Financial statements

2019
Who we are

The International Planned Parenthood

Federation (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.
   IPPF Financial Statements 2019 1

Contents

Executive summary 2

Annual report of the Governing Council (Trustees’ report) 4

Financial review 24

Independent auditor’s report to the members of the Board of Trustees

of International Planned Parenthood Federation (IPPF) 38

Statement of financial activities:

Charity  40
Group41

Balance sheets 42

Consolidated cash flow statement 43

Notes to the financial statements 45

Appendix 1:
Unaudited statement of financial activities 70
Unaudited balance sheet71

Members of the Board of Trustees 72

Contact names and addresses 74

2 IPPF Financial Statements 2019 

Executive summary

This report presents progress and results for the year ended During 2019, three centres of expertise were set up to accelerate
31 December 2019 against each of IPPF’s four expected outcomes the IPPF Strategic Framework as part of the Secretariat Business
and delineates plans for 2020. Plan. The centres are working on: Social movements – led by
the Association Marocaine of Planification Familial in Morocco;
Countering opposition led by the WHR in consortia with Planned
Championing Rights – Outcome 1 Parenthood Federation of America PPFA and the European
In 2019, we worked across the world with our partners to Parliamentarian Forum (“EPF”) and Winning narratives led by the
successfully secure 141 changes to laws, policies, practices and Institute of Bioethics, Human Rights and Gender (“ANIS”) in Brazil
budgets in favor of sexual and reproductive health and rights, in consortia with the IPPF European Network Regional Office.
gender equality and women’s empowerment at the sub-national,
national, regional and international levels. In 2020, IPPF will further invest in advocacy at all levels, supporting
learning among Member Associations advocacy experiences,
In 2019 the first-ever IPPF advocacy strategy was approved after engaging with civil society coalitions to organize common action
18 months consultation. The IPPF Advocacy Common Agenda and targeting key decision makers such as parliamentarians and
(www.ippf.org/resource/ippfs-advocacy-common-agenda) focuses key institutions to ensure the advance of SRHR and women’s rights.
on achieving national political change and accountability, directing The IPPF’s advocacy common agenda is committed to achieve its
our international and regional advocacy to influence national principles of being youth-centred and gender transformative.
advocacy. The five thematic areas are Universal Access to Sexual
and Reproductive Health, Abortion, Comprehensive Sexuality
Education, Sexual and Gender Based Violence and ensuring that
Empower Communities – Outcome 2
sexual and reproductive health and rights (“SRHR”) and gender As part of Solution Three of IPPF’s Business Plan (Youth), in 2019
equality are prioritized in the political architecture. In 2019 we as part of the Member Association centric strategy, three Member
advanced the implementation of the Common agenda by defining Associations commenced leading work to ensure quality, youth-
our institutional aims on the priority areas in consultation with centred Comprehensive Sexuality Education (“CSE”) delivery and
Member Associations and programmes and technical teams. targeted initiatives to ensure young people are able to participate
meaningfully in SRHR programmes, advocacy and decision-making.
Last year, we influenced UN Member States, the African First, Rutgers (IPPF Member Association in the Netherlands) in
Union and regional bodies to re-endorse the International collaboration with Member Associations in Bolivia, Kenya and
Conference of Population and Development (“ICPD”) Programme Togo are strengthening CSE implementation through the creation
of Action (“PoA”) in its 25th Anniversary, co-leading the of CSE Centres of Excellence. IPPF Member Association in India
organization of the Nairobi Summit – Accelerating the Promise (FPA-India) is leading on the development of a youth social venture
(www.nairobisummiticpd.org). In partnership with the United fund. The Member Association in Kenya (Family Health Options
Nations Population Fund (“UNFPA”) and other stakeholders, IPPF Kenya) is leading the work to strengthen youth networks across
advocated for national governments to announce commitments the Federation.
to achieve the ICPD’s PoA by 2030. A report analyzing these
commitments will be published in 2020 to support national civil IPPF’s young leaders attending the General Assembly launched
society accountability efforts. an ambitious and forward-thinking Youth Manifesto as part of
the Global Youth Forum. The Youth Manifesto was written in
IPPF also influenced negotiations to advance or uphold SRHR consultation with over 16,000 young people who demanded
and gender equality language in the United Nations Commission “nothing for us, without us”.
on the Status of Women, the Commission on Population and
Development, the World Health Organization Executive Board,
World Health Assembly, the Human Rights Council and the
Serve People – Outcome 3
3rd and 2nd committees of the United Nations (“UN”) General IPPF continued to position itself as a global leader in SRHR service
Assembly. We further strengthened partnerships and coalitions delivery and advocacy. In 2019, IPPF delivered 252.3 million sexual
at international, regional and national levels, including with UN and reproductive health (“SRH”) services and reached 68.8 million
agencies like UNFPA, with champions such as the Organization of people with services, many in rural and peri-urban areas. Eighty
African First Ladies Against HIV/AIDS, and platforms such as the four percent of IPPF’s clients were poor and vulnerable people, and
Reproductive Health Supplies Coalition and the FP2020 movement. 4.6 million people received SRH services in humanitarian settings.
Importantly, IPPF was influential in achieving the inclusion of SRHR
in the Universal Health Coverage Political Declaration adopted IPPF continued to develop and disseminate technical guidelines and
by the UN General Assembly in September 2019 after months strategies to support rights-based service delivery. The following
of negotiations. guidelines were developed and disseminated in 2019: the Gender
Self-Assessment Toolkit; A ‘How-to-Guide’ for designing cervical
   IPPF Financial Statements 2019 3

IPPF/Kelly Castagnaro/Trinidad and Tobago

cancer prevention programmes; A Shared Agenda – Exploring links Unite and Perform – Outcome 4
between water, sanitation and hygiene (“WASH”) and SRHR in
IPPF’s accreditation system continued to provide the
sustainable development to provide guidance on how to integrate
guarantees and capacity building impetus that Federation
the provision of quality SRHR and WASH services.
membership requires.

IPPF actively participated in the Evidence for Contraceptive Options

IPPF’s Innovation Programme (“IP”) continued to support
and HIV Outcomes (“ECHO”) trial which aimed to investigate the
Member Associations to test novel practices to improve the
association between use of progestogen-only injectables and
SRHR of underserved populations with a view to scale successful
increased risk of HIV acquisition, including as one of the study sites.
interventions to enhance operational effectiveness. In 2019
A federation-wide working group was established to inform and
six research projects funded through the IP were completed,
educate Member Associations about the trial and equip them to
and in 2020 the remaining five projects will be supported to
implement the recommendations of the findings through a series
completion. A review of the gender equality strategy was included
of webinars, technical briefs and two IMAP statements.
in the mid‑term review of the 2016–2022 Strategic Framework,
providing valuable learnings to take forward for strengthened
In 2019, IPPF continued to nurture key global partnerships and
gender‑transformative programming and for supporting
networks, including with WHO, UNESCO, UNFPA, IBP for High
Solution 6 of the IPPF Business Plan on women’s leadership.
Impact Practices in Family Planning among others, and used these
platforms to provide guidance and promote SRHR.
The Supply Chain Management (“SCM”) team continued to provide
services to the Member Associations supporting their annual
Initiatives of the Humanitarian programme focused on
orders. The Health Information Systems (“HIS”) team, with funding
mainstreaming humanitarian programming throughout the
from GCACI, developed a HIS policy implementation plan and
federation through enhanced collaboration across departments and
data utilization guide to continue to support MAs to implement
regions, resource mobilization, capacity building efforts and laying
a clinic management information system (“CMIS”) and utilize data
the groundwork for enhanced peer-to-peer support and Member
for decision making. The Restricted Funds Delivery (“RFD”) team
Association-led capacity development centres.
continued to administer internal monitoring of project performance
and worked to support strengthened accountability and delivery
IPPF implemented several restricted projects which are
of restricted projects through the development of robust internal
essential to strengthening its core strategic priorities. The
performance indicators.
Global Comprehensive Abortion Care Initiative (“GCACI”)
supported sixteen Member Associations to expand abortion and
Key highlights on our performance dashboard for 2019 include:
contraception service delivery and strengthen quality of care. It
141 advocacy wins in support or defence of SRHR and gender
also updated the IPPF Medical Abortion Commodities Database.
equality; 31.9 million young people completed a CSE programme;
Support to safe abortion service delivery was also provided through
252.3 million SRH services delivered, an increase of 29.1 million,
the Safe Abortion Action Fund (“SAAF”), which continued to
or 13 per cent, from 2018 with 84 per cent reaching poor and
deliver grants to projects and through the Stigma Project, which
vulnerable people; 27.0 million couple years of protection provided,
addresses stigma to provide an enabling environment for young
an increase of 15 per cent from 2018.
people to access SRH services. Through the Japan Trust Fund
(“JTF”), nine Member Associations were supported to deliver SRH
services and one to deliver the minimum initial service package
(“MISP”) in emergency settings. The WISH2ACTION consortium
(“W2A”) delivered 6.95 million couple years of protection (“CYP”)
and reached 0.95 million additional users of contraception across
sixteen countries.
4 IPPF Financial Statements 2019 

Annual report of the Governing Council (Trustees’ report)

Introduction Objectives and activities

The International Planned Parenthood Federation (IPPF) is a Moving Forward Together:

global service provider and a leading advocate of sexual and Our Strategic Framework 2016–2022
reproductive health and rights for all. IPPF is a worldwide
Focus
movement of national organizations working with and for
communities and individuals, focussing support on those who Our strategy focuses on achieving four key outcomes:
are poor, marginalized, socially-excluded and under-served.
„ Championing Rights – 100 Governments respect, protect
and fulfill sexual and reproductive rights and gender equality
IPPF currently has 132 Member Associations (“MA”s),
„ Empowering Communities – one billion people to act freely
26 Collaborative Partners (“CP”s) (national) and two
on their sexual and reproductive health and rights
International Collaborative Partners. These Member
„ Serve People – two billion quality integrated sexual and
Associations are working in 143 countries (the Caribbean
reproductive health services delivered
Family Planning Affiliation operates in 12 countries). In addition,
„ Unite and Perform – A high performing, accountable and
IPPF is active in a further 21 countries, through its collaborative
united Federation
partners, in countries where there is not currently a Member
Association. This brings the total number of countries in which
IPPF is working to 164. Championing Rights
By 2022, 100 governments will respect, protect and fulfill
The Member Associations of IPPF are all autonomous and
sexual and reproductive rights and gender equality.
report independently, and their financial statements are
therefore not presented here. IPPF will champion sexual and reproductive rights and gender
equality through direct advocacy with governments and regional
The financial statements contained herein have been prepared institutions, and by partnering and supporting civil society
in accordance with the Accounting and Reporting by Charities: advocates and leaders, particularly girls and women.
Statement of Recommended Practice (SORP) applicable to
charities preparing their accounts in accordance with the Priority objective one: Galvanize commitment and secure
Financial Reporting Standard applicable in the UK and Republic legislative, policy and practice improvements
of Ireland (FRS 102), as issued by the Charity Commission in
Although many governments have signed international
2015. The financial statements include the charity, comprising
commitments in support of sexual and reproductive health and
the central office and three regions, South Asia, East and
rights, and gender equality, many of them have failed to realize
South-east Asia and Arab World regions; and the group which
them through supportive legislation, policy and funding. As a
additionally includes the Africa and Europe regions and IPPF
result, citizens continue to be denied their rights to life-saving
World Wide Inc. The separate autonomous business unit
services. The Advocacy Common Agenda, approved in 2019,
representing the sixth region of the Western Hemisphere is
sets IPPF’s advocacy priorities on advancing Universal Access to
included within the aggregated unaudited data presented
SRHR, Safe abortion, Comprehensive Sexuality Education and
in appendix one.
address Sexual and Gender Based Violence underpinned by
ensuring that SRHR and gender Equality are prioritized in the
In addition to the financial statements IPPF publishes an
political architecture. IPPF will further invest in political advocacy
Annual Performance Report which outlines in detail the major
including supporting Member Associations with capacity building,
activities of IPPF and their alignment to the strategic goals
fundraising and cross-regional learning. We will target key
of the organization. Copies of this report are available on
institutions, support and foster interested parliamentarians, engage
www.IPPF.org
with community and faith networks, and influence regional and
international processes. Leading and joining collaborations within
civil society, IPPF will generate new political commitments and
ensure that they are effectively implemented.
   IPPF Financial Statements 2019 5

OUR VISION
ALL PEOPLE ARE FREE TO MAKE CHOICES ABOUT THEIR SEXUALITY
AND WELL-BEING, IN A WORLD WITHOUT DISCRIMINATION
OUTC

ME 4
100

TCO
OM

governments respect, A high performing,

E1

OU
protect and fulfill sexual accountable and
and reproductive rights united Federation
and gender equality
UT E 3
O

CO OM
ME 2 O U TC

1 billion 2 billion
people to act freely quality integrated
on their sexual and sexual and reproductive
reproductive health health services
and rights delivered

Galvanize commitment and Enable young people Deliver rights-based Enhance operational
secure legislative, policy to access comprehensive services including for effectiveness and double
and practice improvements sexuality education and safe abortion & HIV national and global income
realize their sexual rights

Engage women and Engage champions, opinion Enable services Grow our volunteer and
youth leaders as advocates formers and the media through public and private activist supporter base
for change to promote health, choice health providers
and rights

IPPF’S MISSION
TO LEAD A LOCALLY OWNED, GLOBALLY CONNECTED CIVIL SOCIETY MOVEMENT
THAT PROVIDES AND ENABLES SERVICES AND CHAMPIONS SEXUAL AND REPRODUCTIVE
HEALTH AND RIGHTS FOR ALL, ESPECIALLY THE UNDER-SERVED

OUR VALUES

SOCIAL
DIVERSITY PASSION VOLUNTEERISM ACCOUNTABILITY
INCLUSION
6 IPPF Financial Statements 2019 

IPPF/Hannah Maule-ffinch/Palestine

Priority objective two: Engage women and youth leaders as run popular campaigns to mobilize those who support sexual and
advocates for change reproductive health and rights.

