Finance & Governance

Transparency: our first priority

Our operations are funded by individual donors and companies. We do not accept funds from large institutions and governments. We are committed to our cause. That is why we never compromise.

For 1€ donated, we spend

  0,926: our programs

  0,046€fundraising

  0,012€: general support

0,016€: financing and capital costs

 


 

FINANCIAL REPORTS

In 2020, our donors' trust grew at an unprecedented pace, which allowed us to raise EUR 1,183,596.00, growing by an astounding 100% compared to 2019. 
92.5% of donations went to on-site programmes and activities. From just one in 2019, we launched four new projects in 2020, and still managed to use less than 5% of donations for fundraising and only 1% for operating costs. 


  1. ON-SITE PROJECTS = INSTITUTIONAL ACTIVITY COSTS, which include all necessary expenses for project implementation (buildings, utilities, personnel, materials, catering for students, staff  travels to the operational headquarters).
  2. PROMOTIONAL ACTIVITIES = ADVERTISING AND FUNDRAISING COSTS, which include expenses incurred for personnel as well as online and offline materials used for marketing and brand positioning.
  3. SUPPORT EXPENSES = GENERAL SUPPORT COSTS, which include operating costs such as computer systems, bank fees and many others (taxes, duties) to support the operations of the organization.

Download the 2020 financial report 
Download the 2020 impact report

Download the 2019 financial report
Download the 2018 financial report


DOCUMENTS & GOVERNANCE

A clear structure: what we need to ensure efficiency.
The operations of our organization are rooted in a solid structure of rules, codes and reporting. Whether it comes to administration or the protection of the children we serve, we always strive to create clear and functional policies and procedures.

Download the Still I Rise statute (IT)

Download our Child Safeguarding Policy

REGULATORY COMPLIANCE

In compliance with the obligation to publish the yearly remuneration assigned to the members of the Board of Directors and Supervisory Bodies, according to Legislative Decree 117/2017 art. 14, paragraph 2.