{"id":32,"date":"2023-03-09T01:46:39","date_gmt":"2023-03-09T01:46:39","guid":{"rendered":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/?page_id=32"},"modified":"2023-04-21T14:14:08","modified_gmt":"2023-04-21T14:14:08","slug":"financials","status":"publish","type":"page","link":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/financials\/","title":{"rendered":"Financials"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-background-color:var(--awb-color4);--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-testimonials classic awb-speech-bubble-show fusion-testimonials-1\" style=\"--awb-textcolor:var(--awb-color8);--awb-backgroundcolor:var(--awb-color2);--awb-margin-right:20%;--awb-margin-left:20%;--awb-testimonial-border-style:solid;--awb-testimonial-border-color:var(--awb-color3);--awb-border-top-left-radius:0px;--awb-border-top-right-radius:0px;--awb-border-bottom-left-radius:0px;--awb-border-bottom-right-radius:0px;--testimonial-border-width-top:0px;--testimonial-border-width-right:0px;--testimonial-border-width-bottom:0px;--testimonial-border-width-left:0px;\" data-random=\"0\" data-speed=\"4000\"><div class=\"reviews\"><div class=\"review active-testimonial avatar-image\"><blockquote><div class=\"awb-quote\"><div class=\"awb-quote-content\">\n<p><span class=\"TextRun SCXW57650527 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">\u201c<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">Despite<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">the unfavourable conditions of the financial market<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">, which<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">seriously <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">impacted<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">our investment portfolio<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">,<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> i<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">n 2022<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">,<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> we <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">increased<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> our fundraising <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">efforts<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">,<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">which<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> proved successful <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">thanks <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">to <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">our<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">Baden-Powell Fellows<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> and new donors<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">.\u00a0<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">You <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">contributed to our <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">first-ever<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">digital <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">Annual Appeal, <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">inspiring others to join a<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> culture of<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> annual giving<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> and allowing us to <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">recruit<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> new donors giving lower amounts than <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">the <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">entry level to the <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">BP Fellowship<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">, particularly through <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">our call for <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">emergency <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">funds<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">to support the <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">Scout<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> response to<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">the <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">war<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> in Ukraine<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">. <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">We raised <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">over <\/span><\/span><span class=\"TextRun SCXW57650527 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">USD 5.2 million in 2022<\/span><\/span><span class=\"TextRun SCXW57650527 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">. Not only did we raise more money<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> than last year<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">, <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">we<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">were