From choice, a world of possibilities

Financial
Statements
2008

Published in May 2009 by

International Planned Parenthood Federation
IPPF
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IPPF is a global service provider and a leading
advocate of sexual and reproductive health
and rights for all. We are a worldwide
movement of national organizations working
with and for communities and individuals.
IPPF works towards a world where women,
men and young people everywhere have
control over their own bodies, and therefore
their destinies. A world where they are free to
choose parenthood or not; free to decide how
many children they will have and when; free
to pursue healthy sexual lives without fear of
unwanted pregnancies and sexually transmitted
infections, including HIV. A world where gender
or sexuality are no longer a source of inequality
or stigma. We will not retreat from doing
everything we can to safeguard these
important choices and rights for current
and future generations.

Cover
• IPPF/ Chloe Hall/ Bulgaria

Back cover (L-R)

• IPPF/ Chloe Hall/ Indonesia
• IPPF/ Jacob Silberberg/ Venezuela
• IPPF/ Chloe Hall/ Ethiopia

Inside pages
P4 IPPF/ Chloe Hall/ Mauritania
P5 IPPF/ Jenny Matthews/ Bangladesh
P7 IPPF/ Chloe Hall/ Syria
P9 IPPF/ Chloe Hall/ Mauritania
P10 Irish FPA/ Ireland
P11 IPPF/ Chloe Hall/ Bulgaria
P12 IPPF/ Arushi Singh/ Nepal
P14 IPPF/ Chloe Hall/ Denmark
P17 IPPF/ Nichole Sobecki/ Bolivia
P19 IPPF/ Jane Mingay/Rwanda
P21 IPPF/ Peter Caton/ India
P67 IPPF/ Jacob Silberberg/ Venezuela
Contents

Executive summary 2
Annual report of the Governing Council 4
Report of the independent auditors to the Governing
Council of the International Planned Parenthood Federation 20
Statement of financial activities 22
Balance sheets 23
Cash flow statement 25
Notes to the financial statements 27
Contacts 62
2 IPPF Financial Statements 2008

Executive summary

Income in 2008 of Figure 1: IPPF Income 2003-2008

US$119.6 Million US$m

Income received from governments, 120

foundations and other sources has
100
increased over the past five years by
37%. On average receipts from major 80
donors have risen by 5.6% year on
year in local currency terms. The slight 60
fall in income in 2008 is caused in part
40
by the strengthening of the US dollar,
which has impacted on the value of 20
receipts in other currencies in the latter
stages of the year. This is coupled with
2003 2004 2005 2006 2007 2008
a reduction in restricted income from
multilaterals and other sources.
Donors continue to support
unrestricted activities with over 72%
Figure 2: Expenditure in 2008 of US$121.4 Million
of funds being available for IPPF to
allocate to Strategic Priority areas. A. Grants to Member Associations E
D F
B. Programme activities C
C. Support costs

D. Fundraising
Expenditure in 2008 E. Governance A
B
of US$121.4 Million F. Trading company
Expenditure on grants to Member
Associations and partner organizations
of US$71.4 million, an increase of over
15% from 2007.
The costs involved in raising resources
represents 2.9% of our expenditure.
 IPPF Financial Statements 2008 3

Audit opinion Figure 3: IPPF Governance Overview

Our auditors, KPMG LLP have Member Associations

provided an unqualified audit Volunteers from each Association elect their own governing body
opinion on our 2008 financial results.
All Member Associations
represented at Regional Council REC
members
elected
by RC Six Regional Executive
Six Regional Councils Committees
Meet once per year Meet three or four
times per year

Five volunteers from each region

elected to Governing Council

Audit Committee Governing Council Membership Committee

All regions represented, Thirty members meet All regions represented
meets twice per year twice per year meets twice per year

In May 2008, IPPF’s governance structure

Member Associations
was revised and the Regional Executive Volunteers from each Association elect their own governing body
Commmittee assumed increased
responsibility as shown.
All Member Associations
represented at Regional Council REC
members
elected
Six Regional Executive by RC
Six Regional Councils
Committees
Meets three times per year
Meets once a year

Five volunteers elected by each

Regional Council to Governing Council

Audit Committee Governing Council Membership Committee

All regions represented, Thirty members meet All regions represented
meets twice per year twice per year meets twice per year
4 IPPF Financial Statements 2008

Annual report of the

Governing Council
Introduction
The International Planned Parenthood Association. This brings the total
Federation (IPPF) is a global service number of countries in which IPPF
provider and a leading advocate of is working to 176.
sexual and reproductive rights for
The Member Associations of IPPF
all. IPPF is a worldwide movement of
are all autonomous and report
national organizations working with
independently, therefore their
and for communities and individuals.
accounts are not presented here.
IPPF currently has 151 Member
The accounts contained herein have
Associations. These Member Associations
been prepared in accordance with the
are working in 164 countries (the
Statement of Recommended Practice
Caribbean Family Planning Affiliation
(SORP), Accounting and Reporting
operates in 14 countries). In addition,
by Charities, as issued by the Charity
IPPF is active in a further 12 countries
Commission in 2005.
where there is not currently a Member

We are a worldwide movement of national organizations

working with, and for, communities and individuals.
 IPPF Financial Statements 2008 5

Structure, governance and management

Incorporated under a
Governing document Governance UK Act of Parliament,
IPPF was formed in 1952 and IPPF is governed by a Governing IPPF’s aims are the
incorporated in 1977 under a UK Council, composed of 30 volunteers
advancement of health
Act of Parliament: The International from the Membership Associations,
Planned Parenthood Federation Act and appoints a Director-General as and human rights.
1977. The Governing Council confirm its Chief Executive Officer responsible
that the Strategic Framework is in for managing the affairs of the
alignment with the purposes stated Federation as determined by the
in the Act. Governing Council.

Public benefit Governing Council members are

elected for a period of three years.
In April 2008 the Charity Commission
Each Regional Council elects five
guidance on Public Benefit was
members to serve as Governing
considered with the recommended
Council members and also elects a
self-assessment for the public benefit
Regional Executive Committee to
principles undertaken. The Governing
govern the affairs of the region. Each
Council confirm that the aims of
Member Association has a volunteer
the organization as stated in The
Board of Directors (elected by the
International Planned Parenthood Act
membership of the Association) and
1977 meet the charitable purposes
sends one or more as a delegate to
as outlined in The Charities Act
one of six Regional Councils.
2006. Specifically, IPPF is engaged
with purposes in relation to the The Governing Council meets twice
‘advancement of health or the saving per year, for three days at a time. This
of lives’ and the ‘advancement of Council has two sub-committees; the
human rights’. Membership Committee and the Audit
Committee which meet twice per year
As outlined in the Strategic Framework,
for one day at a time.
IPPF is engaged in purposes which
have general public benefit in the Following the election of a new
164 countries in which IPPF currently Governing Council, members receive
works with our Member Associations. a comprehensive induction pack
IPPF works through one organization outlining their responsibilities as
in each of these countries. Member UK charity trustees. In addition, an
Associations do not pay any fee to interactive session is held where
become or maintain their membership members are provided with materials
of the IPPF. Through the global in relation to strategy, policies and
indicators IPPF assesses its ability finances as well as practical elements
to meet the needs of the poor, concerning the role distinctions
marginalized, socially-excluded and/or between volunteers and staff.
under-served groups, ensuring that
those in poverty have the opportunity
to benefit from the services IPPF provides.
6 IPPF Financial Statements 2008

Through our Secretariat The responsibilities of the The Governing Council’s members are
responsible for the maintenance and
governing council
offices and Member Under charity law, the members of the
integrity of the financial and other
information included on the IPPF
Associations we Governing Council are responsible for
website. Legislation in the UK governing
preparing the Trustee Report and the
are promoting the financial statements for each financial
the preparation and dissemination of
financial statements may differ from
importance of IPPF’s year which show a true and fair view
legislation in other jurisdictions.
of IPPF and the results for that period.
work to human In preparing these financial Organization
development. statements, generally accepted IPPF has a Secretariat that carries
accounting practice entails that the out the policies and functions as
Governing Council members: approved by the Governing Council.
• Select suitable accounting policies The Secretariat has its headquarters
and then apply them consistently; in London and is divided into Central
and Regional functional units.
• Make judgements and estimates
that are reasonable and prudent; There are six Regional Offices: Africa
(Nairobi, Kenya), Arab World (Tunis,
• State whether the recommendations Tunisia), East/South East Asia and
of the Statements of Recommended Oceania (Kuala Lumpur, Malaysia),
Practice have been followed, subject Europe (Brussels, Belgium), South
to any material departures disclosed Asia (New Delhi, India), and Western
and explained in the financial Hemisphere (New York, USA). These
statements; Regional Offices all act as branches
• State whether the financial of IPPF, in accordance with The
statements comply with The International Planned Parenthood
International Planned Parenthood Federation Act 1977.
Act 1977, subject to any material The Director-General and Deputy
departures disclosed and explained Director-General are based in
in the financial statements; Central Office, London. There are
• Prepare the financial statements on six Regional Directors who report
a going concern basis unless it is to the Director-General together
inappropriate to presume that the with three Central Office Directors
group and the charity will continue and the Financial Director.
its activities; and IPPF has a trading subsidiary, Icon
• Safeguard the assets of IPPF and Ltd, based in Central Office, London.
hence take reasonable steps for the The company primarily engages in
prevention and detection of fraud commodity supply services, and the
and other irregularities. social marketing of contraceptives in
conjunction with Member Associations.
The Governing Council’s members
are required to act in accordance with Within the Western Hemisphere
The International Planned Parenthood Region there are two entities,
Act 1977, within the framework of the Regional Office, IPPF Western
trust law. They are responsible for Hemisphere Inc and a separate entity
keeping proper accounting records, used for investing significant bequests,
sufficient to disclose at any time, with the IPPF WHR Fund. The results of
reasonable accuracy, the financial both these entities are reported within
position of the charity at that time. these accounts.
This enables the Governing Council to
ensure that, where any statements of
accounts are prepared by them under
section 42(1) of The Charities Act 1993,
those statements of accounts comply
with the requirements of regulations
under that provision.
 IPPF Financial Statements 2008 7

Risk management • Risk management: there are • Internal audit: the internal
While no system of internal control processes in place for identifying, audit function, which has been
can provide absolute assurance against evaluating and managing significant outsourced to Haysmacintrye,
material misstatement or loss, the risks faced by IPPF. Each Regional assesses risks and reviews controls
IPPF risk management system has Office and the Central Office within IPPF; and
been developed to provide reasonable prepare individual risk maps. These
• Review: the Audit Committee is
assurance to the Governing Council risks are classified according to type
comprised of four members elected
that there are proper procedures in (governance, strategic, operational,
by Governing Council from a list of
place and that they are operating financial, compliance and external/
persons who are volunteer members
effectively. reputational). From these the
of a member organization but who
‘top 10 organizational risks are
The key elements of the system of are not members of Governing
identified’ with an assessment of
internal control are: Council, as well as the President and
the impact and likelihood of the risk
Treasurer. The Committee oversees
• Delegation: there is a clear occurring. Also identified are any
the adequacy of the system of
organizational structure with lines action still required to improve the
internal control, and ensures IPPF
of authority and responsibility for management of that risk and the
compliance with relevant statutory
control together with procedures person who will be responsible to
and other financial regulations and
for reporting decisions, actions undertake this. These are reviewed
advises the Governing Council of any
and issues; annually by the Audit Committee
relevant matters.
and the Governing Council who
• Reporting: the Governing Council believe that all the major risks to
approves and reviews the annual which IPPF is exposed have been
work programme budget and identified and reviewed and that
income predictions and monitors systems have been established to
actual and forecast income and mitigate those risks;
expenditure on a regular basis;

Global indicators enable

us to gauge how we are
meeting the needs of the
poor and marginalized.
8 IPPF Financial Statements 2008

In 2009 we are Objectives and activities

undertaking a Strategic framework In order to assess our progress against
mid-term review The November 2003 Governing each of the Five ‘A’s a series of Global
indicators were developed. These were
of progress in our Council approved the IPPF Strategic
gathered from Member Associations
Framework, 2005-2015. This
five priority areas: framework is built around five priority across the Federation and enable
IPPF to review, monitor and evaluate
adolescents/young focus areas called the Five ‘A’s:
performance against key goals.
people, HIV/AIDS, Adolescents/Young People:
Providing youth friendly services In 2009, IPPF is undertaking a midterm
abortion, access to meet the needs and rights of review of progress in implementing its
Strategic Framework since 2005. The
young people.
and advocacy. review will generate critical questions
HIV/AIDS: Increasing access to and stimulate discussion on how
prevention, care, support and implementation of the Framework
treatment globally, and to reduce can be modified to maximize results
barriers that make people vulnerable achieved in the second phase to 2015.
to infection.
Grant making procedures
Abortion: To advocate for the right
to safe abortion services and provide IPPF allocates resources using criteria
them to the fullest extent permitted relating to the level of need in each of
by law. the five strategic priority areas, using
internationally recognized data to
Access: Ensuring access to information assess these needs.
and services to improve sexual and
reproductive health with particular The Governing Council has established
focus on marginalized communities. the level of unrestricted funding which
should be allocated to each Region.
Advocacy: To strengthen recognition The Regions then make decisions on
of the importance of sexual and the individual funding to their Member
reproductive health within the context Associations. The highest priority is
of international development and to for the Africa and South Asia Regions
increase resources in support of sexual which are allocated 44.5% and
and reproductive health services. 16.0% respectively.
The Strategic Framework is not Unrestricted grants are awarded
intended to impose a rigid set on an annual basis with Member
of rules or constraints. Rather, it Associations submitting an Annual
embraces the diversity of situations Programme Budget which outlines the
Member Associations and Regions activities and funding in relation to
face. Underpinning the Five ‘A’s is the Strategic Framework. This process
a commitment to organizational is undertaken by many Associations
accountability, efficiency and using IPPF’s electronic Integrated
effectiveness. The accreditation system Management System (eIMS). Once
is dedicated to ensuring that Member approved, Member Associations
Associations are well governed and receive funding in five instalments
managed and that they provide during the year based on satisfactory
relevant up-to-date information and submission of half yearly and annual
high quality training and clinical reports, audited financial statements
services. There is also an emphasis and management letters. The Regional
on building Member Associations’ Offices act as the main agents in
capacity, and that of the Federation monitoring individual Member
as a whole, to develop the skills Associations and providing technical
and technical knowledge needed assistance as required.
to implement and resource the
new framework.
 IPPF Financial Statements 2008 9

In relation to restricted grants, these In 2008, a global project to

are organized for a diverse range of promote comprehensive sexuality We are committed to
donors and project activities and the education started for a period
Secretariat acts as the implementing of two years. The primary goal of
fostering a culture where
partner and reporting mechanism for this innovative advocacy project, sexuality and choice are
Member Associations receiving the funded by Danida, is to promote promoted and in which
funding. The specific procedures in comprehensive sexuality education
relation to issuing grants are guided and to ensure the integration and young people can lead
by the donor funding agreement. implementation of comprehensive, healthy sexual lives.
gender-sensitive and rights based
Areas of IPPF’s work sexuality education in the national
The following provides a brief curriculum. This project is based on
overview of some IPPF activities IPPF’s earlier activities and publications,
and achievements in 2008. Further including IPPF’s Framework for
information is available from our Comprehensive Sexuality Education
website (www.ippf.org) and in our and ‘From Evidence to Action’:
Annual Performance Report which has IPPF’s advocacy tool to promote
more extensive information regarding comprehensive sexuality education’.
each of the strategic areas, case The project includes training of staff
studies highlighting achievements in and young volunteers, developing
a range of Member Associations and networks and awareness raising with
commentary on the outcome of the teacher and parents organizations
2007 global indicators. and working closely with the
Ministries of Education, especially
Adolescents & young people with the departments of curriculum
IPPF is wholly committed to fostering a development.
culture where sexuality and choice are In May 2008, the Governing Council
promoted and in which young people of IPPF approved the revised policy
can lead healthy sexual lives and on men and sexual and reproductive
firmly believes that human and sexual health. The policy emphasizes the
rights apply to all people irrespective importance of working with men
of religious context. In IPPF’s review and boys, as clients, partners and
of Adolescent Youth Programming in agents of change in our efforts to
2006/2007, this issue was identified meet the goals and objectives of the
as one of the key challenges for the Federation’s Strategic Framework.
Federation in moving the agenda of This applies to males of all sexual
the Adolescent Framework forward. orientations, including those who
In November 2008, IPPF held a have sex with other men (homosexual,
meeting with young volunteers and bisexual and transgender) and
staff from all parts of the world with regardless of HIV status. By this new
the theme ‘Faith, Religion, Sexuality policy, the Federation also recognises
and Young People’. The main aim the importance of early intervention to
of the meeting was to explore how foster healthy sexual health attitudes
the Federation can better serve young and behaviours among boys and
people who live in different religious young men.
settings and contexts. The meeting
provided an opportunity for young
people to share and listen to each
other on sensitive issues. This initiative
will be replicated at regional, national
and local levels in the Federation.
10 IPPF Financial Statements 2008

