Transparency
At the end of each financial year Latet Tikva carefully examines itself to guarantee that we always do our very best for our children. We feel that it is important to report to our generous donors how much of the sum they donated was allocated directly to activities, and how much was spent on administrative expenses. As a public organization funded by civil society, we believe in full financial transparency and are committed to the principle of public reporting.
Latet Tikva is a registered with the Endowments Registrar as a public benefit company (PBC). It is recognized by the Tax Authority as a non-profit organization and public institution, and therefore it is exempt from income tax and VAT.
