Our finances
IFGR has been listed as a non-profit association in the general interest subject to the law of 1901 since July 2017.
The annual accounts of the association are certified by Deloitte, auditors, approved by the Management Board and voted by the Ordinary General Assembly.
The association’s funds are wholly devoted to carrying out projects with constant care taken to optimising its resources to gain maximum impact.
Resources
The Association’s resources come from donations made by sponsor companies – including CNR, the main sponsor and founder – and a small amount from the subscriptions of its members (less than €5 k). The Association has not yet called for donations from private individuals, since it does not at present have the capacity to launch campaigns with an impact on the general public.
Distribution of expenses
A large share of the Association’s expenses is dedicated to the projects to the projects it organizes: annual sessions and other events, advocacy, tools to support actors in the territories, awareness-raising actions and international missions.
The other main expense is dedicated to external communication (website; newsletter; editorial partnerships; presence at major international events, etc.). Finally, the other expenses are for administrative and financial management (human resources, legal and tax assistance), and for managing the association and its projects.
THE FUTURE OF GREAT RIVERS FUND
To support projects with impact rooted in the territories, in 2021 IFGR set up the Future of Great Rivers Fund.
The aim of IFGR is to redistribute these funds collected from private sponsors to the promoters of projects.
This endowment fund allows private actors to involve themselves concretely in the sustainability of rivers and territories, and thereby play an active role in transition.
The positive reasons for companies to make commitments:
- Support projects with impacts,
- Enrich their CSR strategies,
- Make their employees and stakeholders aware and get them to act
- Benefit from an advantageous tax reduction.
They are partners of the Future Fund
Vicat is a leading industrial group in the sector of mineral and bio-sourced building materials. Committed to a zero-carbon strategy for its value chain from now to 2050, regarding both the circular economy and preserving biodiversity at its production sites, this family company (listed on the stock exchange) now carries out 3 main trades: cement, ready-to-use concrete, and aggregates, as well as activities in synergy with these basic activities.
Its commitment to preserving the environment is expressed by covering 74% of the surfaces of sites with rewilding. Nearly 80% of total water needs for washing aggregates comes from recycling systems installed in its quarries.