The Anchor Fund

Survivor supportin 2023, The Anchor Fund raised $288,491, versus a budgeted amount of $250,000. The organization exceeded its budgeted revenue by about $38,000 primarily due to an unexpected second contribution from a new board member. This donation was received year end, and therefore couldn't be relied upon for distribution throughout The year. In 2023, The organization distributed $210,418 and approved 336 requests from survivors. The expense base at The Anchor Fund is predictable and managed aggressively to preserve funds for survivor support. Total operating expenses were under $6,000 in 2023. As mentioned previously, The executive director of The organization has chosen to forego her salary to increase The funds available for distribution to survivors. The Anchor Fund's operations are conducted remotely, enabling The organization to avoid rental payments. At The Anchor Fund, total expenses typically represent less than 10% of donations. The organization is thrilled that 90% or more of our donation dollars go straight to help survivors.