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.
After an exceptional year in 2020, marked by the global crisis generated by the COVID-19 pandemic, which did not allow IFGR to carry out all of its projects, the year 2021 allowed the association to resume its usual operations and to bring its international network together again. 2
In order to consolidate its activities and develop new projects, IFGR seeks additional public and private funds. In particular, in mid-2021 it set up the Future of Great Rivers Fund to better associate private economic actors with its associative project.