also able to <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">disburse <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">a higher <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">sum <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">of <\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">grants<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\"> to Scouting<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">,<\/span> <span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">total<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">ling<\/span> <\/span><strong><span class=\"TextRun SCXW57650527 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">USD 6.9 million<\/span><\/span><\/strong><span class=\"TextRun SCXW57650527 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">.<\/span><span class=\"NormalTextRun SCXW57650527 BCX0\" data-ccp-parastyle=\"Normal (Web)\">\u201d<\/span><\/span><span class=\"LineBreakBlob BlobObject DragDrop SCXW57650527 BCX0\"><br class=\"SCXW57650527 BCX0\" \/><\/span><\/p>\n<\/div><\/div><span class=\"awb-triangle\"><\/span><\/blockquote><div class=\"author\"><span class=\"testimonial-thumbnail\"><img decoding=\"async\" class=\"testimonial-image\" src=\"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/06.-Mr-Mark-Knippenberg.-Chief-Executive-Officer.jpg\" width=\"350\" height=\"350\" style=\"--awb-border-radius:50%;\" \/><\/span><span class=\"company-name\"><strong>Mark Knippenberg<\/strong><span>, <\/span><span>Chief Executive Officer<\/span><\/span><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-three\"><h3 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:36;line-height:var(--awb-typography1-line-height);\"><strong>Funds Raised: Increasing our fundraising capacity<\/strong><\/h3><\/div><div class=\"container-wrapper-genially\" style=\"position: relative; min-height: 400px; max-width: 100%;\"><video class=\"loader-genially\" autoplay=\"autoplay\" loop=\"loop\" playsinline=\"playsInline\" muted=\"muted\" style=\"position: absolute;top: 45%;left: 50%;transform: translate(-50%, -50%);width: 80px;height: 80px;margin-bottom: 10%\"><source src=\"https:\/\/static.genial.ly\/resources\/loader-default.mp4\" type=\"video\/mp4\" \/>Your browser does not support the video tag.<\/video><div id=\"643af3cfd36c21001863ba10\" class=\"genially-embed\" style=\"margin: 0px auto; position: relative; height: auto; width: 100%;\"><\/div><\/div><script>(function (d) { var js, id = \"genially-embed-js\", ref = d.getElementsByTagName(\"script\")[0]; if (d.getElementById(id)) { return; } js = d.createElement(\"script\"); js.id = id; js.async = true; js.src = \"https:\/\/view.genial.ly\/static\/embed\/embed.js\"; ref.parentNode.insertBefore(js, ref); }(document));<\/script><div class=\"fusion-text fusion-text-1\" style=\"--awb-margin-top:20px;\"><p>We are extremely grateful to all our donors who either started, continued or increased their contributions to the Foundation in 2022. Thanks to the hard work of our newly activated Fundraising Committees and staff team, we had a successful year raising a total of USD 5.2 million, a 38% increase on the USD 3.69 million raised in 2021.<\/p>\n<p>Of the total funds raised, USD 3.4 million has been allocated to the Designated Purpose Funds, and USD 1.7 million, raised via Baden-Powell Fellowship, Honours Programme and other general contributions, has been classified as unrestricted funds and accordingly allocated to the General Endowment Fund.<\/p>\n<p>The Foundation can assure its donors that every new gift to the Foundation goes entirely to Scouting. No fees or expenses are paid to Officers or Members of the Board or its Sub-Committees.<\/p>\n<p>The Foundation\u2019s administration and staff costs remain covered by one of our Designated Purpose Funds, the Operational Support Fund, which was established by a small group of existing donors. In addition to significant contributions made historically by many Members of the Board to this fund, part of the net financial income is allocated to the Operational Support Fund within the Designated Purpose Funds.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:40px;--awb-background-color:var(--awb-color6);--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:var(--awb-color1);\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:48;line-height:var(--awb-typography1-line-height);\"><strong>Grants to World Scouting<\/strong><\/h2><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-4 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"container-wrapper-genially\" style=\"position: relative; min-height: 400px; max-width: 100%;\"><video class=\"loader-genially\" autoplay=\"autoplay\" loop=\"loop\" playsinline=\"playsInline\" muted=\"muted\" style=\"position: absolute;top: 45%;left: 50%;transform: translate(-50%, -50%);width: 80px;height: 80px;margin-bottom: 10%\"><source src=\"https:\/\/static.genial.ly\/resources\/loader-default.mp4\" type=\"video\/mp4\" \/>Your browser does not support the video tag.