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.
2021 marked a reduction compared to 2020 in both income and expenditures of about 22%. This decrease is mainly due to the extraordinary income for emergencies that occurred in 2020 and which led the financial values of 2020 to deviate significantly from the medium-term growth rates 2017 – 2021, which is of 20%.
Source of Funding 2021

HOW MUCH FUNDING
GOES TO PROGRAMS
GOES TO PROGRAMS
For each euro raised, 82% is allocated to cover direct costs for programs and projects in the countries. 18% covers core support costs, which include organizational and administrative costs not directly attributable to projects, such as program management, monitoring and evaluation, capacity building and governance for programs, fundraising and communication.

ANNUAL REPORT
2021 IN NUMBERS
In 2021 GSIF supported 107 new projects in 31 countries, serving 83,958 people, 36% more than in 2020.
More women (+ 55%) were assisted by GSIF-supported Good Shepherd programs to access job (+ 90%) and involved in income-generating activities (+ 49%) to improve their socio-economic condition.

- Annual Report
- Financial Statement
- Audit Report