IPPF will strengthen its links with youth and women’s grassroots
Priority objective three: Enable young people to access
organizations especially through the Social Movements Center in
comprehensive sexuality education and realize their sexual rights
Morocco, facilitating cross-regional connection to amplify their
voices and demands, prioritizing women and young leaders – IPPF will transition from a youth-friendly to a youth-centred
particularly adolescent girls. We will make sure our advocacy is organization by: prioritizing and scaling up comprehensive sexuality
youth-centred and will foster meaningful youth participation and education – which seeks to equip young people with skills,
leadership in our partnerships. knowledge and values to determine and enjoy their sexuality and
protect their health; and focusing on interventions for the most
marginalized youth, in and out of school.
Empower Communities
By 2022, one billion people will act freely on their sexual Priority objective four: Engage champions, opinion formers and the
and reproductive health and rights. media to promote health, choice and rights

IPPF will focus on expanding access to and quality of Comprehensive IPPF will implement public campaigns to raise awareness of sexual
Sexuality Education around the world. At the same time, we will and reproductive health and rights issues and generate support,
with integrated communications strategies and the involvement
   IPPF Financial Statements 2019 7

of public-facing champions, opinion formers and media outlets. Unite and Perform
We will develop adaptable content, featuring personal testimonies,
By 2022, IPPF will be a high-performing, accountable and
and deliver it through a variety of formats, including traditional and
united Federation.
social media. This work will be embedded as a core part of what
we do. By 2022, we will have reached one and half billion people IPPF is evolving its structures and systems to adapt to changing
with messages through the Federation and in partnership with our environments, and at the same time we return to our roots – to
champions and partners, including the media. reinvest in the volunteer-led activist movements that created IPPF
in the first place. This fusion of innovation and timeless, grassroots
energy will ensure that IPPF is the best it can be.
Serve People
By 2022, IPPF and our partners will deliver two billion Priority objective seven: Enhance operational effectiveness
quality, integrated sexual and reproductive health services. and double national and global income

In its own service delivery outlets and through partnerships with IPPF is committed and has an ethical obligation to make the most
private and public providers, IPPF will scale-up the provision of an of its resources and to be flexible and responsive to changing
essential package of high quality sexual and reproductive health political and economic contexts. To maximize the number of people
services that are rights-based, client-centred, gender sensitive and we can serve, we need to increase our operational effectiveness.
youth friendly.
We must remain relevant, responsible and efficient in how we
Priority objective five: Deliver rights-based services including for seek out funding, translate it into development outcomes and
safe abortion and HIV sustain services to meet demand. IPPF is evolving its operations
and financial structures to incorporate diverse business models
IPPF will ensure that all its service outlets provide high quality
that are fit for purpose in each of the specific contexts we work in
services: they must not only provide a minimum, integrated
around the world. We will ensure ongoing funding for our services
package, but must also be client-centred, rights-based, youth
by: supporting Member Associations to develop social enterprises;
friendly and gender sensitive. Our services will not turn anyone
recruiting and retaining staff and volunteers that bring business
away because of inability to pay, or lack of health personnel, and
planning, market analysis, communications, and performance
we will expand access through a diverse range of delivery channels.
management skills to the Federation; and strengthening financial
Through quality improvements we will reinforce our reputation
and performance management at all levels. By 2022, all parts
as a health provider that is welcoming to all. IPPF will strengthen
of the Federation will be able to clearly articulate their model of
sexual and reproductive health services in humanitarian settings
sustainability and IPPF will be generating more income through
by improving access before, during and after conflict and crisis
diverse sources.
situations. We will also invest in technical expertise to support
effective supply chain management, high quality equipment and
Priority objective eight: Grow our volunteer and activist
infrastructure, and management capacity.
supporter base

Priority objective six: Enable services through public and private IPPF’s work is demanded and delivered by communities: this
health providers groundswell of grassroots support gives legitimacy and is the
foundation of our political advocacy. Opposition groups, a
With an increasing number of health providers offering sexual and
vocal minority in many places, threaten the gains that the SRHR
reproductive health services, IPPF Member Associations have a
movement has achieved, and there is now a need to grow and
distinct role in providing technical assistance. IPPF can ensure that
lead the volunteer and activist supporter base for sexual and
services are responsive to the local community, are client-centred
reproductive health and rights at local levels to present a clear,
and provide rights-based, supportive care to all. IPPF will develop
alternative voice to groups that do not support sexual and
new formal partnerships with public and private providers. We will
reproductive rights. IPPF will invest in communications staff,
deliver pre- and in-service training for medical personnel, integrated
systems and technologies.
sexual and reproductive health services in partner facilities, and
we will strengthen supply chain management and quality of care.
We will recruit and organize volunteers and activists who want to
By bringing together a diverse range of service providers, IPPF will
advance sexual and reproductive health and rights, focusing initially
assemble a multi-faceted, global network of high quality, rights-
in countries where the Member Associations have the interest and
based Sexual & Reproductive Health service providers.
potential to grow their supporter base quickly. A strong sexual
and reproductive health and rights activist community will help
individuals everywhere to claim their sexual and reproductive
rights and hold their leaders to account.
8 IPPF Financial Statements 2019 

Grant making to Member Associations and partners

The main activity for achieving the strategic outcomes across Restricted funding
the Federation is by making grants to Member Associations and
Restricted grants are made for a diverse range of purposes
partners to carry out their work and deliver services. Grants are
and project activities. The Secretariat in some cases acts as
either to support MAs core activities (unrestricted) or for specific
the implementing partner and in some cases coordinates the
projects or activities (restricted):
implementation of restricted projects. The restriction and specific
procedures in relation to issuing grants is governed by the funding
Unrestricted core funding agreement signed between IPPF and the donor.

For unrestricted grants IPPF allocates resources using criteria

Restricted grants are made to MAs and Partners which carry out
relating to the level of need and performance in each of the four
specific projects to help further the aims and objectives of IPPF.
strategic priority areas, using a combination of internationally
This could be anything from an advocacy grant to champion rights
recognized data and internal performance data.
in a specific country, a service delivery grant to serve the people
or a grant to innovate new ways of working in the sector.
The Governing Council in 1997 established the level of unrestricted
funding which should be allocated to each region, which was
reviewed (and slightly changed) in 2004. The regions were then COVID‑19 and going concern
tasked to make decisions on the funding allocation to individual
On 11 March 2020 WHO declared the coronavirus outbreak a
Member Associations and Collaborative Partners, based on the
pandemic and by 22 April 2020, over 2.3 million people had been
resource allocation criteria (using historical needs based allocation
infected with the virus, over 160,000 had died from COVID‑19 and
at the country level), strengthened by the Performance based
more than a third of humanity was living in lockdown conditions.
funding in 2012, which was applicable to 10 per cent of total
In line with the Financial Reporting Council’s guidance, we consider
unrestricted core funding allocated to Member Associations.
here the risks and other consequences arising from the emergence
The highest priority of unrestricted core funding is allocated
and spread of COVID‑19.
to Africa, followed by South Asia Regions and the Western
Hemisphere which are allocated 44.5 per cent, 16.0 per cent
Healthcare implications have predominantly been around
and 16.0 per cent respectively.
the focus on the response to the outbreak and thus the de-
prioritization, disruption and decrease in the provision of sexual and
Unrestricted core grants are awarded on an annual basis with
reproductive health services. Additionally, mobility restrictions and
Member Associations and some Collaborative Partners based on
changes in health-seeking behaviour have affected the availability
an Annual Programme Budget, which outlines the activities and
and accessibility of SRH services. The impact on women and girls
funding required at the country level, in relation to the Strategic
and in particular their SRHR has been well documented. The impact
Framework. The Planning and Budgeting process is a detailed
on IPPF’s services has been severe: more than 5,600 clinics and
annual exercise that identifies, specific areas of investment at the
distribution points had closed by end of March to the point that
country level and also the technical assistance required and agreed
the future viability of some MAs is under threat.
to be provided by the Regional Offices. This process is supported
by the IPPF Regional Offices.
1. Financial implications Some Member Associations have
reached the brink of insolvency due to the shut-down and made
Once approved, most of the Member Associations/Collaborative
requests for advances on their core grant in order to respond to
Partners upload their annual data using IPPF’s Performance
the need for personal protective equipment (PPE), programme
Planning and Reporting Information Sharing and Management
adjustments that will allow them to operate through the
System (PRISM). Following which, funding is disbursed in three
lockdowns and/or to keep paying key salaries through clinic
instalments during the year based on satisfactory submission of
closedown. Advance payments were made in April to assist the
half yearly and annual reports, audited financial statements and
Member Associations with their COVID‑19 response (see section
management letters.
2(a) below.
Unrestricted core grants will only be made to associations
Early on in March 2020 IPPF created a cross-Secretariat,
for whom an audited set of financial statements have been
multi‑disciplinary COVID‑19 Taskforce, an integrated nerve
received, and who have been assessed as meeting the IPPF
centre to provide the operational coordination that this crisis
accreditation criteria.
requires. It was a new way of working, the unified secretariat
pulled togetherand it has delivered with excellence across all
the areas listed below.
   IPPF Financial Statements 2019 9

IPPF/Xaume Olleros/Cameroon

a. Workforce protection: d. Policy/Advocacy: the Task Force (TF) is encouraging and

inspiring work across countries to build on the opportunities
i. Work from Home. As a Secretariat we managed
the lockdown and COVID‑19 prioritization of health care
to get the great majority of our staff to where they
services would provide for rapid policy change. The TF
needed to be before the lockdown and have been able
produced a set of key advocacy asks for SRHR related to
to provide a work from home (wfh) environment to
the COVID‑19 situation.
ensure business continuity.
ii. At MA level, who are locally owned autonomous
2. Financial Support Looking at the emergent needs the
organizations at the country level, there was a huge
following tasks have been undertaken by IPPF at the Secretariat
demand for PPE for the front-line workers. These were
and MA levels.
mobilized through a combination of procurement and
donation in kind from internal resource mobilization, a. Advancing 2nd Tranche of Unrestricted Core Grants to
from donations from China and UNFPA; Member Associations. In April 2020, the IPPF advanced a
iii. Launching of the Solidarity fund. On 20 April 2020 part of the second tranche of core grant money from its cash
we launched a Solidarity Fund to support the most reserves, amounting to US$6.8 million, to the MAs. The total
affected MA frontline workers and their families. This is value of the second tranche is US$11 million, but there were
funded solely by contributions and we encourage as many insufficient funds available at the time within IPPF to allow
donations as possible to this worthy cause. the entire second tranche to be released. In line with the
above approval, the IPPF/ WHR Board acknowledged the
b. Supply-chain stabilization: Shortage of specific need to support advancing the second core grant remittance
reproductive health supplies faced by MAs was accentuated to Member Associations/ partner organizations from its own
due to the impact of closure of factories in China and India. funds and thus approved the release of US$1.5 million.
We successfully negotiated with UNFPA for an increased
buffer stock in a select list of most affected countries and b. Active engagement with Unrestricted Core Donors.
negotiated re-programming of funding towards COVID‑19 We have gone out to all our unrestricted core donors
response support, shifting some of the funding under requesting them to advance their payments to us, in light
restricted contracts to SRHR commodities and PPE. We have of the COVID‑19 pandemic. We have received positive
also successfully appealed to government donors for extra- responses from some of our large donors, including
budgetary support to the Member Associations. Germany, Switzerland, Sweden and Norway, who have
all expedited their efforts to approve our unrestricted
c. Technical guidance from both IMAP technical and core grant agreements and also advance unrestricted core
humanitarian teams has been fast and quite comprehensive. funds of US$12 million to IPPF. All these, combined with
In addition to a toolkit that promotes innovation and the multiyear agreements that we have in place with core
adapting SRH service to be COVID‑19 sensitive, the team has donors, have enabled IPPF to ensure a projected positive
now come up with a ‘How to’ guidance on building digital cash flow to July 2021, despite a large additional outflow
training & services. due to advancing the second tranche of core grants to
Member Associations.
10 IPPF Financial Statements 2019 

