FINANCIAL REPORt JANUARY - DECEMBER 2021
Monetary commitments
per grant type
Variance Budget versus Actuals
% spent (budget depletion)
Operational budget 2021
Expenses 2021
Totals 2017-2021
Revised budget 2016-2022
%-spent
2016 + 2020 2021
A. Management and administration
Empowerment Accelerator
€ 880,786
€ 880,786
39%
Context, gender and actor analyses
€ 25,000
€ -25,000
0%
Empowerment
€ 4,934,920
€ 452,634
€ 5,387,554
€ 9,915,000
54%
Planning, monitoring, evaluation and reporting
€ 1,139,432
€ 963,952
€ -175,480
85%
Influencing
€ 13,442,765
€ 8,530,348
€ 21,973,114
€ 26,350,000
83%
Administration (including of the subsidy facility)
€ 1,120,583
€ 1,017,904
€ -102,679
91%
Innovate and learn
€ 11,995,393
€ 4,693,993
€ 16,689,386
€ 21,032,500
79%
Advisory board
0%
€ 21,000
€ -21,000
Sudden Opportunity
€ 3,080,211
€ 388,891
€ 3,469,101
€ 3,550,000
98%
B. Linking and Learning process Linking and Learning process and activities € 1,428,086
Grand Total € 33,453,289 € 14,946,652 € 48,399,941
€ 60,847,500
80%
€ 935,910
€ -492,176
66%
C. Communication and Promotion of the fund Outreach, publications, website and translation € 175,000 € 38,732
€ -136,268
22%
Sub-total Management and Administration, Communication and Promotion of the Fund
€ 2,481,015
€ 2,020,588
€ -460,427
81%
Integrity
Sub-total Linking and Learning process
€ 1,428,086
€ 935,910
€ -492,176
66%
Totals per year
Voice is committed to providing safe spaces filled with integrity and respect for ALL people as well as for financial resources. The consortium partners, Oxfam and Hivos - which make up the Voice implementation consortium, maintain a zero-tolerance policy to both fraud and safeguarding. The organisational processes are invoked pending on the country where a poten- tial integrity issue takes place. At the request of the Ministry, we have developed a webpage sharing our whistle-blower policy and explaining what happens when an issue is reported. This is obviously in addition to all the information that is available on the websites of Hivos and Oxfam. As Voice, we also have a reporting obligation to the Ministry directly. Considering our size, complexity and the (reasonable) risks Voice takes in its grant-making approach to
€ 3,909,101
€ 2,956,498
€ -952,603
76%
VAT / 21% budget / expenses also 0%
€ 820,911
€ 197,068
€ -623,843
24%
Key project officers from the Association for Mutual Assistance in Laos discussing their workplan for the Gender Equality for Women Employment project.
Total overall
4,730,013 3,153,567
-1,576,446 67%
serve the groups we stand for, it is inevitable that issues occur. Also here, we take a learning approach and as much as possible, resulting in a strengthened due diligence, grant management, and monitoring processes. This same learning approach we also en- courage among our partners, even encouraging them to be open about it without compromising personal safety and confidentiality There are currently a total of 7 (open) integrity cases being dealt with by Voice. Of these, 5 cases have been pending closure from past years and 2 are new cases identified in 2021.
Notes: Small discrepancies in overview are caused by rounding differences. In early 2019 a 0% VAT rate was approved for all costs outside of the Netherlands. This means that more funds are available for Voice.
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