Holt International Annual Report 2006

Page 1

Siding with ‘the Least of These’ Hanging by her foster mom’s side, Mei’s slightly embarrassed grin and sparkling dark eyes spoke of the secure place of acceptance and belonging she now occupied. Nestled under the foster mother’s arm, Mei’s disability presented no barrier to the closeness shared by this mom and daughter. Had Mei remained in the orphanage, this scene would have looked very differently. I have seen hundreds of Mei’s in orphanages. Even in the best of institutions, their eyes seem to be always searching. And when they smile, something is missing. But for Mei—now in the care of a foster family—her world had been transformed.

South Korea

Oftentimes Holt’s first order of work is to get children out of institutions and into a family environment—sometimes for survival sake— and always to help children achieve their potential in life.

Vietnam

Cambodia

Guatemala

To the Front of the Line As I spoke with foster parents at the “Love of the Heart” group home in Nanchang, China, I watched a toddler hovering over bountiful bowls of fruits, nuts and candies—perhaps more with the idea of their use as playthings than for consumption. The tableau stood in vivid contrast to many situations I have witnessed—scenes where children who had lost their parents were last in line to receive basic needs. As I watched the little boy, I felt the presence of Jesus, and in my spirit I felt His admonition for us to side with “the least of these.”* One of the most satisfying parts of my life is working with a committed group of people worldwide who endeavor to move the least of these to the front of the line. At Holt, we do this by uniting children with families, enabling them to enjoy the manifold blessings that come from being someone’s son or daughter.

China

Tears welled up in one foster mom’s eyes as she pointed to the photograph behind her of a girl she had fostered. The girl recently left, adopted by a family in America. Yes, these were tears of pain because she and her husband loved and missed the girl so much. But they were also tears of hope for this child, tears that we all share in the profound joy of knowing we have made a difference in a child’s life.

Philippines

Ukraine

A Shared Vision Holt International connects people who share a vision for homeless children, a vision first expressed by our founder Harry Holt some 50 years ago: “Every child deserves a home….”

2006 Annual Report

The foster mom I met in China reminds me of Harry Holt. Like him, she is bringing children out of the shadows and into the open, ensuring that their basic needs are met. Her caring extends to children whose special needs may hinder their adoption. But because of her devotion, they are escaping the dehumanizing specter of institutionalization. This nurturing provided by the foster mom and others like her also offers a great start for children who will be adopted. Foster parents’ faithful, nurturing hands help these children take their first steps toward life in a permanent family. Such dedicated care characterizes the values that define Holt International’s work to this very day, every day.

Haiti

India

Kazakhstan

Holt International

As you look over our annual report summary, please realize that for thousands of children Holt helped in 2006 through adoption and other efforts to unite children with families, devoted people like our foster mom in China and compassionate people like you enabled this to happen.

is dedicated

to carrying out God’s plan for

The needs of children have brought together a world of people who have taken hold of Holt’s mission to help homeless children, and for this I am truly grateful.

every child

to have a

permanent,

loving family.

Gary N. Gamer President and CEO * from Matthew 25:45

Thailand

North Korea

Uganda

Mongolia


The efforts and contributions of thousands of people—childcare workers, foster parents, donors, adoptive parents and staff around the world—could easily fill several large volumes. These efforts deserve to be recognized. And perhaps they are… written in the lives of children.

Romania Holt’s partner agencies, the Holt Romania Foundation (HRF) and Close To You (CTY), served significantly more children in 2006. CTY served 305 HIV/AIDSaffected children. HRF served 1,681 children and prevented 890 children from being institutionalized through family preservation services.

The following highlights include just the tip of the iceberg of Holt efforts. These examples typically represent new projects or services. But the bulwarks of Holt’s services are those that continue year in and out. These efforts unite children who need parents with attentive, permanent families of their own. And that’s a world away from where they were. It represents a lifetime that has been altered… completely. A child given hope and love.

Thailand Holt’s partner agency, The Holt Sahathai Foundation, continues its threeyear commitment to help children and families affected by the tsunami of December 2004.

