Financial Report – 2023

Growth and Stability

Revenue

2023 was a successful year for our Foundation, with total donations and grants amounting to €340,158. This marks a slight increase from last year and strongly indicates the trust our donors and partners place in our work.

Expenditures

Our financial efforts were well-distributed across our various areas of focus. One-third of our investments went toward combating malnutrition, a core priority within our mission. Additionally, each of the areas of Health, Agriculture, and Entrepreneurship received roughly one-fifth of the total investments. Operating costs for our 21-member team in Benin amounted to just over €58,000. In Belgium, our administrative costs were low, amounting to a one-time rate of 4.3% of our expenditures.

Result

We close the year with a positive financial result, which we have added to our reserves. This provides a solid foundation to ensure the continuity of our activities. Thanks to this healthy financial position, we can confidently continue our mission and keep building toward a better future.