2011 was once again an encouraging and successful year. The solidarity of our wide range of sponsors made it possible to continue the expansion of our project work in Kenya, Ethiopia, Uganda and Tanzania. Together with local project partners on the ground, Biovision can now do more for the productivity of smallholder agriculture and for the preservation of natural resources than ever before. In the six priority programmes Information Dissemination, Advocacy as well as Human, Animal, Plant and Environmental Health a total of more than 3.5 million Swiss Francs were invested in 32 projects - again an increase in contributions to our projects over the year before. 61 percent of these funds were entrusted to us through individual private donations.
The continuous growth of Biovision confirms to us that our step-by-step strategy with strong partnerships and our transparent communication is paying off.
The efficient use of resources is paramount to Biovision. Thus in the last five years we invested on average 79% of our funds into projects; 21% went into administration and fundraising. Good financial stewardship and transparency will continue to be a cornerstone for our decisions.
Application of funds 2007–2011 (in Swiss Francs)
12% Fundraising and Communication
9% General Administration
Source of funds 2007–2011 (in Swiss Francs)
50% Individual donors
11% Membership dues
25% Foundations and companies
14% Government agencies
As a ZEWO-certified foundation, Biovision fulfills the accounting regulations for non-profit organisations in Switzerland. Furthermore our financial accounting adheres to the Swiss GAAP FER 21 principles for non-profit organizations and is audited by external auditors.
In its fundraising, Biovision is committed to the ethical guidelines of "Swissfundraising".
Donations to Biovision are tax-deductable in Switzerland, and maybe in other countries depending on tax laws. Biovision has obtained a legal opinion that it is equivalent to a Section 501(c)(3) public charity in the US.