Highlights of Holt’s Recent Work Cambodia In 2006 Holt began two projects near Phnom Penh. One improves the health, nutrition and family preservation services for children at a childcare center. Another effort provides support and care for orphans and vulnerable children impacted by HIV/AIDS. China During 2006 Holt increased its outreach to children with an emphasis on children with special needs and children affected by HIV/AIDS. During the year Holt matched 119 waiting children from China with adoptive families in the United States, an increase of 33 children over 2005. Holt’s HIV/AIDS family preservation project in Yuncheng prompted the China Ministry of Civil Affairs to propose a similar project in Yunnan Province. Holt is expanding its China program, bringing services to children in orphanages in new areas of the country. Haiti Holt completed its first international adoptions from Haiti in 2006, paving the way for many other children in the future. The Holt Fontana Village program was approved for a three-year grant from Rotary International to expand family preservation services in the area surrounding the childcare center.

Uganda Holt’s partner, Action For Children, continues to develop its outreach to children who have lost parents to AIDS. AFC helps these children into stable, supportive family units where their needs are met, and they can attend school. This work recently expanded to help displaced children in the northern region of Uganda. Ukraine Despite political instability in Ukraine, Holt served nearly 6,000 children and over 4,300 families, with funding from USAID. Holt worked with many Ukraine agencies to help families in crisis and to develop foster care and other alternatives to institutional care. Vietnam Holt was able to resume intercountry adoption in Vietnam in 2006. Holt also laid the groundwork to expand services into two new provinces. Waiting Child Program Holt continues its strong advocacy of children who have special healthcare needs, older children and children in sibling groups. During 2006 Holt matched 192 waiting children with prospective adoptive families, an increase of over 36 percent. Looking Forward Conference Holt culminated its 50th year of serving orphaned, abandoned and vulnerable children with an international conference that gathered child welfare leaders from around the world. Discussions involved solutions for children in need of families from a wide range of disciplines and sources including legal, medical, governmental and private organizations and adoptees.

North Korea Holt continues to provide life-saving, nutritious food to vulnerable children in orphanages. Mongolia Holt is expanding services for children in an additional orphanage in Ulaanbaatar. Holt is also providing needed supplies such as nutritious food, vitamins, school supplies and clothing. Philippines The Kaisahang Buhay Foundation (KBF), Holt’s partner agency headquartered in Manila opened a new foster care project in cooperation with a government orphanage in Legaspe. KBF and Holt also initiated an effort to help older children in orphanages to be adopted. Many children are remaining in institutions until they are 5–7 years old, an unnecessary stay that decreases the children’s chances for adoption. KBF offered to help child caring organizations to manage their efforts to have children declared legally free for adoption at a younger age, but participation has been disappointing.

6000

50000

5000

40000

4000 30000

3000 20000

2000 1000 0

Total Permanent Placements

10000 0

2006

2005

35%

Assets Cash and cash equivalents Receivables USAID grant receivable Prepaid expenses and supplies Prepaid support - Holt Children’s Services, Korea Investments Land, building, and equipment, net of accumulated depreciation

Total assets

$ 2,506,856 1,246,187 59,631 313,497 939,525 5,437,109 1,456,094

$ 11,958,899

$ 1,482,793 846,915 39,173 501,919 840,610 4,746,494 1,558,546

$ 10,016,450

Liabilities Accounts payable and accrued expenses International Program support payable Deferred adoption fee revenue Deferred transportation fees Deferred revenue - other Deferred compensation Annuity obligation

Unrestricted net assets: US International Undesignated net assets Board designated endowment OS Domestic Temporarily restricted net assets Remain Permanently restricted net assets

$

630,244 566,113 3,226,822 163,955 18,200 105,069 93,224 4,803,627

$

532,452 246,047 3,109,076 130,555 19,000 107,893 99,791

(x 1,000)

Adoption Fees—$11,937 (57%) Public Support—$7,193 (35%) Other Income—$1,727 (8%) Total Revenue—$20,857

Total liabilities and net assets 2007

2006

2006

2005

2005

2004

2004

2003

2003

2002

2002

2001

2001

9%

10% 46%

35%

2006 Expenses (x 1,000) 3,321,508 1,335,832 754,494 1,743,438

2,273,840 1,063,078 711,236 1,723,482

7,155,272

5,771,636

$ 11,958,899

$ 10,016,450

2006 2005 Adopt Fees Temporarily Permanently Unrestricted Restricted Restricted Total Total

