Financial Statements - International Planned Parenthood Federation

IPPF Financial Statements 2009 3
Figure 3: Expenditure in 2009 of $131 million by activity
US$m
Expenditure on adolescents has
increased by US$9.9 million, due
to 2009 being the first full year
of the ‘Intensification of Sexual and
Reproductive Health & Rights (SRHR)’
project funded by The Government
of the Netherlands.
140
120
100
Trading Company & Other
Evaluation
Capacity Building
Resource Mobilization
Expenditure on abortion activity
fell by US$4.6 million. This is due to
a US$5 million reduction in grants
relating to the Promoting Real Options
project (anonymous donor) managed
out of our Western Hemisphere
Regional office. The total expenditure
commitments for this multi-year
project were recognised in 2008 in
line with UK accounting convention,
resulting in high expenditure in 2008
compared to subsequent years.
80
60
40
20
2009
2008
Accreditation & Governance
Advocacy
Abortion
Access
HIV/AIDS
Adolsecents
Audit opinion
Our auditors, KPMG LLP have
provided an unqualified audit opinion
on our 2009 financial statements.
Figure 4: IPPF’s governance structure:
Member Associations
Volunteers from each Association elect their own governing body
All Member Associations
represented at Regional Council
Six Regional Executive
Committees
Meet three times per year
REC
members
elected
by RC
Six Regional Councils
Meet once per year
Five volunteers elected by each
Regional Council to Governing Council
Audit Committee
All regions represented,
meets twice per year
Governing Council
Thirty members meet
twice per year
Membership Committee
All regions represented
meets twice per year