IPPF/Brenda Islas/Mexico

c. Humanitarian Response. IPPF has mobilized US$347,352 Equipment (PPE) that can be shipped to MAs for staff use
of funds from Australia (for a selection of countries and to pay for the communications set up required by
covered under the SPRINT project)for additional the taskforce.
humanitarian support.
f. CFPA donation for 4 MAs (Iran, Pakistan, DPRK,
d. Renegotiation with DFID. As a direct impact of the Macedonia). Further PPE donations will be done by CFPA
COVID‑19 pandemic, a large number of clinics/ service through Chinese Embassies in the following countries:
delivery points had to be temporarily closed down in most of Thailand, Egypt, Morocco, Kenya, Spain and Mexico.
the countries where the DFID Supported WISH programmes IPPF MAs in those countries will be included as recipients
were running. This led to a heightened risk of IPPF not being together with governments and other NGOs.
able to meet its delivery targets and thereby having a severe
cash shortfall on account of payment by result, thereby g. Reprogramming of Restricted project funds. Restricted
impacting its overall sustainability. The full extent of the projects such as WISH (16 MAs across Lot 1 and 2) and the
impact could not be predicted, however we anticipated over Global Comprehensive Abortion Care Initiative (15 MAs) are
a six month period a shortfall of up to 20 per cent against supporting MAs to reprogramme activities and reallocate
PBR targets which could have resulted in losses of up to budgets to utilize funds to support the COVID‑19 response.
£11.1 million if not actively managed. However, through
active engagement with DFID, IPPF successfully re-negotiated 3. Financial Position The Members of the Board of Trustees and
an initial six-month waiver on the Payment by result management have considered the potential impact of COVID‑19
(PBR) component (results holiday) as part of its adaptive on the ability of the Group to continue as a going concern for
programming contractual clause. This has meant that IPPF a period of at least twelve months from the date of signing the
will continue to be: accounts. We have considered the risks associated with the
outbreak of COVID‑19 as part of our going concern assessment
i. paid fees as per the planned targets for an adapted and have a detailed mitigation strategy in place to address
COVID‑19 programme of work to provide services these risks, please see pages 33–34 for further details. We
where possible and mitigate the effects of the pandemic have forecast our income, expenditure, gains and losses for the
on SRHR without being required to meet the original financial year ending 31 December 2020 and up to July 2021.
KPI targets. We have a strong cash and investments balance including short
ii. paid on reimbursables as normal (which may be lower term investments of US$1.2 million as at 30 June 2020. We have
than normal but can include COVID‑19 needs). multi-year funding agreements with key donors in place for
both restricted and unrestricted funds. Core funding for 2020
As per the contracted agreement the impact of COVID‑19 will has already been fully committed and the projected cashflow
be quantified at the end of the six-month period and the terms position across all funding sources demonstrates a positive
of the contract re-negotiated at this point. balance. Forecasts and cashflow analysis to July 2021 do not rely
on any overdraft facility or other financing to stay positive.
e. A top-up to the DG Emergency Fund. A draw-down from
the General Reserves has been approved by the Honorary The Members of the Board of Trustees have therefore concluded
officers, to top-up the Director General Emergency fund that it remains appropriate to prepare these financial statements
by US$300,000 for bulk purchases of Personal Protective on a going concern basis.
   IPPF Financial Statements 2019 11

Areas of work

The following provides an overview of IPPF’s key activities and ensuring that governments fulfill their promises to achieve the
achievements for the year ended 31 December 2019. Further Sustainable Development Goals.
information is also available in our Annual Performance Report
2019 which has more extensive information regarding each IPPF influenced national governments to change policies and
of the strategic areas, together with case studies highlighting ensure practices in favour of SRHR and gender equality and worked
achievements in a range of grant receiving Member Associations with the UN and the African Union among other international
for the year ended 31 December 2019 and was published in bodies to achieve progress on SRHR particularly on the United
June 2020. Nations Commission of the Status of Women, the Commission
on Population and Development, the World Health Organization
Additional information, reports and case studies are available Executive Board, World Health Assembly, the Human Rights
from our website www.ippf.org Council and the 2nd and 3rd committees of UN General Assembly.

In March 2019, IPPF approved its first ever Advocacy Strategy, the

Championing Rights – Outcome 1 Advocacy Common Agenda prioritizing national political change
Review of 2019 in favor of SRHR on Abortion, Comprehensive Sexuality Education,
Sexual and Gender-based Violence and Universal Access to SRHR.
IPPF will strengthen its support to women and youth groups
The Agenda was finalized after 18 months’ consultation and
through the Social mobilization centre led by the Association
three pieces of research. As part of the research process for the
Marocaine of Planification Familial – IPPF Member Association
development of the strategy, IPPF commissioned an independent
in Morocco.
review of its intergovernmental advocacy work that has translated
into a more connected intergovernmental advocacy that includes
In 2019, the IPPF Secretariat and Member Associations across the
Member Associations with International Programmes.
world contributed to 141 changes to laws, policies and budgets
in favour of sexual and reproductive health and rights and
The Advocacy Common Agenda is focused on achieving national
gender equality through influencing decision-makers in national
political change, placing accountability at the centre. IPPF will
governments, regional and intergovernmental institutions and
influence governments to change or uphold laws and policies
international fora. In 2019, the Federation continued its role as
to ensure that endorsed international agreements are translated
a leading civil society actor for change on SRHR with a focus on
into national action to improve the lives of women and girls.

7% 7%
18%
12%

2019 Unrestricted grants 42%

total grants by region (Group)
by strategic 20%
area (Group)

4%
74% 10% 6%

Outcome 1: Championing Rights Outcome 3: Serve People Africa East & South East Asia South Asia
and Oceania
Outcome 2: Empower Communities Outcome 4: Unite and Perform
Arab World European Network Western Hemisphere
12 IPPF Financial Statements 2019 

We will build on the Federation’s existing skills and experience as Member Associations from six countries were brought by IPPF
a major provider of SRHR to the most vulnerable and underserved to Geneva for the different sessions of the Universal Periodic
populations, and use our Federation presence in 164 countries Reviews throughout 2019. This included attending and speaking
to work at four interconnected levels of influence: sub-national, at Pre‑Sessions and advocating for specific recommendations on
national, regional and international. SRHR in a wide range of topics from abortion to Comprehensive
sexuality education and LGBTI rights.
In 2019 we advanced the implementation of the Common
Agenda by defining our institutional aims on the priority areas IPPF continued to work in partnerships and coalitions at
in consultation with Member Associations and programmes and international, regional and national levels, including with
technical teams on abortion and sexual and gender-based violence agencies like UNFPA, with champions such as the Organization
and launching the ‘Movement Accelerator’. of African First Ladies Against HIV/AIDS, advocacy groups like
the Reproductive Health Supplies Coalition and the FP2020
During 2019, three centres of expertise were set up to accelerate movement, as well as with national governments. IPPF continued
the IPPF Strategic Framework as part of the Secretariat Business supporting SheDecides and agreed to host the SheDecides
Plan. These centres are working as one platform called ‘The Support Unit in the Central Office.
Movement Accelerator’. As part of our MA centric approach,
the Social Mobilization Centre was awarded to the Asociation Plans for 2020
Marocaine de Planification Familial AMPF in Morocco; The
The Advocacy Common Agenda will guide our work at all levels
Opposition Centre was awarded to IPPF Western Hemisphere
of the Federation to achieve Outcome 1 of the IPPF Strategic
Region in consortia with Planned Parenthood Federation of
Framework 2016–2022, namely to ensure that 100 governments
America, in the United States and the European Parliamentarian
respect, protect and fulfil sexual and reproductive rights and
Forum and the Winning Narrative Centre was awarded to
gender equality. In doing so, IPPF will contribute to the International
the collaborative partner ANIS in Brazil in consortia with the
Conference on Population and Development Programme of Action,
European Network Regional Office. The centres will work on
the Beijing Platform for Action on gender equality and women’s
pathways of the Advocacy Common Agenda and solutions of the
rights and to the Sustainable Development Goals.
Secretariat Business Plan to accelerate the fulfilment of the IPPF
Strategic Framework.
IPPF will continue working on key intergovernmental spaces such
as the Commission on the Status of Women, the Universal Periodic
The Political Declaration on Universal Health Coverage (“UHC”)
Reviews at the Human Rights Council, the humanitarian space, and
was adopted by the UN General Assembly (“UNGA”) on
the World Health Organization.
September 2019. This is a landmark internationally negotiated
declaration that commits all UN Member States to national
Our institutional priorities on Universal Health Coverage will be
action on UHC. After months of challenging negotiations,
defined in consultation with our Member Associations to ensure
during which some UN member states challenged consensus
that SRHR is an integral part of the UHC national packages.
by attempting to block the inclusion of sexual and reproductive
health and reproduction rights and refugees and migrants, SRHR
In 2020, IPPF will publish a report analysing the commitments that
was included in the UHC Political Declaration adopted during
national Governments have announced in the Nairobi Summit in
the High Level Meeting at the UNGA. The integration of SRHR
2019 to implement accountability strategies in the priority areas of
into national UHC packages to strengthen health systems, are
the Advocacy Common Agenda. 2020 marks the 25th anniversary
key objectives for IPPF’s Advocacy Common Agenda. During the
of the Beijing Platform for action Conference on Gender Equality
negotiations of the Political Declaration, IPPF developed key asks.
and Women’s rights. IPPF will prioritize its contribution to fulfil
IPPF advocated directly with UN Member States from our liaison
the SRHR and bodily autonomy area of the Platform for Action,
offices in New York and Geneva and coordinated with Member
engaging with partners, influencing Governments and decision
Associations across the federation at the national level, influencing
makers, and actively participating in the process of the generation
governmental positions at multiple levels. IPPF also coordinated
Equality Forum.
with other civil society organizations, including the Civil Society
Engagement Mechanism of the UHC 2030 partnership.
IPPF will increase its engagement social movements, countering
opposition, and communicating winning narratives as key pathways
With the inclusion of SRHR in the UHC political declaration, IPPF
of the Advocacy Common Agenda through the three centres of
has achieved Expected Result 1 of the Advocacy Common Agenda.
excellence which will fund national initiatives.
IPPF participated in Women Deliver 2019 in Vancouver and
contributed to its success as part of the advisory board, having led
sessions to foster debate on the interlinkages between SRHR and
gender equality.
   IPPF Financial Statements 2019 13