<\/video><div id=\"643d392ad57bb400135d14f1\" class=\"genially-embed\" style=\"margin: 0px auto; position: relative; height: auto; width: 100%;\"><\/div><\/div><script>(function (d) { var js, id = \"genially-embed-js\", ref = d.getElementsByTagName(\"script\")[0]; if (d.getElementById(id)) { return; } js = d.createElement(\"script\"); js.id = id; js.async = true; js.src = \"https:\/\/view.genial.ly\/static\/embed\/embed.js\"; ref.parentNode.insertBefore(js, ref); }(document));<\/script><div class=\"fusion-text fusion-text-2\"><p><span data-contrast=\"none\">Our extensive fundraising activities allow us to provide two main funding streams for WOSM:<\/span><\/p>\n<ol>\n<li><span data-contrast=\"none\"> Since 1977, the Annual Operational Grant to the World Organization of the Scout Movement (WOSM) to cover the running costs of the World Scout Bureau and its global and regional support centres, calculated on the value of the Foundation\u2019s endowment.<\/span><\/li>\n<li><span data-contrast=\"none\">Since 2011, project funding for National Scout Organisations and the World Scout Bureau, from our Designated Purpose Funds in the form of grants to Scout projects, which are agreed following a robust system of approvals, jointly handled by the Foundation and WOSM.<\/span><\/li>\n<\/ol>\n<p><span data-contrast=\"none\">In 2022, a total of <\/span><b><span data-contrast=\"none\">USD 6.9 million <\/span><\/b><span data-contrast=\"none\">was disbursed to Scouting: The Annual Operational Grant of USD 2.8 million and USD 4.1 million for Scout projects. The total represents an increase on the USD 5.8 million disbursed in 2021, reaching a similar value to the year 2019, right before the COVID-19 pandemic.<\/span><\/p>\n<p><span data-contrast=\"none\">The Foundation continues to make concerted efforts, with the support of WOSM, to secure the second phase of the Messengers of Peace Initiative, the incredible flagship programme of World Scouting, which inspires Scouts around the world to lead community action for peace and sustainable development.<\/span><\/p>\n<\/div><div class=\"fusion-image-element \" style=\"text-align:center;--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-none\"><img decoding=\"async\" width=\"1024\" height=\"555\" title=\"Financials (2) FINAL for AR&#8217;22\" src=\"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/Financials-2-FINAL-for-AR22-1024x555.png\" alt class=\"img-responsive wp-image-968\" srcset=\"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/Financials-2-FINAL-for-AR22-200x108.png 200w, https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/Financials-2-FINAL-for-AR22-400x217.png 400w, https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/Financials-2-FINAL-for-AR22-600x325.png 600w, https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/Financials-2-FINAL-for-AR22-800x433.png 800w, https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/Financials-2-FINAL-for-AR22-1200x650.png 1200w\" sizes=\"(max-width: 640px) 100vw, 1200px\" \/><\/span><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-5 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:40px;--awb-background-color:var(--awb-color6);--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:var(--awb-color1);\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:48;line-height:var(--awb-typography1-line-height);\"><strong>Our Assets<\/strong><\/h2><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-6 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-5 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"text-align:center;--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-2 hover-type-none\"><img decoding=\"async\" width=\"976\" height=\"567\" title=\"assets\" src=\"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/assets.png\" alt class=\"img-responsive wp-image-841\" srcset=\"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/assets-200x116.png 200w, https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/assets-400x232.png 400w, https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/assets-600x349.png 600w, https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/assets-800x465.png 800w, https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/assets.png 976w\" sizes=\"(max-width: 640px) 100vw, 976px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-3\"><p><span data-contrast=\"none\">The Foundation holds most of its financial assets in two types of funds:<\/span><\/p>\n<ol>\n<li data-leveltext=\"%1.\" data-font=\"Avenir Next\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:0,&quot;335559684&quot;:-1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769242&quot;:&#091;65533,1&#093;,&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;%1.&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"none\">The Endowment Fund<\/span><\/b><span data-contrast=\"none\">, which is distributed across an investment portfolio. This fund is where we allocate unrestricted donations from individuals, foundations, corporations, governments, and members of the Scout movement, all of whom wish to encourage young people to acquire positive values and leadership skills for life. It is important to continue to grow this Fund to ensure sustainable long-term support for World Scouting. The Annual Operational Grant to the World Organization of the Scout Movement is drawn from the return on investments on the Endowment Fund.