Nominated for the third time
in a row
for the Transparency Award!
The jury for the Transparant Prize announced this week that the Musical Instrument Fund Foundation has been nominated for the third consecutive year for the award for the best annual report of 2008. The Transparency Award is presented annually to a Dutch charitable organization that produces the most insightful and distinctive public report. For this competition, the fund has been classified in Category II: Medium-sized organizations (€0.5 million – €2.5 million in revenue).
The Transparency Award is an initiative of PricewaterhouseCoopers and the Dutch Donors Association. The goal of the Transparency Award is to promote the quality of reporting by charitable organizations through the sharing of best practices. The Transparency Award consists of a cash prize of €10,000 and a symbolic trophy.
The nomination for the Musical Instrument Fund Foundation underscores the importance it places on transparency in all its actions. The foundation demonstrates this, among other things, by:
its award criteria (The Musical Instrument Fund only lends instruments if they can be heard on Dutch concert stages);
its approachable attitude toward donors (including literally, by holding Open House events at the NMF office);
the organization of an increasing number of public events (a tenfold increase over the past six years) and
once again, the award of the nomination for the Transparency Prize.
The Musical Instrument Fund will, of course, continue on this path toward greater transparency in the future.
On Tuesday, October 8, the winners of the 2008 Transparant Prize will be announced. The awards ceremony will take place from 3:00 p.m. to 5:30 p.m. at the Nieuwe Kerk (Spui 125) in The Hague.View our annual reports here