HIV/AIDS that links prevention with treatment, and implementation of the stigma
Over the past year, IPPF has been care and support and responds to index is underway in 11 countries in
at the forefront of efforts to ensure the unique regional and national 2008–2009 including Bangladesh,
that a comprehensive response to characteristics of the epidemic. China, the Dominican Republic,
HIV is situated within a larger sexual Ethiopia, Kenya, Nigeria, Pakistan,
Addressing HIV related stigma and
and reproductive health framework. Rwanda, Thailand, UK and Zambia.
discrimination through services and
To build the evidence base to support
advocacy is an essential component of Abortion
stronger linkages between SRH
our work. In partnership with UNAIDS, Many IPPF Member Associations
and HIV programmes, IPPF has, in
the Global Network of People Living work in challenging socio-political
collaboration with UNFPA, WHO and
with HIV (GNP+) and the International environments in relation to abortion.
UNAIDS, and in partnership with the
Community of Women living with However, over the last year IPPF made
Cochrane Collaboration HIV Review
HIV and AIDS (ICW), IPPF began important strides in preventing unsafe
Group, conducted a systematic
scaling up the People Living with abortion-related maternal morbidity
review. The findings of the review
HIV Stigma Index. Extensive regional and mortality and continues to invest
indicated that, despite diverse settings
work was carried out to ensure the in increasing access to safe abortion
and clients, the majority of studies
development of the necessary global services as part of a comprehensive
showed that linking SRH and HIV
systems and structures have been put sexual and reproductive health package.
leads to an increase in access to and
in place to support the subsequent
uptake of services. These services In support of high quality safe abortion
national research with the stigma
include HIV testing, health and service provision and evidence based
index. Key achievements include
behavioural outcomes, condom advocacy for increasing access to
the development of seven bespoke
use, HIV and sexually transmitted abortion care, two important
regional training workshops bringing
infection knowledge and overall publications were produced and
together over 80 organisations and
quality of service. disseminated:
70 different countries. National rollout
Through all its programmes IPPF seeks
to strengthen and expand the HIV
competency of our staff, volunteers
and partners to confront the most Last year we made important strides in preventing unsafe
complex of issues in relation to the abortion-related maternal morbidity and mortality.
epidemic. IPPF’s HIV Competencies
Workshop took place in Mexico City
and brought together the 20 HIV
Global Focus HIV Member Associations
with Regional and Central Office staff
to build collective HIV competency
through sharing experiences and
best practice. Technical areas that
were highlighted ranged from
positive prevention and scaling up
the prevention of mother-to-child
transmission services to addressing the
criminalization of HIV transmission and
the meaningful involvement of people
living with HIV in IPPF’s programmes
and governance structures.
IPPF is increasingly recognized as a
pioneer of the linkages agenda and
was well represented at the 17th
International AIDS Conference with
more than 85 IPPF delegates involved
in skills-building and satellite sessions;
and oral and poster presentations.
Under the theme of ‘Tried and Applied’
the IPPF team distributed over 10,000
condoms and over 5000 publications.
IPPF sought to place its work as part of
a coherent response to HIV and AIDS
 IPPF Financial Statements 2008 11

The “First Trimester Abortion Access

Guidelines and Protocols: Surgical Ensuring provision of access to high Access to high quality
and Medical Procedures” provides quality sexual and reproductive health
a broad framework to ensure that no services is at the heart of IPPF’s work.
sexual and reproductive
aspect of care is overlooked when The Access ‘A’ buttresses the other health services is at the
providing comprehensive abortion four strategic priorities, considering heart of our work.
care in the first trimester of pregnancy who IPPF serves and the best way
and supports service providers to offer to serve them.
high quality, client-centred abortion
To ensure that service providers
and abortion-related services.
across the Federation have access
“Access to Safe Abortion, to the most up-to-date and highest
A Tool for assessing Legal and quality information, Central Office
Other Obstacles”, encourages the staff continued to maintain the
exploration of national laws and partnerships with key institutions such
policies relating to safe abortion, as FIGO, WHO, and UNFPA and hosted
thereby informing advocacy activities two International Medical Advisory
and helping to ensure access to Panel (IMAP) meetings in 2008.
services to the fullest extent of the law. IMAP focused its efforts on revising
statements relating to violence against
The global project on comprehensive
women and family planning in crisis
abortion care, which seeks to
situations, additionally, they considered
increase the capacity of member
a new statement on the linkages
associations to provide high quality,
between SRH and HIV. IMAP members
safe abortion services, was expanded
remained available to comment
to include 14 projects in the European
on ad hoc technical and medical
Network, Africa Region, the Arab
questions throughout the year. The
World Region, Armenia, Bangladesh,
dissemination of the quarterly IPPF
Burkina Faso, Mongolia and Morocco.
Medical Bulletin to a wide internal
An important component of this and external audience ensured that
project is to introduce a new clinical IPPF held its place as a vital source of
management information system SRH information for service providers
(CMIS) to Member Associations’ around the world.
clinics. The system seeks to make
Another landmark Access initiative in
the collection, analysis and use of
2008 was the adoption, publication,
service statistics more efficient and
and dissemination of Sexual Rights:
enables programmatic decisions to be
An IPPF Declaration. The document
informed by clinical data. The system
embodies IPPF’s rights-based approach
has been successfully pilot tested in
to service provision and further
the clinics in Nepal and Indonesia
grounds our work in a human rights
and is expected to be rolled out to
framework. The Declaration was
the other project locations in 2009.
approved by Governing Council in
Moreover, it is intended that the
May 2008, and copies were in the
learning and experiences gained from
hands of Member Associations by
its use in the Global Comprehensive
the year’s end. Substantive work
Abortion Care project will contribute
on the implementation of sexual
to its effective implementation across
rights principles will continue in
the Federation in the future.
the coming years.
Through these interventions IPPF
Lastly, efforts began in 2008 to
continues to establish itself as an
develop a new set of essential
important provider and advocate
standards for SRH service provision.
of safe abortion services.
Following on from the Quality of Care
project, which ended three years ago,
this initiative seeks to integrate quality
assurance and service expansion
efforts into the core, sustainable
business of IPPF.
12 IPPF Financial Statements 2008

Advocacy Merron, MP, Parliamentary Under Accreditation

IPPF continues to influence global Secretary of State for International IPPF launched a systematic and
policy making and plays an important Development. At the UN High Level comprehensive accreditation system
role in raising the profile of sexual Event on the Millennium Development in 2003. This scheme reviews and
and reproductive health on the Goals (MDGs), IPPF collaborated measures the extent to which all
international development agenda, with governments, civil society Member Associations comply with
protecting legislation and policies that organizations and the private sector IPPF’s 65 essential standards of
support sexual and reproductive health to raise the profile of MDGs 4 and 5. membership. These standards cover
and rights. In recognition of IPPF’s contributions issues of governance, management,
towards MDG 3, specifically for programming and service delivery. The
IPPF submitted official statements
our work around sexual rights, the accreditation reviews continued during
to the UN Commission on the Status
Government of Denmark awarded 2008 and the total number of reviews
of Women and the UN Commission
IPPF an MDG 3 Champion Torch. carried out since 2003 now stands at
on Population and Development and
141. At the end of 2008, 91 Member
participated at both events to ensure IPPF helped form the ICPD+15
Associations had received IPPF
that sexual and reproductive health Working Group of the UK Sexual
Accreditation. The Secretariat staff
and rights were fully incorporated into and Reproductive Health and Rights
continues to work with the remainder
respective outcome documents. IPPF Network, and is a member of the
in order to resolve outstanding issues.
also made substantial contributions Network’s working group for maternal
to the preparation process and health and sits on its Steering A revised accreditation system was
attended the 4th Tokyo International Committee. IPPF also gave evidence approved by IPPF Governing Council
Conference on African Development at UK parliamentary hearings on in May 2008. The streamlined system
(TICAD IV) in May. As a result, the maternal morbidity. is organized around ten principles
TICAD outcome document includes covering 49 membership standards
IPPF Central Office is also piloting a new
strong commitments to global health, asking Member Associations to
model of advocacy through Member
with emphasis on maternal and child be: open and democratic; well
Associations in 10 countries. Member
health including family planning and governed; strategic and progressive;
Associations are advocating with their
sexual and reproductive health. IPPF transparent and accountable; well
governments for greater commitments
played an important role in linking managed; financially healthy, a good
to sexual and reproductive health
non-governmental organizations and employer; committed to results;
services and supplies, in part through
UN agencies around this global event. committed to quality, and a leader
increased resource allocations and the
In London, IPPF organized a successful in the sexual and reproductive health
implementation of supportive policies.
World Population Day reception in and rights movement in the country.
There have been some impressive
July, which included keynote speeches Accreditation reviews using the revised
outcomes, such as in Nigeria, where the
by Sarah Brown, Patron of the White system will start in 2009.
national government has increased its
Ribbon Alliance and wife of Prime
efforts to reduce maternal mortality.
Minister Gordon Brown, and Gillian

We continue to influence
global policy, raising
the profile of sexual
and reproductive health
on the international
development agenda.
 IPPF Financial Statements 2008 13

Achievements and performance

Global Indicators This is an opportunity for us to engage 30 global indicators. These
IPPF seeks to demonstrate to donors in dialogue on progress made in are summarized below. Further
and other stakeholders our collective meeting the goals and objectives information showing regional
achievements and performance. of our Strategic Framework, and on results and greater details are
On an annual basis IPPF holds a the future programme and funding provided in the Performance Report.
Donors’ Meeting with representatives challenges. In December 2008 IPPF
The 30 global indicators are:
from each of our large donors published the Annual Performance
(governments, foundations). Report, including the results for
Latest
results
ADOLESCENTS (2005) (2007)
1 Proportion of Member Associations with 20% or more young people aged under 25 on their Governing Board 16.7% 42.2%
2 Percentage of Member Association staff who are under 25 years of age 4.0% 4.4%
3 Proportion of Member Associations providing sexuality information and education to young people 95.2% 93.9%
4 Proportion of Member Associations providing sexual and reproductive health services to young people 93.7% 95.2%
5 Proportion of Member Associations advocating for improved access to services for young people 98.4% 98.6%
Number of sexual and reproductive health services (including family planning) provided to young people
6 7,869,331 15,356,348
under 25 years of age
HIV and AIDS
7 Proportion of Member Associations with a written HIV and AIDS workplace policy 7.9% 50.3%
8 Proportion of Member Associations providing HIV-related services along the prevention to care continuum 3.2% 40.1%
Proportion of Member Associations advocating for increased access to HIV/AIDS prevention, treatment and
9 31.0% 53.1%
care, and reduced discriminatory policies and practices for those affected by HIV and AIDS
10 Proportion of Member Associations with strategies to reach people particularly vulnerable to HIV infection 69.8% 75.5%
Proportion of Member Associations conducting behaviour change communication activities to reduce stigma
11 66.7% 71.4%
and promote health-seeking behaviour
12 Number of HIV-related services provided 1,320,599 3,287,697
13 Number of condoms distributed 97,855,691 125,601,990
ABORTION
Proportion of Member Associations advocating for reduced restrictions and/or increased access to safe
14 74.6% 66.7%
legal abortion
Proportion of Member Associations conducting IEC/education activities on (un)safe abortion, the legal
15 43.7% 56.5%
status of abortion and the availability of legal abortion services
16 Proportion of Member Associations providing abortion-related services 82.5% 85.7%
17 Number of abortion-related services provided 219,229 652,010
ACCESS
Proportion of Member Associations conducting programmes aimed at increased access to SRH services
18 78.6% 89.1%
by poor, marginalized, socially excluded and/or under-served groups
Estimated percentage of Member Associations clients who are poor, marginalized socially excluded
19 56.6% 59.8%
and/or under-served
20 Number of Couple Years of Protection (CYP) 6,121,077 7,585,595
21 Number of contraceptive services provided 17,335,608 24,807,708
22 Number of non-contraceptive sexual and reproductive health services provided 13,416,374 21,236,517
23 Number of service delivery points 58,470 55,920
24 Proportion of Member Associations with gender-focused policies and programmes 72.2% 70.7%
25 Proportion of Member Associations with quality of care assurance systems, using a rights-based approach 65.0% 77.6%
ADVOCACY
Proportion of Member Associations involved in influencing public opinion on sexual and reproductive health
26 71.4% 80.3%
and rights
Proportion of Member Associations involved in advancing national policy and legislation on sexual and
27 90.4% 88.4%
reproductive health and rights
Number of successful national policy initiatives and/or positive legislative changes in support of sexual
28 51 47
and reproductive health and rights to which the Member Association’s advocacy efforts have contributed
29 Proportion of Member Associations involved in counteracting opposition to sexual and reproductive health and rights 80.2% 82.3%
Proportion of Member Associations advocating for national governments to commit more financial
30 86.5% 85.7%
resources to sexual and reproductive health and rights
14 IPPF Financial Statements 2008

Resource mobilization The results from the 2005 data acted

as a benchmark in order to monitor
its execution. This communication
includes policy dialogue and requests
increases the value annual performance in future years for funding.
and as can be seen in most indicators
of financial support there have been positive improvements
The Resource Mobilization teams,
based in the seven secretariat
for the sexual and to 2007. The 2008 data is not available
offices, work to build a sustainable
at the time of approving these
reproductive health accounts. The results will be available
platform of support from traditional
and new funding sources. This
and rights movement in October 2009 and published in
includes strengthening links within
the IPPF Annual Performance Report
globally, as well as for 2008–2009.
existing funding markets, particularly
governments, while breaking ground
the Federation. Resource mobilization in modern funding markets for the
future development and innovation of
Resource mobilization at IPPF is
its resource mobilization programme.
aimed at increasing the value of
The staff involved are required to
financial support for the sexual
compile funding proposals and regular
and reproductive health and rights
progress reports. With many individual
movement globally as well as for the
restricted projects at any one time,
Federation. Through the combined
significant efforts are made to ensure
efforts of the seven Secretariat
that donor funding requirements are
offices and the Member Associations
complied with, and that reporting is
credibility is built for the issue,
provided on a timely basis.
ensuring its relevance to major
funding agencies. This is achieved In 2007 (the latest available figures)
by strengthening our networks and the total income for our grant receiving
increasing the recognition of the Member Associations was US$281.7
importance of IPPF’s work to human million (2006: US$262.7million). Of
development. this funding, IPPF represented 22%,
local income was 64% with other
Resource mobilization has a key role
international sources providing 14%.
in maintaining donor confidence and
With funding increasingly moving
financial support for the Federation.
to the country level the resource
The Department is the key focal point
mobilization efforts of the Member
for developing the strategic direction
Associations will be essential to their
of communication with both existing
long term financial sustainability.
and potential donors and coordinating

With funding increasingly moving to country level,

the efforts of our Member Associations are central
to long-term financial stability.
 IPPF Financial Statements 2008 15

Financial review
Statement of reserves Unrestricted funds are designated environmental or ethical considerations
The members of the Governing at the discretion of the trustees. The are placed on the investment
Council have reviewed the level of largest designated fund relates to the managers.
reserves. Note 16 to the financial Western Hemisphere Sustainability
IPPF continues to closely monitor the
statements shows the funds of IPPF. Fund. This fund of US$20.8 million was
performance of their investments and
This indicates the split of reserves created in 2002 following the receipt
in 2008 the fall in the stock market has
between the general, designated, of a legacy for use in the Western
had a significant impact on the value
restricted and endowment funds. Hemisphere Region, as such it has
of investments reducing their value by
been designated for that purpose.
In May 2008 the members of the $6.5m. A benchmark of (28%) yield
Since 2002 further legacies have
Governing Council approved a return (net of fees) was set for the
been added to the fund.
target general reserve balance of GMO Balanced Allocation Strategy in
35% of the next year’s (4.2 months) Statement on investments 2007. Actual performance at (19.5%)
approved unrestricted expenditure. was above the target benchmark.
There are no restrictions under the
This level of reserves recognizes that 1977 Act in relation to the charity’s Cash
in an increasingly uncertain economic powers to invest. IPPF currently hold Regular cash-flow predictions for
environment IPPF needs to ensure it investments in terms of shares and both unrestricted and restricted
can meet its commitments to Member securities as well as cash deposits. income and expenditure are prepared.
Associations and the Secretariat Given the historical timing of receipts
(Regional and Central Offices). The Shares and securities
the level of cash on deposit varies
reserve balance also ensures that IPPF All shares and securities held are
significantly during the year. In order
can provide funding in the first half traded on the New York Stock
to obtain sufficient returns on such
of the year, as the majority of annual Exchange. The Western Hemisphere
balances, yet allowing for reaction
unrestricted government grants are Regional Board have appointed an
to emergencies, surplus liquid assets
received in the second half of the year. Investment Committee to monitor
are placed on short-term deposit on
these investments. The Committee
At the time of approving the 2009 a weekly basis. Investment options
is comprised of seven members
budget in November 2008, the are regularly reviewed and IPPF have
independent of the Board and who
general reserve at 1 January 2009 was identified deposit accounts which
have relevant investment experience.
estimated to be US$37.7 million. The allow the maximum interest to be
A review of the investment managers
unrestricted expenditure programme generated from cash balances whilst
performance was undertaken during
budget approved for 2009 is US$84.1 giving the flexibility of access to
2004 and following a tender review
million. The general reserve therefore those funds at short notice and these
of four managers, Merrill Lynch Asset
reflected 45% against our ideal accounts are used when the cash
Management were replaced on the
position of 35%. The actual level of reserves warrant such investment.
majority of the portfolio by GMO
the general reserve at 1 January 2008 (Grantham, Mayo, Otterloo & Co).
was US$36.0 million. This represents The investment managers provide
43% or 5.1 months of the budgeted quarterly performance reports to the
2008 unrestricted expenditure. This Investment Committee detailing all
reserves position reflects the effect of asset information as well as investment
favourable exchange rate movements returns against appropriate indices.
in recent years, which have begun to The investments within the GMO
reverse in the final quarter of 2008 Balanced Allocation Fund are held
with the strengthening of the US in at least 65% equities (28% USA,
Dollar. The budget for 2009 anticipates 6% emerging markets and 31%
a further reduction in reserve levels, other countries) and at least 35%
and IPPF expects reserve levels to fall fixed income. No specific social,
to 35% in the medium term.
16 IPPF Financial Statements 2008