<\/span><\/li>\n<li data-leveltext=\"%1.\" data-font=\"Avenir Next\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:0,&quot;335559684&quot;:-1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769242&quot;:&#091;65533,1&#093;,&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;%1.&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Designated Purpose Funds<\/span><\/b><span data-contrast=\"none\"> where the use is subject to the requirements set by the donor (earmarked). The value of the Designated Purpose Funds at the end of 2022 came to a total of USD 4 million (USD 3.7 million in 2021). Here we allocate donations received to support specific global projects such as Ticket To Life, Food For Life and capacity-building projects for National Scout Organisations based on World Scouting\u2019s quality standard, the global assessment tool.<\/span><\/li>\n<\/ol>\n<\/div><div class=\"container-wrapper-genially\" style=\"position: relative; min-height: 400px; max-width: 100%;\"><video class=\"loader-genially\" autoplay=\"autoplay\" loop=\"loop\" playsinline=\"playsInline\" muted=\"muted\" style=\"position: absolute;top: 45%;left: 50%;transform: translate(-50%, -50%);width: 80px;height: 80px;margin-bottom: 10%\"><source src=\"https:\/\/static.genial.ly\/resources\/loader-default.mp4\" type=\"video\/mp4\" \/>Your browser does not support the video tag.<\/video><div id=\"643d3f51d57bb400135d1db2\" class=\"genially-embed\" style=\"margin: 0px auto; position: relative; height: auto; width: 100%;\"><\/div><\/div><script>(function (d) { var js, id = \"genially-embed-js\", ref = d.getElementsByTagName(\"script\")[0]; if (d.getElementById(id)) { return; } js = d.createElement(\"script\"); js.id = id; js.async = true; js.src = \"https:\/\/view.genial.ly\/static\/embed\/embed.js\"; ref.parentNode.insertBefore(js, ref); }(document));<\/script><div class=\"fusion-text fusion-text-4\"><p><span data-contrast=\"none\">In addition to these funds, the Foundation\u2019s assets also include funds held abroad in trust for the Foundation at Scouts Canada, Scouts Australia and WSF Deutschland. It is also important to note that the World Scout Foundation has agreed to accept loans from related parties \u2014 the Asia-Pacific Foundation, World Scout Bureau, Africa Scout Foundation and Interamerican Scout Foundation \u2014 to invest on their behalf. These loans are treated as financial assets and are distributed into our investment portfolio. Its gains or losses are reinvested on behalf of our related parties. These assets are not part of the Endowment Fund, nor the Designated Purpose Funds.<\/span><\/p>\n<p><span data-contrast=\"none\">The Foundation\u2019s total assets, including funds held in trust and funds received as loans, reached just over <\/span><b><span data-contrast=\"none\">USD 62 million<\/span><\/b><span data-contrast=\"none\"> on 31 December 2022, a 17.4% decrease from USD 75.1 million in the previous year.<\/span><\/p>\n<\/div><div class=\"container-wrapper-genially\" style=\"position: relative; min-height: 400px; max-width: 100%;\"><video class=\"loader-genially\" autoplay=\"autoplay\" loop=\"loop\" playsinline=\"playsInline\" muted=\"muted\" style=\"position: absolute;top: 45%;left: 50%;transform: translate(-50%, -50%);width: 80px;height: 80px;margin-bottom: 10%\"><source src=\"https:\/\/static.genial.ly\/resources\/loader-default.mp4\" type=\"video\/mp4\" \/>Your browser does not support the video tag.<\/video><div id=\"643d3d552320230018b784c8\" class=\"genially-embed\" style=\"margin: 0px auto; position: relative; height: auto; width: 100%;\"><\/div><\/div><script>(function (d) { var js, id = \"genially-embed-js\", ref = d.getElementsByTagName(\"script\")[0]; if (d.getElementById(id)) { return; } js = d.createElement(\"script\"); js.id = id; js.async = true; js.src = \"https:\/\/view.genial.ly\/static\/embed\/embed.js\"; ref.parentNode.insertBefore(js, ref); }(document));<\/script><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-7 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:40px;--awb-background-color:var(--awb-color6);--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-6 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-4 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:var(--awb-color1);\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:48;line-height:var(--awb-typography1-line-height);\"><strong>An unfavourable market: Our Investment Portfolio<\/strong><\/h2><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-8 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-7 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-testimonials classic awb-speech-bubble-show fusion-testimonials-2\" style=\"--awb-textcolor:var(--awb-color8);--awb-backgroundcolor:var(--awb-color2);--awb-margin-right:20%;--awb-margin-bottom:40px;--awb-margin-left:20%;--awb-testimonial-border-style:solid;--awb-testimonial-border-color:var(--awb-color3);--awb-border-top-left-radius:0px;--awb-border-top-right-radius:0px;--awb-border-bottom-left-radius:0px;--awb-border-bottom-right-radius:0px;--testimonial-border-width-top:0px;--testimonial-border-width-right:0px;--testimonial-border-width-bottom:0px;--testimonial-border-width-left:0px;\" data-random=\"0\" data-speed=\"4000\"><div class=\"reviews\"><div class=\"review active-testimonial avatar-image\"><blockquote><div class=\"awb-quote\"><div class=\"awb-quote-content\">\n<p>\u201cMost global markets have experienced the worst performance since the global crisis of 2008, making 2022 an extremely challenging year for investors worldwide. Sadly, this was also the case for our investment portfolio, showing negative results, which is part of the inherent risk of investing in financial assets. Although most of the loss comes from an unrealised devaluation of our financial assets, we still show a positive return over a cumulative period of five years.