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%.

HOW MUCH FUNDING
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.