
About
Accountability
What we raised, what we spent it on, who is answerable for it, and how to check every word of that.
Registered with the CAC
A body of incorporated trustees under the Companies and Allied Matters Act.
- Registration number
- CAC/IT/NO 139886
- Date of incorporation
- 28 November 2019
- Registered name
- Assoutudeen Prophetic Medicine Foundation
- Filed as
- Form CAC/IT/1 — Incorporated Trustees
- Registered office
- No. 25, Agbonran Junction, Olowobida Agip Area, Ede, Osun State
- Registrar
- Corporate Affairs Commission, Abuja
Any of this can be checked against the Corporate Affairs Commission's public register. We do not post the certificate itself, because the filed copy carries the trustees' personal phone numbers and signatures — ask and we will show you a redacted copy.
Board of trustees
The three trustees named on the certificate of incorporation.
- Wasiu Tirimisiy AdeniyiChairman
- Akande Olanrewaju SubairSecretary
- Taiwo Ridwan AdemolaTrustee
The constitution also provides for the offices of president / chairman, general secretary, assistant secretary, financial secretary, treasurer, social / welfare, publicity secretary, auditor, filled by the general meeting. Write to us for the current office-holders.
7 years, verified
₦21,635,439.29
Raised and accounted for between 2019 and 2025. The year figures below add up to this total exactly — they are meant to, and a test checks it on every build.
2019
₦560,918.28
on record
2020
₦1,640,755.03
on record
2021
₦2,176,400.98
on record
2022
₦2,612,845.00
on record
2023
₦5,323,500.00
reported by category
2024
₦3,838,500.00
reported by category
2025
₦5,482,520.00
reported by category
The rules we signed up to
What the constitution binds us to
These are not promises made on a website. They are the terms the trustees signed and the Commission registered in 2019.
Income applied only to the objects
All income and property is applied solely towards the objects above. No part of it may be paid or transferred to members as dividend, bonus or profit.
Trustees are not salaried by virtue of office
No member of the Governing Council may be appointed to a salaried office of the Association, and no benefit may be given to them beyond repayment of out-of-pocket expenses and reasonable fees for services actually rendered.
Accounts audited every year
Independent, licensed auditors are appointed by the general meeting to audit the financial records annually. The audited statements are annexed to the annual returns filed with the Corporate Affairs Commission.
On dissolution, nothing returns to members
If the foundation were ever wound up, no property may be distributed among members. Whatever remains passes to another body with similar objects, or to some other charitable object.
Annual reports
Every year the foundation has operated is on record here, and the figures below add up to the published total exactly. The reports from 2023 onward are written up by category; the earlier years are published as the verified totals they are.
- 2019 — ₦560,918.28.
- 2020 — ₦1,640,755.03.
- 2021 — ₦2,176,400.98.
- 2022 — ₦2,612,845.00.
- 2023 — ₦5,323,500.00.
- 2024 — ₦3,838,500.00.
- 2025 — ₦5,482,520.00, of which ₦410,820.00 was operational and ₦275,000.00 went on equipment.
Independent auditors are appointed by the general meeting each year, and the audited statements are annexed to the annual returns filed with the Corporate Affairs Commission — a filing anyone may verify against the public register.
How donations are spent
Money given for a specific purpose is spent on that purpose. Where we can, we pay a hospital or a supplier directly rather than handing over cash. What is left after a case closes is recorded as surplus and used for smaller assistances, each one listed in the annual report.
Zakat is a separate fund. It is held apart from general donations, spent only on recipients eligible under the eight Qur'anic categories, and never used for running costs. Eligibility is checked case by case in the same way every other request is: we speak to the applicant, ask for evidence of the need, and confirm it with someone who knows them.
We publish our overheads rather than burying them. In 2025 the foundation spent ₦410,820.00 on operations and ₦275,000.00 on equipment. We would rather you saw those figures than wondered about them.
Giving from Nigeria
- Account name
- Assoutudeen Prophetic Medicine Foundation
- Account number
- 0010939336
- Bank
- Jaiz Bank
Naira transfers from any Nigerian bank or app.
Giving from abroad
- Account name
- Assoutudeen Prophetic Medicine Foundation
- Account number
- 0011579597
- Bank
- Jaiz Bank
- SWIFT code
- JAIZNGLAXXX
For international transfers. Your bank will ask for the SWIFT code.
Questions about money
Financial questions should reach a named person, not a general inbox.
Under the constitution the Financial Secretary and the Treasurer report the accounts to the general meeting, together with the auditor's report.
Write to [email protected] marked for the Financial Secretary, and it reaches them.
Phone: 0816 188 2470