Financial summary Grants from multilaterals and other The largest designated reserve
During 2008, IPPF provided US$71.4 income sources amounted to US$23.0 (US$20.8 million) relates to a
million to Member Associations and million compared with US$28.9 million substantial individual legacy received
partner organizations in the form of in the previous year. The support of by Western Hemisphere Region in
grants. Through the Regional and a number of US Foundations who 2002 which is being invested and the
Central Offices a further US$29.6 provide unrestricted funding along income used to fund projects within
million was provided in direct technical with income raised by the IPPF private that region (4% of the capital was
assistance and support, enhancing the sector fundraising programme from released in 2008).
quality of services of all IPPF Member the general public has allowed IPPF to
The restricted fund balance of US$22.1
Associations. diversify funding and support a wide
million reflects funds received in
variety of innovative projects.
Income advance of the project related activities
On average funding from major Expenditure being completed. These funds will
donors has increased by 5.6% in The overall expenditure in 2008 was be used in 2009 and beyond. Any
local currency terms, however overall US$121.4 million. This compared with funds showing a negative balance
income received by IPPF in 2008 was US$101.9 million in the previous year. at the year-end (where expenditure
US$119.6 million, compared with to date has exceeded income) have
Grants to Member Associations rose
US$120.6 million in the previous additional funding secured in a
by 16%, this was due to an increase
year. This decrease of 0.8% has project agreement and will be cleared
in unrestricted grants of 6.7% (US$2.9
been caused by a reduction in when funds are received in 2009
million) and an increase in restricted
restricted income from multilaterals and beyond. A number of funds
grants of 40% (US$6.7million).
and other sources coupled with the had negative balances above $100k.
strengthening of the dollar against Restricted income received was less The Spain/United Nations Fund
donor currencies in 2008. Since 2003, than the restricted expenditure during for Population Activities Advocacy
IPPF’s income has seen a very welcome the year. This was partly due to timing Programme is showing a deficit of
increase from US$87.0 million, differences between the receipt and $1,114k- under the funding agreement
representing 37% growth. expenditure of restricted funds, with for this project, expenditure was
a number of restricted expenditures incurred in 2008, but the related
IPPF’s main source of funding is arising in 2008 in respect of funds funding was received after the year
government contributions which that were received in prior years. end and will be recognised in 2009.
accounted for 77% of the total In addition, IPPF also entered into The remaining funds showing negative
incoming resources. Unrestricted a number of new agreements with balances above $100k are Eric E. Edith
government grants showed an increase donors and Member Associations for Bergstrom Foundation – Promoting
of 3% or US$2.0 million. This was due restricted projects. IPPF has recognized real options ($415k), European
to increased contributions from the the grant expenditure for these Commission – Improving SRH&R for
Governments of Australia, Finland, agreements in 2008, but will not Street Kids (Sante) ($141K) and EC V2F
New Zealand, South Korea, Sweden, recognize the related income until it Project ($254k). These are all multi-
and the United Kingdom. is received in future years. For details year projects – expenditure has been
Restricted government grants of specific restricted funds in deficit, recognised for these projects, but the
amounted to US$14.0 million, up from please see below. related income cannot be recognised
US$11.2 million in 2007. The Japanese until its receipt in future years.
Funds (including pension
Government provided a further US$1 fund deficit) The balance sheet in 2008 includes
million for the IPPF Japan Trust Fund. When compared with 2007, IPPF’s the pension liability of US$4.1 million.
The Australian Government provided total funds and reserves have This has substantially decreased from a
substantial resources for the Pacific decreased from US$111.3 million liability of US$10.3 million in 2007. This
Islands and the Danish Government to US$104.7 million. liability forms part of the unrestricted
supported Sexuality Education work funds and represents the total future
with young people. The Government The general fund decreased by US$1.7
liability arising from the Central Office
of the Netherlands provided $4.6m million in 2008, to an overall level of
Defined Benefit Scheme. Like most UK
to support a variety of projects with a US$36.0 million. US$3.9 million of
organizations with such a scheme, IPPF
focus on youth. In addition IPPF holds the general fund decrease reflects the
have a deficit of long term funding.
the funding for the Safe Abortion revaluation of the balance sheet and
Action Fund established in 2006 to is therefore a paper movement rather
which a number of European donor than representing cash or other assets.
governments continued to contribute
with US$4.4 million received.
 IPPF Financial Statements 2008 17

The defined benefit scheme was

closed in 2007. A payment of $4.8
million was made to the scheme in
2008 as part of the on-going plan to
reduce the long term liability in line
with the deficit elimination plan which
was submitted to and approved by
the UK Pension Regulator in 2007.
The assumptions used to calculate the
FRS17 pension liability are in line with
typical market practice at the time
of commissioning our FRS17 report.
However, market conditions are
constantly changing, and the FRS17
valuation can be sensitive to changes
in the underlying assumptions.
Trading Subsidiary
2008 was the seventh year in which
the trading subsidiary of IPPF, ICON
Ltd operated. The company primarily
engages in commodity supply services
and with the social marketing of
contraceptives in conjunction with
Member Associations. In 2008 the
company made a trading profit
after tax of US$5k for the year to
31 December 2008. This will be
retained by the company in order to
fund cash flow and expansion. This
result includes inter-company income
from IPPF, which is eliminated from the
consolidated IPPF financial statements.

We are working with our Member Associations to

implement the Declaration of Sexual Rights, bringing
the reality of such rights to individual communities
and people.
18 IPPF Financial Statements 2008

In 2009 the ’15 and Plans for future periods

counting’ campaign Plans for 2009 campaign ‘15 and counting’ that will
will harness the power The vision for 2009 and beyond is call on young people through social
networking to focus attention on the
of social networking to a Federation strongly committed
Programme of Action and the health
to delivering the Five ‘A’s. In 2009
focus young people’s IPPF will prioritize increases in of future generations. In addition
using funding received from the
attention on the health service delivery, both in terms of
clinical services and in improving government of the Netherlands IPPF
of future generations. the provision of comprehensive will start a major programme working
sex education, information and with our Members Associations, the
communications. To support this, IPPF aims of which will be to strengthen
plans an increased focus on Member youth friendly services in 18 Member
Association sustainability with planned Associations and support the regions
initiatives both on cost efficiency and to build the capacity of Member
effectiveness, and on local resource Associations youth staff, programme
mobilization. officers and young volunteers.

The overturning of the ‘Global By continuing to work along the

Gag’ Rule in the US has important prevention to care continuum IPPF
implications for IPPF, providing a will ensure that both the quantity
new opportunity for stronger global and quality of linked services are
leadership on sexual and reproductive increased, focusing on addressing the
health and rights and enabling IPPF sexual and reproductive health needs
to further develop programmes to of PLHIV, key populations and young
support the delivery of the Five ‘A’s. women and girls. By strengthening our
partnerships through application of
The Declaration of Sexual Rights the People Living with HIV Stigma
was approved by the Governing Index in a number of countries,
Council. The Declaration defines sexual advocating on issues such as the
rights within a human rights context, criminalization of HIV and the creation
and thereby informs advocacy and of IPPF+, IPPF will ensure that new
service delivery. During 2009 IPPF will modalities are highlighted to address
work with Member Associations to HIV related stigma and discrimination.
implement the declaration using it
to highlight the work still to be done A major priority continues to be the
to bring the reality of such rights to need to strengthen advocacy and
individual communities and people. resource mobilization to ensure
that the critical role of civil society
In 2009, young people born in the is not forgotten in an increasingly
year of the International Conference competitive and complex world of new
on Population and Development development aid architecture. IPPF will
(ICPD), 1994, will be 15 years old, an continue to put in place strategies to
age when the issues of sexual health assist the organization at every level to
and reproductive rights become access the funding available. The new
pressing. This generation has a Millennium Development Goal target
vested interest in the progress of the of universal reproductive health will
Programme of Action. To address this, require substantial investment in order
in 2009, IPPF will launch a ICPD+15 to be achieved.
 IPPF Financial Statements 2008 19

IPPF has a unique and extensive global among non-governmental provide a huge range of help to the
reach and diversity. We recognize the organizations including trusts, organization from assisting in clinics,
importance of learning from our own foundations, the private sector sitting as Board members, acting as
experiences and from others. We shall and individual giving. peer educators, meeting donors etc.
continue to strengthen partnerships Without this volunteer commitment
at all levels; local, regional and Disclosure of information IPPF could not achieve its mission
globally. This is important if we are to auditors or be the strong voice it currently
to achieve the vision of a global The Governing Council members is within the field of sexual and
movement committed to sexual and who held office at the date this report reproductive health and choices.
reproductive health and rights for all. was approved, confirm that, so far Approved on behalf of the Governing
Future Funding as they are each aware, there is no Council on 10 May 2009.
IPPF continues to try to increase relevant audit information of which
longer term stability and income. the Charity’s auditors are unaware;
The on-going economic crisis is a and each Governing Council member
concern for IPPF, but the increasing has taken all steps that s/he ought to
numbers of donors who have have taken to make themselves aware
committed long term funding goes of any relevant audit information and
some way to reducing this risk. Whilst to establish that the Charity’s auditors
we have not had confirmation for all are aware of that information.
Dr Jacqueline Sharpe, President
2009 contributions indications for the
Thanks
coming year are generally positive with
many donors committing to at least IPPF thanks all its donors for their
the same level of funding as 2008. continuing and generous support.
It also wishes to acknowledge the
IPPF continues to work on diversifying immense on-going contribution
its funding base for both IPPF itself and it receives from its volunteers, in
Member Associations by increasing the terms of the time, hard work, and Dr Naomi Seboni, Treasurer
number of fundraising opportunities personal commitment. Volunteers

We recognize the importance of learning from our

own experience and from others by strengthening our
partnerships at local, regional and global levels.
20 IPPF Financial Statements 2008

Report of the independent auditors

to the Governing Council of the
International Planned Parenthood Federation
We have audited the group and charity We have been appointed as auditors Basis of audit opinion
financial statements (the ‘financial under section 43 of the Charities Act We conducted our audit in accordance
statements’) of the International 1993 and report in accordance with with International Standards on
Planned Parenthood Federation for regulations made under section 44 Auditing (UK and Ireland) issued by
the year ended 31 December 2008 of that Act. the Auditing Practices Board. An
which comprise the group statement audit includes examination, on a
Our responsibility is to audit the
of financial activities, the group and test basis, of evidence relevant to
financial statements in accordance
charity balance sheets, the group cash the amounts and disclosures in the
with relevant legal and regulatory
flow statement and the related notes. financial statements. It also includes an
requirements and International
These financial statements have been assessment of the significant estimates
Standards on Auditing (UK and Ireland).
prepared under the accounting policies and judgements made by the
set out therein. We report to you our opinion as Governing Council in the preparation
to whether the financial statements of the financial statements, and of
This report is made solely to the
give a true and fair view and are whether the accounting policies
charity’s Governing Council members,
properly prepared in accordance are appropriate to the group’s and
as a body, in accordance with section
with the Charities Act 1993 and charity’s circumstances, consistently
43 of the Charities Act 1993 and
the International Planned Parenthood applied and adequately disclosed.
regulations made under section 44
Federation Act 1977. We also report
of that Act. Our audit work has been We planned and performed our audit
to you whether in our opinion the
undertaken so that we might state to so as to obtain all the information and
information given in the Governing
the charity’s Governing Council those explanations which we considered
Council’s Annual Report is not
matters we are required to state to necessary in order to provide us with
consistent with the financial
them in an auditor’s report and for no sufficient evidence to give reasonable
statements.
other purpose. To the fullest extent assurance that the financial statements
permitted by law, we do not accept or In addition we report to you if, in are free from material misstatement,
assume responsibility to anyone other our opinion, the charity has not kept whether caused by fraud or other
than the charity and the Governing proper accounting records, if we irregularity or error. In forming our
Council members as a body, for our have not received all the information opinion we also evaluated the overall
audit work, for this report, or for the and explanations we require for our adequacy of the presentation of
opinions we have formed. audit, or if information specified by information in the financial statements.
law regarding Governing Council
Respective responsibilities of member’s remuneration and other
the members of the Governing transactions is not disclosed.
Council and auditors We read the Annual Report of the
The Governing Council members’ Governing Council and consider
responsibilities for the preparation of the implications for our report if
the financial statements in accordance we become aware of any apparent
with applicable law and UK misstatements within it. Our
Accounting Standards (UK Generally responsibilities do not extend
Accepted Accounting Practice) are set to any other information.
out in the Statement of Governing
Council Members’ Responsibilities
on page 6.
 IPPF Financial Statements 2008 21

Opinion
In our opinion
• the financial statements give a
true and fair view, in accordance
with UK Generally Accepted
Accounting Practice, of the state KPMG LLP, Chartered Accountants
of the group’s and charity’s affairs & Registered Auditor
as at 31 December 2008 and of
the group’s incoming resources 11 May 2009
and application of resources in 1 Forest Gate, Brighton Road,
the year then ended; and Crawley, RH11 9PT, UK
• the financial statements have been
properly prepared in accordance
with the Charities Act 1993 and the
International Planned Parenthood
Federation Act 1977.

IPPF continues to increase longer term stability and

income in the face of the ongoing financial crisis.
Thanks to the support of our donors and volunteers
we continue to be a strong voice in the field of sexual
and reproductive health and choices.
22 IPPF Financial Statements 2008

Statement of financial activities

Consolidated statement of financial activities for the year ended
31 December 2008
2008 2007
Unrestricted Restricted Endowment Total Total
Notes $’000 $’000 $’000 $’000 $’000

Incoming resources
Incoming resources from generated funds:
Voluntary income:
Grants from governments 2 77,610 13,953 – 91,563 86,731
Grants from multilaterals and other income sources 3 6,498 16,514 – 23,012 28,925
Investment income and interest 4 1,733 394 – 2,127 2,483
Incoming resources from charitable activities:
Income of subsidiary trading company 800 – – 800 771
Other incoming resources:
Foreign exchange gains – – – – 1,086
Other incoming resources 118 2,052 – 2,170 571
Total incoming resources 86,759 32,913 – 119,672 120,567

Resources expended
Cost of generating funds:
Central fundraising 7 1,604 – – 1,604 1,771
Regional fundraising 6 1,952 – – 1,952 1,441
Investment management costs 36 – – 36 16
Expenditure of subsidiary trading company 1,775 – – 1,775 1,514
Charitable activities:
Grants to Member Associations & partners 5 48,103 23,342 – 71,445 61,770
Central expenditure 7 12,624 4,220 – 16,844 10,900
Regional expenditure 6 15,659 9,181 – 24,840 21,422
Governance costs 8 2,748 26 – 2,774 2,521
Pension finance charge 20 148 – – 148 519
Total resources expended 84,649 36,769 – 121,418 101,874
Net incoming/(outgoing) resources before transfers 2,110 (3,856) – (1,746) 18,693
Transfers between funds 16 – – – – –
Net incoming/(outgoing) resources before other
recognised gains and losses 2,110 (3,856) – (1,746) 18,693
(Loss)/Gain on investment assets 11 (6,012) (276) (240) (6,528) 3,242
Actuarial (loss)/ gain on defined benefit pension scheme 20 (530) – – (530) 6,226
Foreign exchange movements on pension liability 20 2,043 – – 2,043 (508)
Net movement in funds (2,389) (4,132) (240) (6,761) 27,653
Funds brought forward at 1 January 16 83,842 26,259 1,241 111,342 83,425
Unrealized foreign exchange gain taken to reserves 167 – – 167 264
Funds carried forward at 31 December 16 81,620 22,127 1,001 104,748 111,342

There are no recognized gains and losses other than those included above. All the above results arise from continuing
operations. The notes on pages 27 to 61 form part of these accounts.
 IPPF Financial Statements 2008 23

Balance sheets
Consolidated balance sheet as at 31 December 2008

2008 2007
Unrestricted Restricted Endowment Total Total
Notes $’000 $’000 $’000 $’000 $’000

Fixed assets
Tangible assets 10 9,476 – – 9,476 10,168
Investments 11 28,763 758 1,001 30,522 42,030
Long term loans 12 211 1,841 – 2,052 1,239
Total fixed assets 38,450 2,599 1,001 42,050 53,437

Current assets
Stock of goods 2,229 – – 2,229 602
Receivable from donors 13 296 818 – 1,114 3,633
Receivable from associations 867 166 – 1,033 1,160
Receivable from others 641 68 – 709 986
Prepayments 797 554 – 1,351 1,213
Cash at bank 54,869 23,951 – 78,820 70,825
Total current assets 59,699 25,557 – 85,256 78,419

Creditors: amounts falling due within one year

Accounts payable 3,436 492 – 3,928 2,703
Payable to associations 3,010 3,464 – 6,474 2,680
Accruals and other creditors 2,170 22 – 2,192 1,465
Deferred income 14 3,614 2,051 – 5,665 3,126
Total current liabilities 12,230 6,029 – 18,259 9,974

Net current assets excluding pension liability 47,469 19,528 – 66,997 68,445
Provisions for liabilities and charges 15 174 – – 174 204
Pension liability 20 4,125 – – 4,125 10,336
Total net assets including pension liability 81,620 22,127 1,001 104,748 111,342

Represented by:
Unrestricted:
General 35,971 – – 35,971 37,714
Designated 49,774 – – 49,774 56,464
Restricted – 22,127 – 22,127 26,259
Endowment – 1,001 1,001 1,241
Total funds and reserves excluding pension reverse 16 85,745 22,127 1,001 108,873 121,678
Pension reserve 20 (4,125) – – (4,125) (10,336)
Total funds and reserves including pension reverse 81,620 22,127 1,001 104,748 111,342

Approved on behalf of the Governing Council on 10 May 2009.

Dr Jacqueline Sharpe Dr Naomi Seboni

President Treasurer
24 IPPF Financial Statements 2008

Balance sheets
Balance sheet (charity) as at 31 December 2008

2008 2007
Total Total
Notes $’000 $’000
Fixed assets
Tangible assets 9,472 10,164
Investments 11 30,522 42,030
Long term loans 2,299 991
Total fixed assets 42,293 53,185

Current assets
Stock of goods 2,382 588
Receivable from donors 13 1,114 3,633
Receivable from associations 1,033 1,161
Receivable from others 617 705
Prepayments 1,351 1,214
Cash at bank 78,786 70,360
Total current assets 85,283 77,661

Creditors: amounts falling due within one year

Accounts payable 4,127 1,768
Payable to associations 6,474 2,679
Accruals and other creditors 2,107 1,465
Deferred income 14 5,665 3,126
Total current liabilities 18,373 9,038

Net current assets excluding pension liability 66,910 68,623

Provisions for liabilities and charges 15 174 204
Pension liability 20 4,125 10,336
Total net assets including pension liability 104,904 111,268

Represented by:
Unrestricted:
General 36,125 37,638
Designated 49,774 56,463
Restricted 22,130 26,262
Endowment 1,000 1,241
Total funds and reserves excluding pension liability 109,029 121,604
Pension reserve (4,125) (10,336)
Total funds and reserves including pension liability 104,904 111,268

Approved on behalf of the Governing Council on 10 May 2009.

