Financial Report – 2024

In 2024, the Foundation invested the substantial amount of 74,198 euros in the field of healthcare. This included the annual support for the two partner hospitals as well as the water supply for several dispensaries in the region. We also funded the “community medicine” training organized by AMCES, along with a smaller family planning project.

As part of the nutrition program with Louvain Cooperation focused on non-communicable diseases such as hypertension and diabetes, we paid the annual contribution of 15,000 euros for this DGD program.

We also continued the holistic program against malnutrition among children aged 0 to 5 years, focusing on detection, intensive prevention, and treatment of malnourished children.

The Foundation’s agriculture program is running at full speed — on one hand within the framework of the DGD program with Eclosio (75,508 euros), and on the other hand through the completion of community vegetable gardens (29,459 euros) and a poultry project (8,153 euros). All of this emphasizes family entrepreneurship.

Thanks to the support of Rotary, six water wells were installed in elementary schools to provide drinking water for students and for the surrounding villages. The total budget was $82,000, of which 44,399 euros was spent in 2024. In parallel, a major hygiene awareness campaign was launched in schools, which were also equipped with vegetable gardens.

The final infrastructure works at the ARIZIKI incubation center were completed in 2024. Small local start-ups are now receiving tailored support, and the number of group training sessions is increasing. Including the operating and staffing costs of the incubator, a total of 35,632 euros was spent.

At the ARIZIKI site, the two innovative projects are now fully operational:

• Dairy goats for cheese production, with an additional investment of 5,553 euros;
• The aquaponics project for the cultivation of vegetables and fish, with 11,054 euros.

The expenses in Benin, including depreciation, office maintenance, and staff costs for our local team, amounted to 65,609 euros.

The cost of shipping a container of medical equipment was 7,217 euros.

The administrative costs in Belgium, amounting to 9,789 euros or 2.3% of the total, are in line with expectations.

The Foundation remains financially strong and is fully capable of meeting its commitments.