Financial Report
Revenues and expenditures
For the fiscal year ending on 31 March 2017, revenues of the A. M. Qattan Foundation (AMQF) totalled GBP 9,999,826. Of this, the Qattan family provided a funding of GBP 6,589,419. External funding revenues were in the amount of GBP 1,633,483. Revenues of The Mosaic Rooms registered GBP 40,102. Other revenues were GBP 1,736,822.
Expenditures totalled GBP 9,086,014. Of this amount, fixed assets accounted for GBP 3,903,265 and programme and administrative expenses GBP 5,182,749.
Net assets
At the end of this year, the balance of net assets stood at GBP 15,173,198, including GBP 14,724,883 in restricted net assets and GBP 448,315 in unrestricted net assets.
This year, AMQF accounts were audited by PricewaterhouseCoopers in Palestine and Kingston Smith in the UK.