Dr Jacqueline Sharpe Dr Naomi Seboni

President Treasurer
 IPPF Financial Statements 2008 25

Cash flow statement

Consolidated cash flow statement for the year ended
31 December 2008
2008 2007
Note $’000 $’000 $’000 $’000

Net cash (outflow)/inflow from operating activities a (962) 5,705

Returns on investments
Interest received and similar income 2,179 2,478

Capital expenditure
Purchase of tangible assets (365) (323)
Purchase of marketable securities – (273)
Long term loans issued (1,163) (397)
Sale of tangible assets 4 7
Sale of marketable securities 11,701 6,938
Long term loan repayments received 350 355
6,307
Increase in cash b 11,744 14,490

Note a: Reconciliation of net incoming resources to net cash inflow from operating activities
Net (outgoing)/incoming resources (1,746) 18,693
Interest receivable and similar income (2,126) (2,482)
Depreciation 1,046 1,045
Exchange movement on tangible assets 9 (7)
Exchange movement on pension liability 2043 (508)
(Decrease)/increase in pension liability (6,210) (10,408)
Actuarial (loss)/ gain on pension scheme (530) 6,226
Loss on disposal of fixed assets (1) (5)
Donations in kind (6,722) (5,886)
Long term loans written off – 212
Decrease/(increase) in stock (1,628) 1,174
Decrease in receivables from donors 2,519 1,957
Decrease/(increase) in receivables from associations 128 (319)
Decrease/(increase) in receivables from others 225 (376)
(Increase)/decrease in prepayments (138) (686)
Increase/(decrease) in accounts payable 1,223 (138)
Increase/(decrease) in payable to associations 3,794 (2,763)
Increase)/(decrease) in accruals and other creditors 727 (662)
Increase in deferred income 2,538 1,919
Increase in provisions (30) 22
Exchange movement on net funds 3,917 (1,303)
Net cash (outflow)/inflow from operating activities (962) 5,705
26 IPPF Financial Statements 2008

Consolidated cash flow statement for the year ended

31 December 2008 (continued)
2008 2007
Note $’000 $’000
Note b: Reconciliation of net cash flow to movements in net funds:

Increase in cash in the year 11,744 14,490

Movement on foreign exchange (3,749) 1,571
Movement in net funds for the period 7,995 16,061

Net funds at 1 January 70,825 54,764

Net funds at 31 December c 78,820 70,825

At 1 Jan Cash Exchange At 31 Dec

2008 flows movements 2008
$’000 $’000 $’000 $’000
Note c: Analysis of changes in net funds:

Cash in hand and at bank 70,825 11,744 (3,749) 78,820

Note of explanation
Cash balances are historically higher at 31 December each year due to the timing of government receipts,
many of which are received in the last quarter of the financial year. However, the timing of grant payments
to Member Associations means that the cash funds are significantly reduced in the first quarter of each
financial year. The cash balance also includes restricted funds for use in the following years.
 IPPF Financial Statements 2008 27

Notes to the financial statements

1 Accounting policies

Basis of accounting USA, as a membership corporation Commercial trading activities

These financial statements have with not-for-profit status. All its Income from commercial trading
been prepared under the historical results are combined with those of the activities is included in the period in
cost convention, as modified for the charity, on the basis that its members which the group is entitled to receipt.
revaluation of certain investments, are also members of IPPF, and are in
and in accordance with applicable a Regional Office pursuing the same Donations and grants
United Kingdom accounting standards, objectives and policies as the rest
Grants from governments and
applicable United Kingdom law and of IPPF. IPPF WHR is not a trading
other agencies have been included
the Statement of Recommended subsidiary, and therefore its results
as donations and similar incoming
Practice (“SORP”), Accounting and have not been separately disclosed.
resources as these relate to core
Reporting by Charities (revised 2005), In addition to the regional office,
funding or are provided for a general
issued by the Charity Commission. there are two other entities within
purpose rather than being service
this region – The IPPF WHR Fund
agreements. These are included in
Basis of preparation and IPPF Worldwide Inc.
incoming resources when these are
IPPF exists as an entity under the The IPPF WHR Fund is a separate entity receivable, except as follows:
provisions of the IPPF Act. There are used for investing significant bequests,
• When donors specify that donations
six regions within the Federation the results of which are reported
and grants given to the charity
and the accounts of these are within these accounts. This entity is
must be used in future accounting
combined to form the IPPF. All of also considered to be a branch of IPPF.
periods, the income is deferred until
the Regional Offices act as branches
IPPF Worldwide Inc (established those periods.
of IPPF and therefore fall under the
in 2006) is a separately registered
term ‘branches’ in accordance with • When donors impose conditions
not-for-profit organization. This is
FRS 2 ‘Accounting for Subsidiary which have to be fulfilled before the
established for the purpose of receiving
Undertakings’ and the Charities SORP. charity becomes entitled to use such
funding from United States of America
income, the income is deferred and
IPPF Arab World Regional Office (Tunis, based organizations with income
not included in incoming resources
Tunisia), IPPF East and Southeast Asia received being reflected within these
until the pre-conditions for use have
and Oceania Regional Office (Kuala financial statements. This entity is also
been met.
Lumpur, Malaysia) and IPPF South Asia considered to be a branch of IPPF.
Regional Office (New Delhi, India) are Legacies
IPPF has a trading subsidiary, ICON Ltd.
not separate entities and their results
This primarily engages in commodity Legacies are recognized when the
are included in those of the Central
supply services and social marketing charity is advised by the personal
Office (London, UK).
of contraceptives in conjunction with representatives of an estate that
IPPF Africa Regional Office (Nairobi, Member Associations. Its results for payment will be made or property
Kenya) and IPPF Europe Regional the trading period to 31 December transferred and the amount involved
Office (Brussels, Belgium) are separate 2008 have been consolidated in can be quantified.
legal entities in their respective accordance with FRS 2 ‘Accounting for
regions, and are treated as branches Subsidiary Undertakings’ on a line by Investment income & interest
of the Central Office in London. line basis. Investment income in the form
Their results are included with those of dividends together with interest
of the charity. Incoming resources is included when receivable by
The IPPF Western Hemisphere Regional Income is recognized in the period the charity.
Office (New York, US) – IPPF Western to which it is receivable (see separate
Hemisphere Inc. is a separate company deferred income policy).
incorporated in the State of New York,
28 IPPF Financial Statements 2008

1 Accounting policies (continued)

Intangible income Costs of generating voluntary party arrangements are detailed
Donations in kind are included in income comprise the costs incurred in note 19. These include an
donations and similar incoming in commercial trading activities and arrangement whereby IPPF acts
resources where the amounts fundraising. Fundraising costs include as a fiscal agent for White Ribbon
are material and an estimated all direct costs including personnel Alliance for Safe Motherhood. The
market value is readily attainable. costs, publicity material and direct value of cash held on behalf of this
Commodities donated to IPPF for mailing material. organisation is included on IPPF’s
distribution to Member Associations balance sheet, within Cash at Bank
Programme activities represent
are recognized as incoming resources and Accruals and other Creditors.
expenses directly attributable to
to the extent that they have the issuing or monitoring of grants Where overheads on IPPF’s own
been distributed (or allocated for to Member Associations as well as projects are recovered by way of
distribution) in the year. providing technical assistance to allow donations and grants, these and their
IPPF wishes to acknowledge the the grant recipients to implement related costs are not netted off but
immense on-going contribution it programmes effectively. At the are shown separately.
receives from its volunteers, in terms Regional Offices most staff will be
involved as focal points for a selected Deferred income
of the time, hard work, and personal
commitment given to IPPF and its number of Associations as well as Deferred income comprises amounts
objectives. IPPF does not believe it being an expert in a technical area received in the period which the
is possible, or desirable, to place a e.g. HIV/AIDs, Access, Accreditation donor has given for use in future
monetary value on this contribution, etc. At the Central Office staff accounting periods only. Other forms
and subsequently does not recognize generally provide technical support of income, such as lease benefits, are
volunteer time as incoming resources to Regional Office staff and indirectly also deferred in order to match the
in the Financial Statements. IPPF to Associations. income with the periods that they are
does not believe there is a concise, intended to benefit.
Support costs represent expenses
workable, or accurate method of on activities that are not directly
quantifying this contribution, or
Fixed assets
attributable to the issuing or
establishing how this contribution monitoring of grants to Member All assets costing more than $1,000
is expressed in financial terms. Associations and include general are capitalized. All assets are stated
management, finance, office facilities, at cost. All assets are depreciated in
Resources expended and human resources and information line with their expected useful lives
basis of allocation of costs technology. using the straight line method at the
Grants payable to Member following rates:
Governance costs include the costs
Associations of cash and commodities Land no depreciation
of governance arrangements relating
(being contraceptives and related
to IPPF as a UK registered charity. Freehold buildings 2%
goods) represent direct aid to affiliated
Direct costs include internal and Office furniture 10%
and non-affiliated organizations. These
external audit, financial statement
grants are given on an annual basis. Office equipment 20%
publication costs, legal advice for
Amounts not yet given at the year end
the Governing Council members and Computer hardware 33%
relating to commodities are accrued
costs associated with constitutional Vehicles 33%
for as liabilities on the basis that a
and statutory requirements such
commitment exists to supply these Freehold improvements 10%
as Governing Council meetings as
remaining commodities or cash.
well as the supporting committee Leasehold improvements Period of lease
Expenditure other than Grants is meetings. As a Federation, the costs
classified between Regional and associated with Regional governance
Central activities. Regional activities structures (Regional Council Meetings Any realized gains or losses on
are those carried out by the Regional and Regional Executive Meetings) are disposals of fixed assets are taken to
Offices serving local Member also included. the Statement of Financial Activities in
Associations. Central activities are the year in which they occur.
Where IPPF acts as an agent for
exclusively, those of the Central Office,
another party upon specific projects,
London, which serve IPPF as a whole.
all costs and overheads recovered are
netted off against those costs. Third
 IPPF Financial Statements 2008 29

Investments Contingent liabilities Funds

Investments are valued at market value Contingent liabilities are disclosed in IPPF maintains five types of fund:
as at 31 December 2008. All gains and accordance with FRS 12, ‘Provisions,
losses are taken to the Statement of Contingent Liabilities and Contingent • Permanent Endowment – where
Financial Activities as they arise. Assets’. No recognition is made in the capital is held in perpetuity to
the Statement of Financial Activities. generate income to further the
Stock of goods Where it becomes probable that charitable objects of IPPF;
Stock is valued at the lower of cost there will be a future outflow of • Restricted – where the purposes for
and net realizable value and consists resources the liability will cease to which the funds can be used have
of contraceptives and related medical be contingent and is accrued in the been restricted by donors or the
equipment. financial statements. Full details on terms of an appeal;
each contingent liability are disclosed
Foreign currency in note 18. • Pension Reserve – in accordance
with FRS 17 ‘Retirement Benefits’,
Transactions in foreign currencies
are recorded using the rate of Pension contributions the liability attributed to the Central
IPPF contributes to both a closed, Office Defined Benefit Scheme is
exchange ruling at the date of the
defined benefit scheme and a number shown as a separate fund. As the
transaction. Monetary assets and
of defined contribution pension scheme is currently in deficit this is a
liabilities denominated in foreign
schemes (see note 20). negative reserve. No designation of
currencies are translated using the
unrestricted funds to meet pension
rate of exchange ruling at the balance
Defined contribution scheme costs are commitments at the balance sheet
sheet date, and the gains and losses
charged to the Statement of Financial date is in place as IPPF anticipates
on translation are included in the
Activities as they are incurred. meeting such commitments through
statement of financial activities.
IPPF makes contributions to the future cash flows.
The results from overseas branches
Central Office defined benefit pension • Designated – where the funds
with operations denominated in
scheme (closed to new members are unrestricted, but where the
foreign currency are translated into US
from 1 September 2003 and current Governing Council have designated
Dollars at the average rate of exchange
members from 1 September 2007) them for a specific purpose;
during the year for the statement of
based on the advice from triennial
financial activities, and the year end • Unrestricted – where the funds are
actuarial valuations. Any material
rate for the assets and liabilities. Gains not restricted as to use but may be
deficiencies or surpluses that arise are
and losses arising on these translations applied for any purpose within the
dealt with by changes to the level of
are taken to the General Reserve. charity’s objects.
contributions. In accordance with FRS
Leased assets 17 ‘Retirement Benefits’, the Statement Transfers between funds are made
of Financial Activities includes: the where the donor restrictions allow
The annual payments in relation cost of benefits accruing during the with appropriate disclosure in note 16.
to lease arrangements, known as year in respect of current and past
operating leases, are charged to the service (charged against net outgoing
Statement of Financial Activities on resources); the expected return on
an accruals basis. the scheme’s assets and the increase
in the present value of the scheme’s
Provisions
liabilities arising from the passage
Provision is made, where material, for of time (shown as pensions finance
the present value of future liabilities charge); actuarial gain recognized in
and losses which have occurred during the pension scheme (shown within
the financial year and up to the date net movement of funds). The balance
on which the financial statements sheet includes the deficit in the scheme
are approved by Governing Council. taking assets at their year-end market
The recognition of a provision is in value and liabilities at their actuarially
accordance with FRS 12 ‘Provisions, calculated values.
Contingent Liabilities and Contingent
Assets’. The charge for a provision
is made against the appropriate
resources expended category to
which it relates.
30 IPPF Financial Statements 2008

2 Grants from governments

Local 2008 2007 2008 2007
currency (LC) LC’000 LC’000 $’000 $’000
Unrestricted
Australia Australian $ 2,750 2,250 2,573 1,744
Barbados US $ – 4 – 4
Canada Canadian $ 6,000 6,000 5,620 5,530
China US $ 160 160 160 160
Denmark Danish Krone 40,000 40,000 8,355 7,440
Finland Euro 800 600 1,241 818
Germany Euro 3,000 3,000 4,655 4,142
Japan US $ 11,322 11,705 11,322 11,705
South Korea US $ 72 100 72 100
Malaysia US $ 15 15 15 15
The Netherlands Euro 4,000 4,311 6,074 5,767
New Zealand New Zealand $ 2,000 1,300 1,582 919
Norway Norwegian Krone 40,000 40,000 7,593 6,762
Sweden Swedish Krona 110,000 95,000 15,970 14,739
Switzerland Swiss Franc 1,000 1,000 944 797
Thailand US $ 2 2 2 2
United Kingdom £ Sterling 6,350 7,500 11,432 14,927
Unrestricted 77,610 75,571

Restricted
Australia Australian $ 1,737 1,333 1,234 1,177
Denmark Danish Kroner 2,069 4,659 432 901
Finland Euro 84 95 113 129
Germany Euro 381 563 554 763
Japan US $ 1,022 1,022 1,022 1,022
States of Jersey £ Sterling – 51 – 100
South Korea US $ 250 750 250 750
The Netherlands Euro 3,000 60 4,200 81
New Zealand New Zealand $ 250 – 232 –
Norway Norwegian Krone – 10,000 – 1,636
Spain Euro 116 – 169 –
Sweden Swedish Krona (143) 10,000 (18) 1,444
United Kingdom £ Sterling 3,378 1,602 5,765 3,157
Restricted 13,953 11,160

Total restricted and unrestricted grants from governments 91,563 86,731

 IPPF Financial Statements 2008 31

3 Grants from multilaterals and other income sources

2008 2007
Unrestricted Restricted Total Total
$’000 $’000 $’000 $’000

Arab Gulf Fund United Nations Development Programme – 80 80 120

Big Lottery Fund – 6 6 215
Erik E & Edith H Bergstrom Foundation – 359 359 518
Fred B. Bixby Foundation – – – 35
Harry & Julia A Brahamson Fund – – – 200
Compton Foundation 10 10 20 35
Elton John AIDS Foundation – 54 54 55
European Commission (EC) – 557 557 3,940
Ford Foundation – 318 318 106
Bill & Melinda Gates Foundation – 1,784 1,784 3,809
Good Gifts – 33 33 75
Gesellschaft fur Technische Zusammenarbeit (GTZ) – 26 26 7
The William & Flora Hewlett Foundation 1,725 2,450 4,175 2,550
International Federation Of Red Cross – 8 8 12
International HIV/AIDS Alliance – – – 25
Intrahealth – – – 25
IPAS Fund – 30 30 15
Libra Foundation 50 5 55 50
Liz Claiborne & Art Ortenberg Foundation 20 – 20 20
The John D & Catherine T MacArthur Foundation – 351 351 340
MAC AIDS Fund – 227 227 –
Management Sciences for Health (MSH) – – – 25
New World Foundation 3 – 3 –
Nike Foundation – – - 42
Overbrook Foundation 40 – 40 40
David & Lucile Packard Foundation – – – 1,092
Pathfinder – – – 25
Population Action International (PAI) – 1,538 1,538 452
Program for Appropriate Technology in Health (PATH) – – – 20
Louise & Harold Price Foundation – 50 50 50
The Prospect Hill Foundation – 35 35 –
The Scherman Foundation 30 – 30 –
The Summit Foundation – 60 60 113
The World Conservation Union – – – 25
United Nations Foundation (UNF) – 68 68 –
United Nations Fund for Population Activities (UNFPA) – 783 783 1,024
United Nations Programme on HIV/AIDS (UNAIDS) – 221 221 1,675
West African Health Organisation – – – 5
Westwind Foundation 100 75 175 63
World Health Organization (WHO) – – – 10
Anonymous (not to be disclosed at their request) 750 7,372 8,122 7,274
Legacies 1,009 – 1,009 1,305
Other <$5,000, or individuals not wishing to be disclosed 2,761 14 2,775 3,533
Total 6,498 16,514 23,012 28,925
32 IPPF Financial Statements 2008

4 Investment income and interest

2008 2007
Unrestricted Restricted Total Total
$’000 $’000 $’000 $’000

Interest receivable from cash deposits 1,501 394 1,895 2,404

Dividends and similar income from US listed securities 232 – 232 79
Total 1,733 394 2,127 2,483
 IPPF Financial Statements 2008 33

5 Grants to Member Associations and partner organizations

Unrestricted Restricted
2008 2008 2008 2008 2008
Cash Commodity Technical Cash Commodity 2008 2007
grants grants assistance grants grants Total Total
$’000 $’000 $’000 $’000 $’000 $’000 $’000

Africa 16,611 1,369 1,957 5,207 197 25,341 22,560

Arab World 3,151 227 298 635 41 4,352 4,556
E & SE Asia and Oceania 4,908 722 – 1,567 – 7,197 6,855
Europe 1,946 – 53 2,296 – 4,295 3,286
South Asia 7,438 9 – 2,625 – 10,072 8,940
Western Hemisphere 6,876 1,307 1,231 10,726 48 20,188 15,573
Total 2008 40,930 3,634 3,539 23,056 286 71,445 61,770
Total 2007 38,180 4,502 2,464 16,298 326

Commodity grants consist of contraceptives and related goods.