Empower communities – Outcome 2 India in November 2019. The Youth Manifesto has been translated
into several languages along with an interactive video.
Review of 2019 
Solution Three of IPPF’s Business Plan ensures quality, youth‑centred Engaging with champions, opinion formers and the
SRH services and CSE are delivered and enabled to young people, media to promote health, choice and rights. In 2019, IPPF
including the youngest and most marginalized, and young people was endorsed publicly by the composer, actor and creator of
in targeted countries are empowered to participate meaningfully the musical “Hamilton”, Lin-Manuel Miranda, who joined with
in SRHR programmes, advocacy and decision‑making. The three fellow actors to raise funding on behalf of IPPF WHR and Planned
initiatives supporting Solution 3 were awarded in 2019. Parenthood Action and promote support for SRHR by staging
an open night on Broadway. IPPF joined with Marie Stopes
Solutions 3.1 aims to strengthen implementation and capacity International, FIGO and PPFA to successfully challenge the use
building on state-of-the-art tools and standards for Comprehensive of partial phrasing in abortion coverage by major broadcasters
Sexuality Education (“CSE”) and the youth-centred approach. including BBC News and Sky News. Continuing production of a
Linked to the Global Affairs Canada (“GAC”) project managed compelling core narrative about IPPF that describes our members’
by Rutgers and implemented by three Member Associations, ability to transform the lives of people through sexual and
The Association Togolaise pour le Bien-Etre Familial (ATBEF) reproductive health and rights helped push IPPF digital and social
in Togo, Family Health Options Kenya and The Centro de performance to new levels. IPPF Global website traffic increased
Investigacion, Educacion y Servicios (CIES) in Bolivia, the initial 32 per cent (against 2018) to more than 1.6 million page views
activities have included evaluations of CSE projects, desk review with 900,000 users (up 46 per cent). Social reach increased across
on regional sharing and learning, recruitment of project staff all platforms, most notably on the newest IPPF Global platform,
and introductory meetings in Kenya, Togo and Bolivia around Instagram, where follower numbers rose 600 per cent (thanks to
the creation and development of the Centres of Excellence. one endorsement by actor Emma Watson). Total impression across
Twitter, Facebook and Instagram exceeded 4.5 million.
Solutions 3.2 establishes an IPPF Youth Social Venture Fund to act
as an incubator for developers and entrepreneurs to create new Plans for 2020
technology to support SRHR. The Family Planning Association of
Through continued implementation of Solution Three, IPPF will
India leads this work. FPAI have begun work on the inception phase
increase young people’s access to youth-friendly SRH services and
of the wider initiative with key outputs including market research
Comprehensive Sexuality Education(“CSE”), including through the
for identification of incubators, accelerators and social impact
Enabling and Empowering Young People through Rights-
fund organizations, stakeholder mobilization and development
Based Sexual and Reproductive Health Service Delivery
of a full funding proposal at the end of the phase. FPAI has
and Comprehensive Sexuality Education project. We will
worked closely with industry consultants to undertake research
continue to build on the work established under the Solution
and proposal development, carrying out reviews to identify broad
Three workstreams by securing funding to continue both the youth
problem areas and possible solution approaches. They held a global
social venture (which will act as an incubator for developers and
youth consultation to assess key areas of need and ways to reach
entrepreneurs to create new technology to support young people)
marginalized groups across different country contexts.
and to extend further the work around building and strengthening
youth networks.
Solutions 3.3, led by Family Health Options Kenya (FHOK), aims to
build funded IPPF youth networks that will engage young people
IPPF will continue to work with Population Council, UNFPA and
to create a supportive environment for meaningful participation in
UNESCO to develop a CSE partnership to drive global commitments
programmes, advocacy and decision-making processes within and
and action to scale up CSE. We will leverage areas of expertise
outside Member Associations. FHOK has completed desk reviews,
to accelerate efforts in three specific areas – advocacy, research
strategic plans and has recruited project staff.
and implementation.
IPPF in a partnership with UNFPA, Population Council, UNESCO,
Following on from the General Assembly, a regional/ global youth
AfriYan and Rutgers made a commitment at the ICPD+25 summit
forum will be designed and convened. This work will be supported
in Nairobi to drive global commitments and action to scale up the
through the wider reform process and with support from
implementation of CSE.
Regional Offices.
A Governing Council Youth Initiative was passed in 2018 requesting
Work to implement and embed the youth-centred approach will
the Youth Manifesto be refreshed and updated. To inform this work,
take place in the coming months. A systematic roll-out to Regional
a global survey was conducted with over 16,000 responses along
Offices and Member Associations is planned with support from
with targeted focus groups in 17 countries. A committee of youth
the European Network and East and South-East Asia & Oceania
leaders convened to analyse the data and write the Youth Manifesto
regional offices.
which was launched at the General Assembly Meeting in New Delhi,
14 IPPF Financial Statements 2019 

Engaging with champions, opinion formers and the media developed in English and Arabic based on the experience and
to promote health, choice and rights. learnings from IPPF’s cervical cancer scale-up programme which
ended in 2018. A document called ‘From the field to the world’
IPPF has an updated communications strategy for 2020–22, with a was also developed which is a collection of all IPPF abstracts
stronger focus on engagement and communications with purpose presented in the World Cancer Congress 2018.
as well as reach. A digital and social brand review and audit will
enhance delivery of a more purposeful look and feel in our drive IPPF worked with WaterAid and other SRHR partners to develop
towards a unified Secretariat and pinpoint other essential areas a ‘A Shared Agenda – Exploring links between WASH and
of improvement. The COVID‑19 pandemic has brought fresh SRHR in sustainable development’, providing guidance on
media interest in SRHR and IPPF has already achieved considerable how to integrate the provision of quality SRHR and WASH services
exposure, featuring in nearly 700 news outlets in April/May 2020 in areas such as menstrual hygiene, HIV/STI transmission, and
with a global reach of 1.8 billion. sexual and gender based violence (“SGBV”) in health settings
and humanitarian contexts. This work was launched at Women
Deliver and further disseminated during World Water Week and
Serve People – Outcome 3 at ICPD 25+.
Review of 2019 
In March 2019, IPPF set up an ECHO (Evidence for
In 2019, IPPF continued to position itself as the global leader in
Contraceptive Options and HIV Outcome) trial working
SRHR service provision and advocacy, building on the achievements
group to provide support to the Federation in the lead up to
of 2018 (IPPF delivered 252.3 million SRH services; reached
and following the release of the ECHO trial results. The working
68.8 million people with services and many of the services were
group developed two internal briefings and two technical briefs
delivered in rural and peri-urban areas; eight out of ten of IPPF’s
in multiple languages and held webinars for MAs and Regional
clients were poor and vulnerable people, including those in
Offices. IPPF also co-hosted a regional webinar with UNFPA Asia-
humanitarian settings).
Pacific office and presented on the topic in an Implementing Best
Practices webinar, Evidence to Practice DMPA-SC roll out, HIV-SRHR
IPPF’s priorities were linked to IPPF’s Strategic Framework
linkage ICPD 25+, and STOPAIDS AGM.
(2016 – 2022) and Business Plan, and contributed to key global
priorities, including the SDGs, the Global Strategy for Women’s,
The IPPF International Medical Advisory Panel (“IMAP”) developed
Children’s and Adolescent’s Health; the UHC agenda; the ICPD+25
a Statement on the Evidence for Contraceptive Options
and others.
and HIV Outcomes (ECHO) trial (July 2019) which was
disseminated to MAs and other SRHR organizations. IMAP also
To this end, IPPF implemented a range of activities including:
provided technical expertise and guidance to IPPF leadership and
„ We prioritized work on abortion, sexual and gender based supported the launch by IPPF and UK SRHR Network of the WHO
violence and reaching adolescents and young people with self-care guidelines.
information and youth friendly services; alongside addressing
other SRH services such as infertility, cervical cancer prevention In 2019, IMAP also developed and disseminated the statement –
and quality of care, in line with IPPF’s Integrated Package IMAP Statement on Expanding Access and Contraceptive
of Essential Services (“IPES”) and the Guttmacher Lancet Choice through Integrated SRHR (November 2019) to
Commission’s definition of comprehensive SRHR services. inform the implementation of the recommendations of the ECHO
„ IPPF’s routine service delivery by Member Associations was trial results.
further strengthened through more focused large initiatives
such as the WISH programme funded by DFID and the Global IPPF continued to play a key role as a non-state actor in partnership
Comprehensive Abortion Care Initiative, which also address with WHO and actively participated in WHO meetings, including
capacity building and health systems strengthening. the Executive Board, the World Health Assembly and the HRP/PCC,
where we presented statements on topical issues and provided
In 2019, IPPF developed and disseminated several technical guidance and talking points to Member States to ensure outcomes
guidelines and strategies to support rights-based service delivery, of the meetings reflected SRH and rights.
such as The Gender Self-Assessment Toolkit, which provides
structured guidance for the integration of a gender lens in gender IPPF achieved considerable progress in 2019 in the implementation
transformative programming; organizational development and of its Humanitarian Programme including under the Solution
gender sensitive service delivery, and was disseminated with 5 work stream of the Business Plan. In 2019, 4.6 million people
trainings in three regions, and implementation roll-out to six received SRH services in humanitarian settings. Initiatives have
MAs across all regions within the Federation. A ‘How-to-Guide’ focused on mainstreaming humanitarian programming throughout
for designing cervical cancer prevention programmes was the federation through enhanced collaboration across departments
   IPPF Financial Statements 2019 15

and regions, resource mobilization, capacity building efforts and environment for young people to access SRH services and to
laying the groundwork for enhanced peer-to-peer support and ensure that clinics remain safe spaces for young people. The
MA-led capacity development centres in Pakistan and Uganda. project collaborated with the Get Up Speak Out for youth rights
(“GUSO”) programme to expand the online course ‘Abortion
Restricted funding continues to allow IPPF to implement Matters: An Introduction’. Both programmes worked jointly with
and strengthen its core strategic priorities. The Global young women in Ghana to co-design and prototype human-
Comprehensive Abortion Care Initiative (GCACI) began its centred solutions to reduce unsafe abortion among adolescent girls
fifth phase following approval of more than $22 million to support using peer provision of safe medical abortion services. Throughout
16 Member Associations to expand abortion and contraception 2019, the Get-Up Speak Out (GUSO) programme supported five
service delivery and strengthen quality of care in participating Member Associations to monitor and improve the quality of youth-
clinics. The three-year phase expanded to three new countries and friendly services. This included developing and piloting guidelines
29 new clinics. The IPPF Medical Abortion Commodities Database for a peer-coaching programme to support care providers in
(www.MedAb.org) was updated and improved with additional provision of youth friendly services, through structured mentorship.
product information added, and used by people in 81 countries.
A series of stories and photographs were published on the IPPF The IPPF Japan Trust Fund (JTF) supported nine Member
website illustrating the impact and success of GCACI in Cameroon, Associations in Cameroon, India, Togo, Uganda, Laos, Lebanon,
including reaching young people with abortion and contraceptive Nepal, Pakistan and Venezuela in SRH service delivery projects
care. The Safe Abortion Action Fund (SAAF) continued to during 2019. A policy support project was implemented in the
provide grants to projects which promote safe abortion and Maldives to make the system prepared to provide MISP as a
prevent unsafe abortion through advocacy and awareness raising, part of national emergency response. Some areas of particular
service delivery and research activities. significance include: the work with vulnerable and underserved
women population, including female inmates, who were provided
Under the project Stigma: The unseen barrier to young with SRH, legal, and vocational skills development services in
people’s access to SRH services, four Member Associations India; provision of first ever youth-friendly SRH services in the
addressed abortion-related stigma at the individual, community Khammouane Province of Lao PDR; the introduction of single-visit
and institutional levels in order to create a more enabling cervical cancer screening and treatment in Togo; and SRH response

IPPF/Allison Joyce/India
16 IPPF Financial Statements 2019 

to the Zika outbreak in Venezuela during the national economic To strengthen SRH services integration, including STI/HIV
and political crisis. prevention, IPPF will develop a strategy/concept note for Condom
Programming, strengthen engagement with UNAIDS Global
The WISH programme was launched, with the WISH2ACTION Condom Working Group and coordinate a pre-conference focused
consortium (W2A) delivering 6.95 million CYP and reaching on SRHR at the 23rd International AIDS Conference (July 2020).
0.95 million additional users across 16 countries. In 2019, an The HIV service package guidance for MAs are also being
average of 16 per cent of all family planning users across the updated in line with recent evidence. The Medical and Service
programme were youth under the age of 20. With a focus on Delivery Guidelines (“MSDG”s), which are in process of being
sustainability, the W2A countries are also working on strengthening updated will be finalized, published and disseminated.
accountability, advocating for health financing, improving on
quality in service provision and strengthening private sector The International Medical Advisory Panel (IMAP) will meet quarterly
access. Through the development and broadcast of mass media in 2020 and prepare 3 – 4 statements. IMAP will also review and
messages and development of country-level and programme‑wide endorse the revised MSDGs and provide technical expertise to
community mobilization strategies W2A continued to ensure IPPF leadership as needed. Statements will be developed in the
change in social norms and demonstrable knowledge of SRH and following area: gender and SGBV; Universal Health Coverage;
family planning. With integration of services and innovation, W2A Self-care for contraception and medical abortion; ASRH and CSE
put more emphasis on approaches for leaving no one behind by in humanitarian settings. The IMAP statement on Expanding
supporting countries to adopt strategies such as poverty heat maps Access and Contraceptive Choice through Integrated Sexual
to reach the poor and hard to reach areas, scaling up initiatives and Reproductive Health Services will continue to be disseminated
to reach the youth and disability inclusive SRH in the majority internally and externally.
of countries. To ensure evidence and information sharing and
adoption within and outside the programme, W2A also developed IPPF will engage in planning for and influencing the agenda and
various knowledge products including global training manuals outcome of the 2021 International Conference on Family
for Clients Exit Interviews, developed and tested a data sharing Planning (ICFP) through sponsorship, involvement in the Core
platform and produced evidence utilization reports for programme Organizing committee and relevant subcommittees, presentation
learning and adaptation. As part of the WISH Lot 1 consortium, of abstracts and concepts for side meetings/panel discussions.
an additional six MAs mostly in the Sahel Region delivered services
under similar approaches as detailed above. Additional priorities will be to work on Cervical Cancer
Prevention together with ARO and WHR by improving and
IPPF completed the close out of the USAID-funded SIFPO2 expanding screening and treatment services in selected MAs.
project and supported three Member Associations, in Kenya, Engagement with UNAIDS as they develop their new strategy
Togo and Malawi, that had received funds under SIFPO2 and and WHO will be strengthened.
were most impacted by the reinstatement of the Global Gag Rule
(“GGR”) with funding from the Hewlett Foundation to support To strengthen youth partnerships, IPPF will support the ESEAOR
continued service delivery and invest in resource mobilization Regional Youth Forum and attend the Asia Pacific conference
strategies for continued and sustained funding. The majority of on SRH (APCRSHR10) to launch a detailed regional CSE report.
the service delivery activities under this project were completed in A review of the Inside + Out Toolkit will be undertaken as well
2019. Additionally, in Kenya, the Bill and Melinda Gates Foundation as other IPPF CSE guidance documents. Working with regional
provided funding to the MA in Kenya to continue a gender- colleagues, there will be an exploration around developing best
based violence research project (ARCHES) that had begun practice and strategy for CSE delivery to targeted groups or
under SIFPO2. through digital means.