\u201d<\/p>\n<\/div><\/div><span class=\"awb-triangle\"><\/span><\/blockquote><div class=\"author\"><span class=\"testimonial-thumbnail\"><img decoding=\"async\" class=\"testimonial-image\" src=\"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/15.-Dr-Jens-Ehrhardt.-Member-Chairman-Investment-Committee.jpg\" width=\"350\" height=\"350\" style=\"--awb-border-radius:50%;\" \/><\/span><span class=\"company-name\"><strong>Jens Erhardt<\/strong><span>, <\/span><span>Board Member and Investment Committee Chair<\/span><\/span><\/div><\/div><\/div><\/div><div class=\"fusion-text fusion-text-5\"><p><span data-contrast=\"none\">In 2022, the Foundation\u2019s Investment Committee closely monitored the portfolio, which is managed primarily by JP Morgan Private Bank Switzerland and the Fiduciary Trust Company International (FTCI). The markets led to a decrease in value of 14.78% (8.9% increase in 2021). This represents a negative result for our investments in 2022. Nevertheless, the portfolio is still showing positive results in the long term. The investments managed by JP Morgan have shown a cumulative growth of 14.6% over a 5-year period, whilst the FTCI has shown 10.65% since its inception in 2004.<\/span><\/p>\n<p><span data-contrast=\"none\">The unrealised loss on fluctuation in financial assets value and other financial costs brought the net financial income to a loss of USD 8.5 million. This loss was released from the capital of the Foundation. The Investment Committee continues to monitor the performance of the investment managers and is carefully optimistic that the losses generated in 2022 will be recouped in the years to come.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-9 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:40px;--awb-background-color:var(--awb-color6);--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-8 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-5 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:var(--awb-color1);\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:48;line-height:var(--awb-typography1-line-height);\"><strong>From grants to action: The projects we funded in 2022<\/strong><\/h2><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-10 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-9 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-6\"><p><span data-contrast=\"none\">Thanks to the generous support of our donors, in 2022, we funded 74 projects in all 6 Scout Regions, in the following categories:<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"12\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:&#091;8226&#093;,&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Strengthening capacity<\/span><\/b><span data-contrast=\"none\">, for example, projects to revitalise a National Scout Organisation\u2019s youth programme, provide Scout leader training or strengthen governance. Grants allocated: USD 1.65 million<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"12\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:&#091;8226&#093;,&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Inspiring action in the community<\/span><\/b><span data-contrast=\"none\">, including via the Messengers of Peace Initiative, which encourages Scouts to undertake community service and tell the story of their experience to inspire others to action. Grants allocated: USD 579,522<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"12\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:&#091;8226&#093;,&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Special projects:<\/span><\/b><span data-contrast=\"none\"> Special projects include, for example, support to youth in (post-)conflict zones and disaster preparedness and emergency response, however, this does not include the funds raised through the Scout Donation Platform (i.e. emergency funding for Scouts in Ukraine and surrounding countries). Grants allocated: USD 30,770<\/span><\/li>\n<\/ul>\n<\/div><div class=\"container-wrapper-genially\" style=\"position: relative; min-height: 400px; max-width: 100%;\"><video class=\"loader-genially\" autoplay=\"autoplay\" loop=\"loop\" playsinline=\"playsInline\" muted=\"muted\" style=\"position: absolute;top: 45%;left: 50%;transform: translate(-50%, -50%);width: 80px;height: 80px;margin-bottom: 10%\"><source src=\"https:\/\/static.genial.ly\/resources\/loader-default.mp4\" type=\"video\/mp4\" \/>Your browser does not support the video tag.