Technical assistance represents advisory services provided by IPPF and funded by Member Associations from unrestricted
core grants and locally generated income sources.

Negative values arise where amounts accrued in previous years at the year end are reversed/paid in the following year
at a lower value.

Grants to Member Associations and partner organizations by IPPF strategic priorities

and supporting strategies
      2008 2008 2008 2007
      Unrestricted Restricted Total Total
      $’000 $’000 $’000 $’000

Strategic priorities          
Adolescents     5,641 1,308 6,949 7,563
HIV/AIDS     2,966 2,705 5,671 4,642
Access     23,391 3,264 26,655 23,262
Abortion     2,270 11,114 13,384 10,240
Advocacy     4,071 4,496 8,567 5,930

Supporting strategies
Accreditation & Governance 3,424 – 3,424 3,473
Resource mobilization   1,782 – 1,782 1,889
Capacity building   3,591 452 4,043 3,568
Evaluation     967 3 970 1,203
 Total     48,103 23,342 71,445 61,770

The above figures are based on funding agreements. They are indicative in the sense that ensuring global standards
of classifying projects is still something IPPF is refining. For example a Member Association undertaking projects to
increase clinical services to young people and with an emphasis on HIV/AIDS prevention will generally classify this as
‘access’. This can lead to other priority areas being lower than expected.
34 IPPF Financial Statements 2008

5 Grants to Member Associations and partner organizations (continued)

The following associations received cash and commodity grants as shown below.
They are ranked in order of total unrestricted grants.

Rank Country Association Unrestricted $ Restricted $ Total $

1 India Family Planning Association of India 1,899,592 738,193 2,637,785
2 Pakistan Rahnuma-Family Planning Association of Pakistan 1,831,229 25,000 1,856,229
3 Nepal Family Planning Association of Nepal 1,545,486 591,464 2,136,950
4 Bangladesh Family Planning Association of Bangladesh 1,438,283 689,313 2,127,596
5 Nigeria Planned Parenthood Federation of Nigeria 1,039,696 (81,470) 958,226
6 Tanzania Uzazi na Malezi Bora Tanzania 919,081 208,944 1,128,025
7 Uganda Reproductive Health Uganda 878,262 587,865 1,466,127
8 Ghana Planned Parenthood Association of Ghana 859,570 288,801 1,148,371
9 Ethiopia Family Guidance Association of Ethiopia 842,152 10,094 852,246
10 Kenya Family Health Options Kenya 817,724 65,750 883,474
11 Caribbean Family Planning Affiliation comprising of:
Antigua – Antigua Planned Parenthood Association 85,332 0 85,332
Aruba – Foundation for the Promotion of Responsible Parenthood 22,493 0 22,493
Bahamas – Bahamas Family Planning Association 21,353 0 21,353
Caribbean – Caribbean Family Planning Affiliation Ltd 215,124 0 215,124
Curacao – Foundation for the Promotion of Responsible Parenthood 31,736 0 31,736
Dominica – Dominica Planned Parenthood Association 97,618 15,000 112,618
Grenada – Grenada Planned Parenthood Association 81,577 0 81,577
St. Lucia – Saint Lucia Planned Parenthood Association 157,531 150,001 307,532
St. Vincent – St. Vincent Planned Parenthood Association 59,166 0 59,166
12 Zambia Planned Parenthood Association of Zambia 756,621 0 756,621
13 Sudan Sudan Family Planning Association 718,555 185,521 904,076
14 Dominican Republic Asociación Dominicana Pro-Bienestar de la Familia 681,059 241,705 922,764
15 Burkina Faso Association Burkinabé pour le Bien-Etre Familial 666,118 115,377 781,495
16 Egypt Egyptian Family Planning Association 653,423 0 653,423
17 Mexico Fundación Mexicana para la Planeación Familiar, A.C. 606,520 1,816,207 2,422,727
18 Senegal Association Sénégalaise pour le Bien-Étre Familial 604,572 0 604,572
19 Brazil Sociedad Civil Bem-Estar Familiar no Brasil 597,283 108,350 705,633
20 Madagascar Fianakaviana Sambatra 579,802 3,527 583,329
21 Haiti Association pour la Promotion de la Famille Haïtienne 575,353 19,810 595,163
22 Colombia Asociación Pro-Bienestar de la Familia Colombiana 572,220 626,736 1,198,956
23 Peru Instituto Peruano de Paternidad Responsable 556,950 973,857 1,530,807
24 Togo Association Togolaise pour le Bien-Etre Familial 553,220 102,853 656,073
Association pour le Bien-Etre Familial/Naissances
25 Congo, Dem. Republic 547,030 0 547,030
Désirables
26 Sierra Leone Planned Parenthood Association of Sierra Leone 522,728 535,699 1,058,427
27 Cameroon Cameroon National Association for Family Welfare 522,554 92,412 614,966
28 Lesotho Lesotho Planned Parenthood Association 514,091 37,327 551,418
29 Benin Association Béninoise pour la Promotion de la Famille 511,366 0 511,366
30 Bolivia Centro de Investigación, Educación y Servicios 507,289 865,487 1,372,776
31 The Gambia Gambia Family Planning Association 502,082 63,065 565,147
Association Malienne pour la Protection et la Promotion
32 Mali 501,182 38,320 539,502
de la Famille
33 Palestine Palestinian Family Planning and Protection Association 489,837 0 489,837
34 Ivory Coast Association Ivoirienne pour le Bien-Etre Familial 481,495 0 481,495
35 Guatemala Asociación Pro-Bienestar de la Familia de Guatemala 470,466 615,148 1,085,614
 IPPF Financial Statements 2008 35

Rank Country Association Unrestricted $ Restricted $ Total $

36 Niger Association Nigérienne pour le Bien-Etre Familial 470,138 0 470,138
37 Mozambique Associaço Moçambicana para Desenvolvimento da Família 464,834 3,373 468,207
38 Congo Association Congolaise pour le Bien-Etre Familial 422,499 (11,390) 411,109
39 Paraguay Centro Paraguayo de Estudios de Poblacíon 414,377 0 414,377
40 Venezuela Asociacion Civil de Planificacion Familiar 411,831 228,662 640,493
41 China China Family Planning Assocation 406,903 26,500 433,403
42 Gabon Mouvement Gabonais pour le Bien-Etre Familial 404,938 0 404,938
43 Liberia Family Planning Association of Liberia 404,410 0 404,410
44 Nicaragua Asociación Pro-Bienestar de la Familia Nicaragüense 397,639 665,583 1,063,222
45 Afghanistan Afghan Family Guidance Association 395,969 183,208 579,177
46 Philippines Family Planning Organization of the Philippines 395,609 1,503 397,112
47 Burundi Association Burundaise pour le Bien-Etre Familial 393,072 98,909 491,981
48 Guinea-Conakry Association Guinéenne pour le Bien-Etre Familial 378,399 0 378,399
49 Rwanda Association Rwandaise pour le Bien-Etre Familial 365,316 (8,317) 356,999
50 Honduras Asociación Hondureña de Planificación de Familia 363,935 81,226 445,161
51 Malawi Family Planning Association of Malawi 342,088 331,419 673,507
52 Central African Republic Association Centrafricaine pour le Bien-Etre Familial 341,293 0 341,293
53 Indonesia The Indonesian Planned Parenthood Association 341,063 493,117 834,180
54 Chad Association Tchadienne pour le Bien-Etre Familial 340,605 86,546 427,151
55 Botswana Botswana Family Welfare Association 328,479 0 328,479
56 Malaysia Federation of Family Planning Associations of Malaysia 327,921 0 327,921
57 Morocco Association Marocaine de Planification Familiale 316,243 0 316,243
58 Syria Syrian Family Planning Association 309,672 120,518 430,190
59 Swaziland Family Life Association of Swaziland 298,870 332,769 631,639
60 Mauritania Association Mauritanienne pour la Promotion de la Famille 297,157 207,280 504,437
61 El Salvador Asociación Demográfica Salvadoreña 296,246 73,625 369,871
62 Namibia Namibia Planned Parenthood Association 294,392 104,253 398,645
63 Trinidad and Tobago Family Planning Association of Trinidad and Tobago 291,145 (122,205) 168,940
64 Tunisia Association Tunisienne de la Santé de la Reproduction 282,121 0 282,121
65 Russia Russian Family Planning Association 262,554 0 262,554
66 Angola Associaço Angolana para o Bem Estar da Familia 254,156 0 254,156
Associacao da Guine-Bissau Para a Educacao e Promocao
67 Guinea-Bissau 250,756 2,340 253,096
de Saude Familiar
68 Comoros Association Comorienne pour le Bien-Etre de la Famille 238,497 0 238,497
69 Thailand Planned Parenthood Association of Thailand 237,364 0 237,364
70 Belize Belize Family Life Association 231,532 295,065 526,597
71 Algeria Association Algérienne pour la Planification Familiale 228,042 0 228,042
72 Iran Family Planning Association of the Islamic Republic of Iran 225,119 0 225,119
73 Vietnam Vietnam Family Planning Association 221,858 96,323 318,181
74 Bulgaria Bulgarian Family Planning and Sexual Health Association 219,786 0 219,786
Centro Ecuatoriano para la Promoción y Acción de la Mujer
75 Ecuador 217,899 201,850 419,749
de Guayaquil, Ecuador
76 Solomon Islands Solomon Islands Planned Parenthood Association 206,320 36,729 243,049
77 Suriname Stichting Lobi 198,487 0 198,487
78 Cape Verde Associaço Caboverdiana para a Proteço da Familia 198,006 0 198,006
79 Vanuatu Vanuatu Family Health Association 177,762 40,342 218,104
36 IPPF Financial Statements 2008

5 Grants to Member Associations and partner organizations (continued)

Rank Country Association Unrestricted $ Restricted $ Total $

80 Guyana Guyana Responsible Parenthood Association 176,497 0 176,497
81 Samoa Samoa Family Health Association 172,210 38,323 210,533
Association Djiboutienne pour l’equilibre et la promotion
82 Djibouti 171,181 0 171,181
de la Famille
83 Tuvalu Tuvalu Family Health Association 167,266 44,027 211,293
84 Jamaica Jamaica Family Planning Association 162,103 26,500 188,603
85 Chile Asociación Chilena de Protección de la Familia 157,803 0 157,803
86 Mongolia Mongolian Family Welfare Association 154,889 90,272 245,161
87 Armenia FOR FAMILY AND HEALTH Pan-Armenian Association 149,708 0 149,708
88 Bosnia and Herzegovina Association for Sexual and Reproductive Health XY 145,415 0 145,415
89 Cuba Sociedad Cientifica Cubana Para el Desarrollo de la Familia 142,105 119 142,224
90 Tonga Tonga Family Health Association 141,439 31,884 173,323
91 Kazakhstan Kazakhstan Association on Sexual and Reproductive Health 140,830 75,531 216,361
92 Korea, Republic of Planned Population Federation of Korea 135,401 0 135,401
Korea, Dem. People’s Korean Family Planning & Maternal Child Health
93 135,195 0 135,195
Rep of Association of DPRK
94 Fiji Reproductive & Family Health Association of Fiji 128,723 29,280 158,003
95 Costa Rica Asociación Demográfica Costarricense 128,156 49,624 177,780
96 Cook Islands Cook Islands Family Welfare Association 122,489 27,979 150,468
97 Uzbekistan Uzbek Association on Reproductive Health 117,716 0 117,716
98 Panama Asociación Panameña para el Planeamiento de la Familia 117,370 173,668 291,038
99 Mauritius Mauritius Family Planning & Welfare Association 116,246 0 116,246
100 Yemen Yemen Family Care Association 112,786 0 112,786
101 Hong Kong Family Planning Association of Hong Kong 112,680 0 112,680
Bahrain Reproductive Health and Family Planning
102 Bahrain 90,549 0 90,549
Association
103 Kyrgyzstan Reproductive Health Alliance of Kyrgyzstan 85,535 124,151 209,686
104 Georgia Association HERA XXI 84,618 0 84,618
105 Uruguay Asociación Uruguaya de Planificación Familiar 82,915 (47,896) 35,019
106 Tajikistan Tajik Family Planning Alliance 79,472 0 79,472
107 Puerto Rico Asociación Puertorriqueña Pro-Bienestar de la Familia 76,912 1,350,000 1,426,912
108 France* Mouvement Français pour le Planning Familial 76,583 25,000 101,583
Shoqata Shqiptare per Popullsine dhe Zhvillimin/ Albanian
109 Albania 75,548 131,540 207,088
Center for Population and Development
Latvijas Ìimenes plânoðanas un seksuâlâs veselîbas
110 Latvia 72,646 0 72,646
asociâcija
111 New Zealand* New Zealand Family Planning 71,062 0 71,062
112 Singapore Singapore Planned Parenthood Association 70,066 1,792 71,858
113 Northern Ireland* The Family Planning Association of Northern Ireland 68,586 0 68,586
114 Portugal* Associaço Para o Planeamento da Família 68,288 52,566 120,854
115 Sri Lanka Family Planning Association of Sri Lanka 60,581 13,813 74,394
116 Moldova Societatea de Planificare a Familiei din Moldova 58,666 0 58,666
117 Ireland Irish Family Planning Association 58,415 88,392 146,807
118 Maldives Society for Health Education 50,000 0 50,000
119 Barbados The Barbados Family Planning Association 49,495 0 49,495
120 Lithuania Seimos Planavimo ir Seksualines Sveikatos Asociacija 47,823 905 48,728
121 Romania Societatea de Educatie Contraceptiva si Sexuala 47,004 0 47,004
 IPPF Financial Statements 2008 37

Rank Country Association Unrestricted $ Restricted $ Total $

122 Poland Towarzystwo Rozwoju Rodziny 30,000 40,000 70,000
The Former Yugoslav
123 Health Education and Research Association 30,000 0 30,000
Republic of Macedonia
124 Eritrea Family Reproductive Health Association of Eritrea 29,644 0 29,644
125 Germany* PRO FAMILIA Bundesverband 25,000 40,000 65,000
126 Canada* Canadian Federation for Sexual Health 15,957 0 15,957
127 Various Grants below $5,000 9,504 2,195 11,699
128 Turkey* Türkiye Aile Planlamasi Dernegi 8,083 0 8,083
129 Cyprus* Family Planning Association of Cyprus 7,324 0 7,324
Norsk forening for seksuell og reproduktiv helse
130 Norway 0 227,663 227,663
og rettigheter
131 Denmark Sex & Samfund – The Danish Family Planning Association 0 135,271 135,271
132 Finland Väestöliitto 0 135,271 135,271
133 Spain Federación de Planificación Familiar de España 0 100,107 100,107
134 Austria Österreichische Gesellschaft für Familienplanung 0 48,392 48,392
135 Switzerland Fondation Suisse pour la Santé Sexuelle et Reproductive 0 42,585 42,585
    Total Grants to Member Associations 45,038,607 16,398,538 61,437,145
*Non-grant receiving associations in receipt of non-recurrent unrestricted funding in 2008.
38 IPPF Financial Statements 2008

5 Grants to other organizations

The following organizations received cash and commodity grants as shown below.
This list includes organizations where IPPF are requested by donors to act as a
Secretariat for their funds and issue grants to groups they have identified.