Plans for 2020 The global Humanitarian priorities will be promoting safe
abortion care, sexual and gender-based violence and localization
The Programme Division’s 2020 priorities are linked to IPPF’s
– highlighting Member Associations’ unique positioning and
Strategic Framework (2016 – 2022) and Business Plan and will
complementarity as local responders and partners. The Hub will
contribute to key global priorities and events in collaboration with
continue to support implementation of the Business Plan including
partner organizations. A key focus for Gender will be to roll out
mainstreaming humanitarian across the Secretariat and supporting
the Gender Assessment Toolkit to provide structured guidance for
the Capacity Development Centres in Pakistan and Uganda. The
the integration of a gender lens in programming; organizational
focus of the SPRINT 3 project supported by DFAT-Australia will
development and gender sensitive service delivery. As part of this
remain on implementation of the Minimum Initial Service Package
process, the gender working group will develop a ‘How to’ guide
(MISP) in acute emergencies through direct service delivery with a
on integrating gender in programme design and implementation.
focus on Asia-Pacific in 13 priority countries.
An IPPF SGBV position paper and road map will also be developed,
jointly with Advocacy.
   IPPF Financial Statements 2019 17

Global restricted projects will continue to be implemented in Unite and Perform – Outcome 4
line with agreed objectives/targets and donor requirements.
Review of 2019
The GCACI project will update and disseminate a clinical operation
manual for comprehensive abortion care, develop a framework Governance and Resource Allocation Reforms: From crisis,
for supporting MA-led technical assistance on abortion and a groundswell of support from Member Associations, Governing
contraceptive care, and develop a strategy to guide expansion of Council (GC), donors, partners and staff resulted in the IPPF GC
second trimester abortion care. In addition, the project will lead agreeing at its May 19 meeting that an accountable, agile and
on the development of formal IPPF partnerships with key external modernized Federation is critical to its survival. This momentum
stakeholders, as well as contribute to the development of IPPF’s provided a strong mandate for the Secretariat, with support from
overall abortion strategy and programme. A paper co-authored by the Executive Committee to proceed with the reform.
IPPF as part of GCACI will be published in Contraception, and the
project will contribute to research on client-centred quality of care, The GC requested the establishment of two independent
and barriers to accessing to medical abortion. review Commissions, one to review IPPF’s governance (namely
the Independent Governance Review Commission (IGRC)) and
With support from the Packard Foundation, IPPF will complete the other to review the process through which IPPF allocates
the third phase of the project Stigma: The unseen barrier to unrestricted income to MAs and the Secretariat across regions
young people’s access to SRH services and support Member and countries (namely the Independent Resource Allocation
Associations to reduce abortion stigma and increase young Commission (IRAC)).
women’s access to quality comprehensive abortion care and
information. The Get Up Speak Out (GUSO) programme will It was agreed that the Commissions’ proposals for reform should
undertake operational research of peer education programmes be put to an extraordinary general assembly of all MAs, alongside
and disseminate learning from implementation of Youth SRHR partners and donors, to be convened in New Delhi, India in
projects since 2016. November 2019.

Through JTF at least 17 Member Associations will be supported In the extraordinary General Assembly meeting of all the MAs,
to implement innovative projects aimed to contribute to universal more than 90 per cent of IPPF’s MAs reached a historic consensus
access to sexual and reproductive health. Selected JTF projects on bold recommendations for transforming IPPF’s governance and
will be showcased in JTF project briefs (such as those in Uganda, resource allocation structures. The decisions taken by the General
Venezuela, and India), and media trips (in India, Morocco and Assembly are reproduced below:
Uganda). IPPF will also assess the effectiveness of the project in
„ An MA-led governance structure that is accountable to the
DRC which focused on strengthening access to integrated sexual
membership and the people IPPF serves.
and reproductive health rights and services for the country’s pygmy
„ The new governance structure removes intermediary layers
indigenous peoples. 2020 marks the 20th Anniversary of JTF,
between MAs and global governance and will advance IPPF’s
and the programme activities will maximize the opportunities to
mission. Details of the structure approved is provided under
highlight the contribution of JTF over the past years.
the section on Governance.
„ A stream-based model for resource allocation that is more
In 2020 the WISH programme will continue to strive to reach
strategic, transparent and MA-led.
ambitious KPI targets to reach young and poor clients with
integrated SRH services and to continue to achieve steps towards
The new model will ensure that we better serve all people who
sustainable SRH services in each country while concentrating on
rely on us, especially those at risk or most vulnerable. IPPF will
continued improvements in quality and infra-structure systems
allocate its core unrestricted funding along three streams to
in MA’s. The project will aim to continue to improve on evidence
give predictability in funding as well as flexibility and agility in
information sharing and dissemination. Specifically, W2A will
responding to emerging needs, as follows:
roll out the data platform and develop a portal for poverty heat
maps and other global goods and will continue partnering with
Stream 1 – Accelerating the Response (80 per cent): IPPF
the Third-Party Monitoring (TPM) on the research agenda. W2A
will devise a new formula for allocating resources to MAs
has commissioned a Value for Money (VfM) study to assess
(excluding high income countries) that is context, political, and
VfM delivered on the programme to date, identify key gaps and
culture‑specific, and prioritizes reaching those most at risk of
develop a systematic framework to better track and manage VfM
being left behind. IPPF also commits to advocate and mobilize
performance on the programme.
resources with governments and other donors to ensure
effective responses to SRHR needs and rights for vulnerable
and≈underserved groups, regardless of national income status.
18 IPPF Financial Statements 2019 

IPPF/Hannah Maule-ffinch/Palestine

Stream 2 – Strategic Fund (15 per cent): IPPF will develop criteria the capacity of Regional Offices and Member Associations to
for MAs to apply for competitive, proposal-based awards for mobilize resources, diversify their income, and ultimately become
developing strategic initiatives. more sustainable.

Stream 3 – Initial Emergency Response (5 per cent): IPPF will In addition to the on-going multi-year grant agreements,
develop criteria for providing funding to MAs to support an initial governments of China, Denmark, Germany, Japan and the Hewlett
response to humanitarian crises. Foundation all renewed unrestricted funding with IPPF in 2019,
providing essential support for our core mission. We are also
As part of the funding process, the unified Secretariat and all MAs, thankful to governments of Australia, Norway and Sweden as well
with support from the Secretariat, will present three-year work as the CIFF, Gates Foundation, and the Open Society Foundations
plans and budgets. for their grant contributions that enabled IPPF to take swift and
bold action in 2019 toward reforming its governance and resource
It has now been agreed that the above allocation model will be allocation systems between June-December 2019. It is also
used to allocate resources to the Member Associations/ partners important to mention that in June 2019, IPPF organized its largest
and the Secretariat from 2021. The detailed process guidelines ever annual consultative donors meeting, galvanizing external
applicable for each of the streams are now being finalized. support for implementing the SF and Business Plan.

Bolstering MA and Secretariat income generation. In 2019, Restricted funded programmes. At the same time, IPPF
IPPF developed for the first time a Federation-wide Global Income is increasingly recognized as a trusted provider of restricted
Generation (“GIG”) strategy to help meet the ambitious programming funds. In 2018, a number of large restricted
income targets set out in the Strategic Framework (“SF”) of global projects, such as the WISH Lot 1 and 2 funded by the
doubling Secretariat and MAs income by 2022. The GIG strategy Government of United Kingdom were awarded to IPPF, and in
is a roadmap for the modernization of IPPF’s income generation 2019 we dedicated significant resources to ensuring the successful
approach to meet the demands of the current context, respond transition of these projects. The comprehensive transitioning efforts
to the changing funding landscape, deliver on the SF and Business contributed to the strong early performance and ongoing success
Plan, and position the Federation for sustainability and growth in of these projects. In addition to the necessary focus on project
the future. The strategy focuses on building processes to better transition, the team continued to lead on major new funding
capture opportunities across the Federation through a new live opportunities with new donors.
Bid Pipeline for the Secretariat. It also prioritizes strengthening
   IPPF Financial Statements 2019 19

Building capacity for income generation across the IPPF’s Innovation Programme supports Member Associations
Federation. In 2019, IPPF continued to provide support to MAs, to test novel practices to improve the SRHR of underserved
to strengthen their income generation capabilities, especially those populations with a view to scale successful interventions to
affected by the Global Gag Rule. Workshops were held in Nairobi enhance operational effectiveness. 2019 saw completion of six
for a number of African MAs, and in Burundi for the MA there. research projects, which contributed individually to learning
Intensive support was also provided to Lebanon, Kenya, Malawi under outcomes 2 and 3, for example, engaging men and boys
and Togo. There is now a greater focus on the future diversity of in SRHR and developing a tool to capture the impact of CSE. The
income and therefore financial sustainability of MAs and IPPF is Innovation Programme initiated a series of policy briefs and project
fully committed to supporting MAs to help them achieve this. factsheets for each project to share learning from these projects,
and contributed to peer-reviewed publications including from our
Focusing on SRHR in crisis settings. 2019 also signalled a major randomized controlled trial on digital interventions targeting youth
shift in the emphasis of IPPF’s humanitarian programmes, with new with the London School of Hygiene and Tropical Medicine. Using
humanitarian, fragile, and post-conflict programming that attracted learning on how to support innovation and research, the Innovation
support from several donors, we also launched new Humanitarian Programme also supported Member Associations on bid-writing for
Capacity Building Centres that are led by Member Associations external innovation funding streams, as well as liaising with WHO
in Uganda and Pakistan. IPPF continues to seek support from and other partners on potential research collaborations.
donors to provide the investments needed to reach populations
in Africa, Middle East, and Latin America that are affected by A review of the gender equality strategy was included in the
protracted crisis. mid-term review of the 2016–2022 Strategic Framework.
Findings show in part, SGBV service provision grew by 15 per cent
Workplace Service Delivery programmes. In 2019, IPPF between 2016 and 2018 (both a result of a focused approach
continued to build its Workplace Service Delivery initiative, and growing capacity of health providers in this area and
which works with sector partners, global brands and suppliers to injection of core funds) in addition to increased awareness of
advocate for and deliver access to SRHR information, education, gender transformative programming through Federation-wide
and services for workers in large-scale employment settings, collaboration of gender focal points and information sharing.
including factories and plantations. In 2019 IPPF highlighted the
issues and showcased the Workplace Service Delivery programme The Supply Chain Management (SCM) team continued to
on panels at global and regional events and built new partnerships provide services to the MAs supporting their annual orders.
with brands and suppliers to fund MAs in India, Sri Lanka The Health Information Systems (HIS) team, with funding
and Cambodia. from GCACI developed a HIS policy implementation plan and
data utilization guide to continue to support MAs to implement
Membership accreditation. IPPF launched its third phase a clinic management information system (“CMIS”) and effectively
of systematic and comprehensive accreditation system in utilize data for decision making. The Restricted Funds Delivery
January 2016. This scheme reviews and measures the extent to (RFD) team continued to administer internal monitoring of project
which all Member Associations comply with IPPF’s 10 principles performance and worked to support strengthened accountability
covering 48 membership standards supported by 201 checks. and delivery of restricted projects through the development of
These form the pillars to ensure that Member Associations are: robust internal performance indicators. In 2019, the RFD team also
open and democratic; well governed; strategic and progressive; revised their strategy for strengthening the capacity of IPPF in the
transparent and accountable; well managed; financially healthy, implementation of projects to be in line with the IPPF Business
a good employer; committed to results; committed to quality; Plan, which focused on improved knowledge management,
and a leader in the sexual and reproductive health and rights strengthened leadership of MAs and increased accountability
movement in their country. for our impact.

