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Funding

The Brazzaville Foundation is a philanthropic organisation which is bound by rules of good management. The procedures put in place guarantee that the sources of funding available to it create value for the actions developed with its partners in the countries programme in Africa.

Income

  • Public donors

    National governments

    97%
  • Jean-Yves Ollivier

    Founding Chairman

    2%
  • Private donors

    Mission-based companies

    1%
  • Civil society

    NGO partners

    0%

Expenses

  • Programmes

    54%
  • Structure costs

    37%
  • Fundraising

    5%
  • Governance

    4%

All figures are taken from the annual accounts filed and available on the website of the Charity Commission, the regulatory body for NGOs in England and Wales.

Control and audit functions

Each year, charities are required to prepare their accounts to make available to the Charity Commission for England and Wales. The accounts are prepared and audited by Timbers Accountants Ltd, which has been the Foundation's approved firm since its inception in 2015. Since 2017, the annual audit has been entrusted to Hicks and Company, before being submitted to the Charity Commission.

Ethical domiciliation

Since December 2020, the Foundation has set up offices at The Foundry, a former factory in Vauxhall (London), home to 30 NGOs working on social justice and development issues. The owner organization, The Ethical Property Company, sees ethical criteria as an essential component for organisations the voluntary and private sectors, a vision shared by the Foundation.

Our policy on bribery, corruption and money laundering

The Brazzaville Foundation has a zero-tolerance policy on bribery, corruption and money laundering. This approach is essential to ensure the success of all non-profit initiatives through ethical means. The Foundation expects its staff and associates to uphold the highest standards of ethics and integrity, and to comply with the letter and spirit of all applicable laws, regulations, treaties and conventions.

 

The Trustees require ethical business practices and compliance with all applicable laws. In this regard, the Foundation's Anti-Bribery and Corruption Policy emphasises the Foundation's commitment to educating and training its staff regarding applicable laws, including the UK Bribery Act 2010 and the US Foreign Corrupt Practices Act. Strict compliance with the requirements of applicable laws and the Foundation's anti-corruption policy, as well as its anti-money laundering policy, is mandatory.

 

The Foundation also undertakes to comply fully with all applicable anti-money laundering laws and regulations. This is essential to ensure that the Foundation and its assets are not used for money laundering or terrorist financing, and that the Foundation does not receive laundered funds or the proceeds of crime.

 

Any staff member or person associated with the Foundation who knowingly encourages illegal conduct, ignores suspicious circumstances or fails to comply with applicable laws or the Foundation's anti-corruption policy, anti-money laundering policy and related procedures will be subject to disciplinary action up to and including dismissal and, in the case of third parties providing services for or on behalf of the Foundation, will be subject to contractual sanctions up to and including termination of their engagement.

 

Copies of the Foundation's anti-corruption policy and procedures and anti-money laundering policy and procedures are available on request.

Ethical domiciliation

Since December 2020, the Foundation has set up offices at The Foundry, a former factory in Vauxhall (London), home to 30 NGOs working on social justice and development issues. The owner organization, The Ethical Property Company, sees ethical criteria as an essential component for organisations the voluntary and private sectors, a vision shared by the Foundation.