Financial transparency

In the context of a backdrop of controlled budget growth and diversification of our funding sources, I4CE’s budget continues to rise in 2025: it stands at €5.1 million, up by nearly 4.4 per cent year-on-year.

I4CE’s expert reports are produced in-house, as reflected in the year’s expenditure: 81 per cent of expenditure goes towards funding the I4CE team (experts, administration, communications, management), whilst 8 per cent covers other project-related expenditure and 11 per cent covers operating costs.

As regards I4CE’s funding, nearly 51 per cent of it comes from core funders, notably Caisse des Dépôts, who support the Institute’s overall mission rather than specific projects. This core funding is essential: it enables I4CE to develop new activities, initiate innovative projects, and retain full autonomy in defining its research priorities. It also allows the Institute to invest time in disseminating and explaining its work.

 

I4CE safeguards the independence of its research. The Institute respond to calls for tenders only when they are consistent with our priorities. Funders do not define our work programme and do not validate our publications. I4CE retains full responsibility for its analysis and outputs.

 

Annual accounts in 2025

 

 

 

 

 

 

 

In addition to this core funding, I4CE benefits from project-based funding, which is targeted on specific projects. Many of the project-based funders have been collaborating with I4CE for many years. As a result, the institute gains visibility on its funding and is able to build a relationship of trust with its funders.

 

 

List of 2025 donors
The type of donor is determined by the origin of the funds granted to I4CE.

 

     

 

 

Annual accounts

The accounts within this financial report have been certified, without reservation, by the auditing firm Ecovis, represented by Mr Magnier, as of 31 December 2024. These accounts were presented and approved by the Board of Directors on 27 May, 2025 and approved, on the same date, by the General Assembly.
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