By June 2019, 70 reviews were carried out with 36 Member IPPF’s Data Management Strategy
Associations re-accredited and one Member Association
IPPF’s first Data Management Strategy was finalized in 2019. The
being newly accredited as full members of IPPF by IPPF
purpose is to guide the design, implementation and use of data
Governing Council.
systems throughout the Federation. This represents a significant
step forward in how data is managed in IPPF and will enable
The remaining MAs are currently implementing their post
consistent and integrated practice, leading to stronger data systems
accreditation action plan in order to achieve full compliance. In
that support all areas of our work. It provides a framework for
line with the accreditation reporting cycle, a further 13 MAs have
institutional data management to support improved accountability
undergone review between July and December 2019 and whose
and performance. There are four results areas, as follows:
results were reported to the Governing Council in May 2020.
20 IPPF Financial Statements 2019 

„ Data governance: all stakeholders understand and act on – Induction and first meeting of the new Board of Trustees
well‑established policies and procedures within their roles (“BOT”): To ensure a seamless transition from the Governing
and responsibilities to collect, manage and protect the data Council to the Board of Trustees, an induction retreat was
of the Federation organized for the new Board in June 2020, and the TC will
„ Data quality: all data is accurate, complete, timely, reliable, support the transition through the BOT’s first meeting in
consistent and fit for purpose with the required level of July 2020. The Trustees are developing an ongoing training
disaggregation to allow meaningful analysis and verification plan for their development.
„ Data access: all stakeholders have timely access to relevant – Pilot of National Governance Strengthening Programme:
quality data in the right format for specific use, understand The Secretariat will work with ten Member Associations
what data they require, know where this is stored and have the willing to engage in governance reform to shape and pilot a
capacity to extract it for meaningful use programme for strengthening MA governance that builds on
„ Data use: all stakeholders effectively interpret and utilize data best practice in MAs and is linked to the accreditation system.
proactively for decision‑making and learning The pilots are scheduled to commence in July/ August 2020.
– Review and adaptation of IPPF’s legal documents: A team
IPPF developed a Knowledge Management Framework for the supported by IPPF’s Honorary Legal Counsel reviewed IPPF’s
Secretariat in 2019, covering culture and leadership, skills and policies, bylaws, regulations and regional constitutions, and
competencies, processes and systems. The Framework aims to made necessary changes in line with the reforms agreed and
align the regional knowledge management approaches and enable legal requirements. The revised documents were approved
a common way of working across the Secretariat. It also links to by the the GC in May.
and supports delivery of other strategies, such as the People and
„ Resource Allocation Track: The transition to a new resource
Gender strategies, in a bid to increase effectiveness and work
allocation model involved broad consultation with Member
as one IPPF. A strengths-based approach was implemented to
Associations and external experts to:
design the Framework to recognize and build upon the good work
already taking place in the Secretariat where possible, rather than – Develop a formula for resource allocation under Stream 1:
reinventing new systems, processes, and initiatives. The TC and an expert consulting firm will engage MAs to
harness the expertise across the Federation to develop a
Elements of the strategy started being implemented by supporting formula that meets the General Assembly’s demands for
teams to facilitate learning and knowledge transfer processes. a transparent, needs-based, context-specific allocation of
After Action Reviews were conducted of various projects, including resources. A proposal for a new formula will be presented
the provision of technical assistance remotely, to assess their to the new Board of Trustees in July and go into effect for
effectiveness and to learn from the experiences and strengthen budgeting in 2021 for funding beginning in 2022. The first
future implementation. Also, capacity building on facilitation 3 year-cycle for Stream 1 will be for the period 2023–25.
and the design of the Social Enterprise internship programme – Define criteria for Streams 2 and 3: IPPF will set priorities and
was provided. criteria for funding under Stream 2 in line with IPPF’s Business
Plan, with MAs submitting proposals for this stream in
Plans for 2020 October 2020 for funding beginning in 2021. Simultaneously,
IPPF will develop criteria for receiving humanitarian response
Governance and Resource Allocation Reforms. Building on the
funding under Stream 3.
momentum and energy of the General Assembly, IPPF proposes
– Develop a budget and workplan for a unified Secretariat:
to move deliberately and expeditiously to execute the reforms and
As the Secretariat consolidates its works across all
create a new IPPF.
Regional Offices and the Central Office to meet the reform
recommendations, it will develop its first unified budget
The timeline for this work is ambitious and will require continuous
and workplan to be approved by the Board of Trustees in
engagement and participation of the Federation membership, staff,
November 2020 for 2021.
and stakeholders. Overseen by the Transition Committee (“TC”),
– Provide stability and support for MAs in transitioning to
this work is proceeding along two tracks:
new funding model: Throughout this process, the Transition
„ Governance Track: Over the first six months of 2020, IPPF has Committee will create opportunities for MAs to participate
transitioned to a new global governance structure. A slate of in developing the new model and to build their capacities,
candidates to act as Trustees was presented to the Governing including through webinars, trainings, and peer-to-peer
Council for election at its May 2020 meeting. This resulted in support. In order to maximize predictability and stability
the formation of a new 15-member Board of Trustees made up of funding, the Secretariat has committed to maintaining
of nine representatives from members and six external trustees, unrestricted funding to MAs at current levels for 2021, while
eleven of whom are women and five of whom are young the Secretariat’s funding will remain the same or decrease.
people under 25.
   IPPF Financial Statements 2019 21

Bolstering MA and Secretariat income generation. To fill The Gender Task Force will contribute to the development and/
the funding gap that remains through to 2022 to deliver the or revision of policies in support of gender equality. The team will
Strategic Framework, we will focus on securing global and apply a gender lens in all areas of the Business Plan, following up
regional programmes, with most opportunities on the horizon on the MTR recommendations and prioritizing support to Solution
funded by restricted government donors and foundations. Six of the Business Plan on women’s leadership.
Winning these contracts will require IPPF to become more agile
in order to meet donor demands for increased accountability and Driven by several factors including country and donor regulations,
demonstrated impact. new service delivery restricted projects, strengthening of
partnerships with both internal and external stakeholders, and the
In 2020, we will also begin the implementation and roll-out of the implementation of internal systems and platforms, the Supply
Global Income Generation (GIG) strategy which will guide our work Chain Management team will focus on building a framework of
at all levels of the Federation. processes and policies to ensure compliance with UK regulations
(WDA-license) and will transition part of its procurement and
Currently, many unrestricted grant-receiving MAs struggle to supply chain activities to a third party agent. Structured partnership
position themselves strategically with donors, write competitive with UNFPA (Supplies) and WHO at global but also at country levels
bids, and manage the complexities of restricted programmes and will be strengthened.
compliance without support. In recognition of the great diversity
of MAs and country contexts across the Federation, MAs require The Restricted Funds Delivery (RFD) team will coordinate
different levels of support for growing their local income. In 2020, the development of an IPPF Project Management Handbook,
we will devise a segmented strategy for engaging and supporting prioritizing processes around cost-recovery policy and project
MAs strategically for income generation. closure, expand the internal performance indicators for monitoring
of all Secretariat projects, and support strengthened compliance
Social Enterprise Hub. IPPF’s Social Enterprise Hub established standards and processes for IPPF.
within the Family Planning Association of Sri Lanka (FPASL) in 2017
continues to support MAs to develop or strengthen their social As a follow up to the Data Management Strategy and the work
enterprises. In 2019, the Hub held the first ever Global Social undertaken by the Federation in strengthening its existing
Enterprise Internship. For four weeks, eight staff members from systems, IPPF will develop and launch an affordable plan for
seven MAs from four regions learned, observed, and exchanged systems improvement (Solution Team Seven) impacting
skills and knowledge hosted by FPASL. Moreover, to support systems at the Member Associations and the Secretariat as a
capacity building on social enterprise across the Federation, the whole. Implementation of the Data Management Strategy will
Hub undertook the development of three web-based tools: the begin during 2020. A three‑year implementation plan outlines
Social Enterprise Academy, a learning and knowledge management the activities to be undertaken in each of the results areas. These
resource, the Readiness Assessment Tool, enabling the MAs to comprise establishing a data governance committee; formulating
assess objectively their organizational readiness to develop a a code of conduct for data protection; developing a culture of
social enterprise, and the Business Planning Tool which guides valuing and using data; creating and regularly updating a data
MAs through the development of a business plan. In 2019, social dictionary and data standards guide; capacity building of staff;
enterprise contributed to 53 per cent of income generated locally ensuring interoperability and integration of data management
by MAs. systems, and increasing access to and engagement with data by
all stakeholders.
The Innovation Programme will continue to support the
remaining five projects to completion, including consolidation The Health Information Systems (HIS) team will contribute
of learning and evidence into policy briefs to support replication to the implementation of the Data Management Strategy, will
where appropriate. In recognition of changing operational and coordinate support to Francophone African Member Associations
funding landscapes, the Innovation Programme will focus on to ensure installation and utilization of CMIS in static clinics
how best to evolve and contribute to catalysing progress towards (manual or electronic) and support data utilization by sharing
IPPF’s strategic goals. In the short term, we will focus on technical the newly developed guide and encourage MAs to conduct data
support to other initiatives where learning from the programme’s utilization training.
implementation is relevant. For example, in accessing external
innovation and research funding opportunities; within new After the process of building a unified Secretariat in 2020, the
restricted project (to support their innovative programming); and Knowledge Management Framework will be updated to align with
in developing operational guidelines for challenge funding, as part and effectively support the organizational learning and knowledge
of IPPF Business Plan and new resource allocation model. For the management needs of the new structure.
longer term, the Innovation Programme will continue to liaise with
colleagues and external networks to inform the most strategic
future for innovation and research within IPPF.
22 IPPF Financial Statements 2019 

Achievements and performance

Global results 2019

IPPF uses its Performance Dashboard of results to monitor progress on the Strategic Framework 2016–2022.

% change Cumulative % target

2019 2018 from 2018 Target results achieved
Expected results results results to 2019 2016–19 2016–19 2016–19

OUTCOME 1 INDICATORS
1 Number of successful policy initiatives and/or legislative 141 163 (13%) 535 635 119%
changes in support of SRHR and gender equality to which
IPPF advocacy contributed
2 Proportion of countries that are on track with their … … … n/a n/a n/a
Sustainable Development Goal targets improving sexual
and reproductive health*
3 Number of youth/women’s groups that took a 756 1,038 (27%) n/a n/a n/a
publicly supportive action on SRHR to which IPPF
engagement contributed

OUTCOME 2 INDICATORS
4 Number of young people who completed a quality-assured 31.9m 30.8m 4% 202.1m 122.2m 60%
comprehensive sexuality education programme (delivered or
enabled by Member Associations, volunteers or staff)
5 Proportion of young people who completed a quality-assured … … … n/a n/a n/a
comprehensive sexuality education programme who increased
their SRHR knowledge and their ability to exercise their rights**
6 Number of people reached with positive SRHR messages* 411.3m 242.6m 70% n/a n/a n/a

OUTCOME 3 INDICATORS
7 Number of SRH services provided 181.3m 168.1m 8% 729.0m 658.7m 90%
8 Number of couple years of protection 27.0m 23.5m 15% 80.5m 90.3m 112%
9 Number of first time users of modern contraception 6.5m 6.0m 8% 30.0m 25.0m 83%
10 Proportion of IPPF’s clients who would recommend 92% 93% (1%) 85% 92% 108%
our services**
11 Number of SRH services enabled 71.0m 55.1m 29% 217.1m 208.1m 96%

OUTCOME 4 INDICATORS
12 Total income generated by the Secretariat (US$) 191.5m 133.0m 44% 586.9m 579.9m 99%
13 Total income generated locally by grant-receiving 252.1m 264.2m (5%) 1,417.4m 1,096.7m 77%
Member Associations (US$)
14 Proportion of IPPF unrestricted funding used to reward Member 8% 9% (1%) 20% 8% 40%
Associations through a performance-based funding system
15 Number of IPPF volunteers 314,068 261,573 20% n/a n/a n/a
16 Number of IPPF activists* 13.3m 12.2m 9% n/a n/a n/a

* Metric reviewed in IPPF’s Midterm Review and will be deleted in IPPF’s Performance Dashboard from 2020.

