Financial Report
Revenues and Expenditures
The Foundation’s total revenue for the year ending 31 March 2013 amounted to £4,149,375. Of this, £2,469,870 was funding from the Al-Qattan Family. Total external contributions for co-funded projects amounted to £1,555,685. The Mosaic Rooms’ revenue amounted to £68,522, and a further £55,298 came from other sources.
The Foundation’s total expenditures amounted to £4,024,454, of which £207,301 was expended on fixed assets, and £3,817,153 on programmes and administrative expenses.
Net Assets
The balance of net assets at the end of the current year came to £3,322,922, of which £3,314,380 was restricted net assets, and £8,542 unrestricted.
The Foundation's accounts have been audited by PricewaterhouseCoopers in Palestine, and by Kingston Smith in the United Kingdom.
To view the Audited Financial Statments, please click here.
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Revenues for the year ending 31 March 2013 |
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| Programmes' expenses for the year ending 31 March 2013 |
