The accounts as at 31/12/2017 have been certified unreservedly by our auditor, Ecovis represented by Mr. Magnier. These financial statements were presented and approved by the Board of Directors on May 24, 2018 and approved by the General Meeting on the same date.

In 2017, obtaining unrestricted CDG development Marocco funding underlines the internationalization of the association’s resources, in line with the strategy desired by the I4CE Board of Directors.

The year was also marked by the recognition by the tax administration of the general interest character of I4CE, which allows it to issue tax receipts for donations received by its patrons.

The lucrative sector represents 4% of the resources of the year. This insignificant level does not call into question the general interest character of the association.

Public donors

Private donors

The expenses for the year are divided between:

• Researchers for 55% of expenditures and outsourcing of research for 3% of expenditure
• Travel and other project expenses (4%) and project support functions (8%)
• The valuation of projects (events, publications, communications) (9% of expenses)
• The operating costs of the association: external providers (2%), rent, IT and other operating expenses (10%) and the governance functions of the association for 10% of expenses.