Resultaten van de campagne

The 2010-2011 fundraising campaign for the United Fund for Belgium has been somewhat challenging, as the economic difficulties have continued. It is in particular the donations of individuals that have been affected, whether direct donations or in-house campaigns. Fortunately, however, corporate donations, which represent the bulk of our revenues, have remained largely stable and we have benefitted once more from the exceptional generosity of one of our Board members who has contributed €100,000 to the coverage of our operational costs, allowing us to sustain our policy of passing through 100% of the direct donations to the charities we support.

The total contribution of the campaign was € 994,915, compared to €1,080,857 last year. This contribution of   € 994,915 was collected through various streams of revenues:

However, as an amount of € 56,053 from the previous campaign had not been distributed last year and was carried over to this campaign, the total amount to be distributed will be € 913,688 hereby helping 91 Belgian charitable projects.

• Direct corporate donations represented 83 % of these collected funds and have remained the main source of income;
• In-House campaigns were organized within eight corporations and over 500 employee donations accounted for 4 % of this income;
• The net profit of the greeting cards and items sales contributed for 10 % of the results.
• Individual donations reached 1% of the total.
• The Charity Golf Event contributed for 2 %.

Additional donations, mainly by various UFB Board members, contributed an amount of  20,196 € to the Martin Kallen Fund.  The purpose of this Fund is not to finance directly donations to charities, but to build up a source of income that can be used to cover part, and hopefully in future all, UFB operating expenses.  This is intended to become the structural foundation to ensure that, over the long term, 100% of the donations can continue to be passed through the beneficiary charities.  The current market value of the MKF reaches € 1,346,491. 

Special donations to cover operating expenses reached € 117,084 mostly from UFB Directors who generously bridged the gap of insufficient financial income from the MKF this year. This was a critical contribution to ensure the 100% pass through. In future, we will be using, besides the MKF income and donations made specifically for purposes of covering operational expenses, the revenues from events (greeting cards, golf event, etc) to ensure the 100% pass-through, pending the growth of the MKF to the point that MKF income is sufficient to cover these expenses.

The United Fund for Belgium is continuing to thrive thanks to the dedication of the UFB staff, and to the numerous volunteers who provide such a great support to the organisation, ranging from the members of the Boards of Directors and of Trustees, the dedicated volunteers of the Allocation Committee and other committees, and the many other volunteers who support UFB on an ad hoc or regular basis.

Furthermore, operational costs have been kept to a minimum thanks to the in-kind support of several corporate donors, including in particular S.W.I.F.T which is offering office space and many related services, as well as Porter Novelli, Hayez, KPMG, PwC, Euroclear, Belgacom, and many more.

Thanks to this multi-faceted support, the UFB has been able to continue to support the growing needs of underprivileged people across all provinces, regions and communities in Belgium. I would like to warmly thank all those who have contributed, financially or otherwise, to allow UFB to painstakingly pursue its vocation to brighten the daily lives of the many underprivileged people in Belgium.

Pierre Francotte

President United Fund for Belgium