Results 2011
Total income for 2011 amounted to 886.8 million EUR, a year-on-year decrease of 2.3 per cent.
Income generated in countries outside of Western Europe and Northern America has maintained at 95.7 million EUR (eleven per cent of global income)
SOS Children's Villages continued to expand its work with biological families, spending 90 million EUR in 2011 – a year-on-year increase of 53 million EUR
Income
SOS Children’s Villages has always relied on a large number of donations from individual donors all over the world. In 2011, individual donors contributed 56 per cent of the total income. Corporate donations amounted to 35 million EUR in 2011.
SOS Children's Villages frequently provides its family strengthening and childcare services within existing social care structures. These are coordinated by government departments or existing agencies and are provided by local, regional or national social care services. These services are funded through domestic governmental subsidies. This is a significant contributor to our annual income, representing 27 per cent of total income in 2011.
Eighteen SOS Promoting and Supporting Associations in Western Europe and Northern America raised 89 per cent (791 million EUR) of total financial revenue. While many of them operate domestic programmes in their respective countries, their fundraising efforts are vital to secure the expansion of our work internationally.
The top ten contributors to total income (€'000):
|
1 |
Germany |
374,000 |
|
2 |
Austria |
80,000 |
|
3 |
Norway |
63,000 |
|
4 |
France |
58,000 |
|
5 |
Spain |
37,000 |
|
6 |
Sweden |
29,000 |
|
7 |
Denmark |
26,000 |
|
8 |
Netherlands |
22,000 |
|
9 |
Italy |
16,000 |
|
10 |
Luxembourg |
16,000 |
Expenditure
Priorities - In 2011, SOS Children's Villages expanded its reach and now operates in 133 countries and territories. Expenditure amounted to 643.9 million EUR. Our priorities remain consistent. Our primary focus is on supporting family-based care and keeping children with their biological families in cases where there is a risk of family breakdown. Combined investment in these programmes amounted to 73 per cent of our total expenditure.
Transparency - Joint internal control by SOS Children’s Villages International and SOS Promoting and Supporting Associations ensures the transparency of the entire financial process. All member associations of SOS Children’s Villages are annually audited by local independent and recognised auditors. This is in accordance with the statute of the umbrella organisation, SOS Children’s Villages International, Innsbruck, Austria. As in previous years, Ernst & Young has given SOS Children's Villages International its unqualified auditor certificate in 2010 for the operations of the General Secretariat. The auditing process in 2011 is well underway, has already been accomplished in several countries and will be finalised by September 2012.
More specific financial details can be found in the International Annual Report 2011.