Rank Country Partner Unrestricted $ Restricted $ Total $

Japanese Organisation for International Cooperation in Family
1
Planning (JOICFP)
China – Grants to organizations in China 110,000 0 110,000
Africa (Various) – Grants to organizations in Sub-Saharan Africa 100,000 0 100,000
Japan – Information & Campaigning 260,000 0 260,000
Japan – International Advocacy / Resource Mobilization 830,000 0 830,000
2 Papua New Guinea* Papua New Guinea Family Health Association 252,800 57,910 310,710
3 Kenya Centre for African Family Studies 200,000 0 200,000
4 South Africa Planned Parenthood Association of South Africa 196,380 0 196,380
5 Kiribati* Kiribati Family Health Association 179,832 40,992 220,824
6 Laos* Lao Field Office 170,487 0 170,487
Other organizations (Grants below $5,000 and requests to
7 Various 159,446 14,284 173,730
withhold public disclosure)
8 Zimbabwe* Zimbabwe National Family Planning Council 158,634 0 158,634
9 Sao Tome & Principe* Associação Santomense para o Planeamento Familiar 118,571 1,148 119,719
10 Seychelles* Alliance of Solidarity for the Family 80,756 0 80,756
11 Mexico Investigacion en Salud y Demografia, S.C. (INSAD) 32,305 32,305 64,610
12 Africa Association of Chief Execitives of Member Associations 31,436 0 31,436
13 Ukraine* NGO Women Health and Family Planning 30,000 0 30,000
14 Nigeria IPPF support for the 3rd African Federation of SRH conference 30,000 0 30,000
15 Argentina FEIM – Argentina 23,150 0 23,150
16 Argentina Fundacion para la Salud del Adolescente (FUSA) 20,700 0 20,700
Inter-American Parliamentary Group on Population
17 USA 20,000 0 20,000
& Development
18 Various Non-Profit Organizations Knowledge Initiative – NPOKI 10,000 105,787 115,787
19 Kenya Kenya Redcross 10,000 0 10,000
20 USA Trustees of Columbia University-NYC 9,062 0 9,062
21 Mexico Balance, Promocion-Desarrollo y Juventud 7,700 2,000 9,700
22 Mexico Catolicas por el Derecho a Decidir 7,000 281,000 288,000
23 Tunisia Avenir Sportif de la Marsa 6,000 0 6,000
24 Spain Women’s Link Worldwide 5,000 89,240 94,240
All Party Parliamentary Group on Population,
25 United Kingdom 5,000 15,000 20,000
Development & Reproductive Health
26 Kenya/Swaziland/Malawi Population Council 0 1,086,867 1,086,867
27 Colombia Fundacion Educacion para Salud Reproductiva 0 307,303 307,303
28 Colombia Orientame 0 168,032 168,032
29 Kenya Kisumu Medical and Education Trust (KMET) 0 167,403 167,403
30 Colombia Fundación Educación para la Salud Reproductiva 0 164,607 164,607
Planned Parenthood Federation of America-International
31 Nigeria 0 163,691 163,691
– Nigeria
32 Uganda Marie Stopes International – Uganda 0 161,294 161,294
33 Mexico Grupo de Información en Reproducción Elegida 0 156,034 156,034
34 South Africa Pathfinder International – South Africa 0 155,177 155,177
35 South Africa Ibis Reproductive Health, South Africa 0 154,406 154,406
36 Vietnam Marie Stopes International – Viet Nam 0 151,715 151,715
37 Argentina Católicas por el Derecho a Decidir (CDD) Córdoba, Argentina 0 145,523 145,523
38 Uruguay Iniciativas Sanitarias 0 145,276 145,276
39 Bangladesh Bangladesh Women’s Health Coalition 0 144,828 144,828
 IPPF Financial Statements 2008 39

Rank Country Partner Unrestricted $ Restricted $ Total $

40 Belgium European Parliamentary forum on Population & Development 0 135,271 135,271
41 The Netherlands World Population Foundation 0 135,271 135,271
42 France Equilibres & Populations 0 135,271 135,271
43 Germany Deutsche Stiftung Weltbevolkerung (DSW) 0 135,271 135,271
44 Ghana Pathfinder International – Ghana 0 134,288 134,288
45 UK Interact Worldwide 0 132,377 132,377
46 Nigeria Women’s Health & Action Research Centre 0 123,057 123,057
47 Sudan PPFA International – Sudan 0 117,523 117,523
48 Nepal Sunaulo Parivar Nepal (MSI) 0 116,017 116,017
49 Brazil Center for Research in Reproductive Health of Campinas 0 114,186 114,186
50 Brazil Feminist Center for Studies and Advisory Services 0 109,270 109,270
51 Africa Ipas Africa 0 104,910 104,910
52 Japan Asian Population and Development Association 0 100,000 100,000
53 Ethiopia Marie Stopes International – Ethiopia 0 96,993 96,993
54 Brazil Cunhã Coletivo Feminista 0 96,728 96,728
55 Chile Red de Salud de las mujeres Latinoamericanas y del Caribe 0 93,898 93,898
56 Thailand The Royal Thai College of Obstetricians and Gynaecologists 0 93,246 93,246
57 Mexico Comunicación, Intercambio y Desarrollo Humano en América Latina 0 81,798 81,798
General Assembly Binding Women for Reforms, Integrity, Equality,
58 Philippines 0 76,478 76,478
Leadership and Action
Center for Research on Environment Health and Population
59 Nepal 0 74,091 74,091
Activities
60 Belgium Sensoa VZW 0 73,392 73,392
61 Belgium Marie Stopes International – Belgium 0 68,655 68,655
62 Uruguay Iniciativas Sanitarias 0 67,152 67,152
63 United Kingdom Marie Stopes International 0 66,616 66,616
64 Mexico Centro de Atención Integral a la Pareja, A. C. 0 55,993 55,993
65 The Netherlands Rutgers Nisso Groep 0 50,054 50,054
Unione Italiana dei Centri di Educazione Matrimoniale e
66 Italy 0 47,593 47,593
Prematrimoniale
67 Argentina Centro de Estudios de Estado y Sociedad 0 46,985 46,985
68 Various Global Network of People Living with HIV/AIDS 0 45,045 45,045
69 Pakistan Association of People Living with HIV & AIDS 0 45,000 45,000
70 Uruguay Mujer y Salud en Uruguay 0 37,284 37,284
71 Thailand Asian Forum of Parliamentarians on Population & Development 0 35,000 35,000
72 Thailand Foundation for AIDS Rights 0 32,000 32,000
73 Belgium Inter-European Parlimentary Forum on Population & Development 0 30,000 30,000
74 Nigeria Health Reform Foundation of Nigeria 0 23,524 23,524
75 Thailand Mae Tao Clinic 0 23,479 23,479
76 USA Institute for Global Health 0 20,000 20,000
77 Swaziland Population Services International 0 18,829 18,829
78 USA Population Council 0 15,000 15,000
79 Dominican Republic Living Lens 0 11,934 11,934
80 Columbia Liga Columbiana de Lucha Contra el Sida 0 7,624 7,624
81 Argentina Centro de Estudios Sociales y Políticos para el Desarrollo Humano 0 5,167 5,167
    Total Grants to Partner Organizations 3,064,259 6,944,092 10,008,351

Total Grants to Member and Partner Organizations 48,102,866 23,342,630 71,445,496

40 IPPF Financial Statements 2008

6 Regional activities – 2008

Unrestricted
(1) (2) Charitable (3) Restricted
Programme Support activities Regional Programme
activities costs Sub total fundraising activities Total
$’000 $’000 $’000 $’000 $’000 $’000

Personnel costs 7,318 2,201 9,519 677 3,066 13,262

Consultancies 927 168 1,095 276 2,159 3,530
Travel 2,090 83 2,173 154 2,551 4,878
Occupancy 339 641 980 97 533 1,610
Communications 392 283 675 696 96 1,467
Other costs 548 669 1,217 52 776 2,045
Total 2008 11,614 4,045 15,659 1,952 9,181 26,792

1) Programme activities represent expenses directly attributable to the issuing or monitoring of grants to
Member Associations as well as providing technical assistance to allow the grant recipients to implement
programmes effectively. At the Regional Offices most staff will be involved as focal points for a selected
number of Associations as well as being an expert in a technical area e.g. HIV/AIDs, Access, Accreditation etc.

Regional activities by IPPF strategic priorities and supporting strategies – 2008

Total
Support Programme Regional
costs activities fundraising Total
$’000 $’000 $’000 $’000

Strategic Priorities
Adolescents 282 1,777 – 2,059
HIV/AIDS 362 3,525 – 3,887
Access 530 1,855 – 2,385
Abortion 340 1,858 – 2,198
Advocacy 544 3,531 – 4,075

Supporting Strategies
Accreditation & governance 395 1,395 – 1,790
Resource mobilization 295 277 1,952 2,524
Capacity building 1,060 5,775 – 6,835
Evaluation 237 802 – 1,039
Total 2008 4,045 20,795 1,952 26,792
 IPPF Financial Statements 2008 41

6 Regional activities – 2007

Unrestricted
(1) (2) Charitable (3) Restricted
Programme Support activities Regional Programme
activities costs Sub total fundraising activities Total
$’000 $’000 $’000 $’000 $’000 $’000

Personnel costs 6,905 2,297 9,202 472 2,343 12,017

Consultancies 836 139 975 135 850 1,960
Travel 2,249 710 2,959 40 1,805 4,804
Occupancy 695 742 1,437 129 73 1,639
Communications 220 207 427 186 74 687
Other costs 325 (128) 197 479 1,080 1,756
Total 2007 11,230 3,967 15,197 1,441 6,225 22,863

2) Support costs represent expenses on activities that are not directly attributable to the issuing or monitoring of grants
to Member Associations and include general management, finance, office facilities, human resources and information
technology. These are allocated across the Strategic Priorities and Supporting Strategies based on a proportion of direct
personnel costs attributable the implementation of the activities. This is the methodology used as part of the budget cycle in
order to correctly measure the overall costs of undertaking projects on the internal electronic Integrated Management System.
This methodology is applied to all areas of the IPPF and has been selected for consistency of use and ease of implementation.
3) Fundraising costs comprise of activities related to Regional income generation and resource development.

Regional activities by IPPF strategic priorities and supporting strategies – 2007

Total Programme
Support activities Regional
costs & support fundraising Total
$’000 $’000 $’000 $’000

Strategic priorities
Adolescents 344 1,841 – 2,185
HIV/AIDS 420 2,111 – 2,531
Access 557 1,972 – 2,529
Abortion 341 1,491 – 1,832
Advocacy 377 2,956 – 3,333
Supporting strategies
Accreditation & governance 360 1,521 – 1,881
Resource mobilization 190 89 1,441 1,720
Capacity building 1,095 4,596 – 5,691
Evaluation 283 878 – 1,161
Total 2007 3,967 17,455 1,441 22,863
42 IPPF Financial Statements 2008

7 Central activities – 2008

Unrestricted
(1) (2) Charitable (3) Restricted
Programme Support activities Central Programme
activities costs Sub total fundraising activities Total
$’000 $’000 $’000 $’000 $’000 $’000

Personnel costs 3,774 2,300 6,074 1,321 1,513 8,908

Consultancies 61 710 771 25 603 1,399
Travel 161 209 370 118 489 977
Occupancy 1 323 324 – 1 325
Communications 51 99 150 25 69 244
Other costs 543 4,392 4,935 115 1,545 6,595
Total 2008 4,591 8,033 12,624 1,604 4,220 18,448

1) Programme activities represent expenses directly attributable to the issuing or monitoring of grants to Member
Associations as well as providing technical assistance to allow the grant recipients to implement programmes effectively.
At the Central Office staff are generally not involved in issuing grants to Associations but provide technical support to
Regional Office staff and Associations.

Central activities by IPPF strategic priorities and supporting strategies – 2008

Programme
Support activities Central
costs & support fundraising Total
$’000 $’000 $’000 $’000

Strategic Priorities
Adolescents 339 416 – 755
HIV/AIDS 989 1,719 – 2,708
Access 305 409 – 714
Abortion 1,116 1,290 – 2,406
Advocacy 1,604 2,088 – 3,692
Supporting Strategies
Accreditation & governance 640 725 – 1,365
Resource mobilization 1,328 – 1,604 2,932
Capacity building 202 532 – 734
Evaluation 1,510 1,632 – 3,142
Total 2008 8,033 8,811 1,604 18,448
 IPPF Financial Statements 2008 43

7 Central activities – 2007

Unrestricted
(1) (2) Charitable (3) Restricted
Programme Support activities Central Programme
activities costs Sub total fundraising activities Total
$’000 $’000 $’000 $’000 $’000 $’000

Personnel costs 3,867 1,381 5,248 1,515 536 7,299

Consultancies 286 602 888 7 471 1,366
Travel 639 220 859 194 564 1,617
Occupancy – 417 417 – 1 418
Communications 63 66 129 23 26 178
Other costs 386 1,083 1,469 32 292 1,793
Total 2007 5,241 3,769 9,010 1,771 1,890 12,671

2) Support costs represent all other expenses incurred in the running of IPPF, and are allocated across the Strategic Priorities
and Supporting Strategies based on a proportion of direct personnel costs attributable the implementation of the activities.
This is the methodology used as part of the budget cycle in order to correctly measure the overall costs of undertaking
projects on the internal electronic Integrated Management System. This methodology is applied to all areas of the IPPF
and has been selected for consistency of use and ease of implementation.
3) Fundraising costs comprise of activities related to the Federation’s global income generation and resource development.

Central activities by IPPF strategic priorities and supporting strategies – 2007

Programme
Support activities Central
costs & support fundraising Total
$’000 $’000 $’000 $’000

Strategic Priorities
Adolescents 223 439 – 662
HIV/AIDS 278 1,242 – 1,520
Access 226 366 – 592
Abortion 262 701 – 963
Advocacy 543 1,420 – 1,963
Supporting Strategies
Accreditation & governance 416 739 – 1,155
Resource mobilization 970 – 1,771 2,741
Capacity building 233 473 – 706
Evaluation 618 1,751 – 2,369
Total 2007 3,769 7,131 1,771 12,671
44 IPPF Financial Statements 2008

8 Governance costs
2008 2007
Unrestricted Restricted Total Total
$’000 $’000 $’000 $’000

External audit fees 266 – 266 311

Other fees paid to external auditor (individual donor grant certificates) 11 1 12 54
Other audit/accountancy fees 170 25 195 33
Publishing financial statements 12 – 12 12
Cost of trustee meetings 2,289 – 2,289 2,111
Total 2,748 26 2,774 2,521
2008 2007
Total Total
$’000 $’000
Cost of trustee meetings comprises:
Air fares
861 654
Hotels 584 597
Per diems 126 202
Other 718 658
Total
2,289 2,111

2008 2007
Volunteers Total Total
Frequency Attending $’000 $’000

Governing Council Twice per annum 32 551 498

Audit Committee Twice per annum 6 55 36
Membership Committee Twice per annum 7 86 78
Regional Councils Once per annum 315 1,111 1,049
Regional Executive Committees Twice per annum 52 379 355
Other Ad–hoc 107 95
Total 2,289 2,111

The above costs are based on volunteer and staff costs associated with attending the meetings. The number of volunteers
attending the meetings are indicated. Only the 32 Governing Council members are UK trustees of IPPF.
 IPPF Financial Statements 2008 45

9 Employee numbers and emoluments

The average total number of staff employed during the year on full time contracts were:

Central Regional
Office Offices Total
2008 2008 2008

Technical Knowledge & Support 22 102 124

Strategic Planning, External Affairs, Advocacy & Communications 11 11 22
Management, Governance, Accreditation & Policy 16 21 37
Resource Mobilization 7 9 16
Support Services – Finance, Information Technology, Human Resources & Administration 18 71 89
Trading Subsidiary (ICON) 9 – 9
Total 2008 83 214 297
Total 2007 81 209 290

2008 2007
$’000 $’000

The cost of employing these staff was:

Gross salaries of individuals on IPPF payroll 16,340 15,394
Social security costs 1,704 1,703
Pension 1,567 85
Temporary staff employed through third party agencies 522 263
Other employee benefits 2,037 1,873
Staff employed through trading subsidiary 712 741
Total 22,882 20,059
46 IPPF Financial Statements 2008

9 Employee numbers and emoluments (continued)

2008 2007

The numbers of staff whose emoluments were over $100,000 (i.e. £60,000) fell into the following bands:
$100,000 to $110,000 7 9
$110,000 to $120,000 6 6
$120,000 to $130,000 4 7
$130,000 to $140,000 6 3
$140,000 to $150,000 2 –
$150,000 to $160,000 – 2
$160,000 to $170,000 – –
$170,000 to $180,000 1 –
$180,000 to $190,000 3 1
$190,000 to $200,000 1 –
$200,000 to $210,000 – 2
$220,000 to $230,000 3 2
$230,000 to $240,000 2 3
$260,000 to $270,000 – 1
$270,000 to $280,000 1 1
$300,000 to $310,000 1 1
$340,000 to $350,000 – –
$450,000 to $460,000 1 –
$470,000 to $480,000 – 1

Contributions were made to defined benefit pension schemes on behalf of 11 higher paid employees (2007: 8) and
contributions amounting to $386,226 (2007: $303,095) were made to defined contribution schemes on behalf of
24 higher paid employees (2007: 16).
No Ex-gratia payments were made during the year (2007: Nil)
No trustee received remuneration during the year (2007: Nil)
 IPPF Financial Statements 2008 47

10 Tangible fixed assets (group and charity)

Short leasehold Fixtures, fittings,
Freehold property & equipment &
property improvements computers Total
$’000 $’000 $’000 $’000

Cost or valuation
At 1 January 2008 9,815 1,366 4,206 15,387
Exchange adjustments – (4) (21) (25)
Additions – 13 352 365
Disposals – – (257) (257)
At 31 December 2008 9,815 1,375 4,280 15,470

Depreciation and amortization

At 1 January 2008 1,220 946 3,053 5,219
Exchange adjustments – (3) (14) (17)
Charge for the year 447 171 428 1,046
Released on disposal – – (254) (254)
At 31 December 2008 1,667 1,114 3,213 5,994

Net book values

At 31 December 2008 8,148 261 1,067 9,476
At 31 December 2007 8,595 420 1,153 10,168

All tangible fixed assets are held for charity use.

