Finances

Income

2019 was a record year for Biovision, with an income of 9.95 million Swiss francs. There was a marked increase in the income received from individual private donors, and in specially earmarked contributions provided by institutional partners. As part of our institutional partnership with the Swiss Agency for Development and Cooperation (SDC), we received a contribution of 1.165 million Swiss francs to our programme. In 2019, Biovision was left legacies amounting to 413,339 Swiss francs in total and, just like last year, an increase was also reported in the membership fees paid by donors, which totalled 1.08 million Swiss francs. We would like to take this opportunity to thank our loyal donors from the bottom of our hearts. Your contributions provide the foundation for our independence. Added to the project and programme contributions received from our institutional partners and from the SDC, they produce a broad funding base; this allows us to deliver a robust medium-term plan for a sustainable commitment to our key areas of concern – in Switzerland, globally, and in association with our project partners in sub-Saharan Africa.

Project expenditure

Biovision invested about 7.5 million Swiss francs in projects during 2019. This represents a reduction in funding of about 7 % compared with the previous year. However, we had budgeted for lower project contributions than were reported in 2018’s record Jubilee Year; some new projects were also delayed, which resulted in a temporary reduction in the demand for funding last year. In addition, since autumn 2019, Biovision has been represented by a skilled team in a branch set up in Geneva; this can now also raise awareness of sustainable consumption within the French-speaking areas of Switzerland, and maintain good contacts with international decision-makers in order to drive forward the transformation of agriculture. We are particularly pleased about this expansion which takes us beyond linguistic boundaries.

Collective expenditure

Fundraising expenditure is calculated in accordance with the current ZEWO regulations. The spending on fundraising expenditure and promotion was about 1 million Swiss francs, which represents 10.5 % of Biovision’s overall outgoings. This expenditure contributes to the sustainability of our work because independence is a precious asset for Biovision, and we can only retain that independence if we obtain funding from diverse sources and a strong donor base.

Fundraising and Marketing Expenses

Fundraising expenditure is calculated in accordance with the current ZEWO regulations. The spending on fundraising expenditure and promotion was about 1 million Swiss francs, which represents 10.5 % of Biovision’s overall outgoings. This expenditure contributes to the sustainability of our work because independence is a precious asset for Biovision, and we can only retain that independence if we obtain funding from diverse sources and a strong donor base.

Administrative Expenses

In the business year under review, administrative expenditure was about 1.1 million Swiss francs. This represents 11.5 % of Biovision’s overall expenses.

Result

In 2019, Biovision recorded a positive result following changes to the fund, reporting a surplus of 326,083 Swiss francs. The positive balance will be allocated to free reserves.

Performance indicators 2019:

 


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.