The Ministry of justice explained who and how to report on the expenditure of funds of a charitable account for treatment

Reporting on the receipt of funds intended for treatment, purchase of medicines and other purposes in the field of health care, as well as on the use of these funds by organizations and individuals creating such fees, must be made public annually no later than March 31. The reporting requirements were explained by Deputy Head of the Department for Non-Profit Organizations of the Ministry of Justice Alexey Pechkurov, BelTA writes.

According to Decree No. 304 “On foundations and charitable activities in the field of health”, charitable activities in the field of health care can be conducted by foundations, public associations, institutions and individuals.

“Reports of cash inflows and expenditures shall be made public no later than 31 March each year. This information should contain information about the amount of money received as part of their collection for medical care, said Alexey Pechkurov.

He added that information on spending should contain information on the amount of money sent to individuals in need of medical care, and organizations that provided medical care or sold medicines, medical nutrition, medical devices.

The deputy chief explained that the information provided was similar for all subjects of this activity. Individuals will additionally inform about the amount of money received for the provision of medical care to individuals in need. Individuals, in addition, must report the amount of funds sent to the organization that provided medical care or sold medicines, medical nutrition, medical products, as well as other charitable accounts in cases where they are unclaimed or received in an amount exceeding the limit of collection of funds determined in the charity account agreement.

Head of the Department of Legal Regulation of Constitutional Construction of the Ministry of Justice Svetlana Rogova drew attention to the mandatory requirements for announcing from individuals about the start of fundraising. Such requirements are defined by Decree No. 304. Thus, the ad must contain reliable, up-to-date information about the person who collects funds and the purpose of the collection. Also, contact information should be indicated on which persons who donate their money can receive additional information of interest. You also need to specify the details of the charity account, where you can transfer funds.

Svetlana Rogova stressed that an individual can open only one charity account, explaining that such a mechanism will avoid abuse. “The goal is to accumulate all the money in one charity account. This creates a more transparent mechanism for monitoring both the person who opened the charity account and the reporting of all payments. This is an absolutely transparent mechanism that excludes abuse, she said.