Since the IFR4NPO initiative was launched in July 2019, our focus has been on establishing the project’s credibility, engaging with diverse stakeholders internationally, and developing technical content for the Consultation Paper, with input from our Advisory Groups. With a view to long term sustainability, the project was also keen to establish appropriate governance structures in the form of a Steering Group.
From a standing start launch in July 19, and receipt of the first funds in September, the project has achieved an extraordinary amount in terms of building consensus the objectives, securing interest from people in 83 countries, and formulating the issues and questions for the consultation paper with input from advisory group members around the globe.
Expenditure to 30 June 2020 totalled $490,663.
The project has so far secured $1 million in grant funding, being $500,00 each from the Open Society Foundations and the Ford Foundation. We are grateful that they shared and supported our vision for a stronger and more accountable and resilient sector. The full 5 year project budget is forecast at $4.5 million.
IFR4NPO also recognised $68,604 in donations-in-kind, being 134.5 days (valued at $400) of technical professional time given in the Advisory Groups, and $14,804 in travel related costs to attend Advisory Group meetings.
See the IFR4NPO Project report to June 2020 here