Freehold property relates to land and buildings held in Kuala Lumpur and London. The Kuala Lumpur, Malaysia
property was valued at 30 September 2006 by Jones Lang Wootoon, external qualified valuers. The market
value using the comparison method was RM7,800,000 ($2,236,777). The London, UK property was valued
at 20 November 2006 by Atisreal, external qualified valuers. The market value using the comparison method
was £4,275,000 ($6,187,079).
The above note includes US$3,662 in respect of the trading Subsidiary, ICON. This is excluded from the charity
balance sheet on page 24.
48 IPPF Financial Statements 2008

11 Investments (group and charity)

Listed on the American and New York Stock Exchanges

Unrestricted Restricted Endowment Total

$’000 $’000 $’000 $’000
Shares and securities at market value:
At 1 January 2008 38,255 2,534 1,241 42,030
Additions 6,721 – – 6,721
Disposal proceeds (10,201) (1,500) – (11,701)
Unrealized/realized gains for the year (6,012) (276) (240) (6,528)
At 31 December 2008 28,763 758 1,001 30,522

Shares and securities at historical cost:

At 31 December 2008 35,948 1,575 852 38,375
At 31 December 2007 35,096 1,575 852 37,523

The above figures include no cash held as part of the investment portfolio (2007: nil).
IPPF owns one £1 ordinary share in ICON Ltd. This wholly owned trading subsidiary is incorporated and registered in
England and Wales. The principal activity of the subsidiary is the supply of commodity services and social marketing
of contraceptives in conjunction with Member Associations.
Financial statements for the period ending 31 December 2008 have been prepared. The company ordinarily transfers
its profits to IPPF via gift aid. The profit includes inter-company income from IPPF, which is eliminated from the IPPF
consolidated financial statements. Due to the size of the profit no transfer will me made in 2009. Summary of the
turnover and expenditure and its profit for the year:

2008 2007
$’000 $’000

Turnover 4,342 2,716

Cost of sales (2,868) (1,696)
Gross profit 1,474 1,020
Total expenses (1,467) (1,005)
Profit on ordinary activities before taxation 7 15
Corporation tax (3) –
Profit on ordinary activities after taxation 4 15
Gift Aid to IPPF – –
Retained profit for the year 4 15

IPPF has a long term interest bearing loan of $247,500 to ICON, repayable in 2010-2012. Interest receivable on the loans
in the year amounted to $16,088 (2007: $14,850). These results have been adjusted on consolidation into IPPF’s financial
statements for intra-group transactions.

The aggregate amount of assets, liabilities and funds was:

2008 2007
$’000 $’000

Assets 1,849 763

Liabilities (1,767) (687)
Funds 82 76
 IPPF Financial Statements 2008 49

12 Long term loans (group and charity)

2008 2007
Unrestricted Restricted Total Total
$’000 $’000 $’000 $’000

Loans to Member Associations 211 1,841 2,052 1,239

Total 211 1,841 2,052 1,239

Loans of $321,630 to Member Associations are interest free.

In addition to the above loans, the charity balance sheet on page 24 includes the interest bearing loan of
$247,500 made to ICON (detailed in note 11).

13 Receivable from donors (group and charity)

2008 2007
Unrestricted Restricted Total Total
$’000 $’000 $’000 $’000

Compton Foundation – 10 10 10
European Commission (EC) – 223 223 1,132
Eric E & Edith H Bergstrom Foundation – 101 101 101
Government of Denmark – – – 920
Government of United Kingdom – – – 11
The John D and Catherine T MacArthur Foundation – 150 150 9
United Nations Fund for Population Activities (UNFPA) – 41 41 10
United Nations Programme on HIV/AIDS (UNAIDS) – 141 141 –
Anonymous donors – 152 152 300
Other (various) 296 – 296 1,140
Total 296 818 1,114 3,633
50 IPPF Financial Statements 2008

14 Deferred income (group and charity)

2008 2007
Unrestricted Restricted Total Total
$’000 $’000 $’000 $’000

Deferred income balances brought forward 1,967 1,159 3,126 1,207

Recognition of prior year’s deferred income (1,468) (1,159) (2,627) (571)
Income received for activities in future periods 3,251 2,051 5,302 2,626
Movement on lease benefits to be amortized over the lease period (136) – (136) (136)
Deferred income balances carried forward 3,614 2,051 5,665 3,126

15 Provisions (group and charity)

2008 2007
$’000 $’000

Opening balance 204 182

Arising in year due to exchange rate movement – 22
Reversal of unused provisions (30) –
Closing balance 174 204

Following an investigation by the Kenyan Revenue Authority in relation to unpaid employment taxes,
IPPF have provided $173,834.
The reversal of unused provisions relates to costs expected in respect of previous rental arrangements in the Europe Region,
which did not arise on settlement of the matter.
 IPPF Financial Statements 2008 51

16 Funds and reserves (group and charity)

Restricted funds
The use of these funds has been restricted by the donor indicated below.

Balance at Balance at
1 January 31 December
2008 Income Expenditure 2008
$’000 $’000 $’000 $’000

Government
Australia
Capacity Building in the Pacific Phase I 1,021 818 328 1,511
Capacity Building in the Pacific Phase II – 416 293 123
Denmark
Capacity Building the 5As 4 – – 4
Promoting SRH Education 901 450 490 861
Finland – Meeting Young People’s Sexual & Reproductive Health Needs (Nepal) 18 113 169 (38)
Germany
Addressing SRH of Youth in Angola 359 9 – 368
Improving Sexual & Reproductive Health of Young People in Haiti 35 1 41 (5)
Improving Sexual & Reproductive Health of Young People in Sierra Leone – 585 551 34
Reproductive Health in Sudan 27 (28) – (1)
Japan – HIV/STI/AIDS Trust Fund 2,604 1,083 867 2,820
States of Jersey – Access to Health Care in Mali 37 0 38 (1)
South Korea
Emergency Reproductive Health Services in Banda Aceh (post Tsunami) 28 – (5) 33
Access to RH in Burkina Faso, Lesotho and Uganda 315 250 243 322
The Netherlands
Youth Incentives Funds 35 – 44 (9)
Intensification Sexual and Reproductive Health and Rights (SRHR) – 4,200 216 3,984
New Zealand – Reproductive Health Facility for the Pacific – 232 206 26
Spain
Improve Sexual and Reproductive Rights and Reduce Maternal Mortality in Sudan – 169 112 57
United Nations Fund for Population Activities (UNFPA) Advocacy Programmes – – 1,114 (1,114)
Sweden – Africa Region 18 (18) 0 0
United Kingdom
Joining Forces for Voice and Accountability (Europe and Western Hemisphere) – 791 658 133
Improving the Sexual and Reproductive Health and Rights for Young Women in Nepal – 151 46 105
Safe Motherhood Gender Based Violence in South Asia Region 44 71 55 60
People Living with HIV Stigma Index Research – 340 418 (78)
Men’s SRHR and Men as Partners – 124 107 17
United States of America (USAID)
Western Hemisphere Region – Sustainability Fund 3,367 (181) 666 2,520
Multi–donor Fund – Safe Abortion Action Fund 3,267 4,377 4,132 3,512
Total government restricted funds 12,080 13,953 10,789 15,244
52 IPPF Financial Statements 2008

16 Funds and reserves (continued)

Balance at Balance at
1 January 31 December
2008 Income Expenditure 2008
$’000 $’000 $’000 $’000

Multilateral and other sources

Arab Gulf Fund – Youth Health Protection 27 80 100 7
Erik E & Edith H Bergstrom Foundation
Promoting Real Options – 85 500 (415)
WHR Clinic Services (Bolivia) 2 274 152 124
Big Lottery Fund
Brongo–ahafo project, Ghana (8) 160 120 32
Saving Mothers’ Lives in Yemen 153 (153) – –
Compton Foundation
Public Health Institute – Emergency Contraceptives 25 10 – 35
Elton John AIDS Foundation
Integration of HIV Services within a SRH Setting – 54 – 54
European Commission
ECOWAS: Ownership to Donorship 37 1 43 (5)
Europe Region Youth SRH&R Promotion (45) 85 120 (80)
Family Based Violence in Afghanistan 181 1 183 (1)
Improving SRH&R for Street Kids 691 9 841 (141)
Safe Motherhood in South Asia 77 472 520 29
Vision 2000 Fund Project 118 3 375 (254)
Tacis – Building a Civil Society Platform on SRHR (31) – – (31)
Equilibres et Population – Emergency Contraception 7 – 2 5
Ford Foundation
Bill of Sexual Rights 102 – 40 62
Declaration of Sexual Rights – 200 – 200
CSE assessment Central America – 100 69 31
Building Consensus Rights – 18 18 –
Bill & Melinda Gates Foundation
Assessing Benefits of Integrated HIV and Reproductive Health – Africa 2,744 38 1,970 812
Europe Champions RH Champions Worldwide (37) – – (37)
Tackling the Supply Challenge 569 1,784 2,450 (97)
Gesellschaft fur Technische. Zusammenarbeit (GTZ) – Making Money Work for Women 7 26 45 (12)
Good Gifts
Bicycles for Midwives – Africa 20 – 14 6
Bicycles for Midwives – India – 33 33 –
Harry and Julia Abrahamson Fund for Youth SRH Services 200 – 183 17
William and Flora Hewlett Foundation
Emergency Assistance for RH in Tsunami Affected Areas 18 – – 18
Getting Closer: HIV/AIDS and SRH 47 – 47 –
Global Advocacy Europe Region 33 – – 33
Global Advocacy Umbrella grant 1,147 2,425 1,177 2,395
Emergency Funds for Kenya – 25 14 11
Video Conferencing Equipment 1 – 1 –
 IPPF Financial Statements 2008 53

Balance at Balance at
1 January 31 December
2008 Income Expenditure 2008
$’000 $’000 $’000 $’000

International Federation of the Red Cross

Code of Practice 3 – (1) 4
Self assessment tools – Men and Boys – 3 4 (1)
Self assessment tools – HIV/AIDS – 5 3 2
IPAS Abortion Meeting – 30 – 30
The John D & Catherine T MacArthur Foundation
ASTECS (4) – 42 (46)
Europe Region – Strengthening ICPD 10 71 128 (47)
International Advocacy to Advance SRH&R (10) 110 – 100
Capacity Building MAs’ Research 20 – 23 (3)
Building Capacity of MAs to enhance Governance, Management 80 170 67 183
SRH Youth Mexico 150 – 150 –
The MAC AIDS Foundation – People Living with HIV Stigma Index UK – 227 4 223
Overbrook Foundation 40 – – 40
Sir David Owen Memorial Fund 64 2 – 66
The David and Lucile Packard Foundation
Country Global Pathways I 371 7 224 154
Country Global Pathways II 766 18 186 598
APCRSH Conference 4 (4) – –
Leadership Transition Fund 137 2 122 17
Institutional Strengthening – Ethiopia MA 10 – 10 –
L & H Price Foundation
Expanding Social and Economic Empowerment of Women – Pakistan 20 – 20 –
Improving the SRH Status of Young Women – Nepal 50 50 50 50
Prospect Hill Foundation – SRH Guatemala – 70 70 –
Helen Seymour Fund 202 5 – 207
Population Action International – Resource Mobilisation and Awareness 426 1,557 1,370 613
Summit Foundation
Youth Friendly Services (Belize) 13 – 14 (1)
Youth Advocates for SRHR in Development – 60 60 –
United Nations Development Programme (UNDP) –
11 – – 11
EuroNGO’s – Annual General Meeting
United Nations Foundation – Young Women’s Voices – 68 62 6
United Nations Fund for Population Activities (UNFPA)
Reproductive Health Mozambique 32 150 83 99
Strengthening SRH/HIV linkages Part 1 – 128 128 –
Strengthening SRH/HIV linkages Part 2 – 196 147 49
Sexual Violence (WHR) – 321 213 108
Solomon Islands Earthquake Relief – – (10) 10
Special Projects – 4 4 –
54 IPPF Financial Statements 2008

16 Funds and reserves (continued)

Balance at Balance at
1 January 31 December
2008 Income Expenditure 2008
$’000 $’000 $’000 $’000

United Nations Programme on HIV/AIDS (UNAIDS)

Report Cards China and Jamaica 41 40 97 (16)
PLWA Index Briefing Pack 13 – 28 (15)
PLHIV – 60 75 (15)
SRH & HIV/AIDS: Framework for Priority Linkages 10 – – 10
Technical Support Facility (ESEAOR) 1,446 2,067 2,798 715
Report Cards Young Women and Girls – 106 160 (54)
West African Health Organisation – WAHO 5 – – 5
The Westwind Foundation
Advocacy 60 – – 60
UC Foundation, Trust, and Government – 75 75 –
World Conservation Union – IUCN 18 – 18 –
Multi-donor Fund – EuroNGOs 36 – – 36
Multi-donor Fund – NPOKI 113 – 113 –
Anonymous donors (not disclosed at their request) 3,626 7,342 10,353 615
Other (various) 331 15 74 –
Total multilateral and other sources 14,179 18,685 25,981 6,883

Total restricted funds 26,259 32,638 36,770 22,127

 IPPF Financial Statements 2008 55

Unrestricted funds and reserves

Unrestricted funds and reserves are those free of any donor restriction on their use. All unrestricted funds
and reserves, apart from the General Fund, are designated by IPPF for specific purposes as noted below.

Fixed Other WHR

asset Staff Translation designated sustainability Innovation Pension General
Unrestricted funds Note reserve reserve reserve funds fund fund fund fund Total
and reserves $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000

Balance at 1 January 2008 10,168 1,224 2,532 10,608 28,139 3,793 (10,336) 37,714 83,842
Regional savings a – – – 1,910 – – – (1,910) –
IPPF allocation to Innovation Fund b – – – – – 2,250 – (2,250) –
IPPF allocation to Translation
c – – 1,700 – – – – (1,700)
Reserve
IPPF allocation to Emergency
d – – – 1,000 – – – (1,000) –
Commodity Fund
Fixed asset purchase e 365 – – – – – – (365) –
IPPF allocation to Mid-Term
f – – – 250 – – – (250) –
Strategic Review
Total transfers between funds 365 – 1,700 3,160 – 2,250 – (7,475) –
Net incoming (outgoing)
(1,048) (50) – (3,695) (1,206) (1,996) 4,698 5,407 2,110
resources
Net gains (losses) on investment
– – – – (6,160) – – 148 (6,012)
assets
Actuarial gains/ (losses) on defined
– – – – – – (530) – (530)
benefit scheme
Foreign exchange movements on
– – – – – – 2,043 – 2,043
pension liability
Foreign exchange movement
(9) – – – – – – 176 167
arising upon consolidation
Balance at 31 December 2008 9,476 1,174 4,232 10,073 20,773 4,047 (4,125) 35,970 81,620

Explanations of movements on unrestricted d Surplus funds of US$1 million have been

funds and reserves in the year: allocated to cover future registration
costs for contraceptive supplies in a
a During the year regions made savings of
number of countries.
US$1,909,854. These funds are allocated
to a designated fund for utilization in e The fixed asset reserve represents the
projects occurring in 2009. net book value of the fixed assets. The
transfer of US$364,775 represents a
b US$2.25 million was allocated to the
transfer from the general fund in order
Innovation Fund to allow the completion
to meet purchase costs of new assets.
of the former Vision 2000 projects as
well as provide new funds for projects f US$250,000 has been allocated to cover
selected for funding under the new costs associated with the mid-term review
Innovation Fund criteria. of the delivery of the Strategic Plan, to be
undertaken in 2009.
c Surplus funds of US$1.7 million, resulting
from foreign currency gains in the first
half of the year, were allocated to a
designated fund in May 2008, to provide
for foreign currency risk in 2009.
56 IPPF Financial Statements 2008

16 Funds and reserves (continued)

Unrestricted funds and reserves (continued)

Fixed asset reserve This represents the value of IPPF funds invested in unrestricted fixed assets (see note 10) or allocated for
their replacement.
Staff reserve These funds have been set aside to provide for redundancy and other separation costs in the event that IPPF should
terminate its activities. This requirement only applies to the staff within the Western Hemisphere Regional Office.
Translation reserve This reserve is used to absorb unexpected movements in the exchange rate which adversely affect the IPPF income forecasts.
Other designated funds These include the 21st Century Fund (for sustainability projects in South American Member Associations) and various
funds set aside for use by specific IPPF Regional Offices.
WHR sustainability fund This fund was established by the Western Hemisphere Region during 2002 following the receipt of a single legacy to
be used within that Region. The WHR Board have agreed to keep the legacy intact and to use the income generated for
activities within the region. 3.5% of the fund is released per-annum, 50% of which funds Regional Office projects and
50% funds Member Association projects.
Innovation fund The Innovation fund is used to develop innovative projects centred around the IPPF Five ‘A’s.
Pension Reserve This fund represents the value of IPPF’s assets and liabilities arising in respect of the Central Office Defined Benefit
Pension Scheme, which was closed in 2007. The movements in this fund are detailed in note 20.
General fund This contains the unrestricted funds of IPPF which are free of donor restrictions for specific activities or countries.
These will fund future activities.

17 Forward commitments

2008 2007
$’000 $’000

Orders for contraceptives and services due within one year 120 128

The commitments recognized are orders placed by the year-end but not yet delivered to IPPF, for which there is a legal
obligation to make payment to the supplier.

Operating lease commitments:

At 31 December, the following annual non-cancellable operating lease rental commitments existed:

Expiring
In the next 1-2 years 260 242
Between 2-5 years 556 749
Over 5 years 164 –
 IPPF Financial Statements 2008 57

18 Contingent liability
The Kenyan Revenue Authority is currently requesting payment of taxes on employment income which IPPF believed
was exempt by the Ministry of Foreign Affairs. Following similar claims relating to other tax periods which were
successfully defended, management disclose a contingent liability of $198,893. This is in addition to the balance of
$173,834 provided for within the 2008 balance sheet (included in note 15).
In the ordinary course of business IPPF is subject to certain legal actions. In the opinion of management, such matters
will not have a material effect on the financial position of IPPF.

