Annual Report for Donors | Flanders Marine Institute
 

Flanders Marine Institute

Platform for marine research

Annual Report for Donors

VLIZ thanks all the donors,members and sponsors of The Sea as a Good Cause sincerely for their support. With your gift we can push the boundaries in helping the seas and ocean! More information on how your donation is being used can be found here.

How was your gift used in 2021?

All activities realised in the past year thanks to The Sea as a Good Cause, VLIZ philanthropy, are summarised in an 'Annual Report for Donors' (only in Dutch). You can receive a printed version by sending your postal adress to .

Incomes in 2021

  • Projects and grants: 15.288 EUR (23%)
  • Membership fees: 24.780 EUR (38%)
  • Donations: 19.643 EUR (30%)
  • Sea&Science collection: 4.721 EUR (7%)
  • Other incomes: 1.111 EUR (2%)

Total: 65.543 EUR

 

Expenses in 2021

  • Brilliant Marine Research Ideas: 20.670 EUR (60%)
  • WoRMS-editors: 2.010 EUR (6%)
  • Fundraising: 5.562 EUR (16%)
  • Sea&Science collection: 4.232 EUR (12%)
  • Administration: 2.044 EUR (6%)

Total: 34.517 EUR

 

Transfer to 2022

Some amounts are reserved for expenses in 2022, i.e. the built up reserves of WoRMS editors and Marine Life in Chile, as well as the payment of the final amounts of the Brilliant Marine Research Idea grants 2021.
The corona years prevented the roll-out of new projects. The financial reserve built up will be invested in marine research in the coming years.

Transparancy

Your gift will be used to support projects that benefit the sea. You can rest assured that this is done transparently.

  • The Flanders Marine Institute (VLIZ) vzw values a code of ethics for fundraising. You have a right to information.This means that donors, volunteers and staff are at least informed annually of what was done with the acquired funds via a annual report for donors (only in Dutch).
  • You can see our complete financial statements on the website of the National Bank or on the website of the King Baudouin Foundation.
  • Our accounts are audited annually by an independent auditor.

You can contact us with any questions about the use of your gift.
Karen Rappé, contact Philanthropy VLIZ at +32-(0)59-34 14 94 or via .