Reports | Second Chances

Financial report & Transparency

Giving Second Chances Foundation is a registered nonprofit organization dedicated to transforming lives through second chances. Our financial strategy emphasizes transparency, grassroots impact, and responsible stewardship of every contribution we receive.

Individual Donations

From compassionate global citizens moved by our stories, including personal contributions through our website and social media campaigns.

CSR Partnerships

Through our $1,000 Second Chance Challenge, we have successfully engaged companies across sectors—from construction and fashion to media—creating a sustainable donor tier system using symbolic stars to represent their commitment.

Diaspora & Faith Giving

Many donors in the U.S., U.K., and Nigerian diaspora (e.g., Christ Embassy) have shown support due to our transparency and track record.

Grants & Foundation

We actively apply for domestic and international grants from humanitarian organizations, such as the Hansjörg Wyss Foundation, Skoll Foundation, and similar aligned funders.

Financial Goals (2024 - 2026)

Raise $250,000 by 2026 – To support 2,500 prisoners, 1,000 single mothers, and 2,000 youth.
Build a base of 300 monthly donors giving between $10 and $100.
Secure partnerships with 20 companies and 5 Grantmakers
Launch a transparency dashboard in 2026

Transparency & Compliance Measures

SCUML certified by EFCC

We are officially registered with the Special Control Unit Against Money Laundering (SCUML) under the Economic and Financial Crimes Commission (EFCC) in Nigeria. This certification affirms our commitment to lawful fundraising, financial integrity, and compliance with anti-money laundering regulations.

Quarterly Donor Reports

To foster trust and accountability, we provide quarterly reports to our donors and partners. These reports detail how funds are received and utilized, program outcomes, and ongoing needs—ensuring every donor sees the impact of their contribution.

Registered Non-Profit (CAC Nigeria)

Giving Second Chances Foundation is duly incorporated with Nigeria’s Corporate Affairs Commission (CAC) as a nonprofit organization. This legal status empowers us to operate transparently, receive grants, and enter partnerships in alignment with Nigerian law.

Annual Audits as Donations Scale

As our donor base grows, we are committed to conducting independent annual audits to maintain financial transparency. These audits will be shared with stakeholders and published to reinforce public confidence and governance standards.

Why Transparency Matters

We understand that trust is earned, not assumed—especially from a region often viewed with scepticism. Our story, structure, and openness are our proof.

🔍 Transparency is our Standard
We welcome audits, questions, and third-party due diligence.
If you’re a donor, partner, or institution needing additional information, please email our compliance officer at audit@givingsecondchances.org.