Transparency as a Public Good: Why SPDC Publishes Who Funds Us

Guest blogger Muhammad AsifIqbal from the Social Policy and Development Centre, a leading think tank in Pakistan that is highly transparent, explains why his organization posts detailed donor information online.

Being a civil society organization, the Social Policy and Development Centre (SPDC) considers its own financial transparency an obligation towards society as a whole and towards its stakeholders in particular.  SPDC is non-profit research think tank established in 1995 with the mission to contribute to national economic and social development policies and programmes in Pakistan to make them more accountable, pro-poor, engendered and equitable.

Under Pakistani law, financial statements must be provided to the corporate regulating authority, the Securities and Exchange Commission of Pakistan.Although any citizen can request this body to provide audit reports of public and non-profit companies, public awareness in this regard is generally lacking.

Almost four years ago, SPDC’s management committee (which comprises the managing director and senior research staff) decided that in order to manifest our commitment toward transparency, we should make our financial information public and place it on the website. The debate in the management committee revolved around the issues of public good and organizational integrity.

Since civil society organizations are meant to work for public good, citizens have the right to know about their work and financial sources. Unfortunately, development NGOs in Pakistan have a very limited (or almost non-existent) constituency of local donors such as indigenous philanthropy or government support; they have to rely on the international donor community. The attitude of government and media (and sometimes of the general public) towards these organizations is not always positive. Their integrity is frequently questioned on the grounds of transparency.

We at SPDC felt a need to improve the communication between civil society organisations and their stakeholders in order to deal effectively with the prevailing misconceptions. Making financial information easily accessible to the public is very important in this regard. Therefore, SPDC decided to upload its audited accounts on the website.

Later, after communicating with Transparify, we felt that the information provided on our website could be made more ‘reader friendly’ since the financial statements are in a format that can be difficult for some people to understand. Consequently, we also shared our annual reports (detailing activities) and a summary of donors’ grants on SPDC’s website. We are committed to maintaining and further improving the communication with our stakeholders and citizens.

Muhammad AsifIqbal is SPDC’s Principal Economist. The think tank’s funding page can be found here.