Revenues and other support

Public support: Contributions Grants received: USAID grant, Ukraine Other Revenues: Adoption fees Transportation fees Investment, principally interest Tour charges Adoptee services Other Contracts Publication sales, net of expenses of $43,192 in 2006 and $32,403 in 2005 Int programs Conference and Other revenue Gains: Adoption Gain (Loss) on sale of assets Net Fundraising unrealized/realized gain (loss) on investments Net assets released from restrictions Mgmt Gen Total revenues and other support

$ 1,408,644

$ 4,139,040

$

1,088,245 16,250

- 520,690

11,936,970 381,630 172,949 406,730 83,046 56,054

17,483 -

2,037 101,098

- -

19,956

$ 5,567,640

$ 4,382,113

1,088,245 536,940

540,105 522,509

11,936,970 381,630 190,432 406,730 83,046 56,054

12,607,724 400,860 158,096 400,249 99,974 130,736

- -

2,037 101,098

11,327 24,452

- - -

1,576 396,446 107,811 - 4,741,766 (4,741,766) - 20,793,441

43,258

19,956

1,576 504,257 -

(6,027) 180,035 -

20,856,655

19,452,153

Expenses

4,244,814

Return

Total net assets

2007

2000 Children Served Total

2006 Revenue

57%

Liabilities and Net Assets

Net assets US Domestic 47.6%

For theContributions Year Ended December 31, 2006 (with comparative totals for 2005)

8%

Other International

9.1% Return to Birth Family—400 (9.1%) 1.6% 10.7% Remain with Birth Family—2,093 (47.6%) Overseas Domestic Placements—685 (15.6%) 15.4% U.S. International Placements—679 (15.4%) U.S. Domestic Placements—70 (1.6%) 15.6% Other International Placements—469 (10.7%) 2006 Total Permanent Placements—4396

2000 2001 2002 2003 2004 2005 2006

South Korea Holt Children’s Services of Korea continues to develop an expanding range of services that strengthen at-risk families as well as providing model programs of foster care and opportunities for special needs children.

Permanent Placements Distribution

2000 2001 2002 2003 2004 2005 2006

Kazakhstan Holt is working with several programs that care for relinquished HIVpositive children. Most of these children have been transferred from maternity hospitals in Almaty. In addition to services, Holt provides medicine, food and children’s clothing. Holt is also developing a foster care program for orphanage children, and recently began international adoptions.

Other

December 31, 2006 (with comparative totals for 2005)

Total liabilities

India Holt’s partner agencies in Pune and Bangalore significantly increased foster care, providing family-like care for a much larger portion of the orphaned and abandoned children in their programs.

Statement of Activities

Statement of Financial Position

International Programs—$8,925 ( 46%) Adoptive Family Services—$6,853 (35%) Fundraising—$1,978 (10%) Management and General—$1,717 (9%) Total Expenses—$19,473 A comprehensive audited financial statement is available at: www.holtinternational.org/ annualreport or by calling 541.687.2202

Program services: U.S. Program International Program International Program support: Holt Children’s Services - Korea Other Total program services Supporting services: Management and general Fundraising Total supporting services Total Expenses

Change in net assets Net assets, beginning of year Net assets, end of year

2000

Romania

China

6,852,666 1,422,608

- -

- -

6,852,666 1,422,608

7,106,368 1,302,865

2,720,703 4,782,143 15,778,120

- - -

- - -

2,720,703 4,782,143 15,778,120

2,703,332 4,560,360 15,672,925

1,717,091 1,977,808 3,694,899

- - -

- - -

1,717,091 1,977,808 3,694,899

1,677,069 1,582,595 3,259,664

19,473,019

18,932,589

19,473,019 1,320,422 3,336,918

43,258 711,236

19,956 1,723,482

1,383,636 5,771,636

519,564 5,252,072

$ 4,657,340

$ 754,494

$ 1,743,438

$ 7,155,272

$ 5,771,636


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