values.