HIGHLIGHTS
FINANCIALS

Funding

Initiatives of Change is financed by a combination of individual contributions, its own activities, grants from corporations, foundations and governments, and income from invested funds, mostly received from bequests.

Its major conference centre, owned and managed by the Swiss foundation CAUX–Initiatives of Change, is funded in like manner and by the lease of the Caux facility to a hotel management school for 10 months of the year.  Asia Plateau centre in India is largely funded by training programmes and contributions of conference participants.

Full-time workers receive modest salaries or allowances and in-kind support. Part-time volunteers make significant contributions of their time and skills. Accounts of national societies are audited annually and are available on request.

Initiatives of Change International receives occasional grants for specific projects from governments and private foundations, and is supported by contributions from individuals and its 21-member national societies. Fresh funds would enable us to expand our capacity, to satisfy the growing demand for our trust-building work. Contributions are usually most tax-efficient through the national associations of IofC. Contributions and funding enquiries for international operations can be directed through the Treasurer:

For information about online payments click here

Executive Summary of 2007 finances

Audited accounts for 2007 are not yet available. The figures given below are pre-audit. When available, audited accounts for 2007 will be made available for download here.

To download audited accounts for 2006 click here

Initiatives of Change International provides the following services to its members:

  • website and communication services
  • handling the interaction of Initiatives of Change with international organizations, especially the UN
  • managing the finances of the International Council, and
  • facilitating the operations of those programmes which need to take place under international, rather than national, auspices.

Each of these appears in the expenditure summary below, along with the governance and running costs of IofC International itself.

Its income is drawn from four principal sources: membership fees, additional donations from members, other donations and grant funding for transnational programmes.

IofC International has a policy not to appeal for funds in ways which might compete with the fundraising efforts of its members.

 Expenditure summary.

 In CHFr (to nearest 100). Provisional, subject to audit (April ‘08).

  2006 2007
Work with international organizations 136,100 164,200
Communications and websites 32,000 110,600
International Council 56,700 55,800
Transnational programmes 212,800 532,500
Governance and running costs 6,900 30,100
Total 444,500 893,200
     
Income summary    
Membership fees 11,600 21,400
Donations from members 204,900 278,700
Other donations 53,700 14,100
Grants for transnational projects 227,500 553,100
Other income (2,900) 5,800
Total 494,800 873,100
     
Surplus of income
over expenditure		 50,300 (20,100)

Chris Evans,

Treasurer.