<\/video><div id=\"643a98205734c400182c06c8\" class=\"genially-embed\" style=\"margin: 0px auto; position: relative; height: auto; width: 100%;\"><\/div><\/div><script>(function (d) { var js, id = \"genially-embed-js\", ref = d.getElementsByTagName(\"script\")[0]; if (d.getElementById(id)) { return; } js = d.createElement(\"script\"); js.id = id; js.async = true; js.src = \"https:\/\/view.genial.ly\/static\/embed\/embed.js\"; ref.parentNode.insertBefore(js, ref); }(document));<\/script><div class=\"container-wrapper-genially\" style=\"position: relative; min-height: 400px; max-width: 100%;\"><video class=\"loader-genially\" autoplay=\"autoplay\" loop=\"loop\" playsinline=\"playsInline\" muted=\"muted\" style=\"position: absolute;top: 45%;left: 50%;transform: translate(-50%, -50%);width: 80px;height: 80px;margin-bottom: 10%\"><source src=\"https:\/\/static.genial.ly\/resources\/loader-default.mp4\" type=\"video\/mp4\" \/>Your browser does not support the video tag.<\/video><div id=\"643d42b7d57bb400135d2372\" class=\"genially-embed\" style=\"margin: 0px auto; position: relative; height: auto; width: 100%;\"><\/div><\/div><script>(function (d) { var js, id = \"genially-embed-js\", ref = d.getElementsByTagName(\"script\")[0]; if (d.getElementById(id)) { return; } js = d.createElement(\"script\"); js.id = id; js.async = true; js.src = \"https:\/\/view.genial.ly\/static\/embed\/embed.js\"; ref.parentNode.insertBefore(js, ref); }(document));<\/script><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-11 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:40px;--awb-background-color:var(--awb-color6);--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-10 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-6 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:var(--awb-color1);\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:48;line-height:var(--awb-typography1-line-height);\"><strong>Integrity, Inclusivity, Accountability and Transparency<\/strong><\/h2><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-12 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-11 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-7\"><p><span data-contrast=\"none\">The World Scout Foundation is an independent, not for profit, charitable organisation based in Switzerland, established under Swiss law and subject to supervision by the Swiss Federal Supervisory Authority of Foundations. The Foundation has entities or funds established in Australia, Canada, France and Germany, which will accept tax-deductible contributions from donors residing in these countries.<\/span><\/p>\n<p><span data-contrast=\"none\">Contributions to the Foundation can also be made through the National Scout Organisations of Japan, the Netherlands, Mexico, Republic of Korea, the United Kingdom and the United States of America. This might also be possible in other countries and the Foundation is available to assist.<\/span><\/p>\n<p><span data-contrast=\"none\">PricewaterhouseCoopers (PwC) audits the accounts and Financial Statements, annually.<\/span><\/p>\n<p><span data-contrast=\"none\">Download a copy of the <\/span><b><span data-contrast=\"none\"><a href=\"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-content\/uploads\/2023\/04\/WSF_2022_Ordinary-Audit-Report-USD.pdf\" target=\"_blank\" rel=\"noopener\">audited Financial Statements here<\/a>.<\/span><\/b><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-13 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:40px;--awb-background-color:var(--awb-color6);--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-12 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-7 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:var(--awb-color1);\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:48;line-height:var(--awb-typography1-line-height);\"><strong>Balance Sheet as of 31 December 2022<\/strong><\/h2><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-14 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-13 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\">\n<div class=\"table-2\">\n<table width=\"100%\">\n<thead>\n<tr>\n<th align=\"left\">Assets (USD)<\/th>\n<th align=\"left\">31.12.2022<\/th>\n<th align=\"left\">31.12.2021<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td align=\"left\"><strong>Current Assets<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Cash<\/td>\n<td align=\"left\">2&#8217;235&#8217;101<\/td>\n<td align=\"left\">1&#8217;579&#8217;151<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Donations receivable<\/td>\n<td align=\"left\">&#8211;<\/td>\n<td align=\"left\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Donations gross<\/td>\n<td align=\"left\">2&#8217;250&#8217;000<\/td>\n<td align=\"left\">2&#8217;250&#8217;000<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Provision<\/td>\n<td align=\"left\">-2&#8217;250&#8217;000<\/td>\n<td align=\"left\">-2&#8217;250&#8217;000<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Prepayments and accrued income<\/td>\n<td align=\"left\">203&#8217;560<\/td>\n<td align=\"left\">280&#8217;403<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>2&#8217;438&#8217;661<\/strong><\/td>\n<td