Table of Contents - Fundación Charles Darwin

28
Financial Summary
We wish to express our special appreciation for
the international community’s valuable support
and generous contributions, which were crucial to
attaining our goals in 2006.
Charles Darwin Foundation
Revenue
Total CDF revenue in 2006 was 17% higher than in 2005.
Most of that increase came through contributions from
foundations and NGOs, which accounted for 14% of the
difference.
Revenue from bilateral and multilateral organizations was
substantial and contributed to funding the Research and
Technical Assistance programs. This revenue also underwrote
the outstanding portion of the 2005 Invasive Species
Project cost.
Additionally, an event sponsored by the Grand Duke of
Luxembourg raised USD 200 000 for the CDF.
Expenses
Reinforcement of the Research and Technical Assistance
programs made up a large part of expenditures, which accounted
for 49% and 29% of the total, respectively. The Research
Program concentrated on priority studies, baselines,
and monitoring and pilot management programs.
Expenses were also concentrated in implementation of the
GEF Invasive Species of Galapagos Project, which relies on
support from the Ecuadorian Ministry of Environment and
the United Nations Development Programme.
Investment in the Technical Assistance Program, which is
responsible for promoting the sustainability of Galapagos
management and conservation, focused on strengthening
inter-institutional cooperation and building local capacity.
With funds from our own revenues, the CDF has continued
to provide support to Galapagueño scholarship students.
In 2006 we also started a resource optimization and cost
streamlining phase, along with a process of administrative
restructuring and improvement of purchasing procedures.