FUNDRAISING
Fundraising efforts in 2024 showed significant progress, reflecting a strong commitment to resource mobilisation, donor engagement, and diversification of funding sources. The organisation successfully deepened existing partnerships while exploring new opportunities across local and international donor landscapes. With lessons learned and strategic plans in place, the organisation is well-positioned to sustain and expand its impact through diversified funding streams.
ANBI STATUS AND CBF QUALITY MARK
The Stichting was granted the status of non-profit organisation by the Dutch tax department on January 1, 2008, which means that as long as we work in accordance with our objectives, donations made to us are tax-exempt. From September 2021 the Foundation has been certified to comply with CBF Standards.
GUIDELINE RJ650 FOR ANNUAL REPORTING
The financial statements have been prepared in accordance with Dutch Accounting Standard for Fundraising Institutions (RJ 650, Fondsenwervende organisaties) published by the Dutch Accounting Standards Board. This guideline requires that costs be allocated not only to the costs of direct fundraising and the achievement of the organisation's goals but also to generating income, and management & administration. The principles adopted for the valuation of assets and liabilities and the determination of the result are based on the historical cost convention.
MAXIMUM REMUNERATION ON THE STANDARDISATION OF TOP INCOMES (‘WNT’)
The aim of the Dutch law WNT is to prevent excessively high salaries in institutions within the public and semi-public sector. This Act limits the salaries of executives in public and semi-public positions to the same level as ministers’ salaries. That level will be revised every year. The maximum remuneration of the WNT has been increased to EUR 214,000 gross for 2024.
Young Africa International falls below the set thresholds.
For the detailed audited finance report 2024 and the independent auditor's statement, please follow this link.
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