Empowering Communities Since 2018 — info@syniafoundation.org

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For institutional funders and due diligence

Accountability

Everything an institutional funder, a regulator or a careful donor needs in order to assess us: governance, policies and published documents.

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Stewardship

Financial stewardship

Every naira entrusted to the Foundation belongs to the people we serve. Our approach rests on three commitments: control before scale, restriction honoured, and transparency by default.

The controls we operate
ControlHow it works
Budget approvalProgramme budgets are approved by the Board before expenditure is committed.
Payment authorisationDefined authorisation thresholds, with separation between the person requesting a payment and the person approving it.
Documented procurementWritten quotations above threshold, and separation between specifying goods and purchasing them.
Staged disbursementGrants to participants are released against milestones, not as lump sums, and no one both selects a participant and releases their funds.
Signed recordsDistribution lists, receipts and delivery records retained for every item issued.
Monthly reviewManagement accounts reviewed monthly against budget.
Restricted funds

Where a donor gives for a specific purpose, that restriction is honoured absolutely. The Synia Scholars Fund will operate as a ring-fenced fund with its own agreement, published selection criteria, separate accounting and an annual statement to its donors. We will not promote it externally until that architecture exists.

Risk

Managing risk

The Board maintains a live risk register. We publish it because an organisation that cannot name its own risks is unlikely to be managing them. Open any risk to read the detail.

Safeguarding

Exposure. We work with children and vulnerable adults. A failure here would be both an ethical and an existential reputational failure.

Mitigation. Policy adoption as a precondition of delivery; vetting; two-adult rule; consent discipline; reporting route; partner obligations

Security & access

Exposure. Insecurity can restrict access to communities and endanger staff and participants.

Mitigation. Community-rooted delivery; local partners; movement decisions made locally; no activity where staff or participants would be placed at risk

Funding concentration

Exposure. The wider funding environment has contracted sharply, and over-reliance on any single source would be fragile.

Mitigation. Diversification across individual, diaspora, corporate, institutional and partnership income; growth of recurring giving

Over-extension

Exposure. Committing to more programmes than we can deliver would damage credibility and dilute quality.

Mitigation. Phased portfolio; only programmes with a written model launch; honest reporting

Evidence deficit

Exposure. Without outcome data we cannot prove impact or compete for institutional funding.

Mitigation. Baselines mandatory; monitoring framework; external evaluation planned

Key-person dependency

Exposure. Concentration of relationships, knowledge and profile in the founder.

Mitigation. Independent Trustees; documented programme models; delegated programme ownership; leadership development

Tenure & investment

Exposure. Improving shelter a household is later evicted from converts a grant into a loss.

Mitigation. Right to remain verified before shelter works; Protection paired with Shelter; written site permissions

Financial control

Exposure. Weak controls in a growing organisation create exposure to error and to fraud.

Mitigation. Separation of duties; staged disbursement; documented procurement; Finance & Audit sub-committee; audit

Roadmap

Strategic priorities to 2029

Our strategy is deliberately sequenced: institutional foundations first, three flagship programmes second, and expansion third, because a portfolio that outruns its systems eventually fails the people it was built for.

  1. Phase 1

    to mid-2027

    What happens in this phase
    • Adopt the Safeguarding Policy and code of conduct.
    • Launch three flagships, Train a Child, Enterprise Development, Safe Shelter, each with a written model.
    • Establish the Synia Scholars Fund architecture.
    • Introduce the monitoring framework.
    • Recruit independent Trustees and a finance lead.

    Test of completion. All three flagships have a model, a unit cost, an indicator set and one completed delivery cycle with data

  2. Phase 2

    2027–2028

    What happens in this phase
    • Launch Protection & Rights, Savings & Financial Inclusion, WASH, and Emergency Response & Household Recovery.
    • Formalise the Community Wellbeing platform.
    • Publish annual report and accounts.
    • Register as a UN implementing partner and join relevant clusters.

    Test of completion. Two years of audited accounts; one institutional grant delivered and reported on time; monitoring producing outcome data

  3. Phase 3

    2028–2029

    What happens in this phase
    • Launch Youth Skills & Employability, Durable Solutions & Resettlement Support, and Women's Economic Empowerment at scale.
    • Formalise the NCFRMI partnership.
    • Commission an external evaluation.
    • Build the country and regional model layer.

    Test of completion. Published cost per beneficiary for each flagship; one external evaluation completed; formal federal or state partnership in place

Questions? Contact us