In 2019, the activity level of the IECD, excluding exceptional items, increased to €15 million, compared to €12.7 million in 2018.
In 2019, 55% of raised funds came from private donors, businesses and business foundations, endowments, associations and philanthropic foundations. Public funds came from, among others, l’Agence Française de Développement, from the European Union, from UNICEF etc.
Furthermore, individual donors support IECD as a whole or support particular projects.
A financial plan is drawn up for each project, over an average duration of three to five years. The necessary financial partnerships are developed accordingly, most often on the basis of co-financing combining private and public funding.
Since its creation in 1988, IECD holds itself to the highest standards and full transparency in the management of its financing and expenditure.
Monitoring, planning and internal performance tools have been put in place to ensure efficient management of resources. In parallel, IECD regularly undergoes technical and financial evaluations of its projects, as well as internal and external audits.
Every year an independent auditor certifies the accounts. IECD then presents them at the Annual General Meeting of its members and reports to the regulatory oversight authorities.
In 2019, they were certified by the firm HLP Audit, 3 chemin du Pressoir Chenaie – 44186 Nantes Cedex 4.