align=\"left\"><strong>1&#8217;859&#8217;554<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Non-current assets<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Financial assets<\/td>\n<td align=\"left\">54&#8217;218&#8217;043<\/td>\n<td align=\"left\">66&#8217;921&#8217;114<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Fixed assets<\/td>\n<td align=\"left\">15&#8217;609<\/td>\n<td align=\"left\">10&#8217;851<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>54&#8217;233&#8217;652<\/strong><\/td>\n<td align=\"left\"><strong>66&#8217;931&#8217;965<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Total Assets<\/strong><\/td>\n<td align=\"left\"><strong>56&#8217;672&#8217;313<\/strong><\/td>\n<td align=\"left\"><strong>68&#8217;791&#8217;519<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Funds held\u00a0<span style=\"text-decoration: underline;\">abroad<\/span> in trust for the Foundation<\/td>\n<td align=\"left\">5&#8217;376&#8217;899<\/td>\n<td align=\"left\">6&#8217;384&#8217;284<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Total assets of the Foundation incl. Funds held in trust\u00a0<span style=\"text-decoration: underline;\">abroad<\/span><\/strong><\/td>\n<td align=\"left\">62&#8217;049&#8217;212<\/td>\n<td align=\"left\">75&#8217;175&#8217;803<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<\/tbody>\n<thead>\n<tr>\n<th align=\"left\">Liabilities &amp; Funds (USD)<\/th>\n<th align=\"left\">31.12.2022<\/th>\n<th align=\"left\">31.12.2021<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td align=\"left\"><strong>Current Liabilities<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Undisbursed grants payable<\/td>\n<td align=\"left\">3&#8217;876&#8217;599<\/td>\n<td align=\"left\">3&#8217;622&#8217;057<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Loan from related party<\/td>\n<td align=\"left\">7&#8217;083&#8217;746<\/td>\n<td align=\"left\">8&#8217;488&#8217;060<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Accrued and other liabilities<\/td>\n<td align=\"left\">1&#8217;750&#8217;385<\/td>\n<td align=\"left\">632&#8217;943<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>12&#8217;710&#8217;730<\/strong><\/td>\n<td align=\"left\"><strong>12&#8217;743&#8217;060<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Non-current liabilities<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Undisbursed grants payable<\/td>\n<td align=\"left\">&#8211;<\/td>\n<td align=\"left\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Restricted Funds<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Designated Purpose Funds<\/td>\n<td align=\"left\">3&#8217;278&#8217;441<\/td>\n<td align=\"left\">3&#8217;717&#8217;063<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">The Messengers of Peace Fund<\/td>\n<td align=\"left\">97&#8217;440<\/td>\n<td align=\"left\">306&#8217;172<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>3&#8217;375&#8217;881<\/strong><\/td>\n<td align=\"left\"><strong>4&#8217;023&#8217;235<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Unrestricted Funds<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Capital of the Foundation<\/td>\n<td align=\"left\">1&#8217;557&#8217;347<\/td>\n<td align=\"left\">1&#8217;557&#8217;357<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Endowment Fund<\/td>\n<td align=\"left\">39&#8217;028&#8217;355<\/td>\n<td align=\"left\">50&#8217;467&#8217;876<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>40&#8217;585&#8217;702<\/strong><\/td>\n<td align=\"left\"><strong>52&#8217;025&#8217;223<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Total Funds<\/strong><\/td>\n<td align=\"left\"><strong>43&#8217;961&#8217;583<\/strong><\/td>\n<td align=\"left\"><strong>56&#8217;048&#8217;458<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Total Liabilities and Funds<\/strong><\/td>\n<td align=\"left\"><strong>56&#8217;672&#8217;313<\/strong><\/td>\n<td align=\"left\"><strong>68&#8217;791&#8217;519<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-15 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:40px;--awb-background-color:var(--awb-color6);--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-14 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-8 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:var(--awb-color1);\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:48;line-height:var(--awb-typography1-line-height);\"><strong>Statement of Operations for the Year Ended 31 December 2022<\/strong><\/h2><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-16 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-15 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\">\n<div class=\"table-2\">\n<table width=\"100%\">\n<thead>\n<tr>\n<th align=\"left\">(USD)<\/th>\n<th align=\"left\">31.12.2022<\/th>\n<th align=\"left\">31.12.2021<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td align=\"left\"><strong>Income<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Individual donations<\/td>\n<td align=\"left\">4&#8217;919&#8217;324<\/td>\n<td align=\"left\">3&#8217;175&#8217;177<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Other income<\/td>\n<td align=\"left\">100&#8217;653<\/td>\n<td