About Us - Finance - title
Insights into IofC UK finances

Today four main sources of income for Initiatives of Change in the UK are (2004 figures):

Donations from individuals (22%)

Legacy gifts (49%)

Donations from grant making trusts (6%)

Income from investments (19%)

Steven Greisdorf with planning group in Caux

100% of the money donated by supporters can be used to support a variety of projects, since investment income covers the management and administrative costs of the work.

2004 IofC UK expenditure
Programme/campaign (UK) - £323,000
Programme/campaign (Overseas) - £530,000
Management and administration - £89,000
Grants to other charities - £10,000
Other costs - £66,000
TOTAL: £1,018,000

2004 IofC UK income
Gifts and donations - £326,000
Legacies - £585,000
Investment income & interest - £228,000
Other income - £45,000
TOTAL: £1,184,000

Ways of giving