
1 minute read
Financial Reporting
After a period of transition in 2021, we hit the ground running in 2022 and had an excellent financial year. The most notable achievement was a 30% expansion in direct spending on activities with only a marginal increase in operational spending. Activity spending increased across the board, but in particular for our Decolonising the Digital Rights Field and Digital Rights for All activities. This resulted in total operational spending of EUR 1.77 million (2021: EUR 1.36 million).
Grantmaking
Advertisement
The grantmaking budget of EUR 700,000 was fully committed to 19 projects. The proportion of organisational spending on grantmaking before financial gains totaled 36%, within the target range of 35-50% (2021: 38%).
Community Strengthening and Support (CSS)