** Metric reviewed in IPPF’s Midterm Review and will be replaced in IPPF’s Performance Dashboard from 2020.

Key
… data not available
n/a not applicable
   IPPF Financial Statements 2019 23

Outcome 1: In 2019, IPPF contributed to 141 changes in policy Eight in ten of IPPF clients, or 57.5 million people, are poor and
or legislation in support or defence of SRHR and gender equality. vulnerable, and would not otherwise be adequately reached
This includes 43 subnational and 69 national changes in 52 by SRH programmes due to a lack of political will, expertise or
countries. Our advocacy efforts also contributed to 12 global and institutional capacity.
17 regional changes. These legal and policy changes cover a range
of themes. The most common were in education and services for In 2019, IPPF provided 27.0 million couple years of protection,
young people, increasing access to sexual and reproductive health an increase of 3.5 million, or 15 per cent, from 2018. The largest
services, promoting gender equality and increasing access to increases were from implants (43 per cent), intrauterine devices
safe and legal abortion. IPPF resists opposition attempts to bring (10 per cent), and oral contraceptive pills (eight per cent). IPPF also
about policy and legislative changes that would be harmful to the provided contraception to 6.5 million first-time users of modern
health and well-being of people in both developed and developing contraception in the 56 FP2020 focus countries. Of all service users
countries, and in 2019, six of IPPF’s wins involved blocking the surveyed in IPPF clinics, 92 per cent said they would recommend
opposition’s proposed changes. the services to family or friends, indicating a high quality of care
provided by IPPF in supporting clients’ choices and providing
In 2019, 121 Member Associations conducted advocacy to clinical services.
influence governments to set and deliver targets under the
Sustainable Development Goals (“SDG”s); this is an increase from Outcome 4: IPPF is continually investing in structures and systems
119 Associations in 2018. These activities call for governments to to adapt to changing environments and to increase organizational
allocate financial resources to achieve their SDG commitments, effectiveness. Overall income generated by the Secretariat
and to collect data and present results on progress at country increased by US$58.5 million from 2018 to US$191.5 million
level. IPPF also worked with 756 youth and women’s groups to in 2019 (see appendix 1). This 44 per cent increase reflects a
take public action in support of SRHR. Examples of actions include significant rise in restricted funded projects in 2019.
supporting an SRHR issue in a letter to or meeting with a public
official, or adding the group’s name to a campaign event. Unrestricted grant-receiving Member Associations raised a
total of US$252.1 million, a decrease of US$12.2 million, or
Outcome 2: IPPF is expanding access to comprehensive sexuality five per cent, from 2018. These funds are raised through
education (“CSE”) around the world, both in- and out-of-schools, the sale of commodities, in-kind donations, and funds from
and with a focus on reaching the most marginalized young people. local and international sources, including governments. IPPF’s
In 2019, Member Associations provided CSE to 31.9 million young performance‑based funding system was used in five regions to
people, an increase of 1.1 million, or four per cent, from 2018. make data-driven decisions about resource allocation to Member
To enable people to act freely on their SRHR, and to bring about Associations. For each Association, grant levels were adjusted
changes in public attitudes and opinions, IPPF reached 411.3 million according to performance against a number of key indicators.
people with positive messages about SRHR: this is a significant The system rewards Member Associations that are most effective
increase of 70 per cent from 2018 at 242.6 million people. in delivering SRH services, CSE and advocacy programmes, and
The distribution of positive messages is conducted by Member enables IPPF to invest further resources in those Associations
Associations using both online and offline channels of distribution. that achieve the greatest results. In 2019, eight per cent of IPPF’s
unrestricted income was used to reward Member Associations,
Outcome 3: IPPF is committed to the delivery of an essential a decrease of one per cent from 2018.
package of SRH services that are rights-based, client-centred,
gender-sensitive and youth friendly. IPPF provides information, IPPF was supported by 314,068 volunteers, including peer
education, and services to the most under-served people, including educators, medical personnel, members of IPPF’s governing bodies,
those in humanitarian settings, in crises due to conflict and legal advisers, and fundraisers. All volunteers make a significant
natural disasters. contribution to the work and performance of IPPF. The activities of
opposition groups, a vocal minority in many places, pose a threat
In 2019, 252.3 million SRH services were delivered, an increase of to the gains achieved by the SRHR movement. IPPF is responding by
29.1 million, or 13 per cent, from 2018. This included 181.3 million recruiting and organizing activists who support and defend SRHR.
services provided by IPPF directly, and a further 71.0 million In 2019, 13.3 million activists agreed to take action for political
services that IPPF enabled through partnerships with public and and social change in support of IPPF’s work. Actions included
private health facilities. Globally, the number of SRH services participating in campaigns and sharing campaign messages on
delivered to young people was 104.8 million, or 42 per cent of all social media, as well as educating and empowering others to
services. There were also significant increases in the number of exercise their rights.
gynaecological, obstetric, and sexual and gender-based violence
services provided, and these are all critical to women’s and girl’s
health outcomes.
24 IPPF Financial Statements 2019 

Financial review

Statement of reserves Statement on investments

The members of the Governing Council have reviewed the level There are no restrictions under the 1977 Act in relation to the
of reserves. Note 15 to the financial statements show the split charity’s powers to invest. IPPF currently holds investments in the
of reserves between the general, designated, restricted, and form of shares and securities (US$1.54 million) as well as property
endowment funds. (US$1.3 million).

The Governing Council in May 2013 approved a risk-based

target of general reserve level of between US$18 million and
Financial summary
US$24 million. This target was considered every year thereafter Income for the year for the group increased by US$51.8 million
and found to continue to be appropriate and thus remains a target (46 per cent) to US$163.7 million due to a large increase in
that IPPF still uses whilst assessing its optimum level of reserves. restricted income from US$54.12 million to US$103.98 million.
The reserves policy ensures IPPF has the resources in place to Total expenditure increased by US$46.8 million to US$161.4 million
manage financial risk and short-term income volatility and continue which led to a group net operating surplus before investments
to invest in initiatives to meet its goals set out in the current gains (combined for unrestricted and restricted funds) for the year
Strategic Framework. of US$2.33 million.

The general reserve level of the group as at 31 December 2019 was Total unrestricted expenditure of US$60.18 million covers grants
US$16.87 million, an increase of US$2.5 million from the balance as to Member Associations and partners (US$37.7 million), group
at 31 December 2018, however still slightly below the range as set in secretariat expenditure (US$21.3 million), and fundraising costs
its reserves policy. The unrestricted expenditure programme budget (US$1 million). The net operating unrestricted deficit for the year
for the year ending 31 December 2020 is US$60.3 million. The was US$0.443 million (2018 deficit: US$17.0 million).
general reserve balance at 31 December 2019 of US$16.87 million
represents 28.0 per cent of this budgeted amount and provides Total restricted expenditure of US$101.2 million includes grants
necessary cash flow as the majority of unrestricted funding is to Member Associations and partners (US$71.7 million), group
received in the second half of the financial year. secretariat expenditure (US$26.4 million) and fundraising costs
(US$3.1 million). There was a restricted surplus of US$2.77 million.
Unrestricted funds are designated at the discretion of the A full analysis of restricted projects balances and 2019 income
Governing Council. Within designated funds is US$8.1 million and expenditure is available in note 15.
which represents fixed assets. Funds have been designated for
various projects including the Innovation Programme which
provides funding to develop innovative projects and try new
approaches to our work; and funds set aside to implement the
Secretariat Business Plan.

IPPF/Georgina Goodwin/Burundi
   IPPF Financial Statements 2019 25

Income
The overall group income of IPPF has risen by US$51.8 million
(46 per cent) to US$163.7 million (2018: US$111.9 million).
Unrestricted total income and restricted income rose by
US$1.9 million and US$49.86 million respectively. 10%

IPPF’s main source of funding is government grants, which account 24%

for 88 per cent (2018: 81 per cent) of total income. In 2019 10%
unrestricted government funding increased by US$2.2 million
(4 per cent) to US$57.4 million. The main reason for the increase in
funding in 2019 was the increase in funding from Germany which
2019
charitable activity
rose from €6 million to €12 million. expenditure
by outcome
Restricted government funding amounted to US$87 million, up (Group)
from US$35.2 million in 2018. A full analysis of restricted projects
balances and 2019 income and expenditure is available in note
15. The following Governments were the major contributors to
the restricted funding of IPPF: Government of United Kingdom, 56%
through the WISH programme in Africa, South Asia and the Arab
World US$59.23 million, the European Commission supported the
State of African Women Campaign US$4.6 million, Government
Championing Rights Serve People
of Canada US$4.3 million, Government of Australia continued to
provide support (US$2.4 million) in relation to the global SPRINT Empower Communities Unite and Perform

Initiative to provide sexual and reproductive health services to crisis

and post crisis areas in South East Asia, the Pacific, South Asia and
Government of Belgium contributed to the SHE Decides project
losses on the pension liability of US$0.4 million and increased
US$2.07 million.
by other foreign exchange gains of US$3.4 million, leading
to an overall increase in IPPF’s total funds and reserves from
The governments of the Netherlands, Norway, UK and an
US$75.9 million to US$79.8 million.
anonymous donor also provided funding of US$5.64 million to the
Safe Abortion Action Fund.
The general fund has increased by US$2.5 million, from
US$14.4 million to US$16.9 million. Designated reserves
Grants from multilateral donors and other sources decreased
have decreased by US$0.9 million, from US$32.1 million
by 13 per cent from US$20.7 million to US$18.1 million.
to US$31.2 million. The asset revaluation reserve remained
A significant factor in the decrease was US$0.6 million from GIZ,
at US$12.1 million. Restricted reserves have increased by
US$0.26 million from Anonymous donors, and US$0.7 million
US$2.8 million from US$26.2 million to US$29.0 million.
decrease from the David and Lucile Packard Foundation.

The 2019 balance sheet contains a net pension liability of

Expenditure US$10.6 million. This represents an increase in liability of
US$0.6 million from the 2018 balance of US$10.0 million. The
IPPF spent US$161.4 million in 2019 compared to US$114.6 million
pension liability forms part of unrestricted funds and represents
in 2018, an increase of US$46.8 million (41 per cent).
the total net future liability arising from the Central Office defined
benefit pension scheme. A specific draw down is approved
Grants to Member Associations and partner organizations rose by
annually from the general reserves to meet this liability. The defined
US$42.2 million (63 per cent) in 2019 to US$109.4 million.
benefit scheme was closed in 2007; further details on the scheme
are included in note 19 to the financial statements. Agreement
Funds (including pension fund deficit) has been reached with the scheme’s trustees on a recovery
plan that will see the deficit cleared by October 2025 instead of
Overall there was a surplus before investment gains of
December 2024.
US$2.3 million compared to a deficit of US$2.6 million in 2018.
This surplus was reduced by actuarial loss on the defined benefit
pension scheme of US$1.7 million, decreased by foreign exchange
26 IPPF Financial Statements 2019 

Plans for future periods

IPPF continues to build on the initial implementation of the Some of the examples from across the regions are presented below.
new strategy to ensure that the four outcomes in the Strategic
Plan are achieved by 2022. In 2020 the Secretariat will invest WISH2Action programme being implemented across the Africa,
in implementing the initiatives identified in the Global Income South Asia and Arab World regions, is investing £132 million over
Generation Strategy and also revise its global resource allocation three years (2018 to 2021) to deliver an integrated sexual and
formula, to enable better allocation of funds, in strategic, reproductive health programme in 15 countries across South Asia
humanitarian response and core functions of the Federations. and South/East Africa. Key examples on equity and effectiveness
This investment is part of our core budget and has not been under the programme are presented below.
impacted by COVID‑19. IPPF will also work on building more
„ Performance against Equity indicators shows reduced unit costs
cohesive systems, under the overall unified secretariat policy,
of reaching clients living in poverty and young people under
to improve efficiencies and allow more joined up working.
20 with family planning services. This is driven by increased
service provision to target clients, rather than reduced costs and
Future funding demonstrates cost efficiency i.e. ability of the programme to
achieve higher coverage of beneficiary groups at reduced costs.
The Global Income Generation Strategy (GIG Strategy) defines
Total programme costs are used to calculate Equity indicators,
a roadmap for the modernization of IPPF’s income generation
rather than estimated cost of reaching these clients.
approach to meet the demands of the current context, deliver
on the Strategic Framework and Business Plan, and position the
Data collected and analysis done allows disaggregation and
Federation for sustainability and growth in the future. It presents
distribution of programme benefits (outputs and outcomes) by
informed, realistic four-year income projections (2019–2022)
key population groups, but cost data is not available at a similar
alongside high-level approaches for how to achieve these and
disaggregated level.
support MA income generation in the short time frame. The
overall strategy will base its plans on three broad approaches, „ Cost-effectiveness indicators show a reducing unit cost
first being maximizing the current sources of funding, the second for key results. Overall, the estimated cost per disability-
enhance IPPF’s competitiveness by adopting a more commercial adjusted life years (“DALY“) averted since programme inception
approach and finally strengthen the Member Association centric is £11.70. This compares very well to comparator programmes
income generation. IPPF continues to work on diversifying its which range from £12 to £108 ($16 to $140), based on SRH and
funding base for both IPPF itself and Member Associations, Maternal, Newborn and Child Health (“MNCH”) interventions
by increasing the number of fundraising opportunities among across different geographical locations. It is notable that this has
non-governmental organizations including trusts, foundations, been achieved within the first year of the programme.
the private sector and individuals. IPPF globally and through
Associations at the national level will compete for available
funding for SRHR through restricted funding mechanisms.
100

IPPF continues to respond to the changing donor funding

landscape and now has a three year rolling financial plan that
outlines the challenges and opportunities ahead, including 80
COVID‑19. This will continue to help ensure that we can continue
to operate as a Federation with a Unified Secretariat but also
be conscious that, in line with donor trends in moving away
60
from an unrestricted funding environment to one focused on
GBP £

restricted funding in donor specific programmes and/or countries,

will require us to adapt and change some of our structures
and approaches. 40

Value for money

20
Value for Money considerations have always been central to IPPF.
We share the ambition to maximize the impact of each pound
spent to improve the lives of poor and marginalized communities,
while simultaneously recognizing the importance of costs and 0
Cost/service to clients Cost/service to clients
results to allow evidence-based choices. living in poverty under 20 years old

