A Note from the Treasurer

January 2026, Fiscal Year 2024-2025

The John D.V. Salvador’s performance during fiscal year 2025 was satisfactory despite the closure of our fund raising operations in the United Kingdom last summer. Over the years, many of our friends had returned to their home country and sent donations directly from abroad. The efforts and cost to maintain our UK charity exceeded the benefits.

Consolidated donations amounted to USD 113'786 (USD 105’977). With half a dozen large donors and many small donations, we made our budget of USD 100k. Our Swiss Chapter was again our largest single donor, contributing just above 20% percent to total funding.

Cost were as well controlled as in previous years. With changes in our filing procedueres, we were able to eliminate all legal fees which amounted to USD 2’550 the previous year. Thanks to the filing change, our Efficiency ratio returned to a very healty 99.31% (97.34%). In other words, we spend less than a cent on admin for each dollar we raise.

Transfers returned to the level of our annual budget and amounted to USD 97’263. We helped to upgrade Don Bosco’s Accounting Department with new laptops, projectors and printers; supported the Centro Salvador (“Bless the Children Foundation”) with funds for a project management position and supported the orphanage of Saj Martin de Porres with money for the house parents and teachers.

Since 2006, the John D.V. Salvador Foundation raised USD 3.8 million. We built with these funds the orphanage in San Martin de Porres, the Centro Salvador in Tondo, the Casa Soledad & Vicente in Baseco. The latter two form the foundation of our outreach program which now covers 2’000 young students. We also support Don Bosco TVET in Tondo where we refurbished and modernized the School for Hospitality and Tourism (200 students), the Book Keeping Department (150 students) and Don Bosco’s Agricultural College in Legazpi (140 students).

Hugo Banziger, Treasurer