Explanatory Notes for the Statement of income and expenditure 15. Fundraising income
Donations from private individuals amounted to € 1,280,687, 26% of the total fundraising income. The decrease in periodic gifts is due to the discontinuation of a substantial notary act. Donor advised funds came in lower in 2008. Two new named funds were initiated. (See under ‘Named Funds’) In 2008 two inheritances and one legacy were settled. The actual amount received was 109% of the budgeted amount. The sales of promotional materials decreased by more than 55%. Mama Cash is considering discontinuing the sales of promotional materials because of the inordinate administrative time required. Instead, Mama Cash may provide items as gifts during events. In the past, purchase of these materials was fully accounted for in the year of purchase. No purchases of new materials have taken place in 2008.
Table: Fundraising income Private individuals Individual donations Regular gifts Periodic gifts (notary act) Sales promotion materials Subtotal private individuals Donor advised and named funds Maria Willard Fund Diepeveen Fund Nan Lombaers/Els Huijser Fund Anneke van Baalen/De Bonte Was Fund Riek Stienstra Fund Economic Justice Fund Subtotal donor advised and named funds Inheritances/legacies
Mama Cash Annual Report 2008
Total Private individuals
78
2008 Actual 313,022 178,966 256,289 523
35,000 11,500 250,000 11,595 3,800 2,000
%
748,800
58%
2008 Budget
1,120,000
2007 Actual 360,464 175,526 433,877 1,165
29,000 11,500 250,000 70,000 0 0
971,032
313,895
25%
450,000
360,500
217,992
17%
200,000
1,000
1,280,687
100%
1,770,000
1,332,532
16. Income from joint actions
In collaboration with Hivos, the Riek Stienstra Fund was established. Here the contribution from Hivos toward the fund is reflected. (See also under named funds)