19 Funds Held on Behalf of Third Parties

At 31 December 2008, IPPF held funds on behalf of the Member Association of Guatemala amounting to
$8,092,202 (2007: $10,037,263). These funds are held by IPPF WHR Inc as part of the overall investment portfolio.
The funds are not included in the balance sheet as the trustees do not have a legal obligation to ensure their
charitable application. The funds are invested as a separate fund, managed by the investment managers GMO.
At 31 December 2008, IPPF also held a sterling cash balance amounting to $400,606 (£276,678 in sterling)
belonging to White Ribbon Alliance for Safe Motherhood, on behalf of whom IPPF was acting as UK fiscal agent.
These funds are included within the balance sheet, within accruals and other creditors.
58 IPPF Financial Statements 2008

20 Pension schemes
IPPF operates four pension schemes Following the actuarial valuation The Western
as described below: results at 1 July 2006 a decision was Hemisphere Regional
taken to close the scheme to the Office pension scheme
The Central Office defined current members from 1 September
benefit pension scheme Most full-time staff in the Western
2007. This followed the earlier
Hemisphere Regional Office are
This is a defined benefit scheme decision in September 2003 to close
members of this defined contribution
covering full-time staff in the Central the scheme to new members. The
scheme. It is non-contributory for staff,
Office, London. The assets of the Recovery Plan was submitted to the UK
and IPPF contributes 11.37% of eligible
fund are managed by independent Pension Regulator on 27 September
employee compensation.
professional investment managers. 2007 and accepted on 4 February
2008. The plan will eliminate the The 2008 pension charge for this
The scheme’s assets and liabilities are deficit by 30 September 2017 based scheme is $496,798 (2007: $458,568).
calculated by professional actuaries. on annual employer contributions
The most recent formal actuarial of $1.959 million. As part of the The overseas staff
valuation as at 1 July 2006 was deficit elimination plan an employer pension scheme
performed using the Projected Unit contribution of $3 million was made in Most full-time staff in the Africa
Credit Method with a control period December 2007. This was in addition Regional Office and some members
of 20 years. Under this method the to the funding levels agreed as part of of the Arab World and South Asia
current service cost will increase as the July 2003 actuarial valuation and Regional Offices are members of this
the members of the Fund approach recognized the importance to IPPF of scheme. It is a defined contribution
retirement. The main assumptions reducing the deficit in the scheme. scheme under which IPPF contributes
used in the valuation were:
From 1 September 2007 the former 12% of basic salary, and is non-
• Investment return 6.6% per annum members of this scheme were contributory for staff.
pre retirement and 4.8% per annum offered defined contribution pension The 2008 pension charge for this
post retirement arrangements. scheme is $187,551 (2007: $237,112).
• Pension increases 2.75% per annum
The Central Office defined At 31 December 2008 there
• Salary growth 3.75% per annum contribution pension scheme were no outstanding or prepaid
contributions for any of the defined
The report for the actuarial valuation Since 2003, a defined contribution
contribution schemes.
as at 1 July 2006 showed the fund to pension scheme has been offered to
have an asset value of $30.111 million permanent staff in the Central Office,
under the ongoing valuation method. London. IPPF contributes 7% of salary
This is equivalent to a funding level of (2007: 7%), and it is non-contributory
62% (market value of assets versus for staff. For staff previously included
liabilities). in the defined benefit scheme a
contribution of 10% of salary is made.
A pension strategy was approved in
October 2006 which commits IPPF The 2008 pension charge for this
to funding the current deficit in the scheme is $521,840 (2007: $411,016).
scheme over the next 10 years.
 IPPF Financial Statements 2008 59

FRS 17 disclosure note

There is one defined benefit pension scheme providing benefits on final pensionable salary, the Central Office
pension scheme. The latest full actuarial valuation of this scheme was carried out at 1 July 2006 and was updated
for FRS 17 purposes to 31 December 2008 by a qualified independent actuary.
The pension cost charge for the period represents contributions payable by IPPF to the scheme and were as follows:

2008 2007
$’000 $’000

4,846 3,955

There were no outstanding or prepaid contributions at the year end (2006 :nil).

The major assumptions used in the FRS 17 valuation were:

2008 2007 2006
per annum per annum per annum
Inflation 3.0% 3.0% 2.75%
Salary increases N/a N/a 3.75%
Rate of discount 6.45% 5.8% 5.1%
Pension increases:
Pre 88 GMP Nil Nil Nil
Post 88 GMP 3.0% 3.0% 2.75%
Excess over GMP accrued pre 1.3.1998 6.0% 6.0% 6.0%
Excess over GMP accrued between 1.3.1998 and 31.7.2002 5.5% 5.5% 5.5%
Excess over GMP accrued between 1.8.2002 and 5.4.2005 3.0% 3.0% 2.5%
Excess over GMP accrued from 5.4.2005 2.5% 2.5% 2.25%

The present value of the scheme liability was calculated as follows, using the updated year of birth series adjusted for
the medium cohort.
2008 2007 2006

Pre retirement mortality (male/female) PMA92BY/PFA92BY PMA92BY/PFA92BY PMA92BY/PFA92BY

Post retirement mortality for non pensioner members (male/female) PMA92BY/PFA92BY PMA92BY/PFA92BY PMA92BY/PFA92BY
Post retirement mortality for pensioner members (male/female) PMA92BY/PFA92BY PMA92BY/PFA92BY PMA92BY/PFA92BY

The assumptions used by the actuary are chosen from a range of possible actuarial assumptions which, due to the
timescale covered, may not necessarily be borne out in practice.
60 IPPF Financial Statements 2008

20 Pension schemes (continued)

Scheme assets
The fair value of the scheme’s assets, which are not intended to be realised in the short term and may be subject to
significant change before they are realised, and the present value of the scheme’s liabilities, which are derived from
cash flow projections over long periods and thus inherently uncertain, were:

2008 2007 2006

$’000 $’000 $’000

Equities 12,378 19,668 18,347

Bonds 12,386 13,755 12,322
Cash 2,185 3,170 668
Total market value of assets 26,949 36,593 31,377
Present value of scheme liability (31,074) (46,929) (52,081)
Deficit in scheme – Net pension liability (4,125) (10,336) (20,744)

The expected rates of return on the assets in the scheme were:

Long–term rate Long–term rate Long–term rate
of return of return of return
expected at expected at expected at
31/12/2008 31/12/2007 31/12/2006

Equities 8.4% 8.0% 7.75%

Bonds 4.9% 4.5% 4.75%
Cash 4.9% 4.75% 4.5%

Movement in pension fund liability during the year:

2008 2007
$’000 $’000

Deficit in scheme at 1 January 2008 (10,336) (20,744)

Employer’s current service cost – (236)
Employer’s contributions 4,846 3,955
Curtailment gain 1,490
Other finance income (148) (519)
Actuarial gain/(loss) (530) 6,226
Exchange rate movement 2,043 (508)
Deficit in scheme at 31 December 2007 (4,125) (10,336)

The curtailment gain arises because the scheme closed to future accrual on 1 September 2007, with all active
members being given deferred pensions at that date. This means that benefits for those members now increase
broadly in line with price inflation in future. Previously, these benefits increased in line with salary.
The exchange rate movement represents the difference in the exchange rate used to value the balance sheet
in 2007 and 2008.
The actuary has confirmed that the valuations made above under the requirements of FRS 17 do not indicate
that there is an immediate funding requirement or that there is any need to change the current funding rates
made by the employer to the pension scheme.
The pension fund liability of $4.125 million does not exceed the unrestricted funds balance.
 IPPF Financial Statements 2008 61

Charge to the Statement of Financial Activities over the financial year:

2008 2007
$’000 $’000

Employer’s current service cost – 236

Curtailment gain – (1,490)
Total operating charge – (1,254)
Expected return on pension fund assets (1,802) (2,165)
Interest on pension funds liabilities 1,950 2,684
Net Return 148 519
Total charge to the Statement of Financial Activities 148 (735)

History of experience gains and losses

2008 2007 2006 2005 2004

Difference between the actual and expected return on scheme assets:

Amount ($’000) (4,586) (190) 227 2,224 431
Percentage of year end scheme assets (17%) (1%) 1% 9% 2%
Experience gains and losses on scheme liabilities:
Amount ($’000) – – 1,848 (368) (314)
Percentage of year end present value of the scheme liabilities 0% 0% 4% (1%) (1%)
Total amount recognized in the statement of total recognized gains and losses:
Amount ($’000) (530) 6,226 1,396 (5,965) (1,578)
Percentage of year end present value of scheme liabilities (2%) 13% 3% (13%) (4%)

21 Related parties
IPPF require each Governing Council Some members of the Governing The outgoing Treasurer, Mrs Helen
member and Audit Committee Council are Presidents of Member Eskett served as a Board member and
member to complete an annual Associations who receive grants from Chair of the IPPF subsidiary company,
declaration of material transactions IPPF in accordance with the volunteer ICON Ltd during 2008.
and interest form. These are reviewed governance structure of IPPF.
The Audit Committee of IPPF have
by senior management and the Audit
One trustee, Mrs Mariam Mint reviewed the above disclosures and
Committee. All IPPF staff are also
Ahmed Aicha has a brother who is a do not consider that any indicate a
required to complete such a form on
senior staff member in the Member conflict of interest. There are no other
joining the organization which is then
Association of Mauritania. The total related party interests or transactions
up-dated as individual circumstances
grant to the Member Association in that require disclosure.
change. These forms are reviewed by
2008 was $504,437.
Senior Management. These procedures
are part of the policy which aims to
ensure that people act in the best
interests of IPPF at all times and that
there is openness and transparency
concerning any actual or potential
conflict of interest.
62 IPPF Financial Statements 2008

Contacts
Members of the Governing Africa Region
Council entitled to vote Ms Aku Xornam Adzraku Ghana
at its May 2008 meeting
Mr Bebe Fidaly Madagascar
Mrs Hannatu L Ibrahim Nigeria
Dr Naomi Seboni Botswana
Arab World Region
Mrs Mariam Mint Ahmed Aicha Mauritania
Mrs Kawthar Al–Khaier Syria
Dr Moncef Ben Brahim Tunisia
Prof Said Badri Kabouya Algeria
Ms Abeer Ghaleb Yemen
East, South East Asia & Oceania Region
Mrs Sally Betham Samoa
Mrs Helen Eskett (Treasurer) New Zealand
Prof Ho Pak Chung Hong Kong
Prof Dr Mary Huang Soo Lee Malaysia
Mr Tang Kun China
Europe Region
Mr Gert–Inge Brander Sweden
Ms Elena Dmitrieva Russia
Ms Eva Palasthy Switzerland
Mr Paul Soemer Germany
Ms Lene Stavngaard Denmark
South Asia Region
Mr Dinidu De Alwis Sri Lanka
Mr Syed Munir Husain Pakistan
Ms Fathimath Shafeega Maldives
Dr Safieh Shahriari Iran
Dr Nozer Sheriar India
Western Hemisphere Region
Ms Diana Barco Colombia
Ms Andrea Cohen Canada
Mr Moisés Russo Chile
Dr Jacqueline Sharpe (President) Trinidad and Tobago
Dr Esther Vicente Puerto Rico
 IPPF Financial Statements 2008 63

Members of the Mrs Khadiga Ismail Magzoub Sudan

Audit Committee
Prof Barbro Lenner–Axelson (Chair) Sweden
Ms Bernadetta Ndunguru Tanzania
Mr Saeed Ahmand Qureshi Pakistan

Members of the Mr Gert–Inge Brander Sweden

Membership Committee
Prof Dr Mary Huang Soo Lee Malaysia
Prof Said Badri Kabouya Algeria
Dr Malefetsane Ngatane South Africa
Ms Fathimath Shafeega (Chair) Maldives
Dr Esther Vicente Puerto Rico
64 IPPF Financial Statements 2008

Members of the Governing Africa Region

Council entitled to vote at Mr Bebe Fidaly Madagascar
its November 2008 meeting
Mr Eric Guemne Kapche Cameroon
Mrs Felicite Nsabimana Mali
Dr Naomi Seboni (Treasurer) Botswana
Mrs Roseline Toweh Liberia
Arab World Region
Mrs Mariam Mint Ahmed Aicha Mauritania
Mrs Kawthar Al-Khaier Syria
Mr Ahmed Al Sharefi Iraq
Dr Moncef Ben Brahim Tunisia
Prof Said Badri Kabouya Algeria
East, South East Asia & Oceania Region
Dr Kamaruzaman Ali Malaysia
Ms Linda Penno New Zealand
Dr Maria Talaitupu Kerslake Samoa
Ms Wong Li Leng Malaysia
Dr Zheng Zhenzhen China
Europe Region
Ms Kadija Azougach France
Mr Deniz Deralla Albania
Ms Elena Dmitrieva Russia
Ms Ruth Ennis Ireland
Ms Eva Palasthy Switzerland
South Asia Region
Ms Padma Cumaranatunge Sri Lanka
Ms Begum Surayya Jabeen Pakistan
Mr Subhash Pradhan Nepal
Mr Ankit Saxena India
Ms Fathimath Shafeega Maldives
Western Hemisphere Region
Ms Maria Ignacia Aybar Chile
Ms Andrea Cohen Canada
Mr Carlos Welti Mexico
Dr Jacqueline Sharpe (President) Trinidad and Tobago
Dr Esther Vicente Puerto Rico
 IPPF Financial Statements 2008 65

Members of the Mrs Helen Eskett New Zealand

Audit Committee
Mrs Leila Khaled Sudan
Prof Barbro Lenneer-Axelson Sweden
Mr J. E. Mistry India

Members of the Mr Bebe Fidaly Madagascar

Membership Committee Prof Said Badri Kabouya Algeria
Ms Eva Palasthy Switzerland
Ms Linda Penno New Zealand
Ms Fathimath Shafeega (Chair) Maldives
Dr Esther Vicente Puerto Rico
66 IPPF Financial Statements 2008

Senior Management Team Director-General: Gill Greer

Deputy Director-General: Lyn Thomas
Director, Organizational Effectiveness & Governance: Garry Dearden
Director, Technical Knowledge & Support: Nono Simelela
Africa Regional Director: Tewodros Melesse
Arab World Regional Director: Mohamed Kamel
East and South East Asia and Oceania Regional Director: Raj Karim
European Network Regional Director: Vicky Claeys
South Asia Regional Director: Anjali Sen
Western Hemisphere Regional Director: Carmen Barroso
Finance Director: John Good

Registered Address 4 Newhams Row, London, SE1 3UZ, United Kingdom

tel: +44 (0)20 7939 8200
fax: +44 (0)20 7939 8300
web: www.ippf.org
email: info@ippf.org

Principal Banker Barclays Bank Plc, One Churchill Place, London, E14 5HP, United Kingdom

Principal Investment Managers GMO, 40 Rowes Wharf, Boston MA 02110, Massachussets

External Auditor KPMG LLP, 1 Forest Gate, Brighton Road, Crawley, RH11 9PT, United Kingdom

Solicitor IPPF uses the services of several law firms, each one in accordance with their
area of expertise. Further information is available on request.

How to help If you would like to support the work of IPPF or any of our national affiliates by
making a financial donation please visit our website at www.ippf.org or contact
IPPF Central Office in London, UK.
68 IPPF Financial Statements 2008

Our Vision
IPPF envisages a world in which all women, men and young
people have access to the information and services they need;
a world in which sexuality is recognized both as a natural and
precious aspect of life and as a fundamental human right; a
world in which choices are fully respected and where stigma
and discrimination have no place.

Our Mission
IPPF aims to improve the quality of life of individuals by
campaigning for sexual and reproductive health and rights
through advocacy and services, especially for poor and
vulnerable people.
We defend the right of all young people to enjoy their sexual
lives free from ill health, unwanted pregnancy, violence and
discrimination. We work to ensure that women are not put
at unnecessary risk of injury, illness and death as a result of
pregnancy and childbirth. We support a woman’s right to
choose to terminate her pregnancy legally and safely.
We strive to eliminate sexually transmitted infections (STIs)
and reduce the spread and impact of HIV/AIDS.

Our Core Values

IPPF believes that sexual and reproductive rights should be
guaranteed for everyone because they are internationally
recognized basic human rights. We are committed to gender
equality, and to eliminating the discrimination which threatens
individual well-being and leads to the widespread violation of
health and human rights, particularly those of young women.
We value diversity and especially emphasize the participation of
young people and people living with HIV/AIDS in our governance
and in our programmes. We consider the spirit of volunteerism to
be central to achieving our mandate and advancing our cause.
We are committed to working in partnership with communities,
governments, other organizations and donors.
IPPF is a global service provider and a leading
advocate of sexual and reproductive health
and rights for all. We are a worldwide
movement of national organizations working
with and for communities and individuals.
IPPF works towards a world where women,
men and young people everywhere have
control over their own bodies, and therefore
their destinies. A world where they are free to
choose parenthood or not; free to decide how
many children they will have and when; free
to pursue healthy sexual lives without fear of
unwanted pregnancies and sexually transmitted
infections, including HIV. A world where gender
or sexuality are no longer a source of inequality
or stigma. We will not retreat from doing
everything we can to safeguard these
important choices and rights for current
and future generations.
Cover
Main Photo:
• IPPF/ Chloe Hall/ Bulgaria

Three bottom photos (L-R)

• IPPF/ Chloe Hall/ Indonesia
• IPPF/ Chloe Hall/ Mauritania
• IPPF/ Chloe Hall/ Ethiopia

Back cover (L-R)

• IPPF/ Jon Spaull/ Colombia
• IPPF/ Chloe Hall/ Bulgaria
• IPPF/ Peter Caton/ India

Inside pages
P4 IPPF/ Chloe Hall/ Mauritania
P5 IPPF/ Jenny Matthews/ Bangladesh
P7 IPPF/ Chloe Hall/ Syria
P9 IPPF/ Chloe Hall/ Mauritania
P10 Irish FPA/ Ireland
P11 IPPF/ Chloe Hall/ Bulgaria
P12 IPPF/ Arushi Singh/ Nepal
P14 IPPF/ Chloe Hall/ Denmark
P17 IPPF/ Nichole Sobecki/ Bolivia
P19 IPPF/ Jane Mingay/ Rwanda
P21 IPPF/ Peter Caton/ India
P67 IPPF/ Chloe Hall/ Bulgaria
 From choice, a world of possibilities

Financial
Statements
2008

Published in May 2009 by

International Planned Parenthood Federation
IPPF
Designed by Engage Group www.engagegroup.co.uk

4 Newhams Row
London SE1 3UZ
United Kingdom
tel +44 (0)20 7939 8200
fax +44 (0)20 7939 8300
email info@ippf.org
web www.ippf.org
UK Registered Charity No. 229476

Printed on 75% recycled, chlorine-free paper,

an NAPM approved recycled product.