GOVERNANCE
FINANCIAL
SOURCES OF FUNDING
GSIF’s financial resources exclusively come from fundraising activities and donations from national and international private foundations and agencies, the Congregational Units and Central Fund, individuals, government agencies and companies.
The year 2022 marked a growth compared to 2021 in both income (11%) and expenditure (9%). The 5-year average growth is 20% for income and 18% for expenditure.
The year 2022 marked a growth compared to 2021 in both income (11%) and expenditure (9%). The 5-year average growth is 20% for income and 18% for expenditure.
Source of Funding 2022
HOW MUCH FUNDING
GOES TO PROGRAMS
GOES TO PROGRAMS
For every euro raised, 82% goes directly to the implementation of program and project activities in the different countries. 18% is used to cover organizational and administrative costs for programs’ management, monitoring and evaluation, capacity building of implementing partners, fundraising and communication. These support activities enable the organization and its partners to continue and to expand the programs, improving their effectiveness and impact.
For every euro raised, 82% goes directly to the implementation of program and project activities in the different countries. 18% is used to cover organizational and administrative costs for programs’ management, monitoring and evaluation, capacity building of implementing partners, fundraising and communication. These support activities enable the organization and its partners to continue and to expand the programs, improving their effectiveness and impact.
ANNUAL REPORT
2022 IN NUMBERS
In 2022 GSIF supported 169 new projects in 33 countries, serving 108,295 people, 29% more than in 2021.
DOCUMENTS
- Annual Report
- Financial Statement
- Audit Report
