Income from individuals and companies

Total income from individuals in 2017 was €8.8 million, up €0.1 million compared with the previous year. The income realization was 9 per cent, or €0.8 million, below the budget for 2017, which we now regard as too ambitious.

Income from governments

Income from governments in 2017 was €13.0 million.

Income from lotteries

Income from the National Postcode Lottery increased by a staggering €2.9 million in 2017 compared to the previous year, which is related to long-term grants that were awarded to our Can’t Wait to Learn and TeamUp programmes.

Income from other organisations

Income from other organisations more than doubled year-on-year. In 2017, our single largest donor is the IKEA Foundation, which generously continues to contribute to our programmes for multiple years in multiple countries.

Developments in Expenses

Total expenses in 2017 were €38.2 million, which is deliberately higher than total income, resulting in a deficit of €2.1 million for the year.

The Future

In 2018 - as throughout our 23-year history - the work of War Child will, sadly, once again be of vital importance.

Programmes Overview

Humanitarian aid work has always been conducted in hard and chaotic circumstances - but the challenges facing organisations like ours have grown in scale and complexity in recent years.

Remuneration Managing Director

The Supervisory Board on the recommendation of the Remuneration Committee determined the level of management remuneration and the amount of other remuneration components during 2017. The remuneration policy is updated periodically.

ABOUT THIS REPORT

This Annual Report provides an account of our activities in 2017 and clarifies our role in the humanitarian aid sector.