align=\"left\">280&#8217;816<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Income from related party funds<\/td>\n<td align=\"left\">150&#8217;542<\/td>\n<td align=\"left\">241&#8217;805<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>5&#8217;170&#8217;519<\/strong><\/td>\n<td align=\"left\"><strong>3&#8217;697&#8217;798<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Expenditures<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Project and grant expenditure<\/td>\n<td align=\"left\">(4&#8217;107&#8217;256)<\/td>\n<td align=\"left\">(3&#8217;070&#8217;999)<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Grant to the World Organization of the Scout Movement<\/td>\n<td align=\"left\">(2&#8217;800&#8217;000)<\/td>\n<td align=\"left\">(2&#8217;800&#8217;000)<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Administrative expenditures<\/td>\n<td align=\"left\">(1&#8217;791&#8217;948)<\/td>\n<td align=\"left\">(1&#8217;825&#8217;228)<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Provision on donations<\/td>\n<td align=\"left\">&#8211;<\/td>\n<td align=\"left\">(2&#8217;250&#8217;000)<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>(8&#8217;588&#8217;160)<\/strong><\/td>\n<td align=\"left\"><strong>(9&#8217;946&#8217;429)<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Operating result<\/strong><\/td>\n<td align=\"left\"><strong>(3&#8217;528&#8217;685)<\/strong><\/td>\n<td align=\"left\"><strong>(6&#8217;248&#8217;429)<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Net financial income<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Financial income<\/td>\n<td align=\"left\">2&#8217;926&#8217;091<\/td>\n<td align=\"left\">8&#8217;965&#8217;878<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">Financial costs<\/td>\n<td align=\"left\">(11&#8217;514&#8217;251)<\/td>\n<td align=\"left\">(1&#8217;465&#8217;649)<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>(8&#8217;588&#8217;160)<\/strong><\/td>\n<td align=\"left\"><strong>7&#8217;500&#8217;229<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Profit \/ (Deficit) for the year<\/strong><\/td>\n<td align=\"left\"><strong>(12&#8217;116&#8217;846)<\/strong><\/td>\n<td align=\"left\"><strong>1&#8217;251&#8217;800<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Changes in restricted funds<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">&#8211; allocation of income<\/td>\n<td align=\"left\">(3&#8217;411&#8217;871)<\/td>\n<td align=\"left\">(2&#8217;547&#8217;088)<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">&#8211; operational expenditure<\/td>\n<td align=\"left\">5&#8217;612&#8217;055<\/td>\n<td align=\"left\">4&#8217;834&#8217;696<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">&#8211; net financial (income) \/ loss<\/td>\n<td align=\"left\">2&#8217;147&#8217;040<\/td>\n<td align=\"left\">(1&#8217;953&#8217;465)<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>4&#8217;347&#8217;223<\/strong><\/td>\n<td align=\"left\"><strong>334&#8217;143<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Net surplus \/ (deficit) for the year prior to allocations<\/strong><\/td>\n<td align=\"left\"><strong>(7&#8217;769&#8217;623)<\/strong><\/td>\n<td align=\"left\"><strong>1&#8217;585&#8217;943<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Release \/ (Allocation to) General Endowment Fund<\/strong><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\">&#8211; allocation of income<\/td>\n<td align=\"left\">(1&#8217;748&#8217;877)<\/td>\n<td align=\"left\">(1&#8217;150&#8217;710)<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">&#8211; operational expenditure<\/td>\n<td align=\"left\">3&#8217;077&#8217;380<\/td>\n<td align=\"left\">5&#8217;111&#8217;530<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">&#8211; net financial (income) \/ loss<\/td>\n<td align=\"left\">6&#8217;441&#8217;120<\/td>\n<td align=\"left\">(5&#8217;546&#8217;763)<\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><strong>7&#8217;769&#8217;623<\/strong><\/td>\n<td align=\"left\"><strong>(1&#8217;585&#8217;943)<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<td align=\"left\"><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><strong>Net surplus \/ (deficit) for the year after allocations<\/strong><\/td>\n<td align=\"left\"><strong>0<\/strong><\/td>\n<td align=\"left\"><strong>0<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":891,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"100-width.php","meta":{"footnotes":""},"class_list":["post-32","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-json\/wp\/v2\/pages\/32","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-json\/wp\/v2\/comments?post=32"}],"version-history":[{"count":17,"href":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-json\/wp\/v2\/pages\/32\/revisions"}],"predecessor-version":[{"id":1028,"href":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-json\/wp\/v2\/pages\/32\/revisions\/1028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-json\/wp\/v2\/media\/891"}],"wp:attachment":[{"href":"https:\/\/annualreport.worldscoutfoundation.org\/2022\/wp-json\/wp\/v2\/media?parent=32"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}