FUNDING

MdM is committed to the principles of financial management.

RIGOROUS MANAGEMENTAND FINANCIAL TRANSPARENCY

MdM is accredited by the International Committee on Fundraising Organisations (ICFO) and operates in strict compliance with the ICFO Charter, notably its principles of rigorous management and financial transparency.

AUDITS BY EXTERNAL ORGANISATIONS

MdM is subject to controls by the French public audit office (Cour des Comptes). Our accounts are certified by our statutory auditors, Deloitte.

Other in-depth audits are carried out by public funding agencies, whether French (in particular, the French Development Agency), European (especially ECHO, the European Commission’s humanitarian agency) or international (such as the United Nations).

DONORS’ COMMITTEE

An independent donors’ committee regularly analyses and reviews MdM’s work.

AUDIT COMMITTEE

In order to improve the efficiency of our organisation, an audit committee and an internal audit department were established in 2019. The committee consists of members of the board of directors and two qualified external experts, including the president. It assists with the board of directors’ decision-making processes and is tasked with issuing opinions on the quality of MdM’s financial information, risk management, internal controls and internal audit.

FINANCIAL SCOPE

The financial results of MdM France include transactions with other association members of MdM’s International Network: MdM Belgium, MdM Canada, MdM Germany, MdM Japan, MdM Netherlands, MdM Spain, MdM Sweden, MdM Turkey, MdM United Kingdom and MdM United States.

Our full financial report is available on our website:

medecinsdumonde.org

MDM-FRANCE EXPENDITURE/INCOME

Expenditure*

83.5% social programmes 12.7% fundraising 3.8% operating costs

Income*

43.6% public donations 51.5% grants from public institutions 3.6% private grants and other private funds 1.3% other

* Excluding changes in provisions and dedicated funds