Page 22 - REPORT ON ACTIVITIES 2017

20
The economic results of the year 2017 are part of the Strategic Action Plan approved by the Board for the period 2017-2020.
Incoming resources
In 2017, the resources obtained (subsidies from public and private institutions, and donations from individuals and companies) amount to € 6,129,152.73, which is 6.40% less than the previous year, due to the decrease the allocation of grants, donations and legacies of capital and private entities transferred to the result of the year.
Evolution of resources obtained 2014-2017
2014 2015 2016 2017
in
Regarding the origin of funds, 57.71% correspond to private resources and 42.29% to public resources.
Origin of funds
Resource allocation by areas
of activities
In application of what is established
in article 32 of the Fundamentals
of Competition Regulation of the
State, the Foundation has agreed to allocate resources in the year in the form of expenses and investments directly associated with the activities carried out in compliance with the purposes amounting to € 6,002,229.14, equivalent to 100% of the revenue base or accounting result corrected in the regulatory adjustments.
Considering the allocation of resources by activity, it can be concluded that cooperation for development, with
the Middle East as a priority region of action, continues to be the main area for the Foundation, followed by cultural and educational activity, carried out in Europe, and humanitarian aid, which takes place in Jordan, Lebanon, Syria and Iraq.
Likewise, activities related to youth, especially women, and their integral formation are diversified in different areas and gradually acquire greater prominence and, consequently, greater allocation of resources by the Foundation.
FINANCIAL STATEMENT
Private resources 57.71%
Public resources
42.29%
€ 7,539,558.13
Lines of activity
Cooperation for development
Humanitarian aid. Education for global citizenship
and awareness
Cultural and educational activity
44.58%
14.69%
23.52%
0.46%
€ 6,065,383.32
€ 6,548,351.01
€ 6,129,152.73
On the other hand, donations from individuals and companies have increased by 10.62%, thanks to the loyalty of the donor base and fundraising campaigns throughout the year.
Volunteering Socio-cultural
Youth 0.36%
activities 3.43%
Others
12.96%