Financial transparency

Our 2025 financial statements

Each year, the financial report is presented and voted on by the association’s members at the general meeting. It is then sent out to donors and published on AVSF’s website.

Total project expenditures amounted to €18.4 million, representing a slight increase of 7% compared to 2024.

Public grants, including the partnership agreement and cross-cutting funding we receive from the French Development Agency (AFD), continue to account for the majority of our funding (78%). However, funds raised from individual donors totaled €1.9 million, representing 6% of total resources.

83% of our funds are allocated to our projects (€20.6m budget)

We are continuing our policy of creating sensible budgets, which, combined with increasingly rigorous monitoring of spending, allows us to keep our accounts balanced.

A certification earned through trust

AVSF manages all donations rigorously and transparently, and has been accredited by the “Don en Confiance” certification since 2006. This accreditation confirms AVSF’s sound practices with respect to internal monitoring, code of ethics, traceability of funds, and monitoring and evaluation of the effectiveness of our projects. It’s a symbol of trust for donors.

The recognition was renewed for three years in 2024.