Add Hope publishes annual reports, and in 2024 it conducted its first impact assessment. Beneficiaries report quarterly on finances and programme impact, with oversight by the KFC Social Responsibility Trust and independent auditors. Donations are tracked through daily finance reports, with APIs linking operational systems to monitoring tools. Strong reconciliation and auditing processes ensure transparency, while disbursements follow strict invoicing and approval procedures.
In 2024, the first Add Hope impact assessment was conducted. Reports are available on KFC’s Purpose page.
Beneficiary partners generate tax invoices outlining the period of payment, the amount, and up-to-date banking information. Invoices are submitted to the KFC head of corporate affairs and the social purpose lead for oversight and approval.
The data is consolidated in daily finance reports.
Add Hope does not have a real-time view of donations. Finance reports are updated daily at about 1pm, showing sales data up to the day before.
A month-end report identifies invoices that need to be accrued for and invoices that need to be amortised. This schedule is updated at the end of every month before final journals are passed in the system.
In addition, the trust operations manager and administrator keep the consolidated list of beneficiary organisations up to date.
The social impact team keeps a proper set of accounts in respect of its transactions. They are audited annually by an independent auditor appointed by the business and adopted by the trustees.