Q4 2018 to Q1 2019 Q2 to Q4 2019

   IPPF Financial Statements 2019 27

„ A country level cost per DALY analysis carried out showed „ Five Member Association engaged community workers
significant variation between the indicator across the (midwives, reproductive family health volunteers, link workers,
various countries, Somalia and South Sudan being outliers in peer educators) from the local communities to ensure
terms of very high cost per DALY. This performance is driven by sustainability of the initiative.
lower capacity in country, a difficult insecure and conservative „ Family Planning Association of Pakistan adapted a ‘task sharing
SRH environment and therefore low results, particularly in the and task shifting’ approach where available pool of clinical staff
first reporting period (Q4 2018 and Q1 2019). trained the health workers on specific clinical tasks based on
WHO guidelines which ensure reducing burden on the clinical
Strategies and approaches used by IPPF and its consortium partners staff and improved health care coverage in resource-poor
to deliver these ambitious results include: settings by making efficient use of existing human resources
for health. FPAP trained 50 health workers in the project.
„ Use of existing capacity in countries through member
„ Afghan Family Guidance Association in partnership with
associations and consortium partners has enabled IPPF to deliver
Provincial Education Directorate of Herat and Kabul Provinces
CYPs at a low unit cost and a short timeframe in most countries.
trained 30 school-teachers on Life Skill Education (CSE) thereby
„ Focusing budgets on high volume countries with countries such
acting as a catalyst to train 10,000 school students during the
as Pakistan and Ethiopia receiving on average five times more to
project period, ensuring sustainability of the initiative. The pool
deliver higher number of CYPs.
of trained teachers is now available to provide technical support
„ Use of the cluster model which is designed to promote and
to other schools and also reaching out to more young people
incentivize resource optimization. The critical element of the
beyond the project period.
model is coordination to cover referral pathways; commodities
redistribution; commodity planning; joint mobilization of clients;
As part of the project Member Associations have been
health data analysis and utilization.
instrumental in reaching out to the most vulnerable population
„ Focusing of W2A resources to build (and sustain) capacity
through community level intervention and outreach programme.
of SRH systems in each country through targeted support
This includes women and young people in conflict zones in
to MAs, national organizations, MOH and sub-national
Afghanistan; poor, marginalized, socially excluded and underserved
level departments and agencies, private sector facilities and
community and industrial sector workers in Sri Lanka; hard to reach
facilitating working between public and private sectors.
population in the most remote and isolated regions of Nepal only
reachable by foot.
Stichting Lobi (LOBI), an associate member in Suriname of an
umbrella organization known as the Caribbean Family Planning
Under the Niu Vaka Pacific strategy IPPF has adopted various
Affiliation Ltd (CFPA). Currently, the organization has three clinics
strategies to ensure value for money, maximize efficiencies, and
providing family planning, cervical & prostate cancer screening,
demonstrate the impact of initiatives. These include:
STI diagnosis and treatment, and comprehensive sexuality
education in schools. Insurance companies are a major payer of „ Pooled funding approach where Member Associations can
services and Association income. IPPF/ WHR worked with the MA prioritize allocation of funds against strategic priorities and
to assess receivable processes to identify the cause of delays in evidence-based need.
receipts. Following this the intake procedure was modified to use „ Integrated planning of initiatives between IPPF Niu Vaka Pacific
the OpenEMR clinic referral module to record “Inbound External” Strategy priorities and other funding support (e.g. UNFPA TA)
referral letter data. Missing or expired documentation was checked where appropriate, including matching support.
at the beginning of the visit rather than reviewed days later by „ Emphasize Member to Member capacity building within the
administration. The clinic system was modified to alert the cashier region where appropriate. RFHAF (Fiji MA) provided technical
if SZF – Reversed Copayment/Down Payment requests were not support to the Tuvalu MA for cervical cancer screening
listed on a referral form. A new OpenEMR clinic system report was and treatment.
developed to include the referring doctor ID, referral service code, „ Ensure investment in local staff across the Pacific.
and referral letter date in the format required by the insurance „ In-country rather than regional/ sub-regional training to
company. The results and benefits of this initiative included: SZF expand the availability of higher number of skilled teams
insurance reporting became more efficient; declarations/insurance at the country level.
reports got generated faster, saving four to five days of staff time; „ Capitalizing on both existing and new partnerships to harness
internal audit of final invoice report to insurer currently completed extra resources.
in 1.5 hours versus 4 hours previously; 80 per cent reduction in „ Improved focus on data collection and management to
claim rejection rate (from 30 to 6 per invoice submission); income enable evidence-based decision making for priority areas
loss per claim decreased 87 per cent (from US$51 to US$404). for investment; improved resource allocation, planning and
forecasting; as well as cost benefit analysis of initiatives.
Key examples of VfM under the GGR project in South Asia
Region include:
28 IPPF Financial Statements 2019 

Structure, governance and management

Governing document Reforms

IPPF was formed in 1952 and incorporated in 1977 under a UK Act In the extraordinary General Assembly meeting of all the MAs held
of Parliament: The International Planned Parenthood Federation Act in New Delhi in November 2019, more than 90 per cent of IPPF’s
1977. The Governing Council confirms that the Strategic Framework MAs reached a historic consensus on bold recommendations for
(as described on page 4) is in alignment with the purposes stated in transforming IPPF’s governance structures. The decisions taken
the Act. by the General Assembly are reproduced below.

A Member Association-led governance structure that is

Public benefit accountable to the membership and the people IPPF serves.
The Charity Commission guidance on public benefit has been
considered and the recommended self-assessment for the public The new governance structure removes intermediary layers
benefit principles undertaken. The Board of Trustees confirms that between MAs and global governance and will advance IPPF’s
the aims of the organization as stated in The International Planned mission through:
Parenthood Federation Act 1977 meet the charitable purposes as
outlined in the Charities Act 2011. Specifically, IPPF is engaged with General Assembly: The highest decision-making authority of the
purposes in relation to the “advancement of health or the saving of IPPF will be a General Assembly that has the mandate to review
lives” and the “advancement of human rights”. and approve IPPF’s strategic direction, appoint members of a
Nominations and Governance Committee (“NGC”), and confirm
IPPF’s mission is to improve sexual and reproductive health and the slate of candidates the NGC proposed to be on the Board of
rights for millions of women, men and young people around Trustees (“BOT”), among other responsibilities.
the world in its Strategic Framework. The Strategic Framework
demonstrates that IPPF is engaged in activities which have general Nomination and Governance Committee: Under IPPF’s new
public benefit in the 158 countries in which IPPF currently works regulations, the Nominations and Governance Committee has the
with its Member Associations or collaborative partners. IPPF works mandate to recruit and evaluate the performance of members of
through one Member Association in each of these countries the Board of Trustees and the Board committees. Reporting to the
but sometimes with collaborative partners as well. Member General Assembly, the NGC is a seven-person committee that has
Associations do not currently pay any fee to become or maintain majority MA members, at least half of whom must be women and
their membership of IPPF. Through monitoring global indicators at least 20 per cent of whom must be youth under 25.
IPPF assesses its ability to meet the needs of the poor, marginalized,
socially-excluded and/or under-served groups, ensuring that Board of Trustees: The current Governing Council was replaced
those in poverty have the opportunity to access the services in May 2020 with a 15-member, skills-based BOT that has
IPPF provides. nine MA volunteers and six external trustees and maintains
IPPF’s commitment to 20 per cent representation of youth,
50 per cent representation of women, geographical diversity,
Governance and representation of vulnerable or at-risk populations.
Until May 2020, IPPF was governed by a Governing Council,
composed of 18 volunteers from Member Associations (also known Board Committees: Four Standing Committees will support the
as the Trustees). In addition to the 18 Trustees, the IPPF Governing governance function of the BOT: Nominations and Governance;
Council had six external advisors, who were to act as subject Membership; Finance, Audit and Risk; Policy, Strategy and
matter experts and advise the Governing Council on IPPF policy. Investment; and Resource Allocation Technical Committee. Each of
These six external advisors did not have any voting rights in the these committees will have a majority of members from MAs, and
Governing Council. will include non-Trustee members.

In May 2020, the Governing Council was replaced by a Board Regional Forums and Regional Youth Forums: The current
of Trustees following the reforms described below. Regional Councils will be transformed into knowledge and learning
exchange platforms, called Regional Forums, that will be preceded
by Regional Youth Forums.
   IPPF Financial Statements 2019 29

IPPF/Tom Pilston/Nepal
30 IPPF Financial Statements 2019 

Adopted governance model

General Assembly = peak body Regional

Non-governing Regional Assemblies Assemblies & General Assembly
and Youth Forums Youth Forums

Governance by a Board of Trustees Nominations

Secretariat reports to Board of and Governance Board of Trustees Director General
Trustees through the Director General Committee

Resource
Policy, Strategy
Expert Committees advising Membership Finance, Audit and Allocation
and Investment
the Board of Trustees Committee Risk Committee and Technical
Committee
Committee

Selection of the Board of Trustees change; Acceleration of youth participation in public decision
making; and Civil service without fear or favour. Kate was United
To transition from the current Governance structure to the one Nations Deputy High Commissioner for Human Rights from
approved above, the Governing Council set up a Transition 2014 to 2019 and was Assistant Secretary General and Deputy
Committee. The Transition Committee was mandated to take Executive Director, United Nations Population Fund (UNFPA) from
the necessary steps to: 2012 to 2014. Before this, she was Executive Deputy Secretary
General at Amnesty International from 2000 to 2009. Amongst
„ Enable a smooth transition to a new governance structure,
the skills required for the Board of Trustees, Kate can point to
through the election of a new Board of Trustees at the
senior executive experience; safeguarding; and programme delivery
Governing Council meeting in May and the first meeting of the
experience. She is from Oceania, currently located in France
Board in July 2020;
(and the USA while at Harvard). She also has lived in Australia
„ Lay the foundation for developing a new resource allocation
for 40 years; the UK for 14 years; the USA for four years; and
formula and system based on the guidance given by the
Switzerland for four years.
General Assembly;
„ Ensure that MAs remain central to the change process and
Our Director General is Dr. Alvaro Bermejo. Alvaro has more than
participate in decision-making on how the reforms are
20 years’ experience as a senior executive in global federations,
monitored and evaluated.
working across HIV and AIDS, humanitarian issues and
health policy.
As part of the above mandate, the Transition Committee identified
the first slate of candidates for the 15 members of IPPF’s new Board
The Board of Trustees intends to meet three times a year. Meetings
of Trustees and seven members of the Nomination and Governance
may be held in person (no more than twice a year) or by suitable
Committee, which was approved by the Governing Council during
electronic means agreed by the Board in which all participants may
its meeting held on 15–16 May, 2020. The names of the incoming
communicate with all other participants. In addition, extraordinary
Board of Trustees and the Nomination and Governance Committee
meetings of the Board may be called by the Chair or by one third of
members are provided on page 72.
the Trustees.

Ms Kate Gilmore has been nominated as the interim Chairwoman

The Board of Trustees shall have power to hire, support, oversee
of the newly selected Board of Trustees. Kate has been a Fellow at
and evaluate annually the performance of the Director General.
the Carr Center for Human Rights Policy, Harvard Kennedy School
since February 2020. She is researching human rights concerns
including: The political economy of sexual and reproductive health
and rights; Organizational leadership in a world of “J curve”
   IPPF Financial Statements 2019 31

Statement of the Members of the Board of (Bangkok, Thailand and New Delhi, India), and Western Hemisphere
Trustees’ responsibilities in respect of the (New York, USA).
Board of Trustees’ Annual Report and the
Financial Statements In addition to this, Secretariat functions are also carried out in
Ethiopia (Africa Union Liaison Office), Fiji (Sub-Regional Office
The Board of Trustees is responsible for preparing the Board of
for the Pacific), Australia (Resource Mobilization Office), and
Trustees’ Annual Report and the financial statements in accordance
Bangkok, Thailand (Humanitarian Hub).
with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice),
The senior management, known as the Directors’ Leadership Team,
including FRS 102 “The Financial Reporting Standard applicable
comprises: the Director-General who is based in the Central Office,
in the UK and Republic of Ireland”. The law applicable to charities
London; six Regional Directors who report to the Director-General;
in England and Wales requires the Board of Trustees to prepare
and five Central Office Divisional Directors. Further details are on
financial statements for each financial year which give a true and
page 74.
fair view of the state of affairs of the charity and of the incoming
resources and application of resources of the charity for that
period. In preparing these financial statements, the Board of Remuneration
Trustees is required to:
IPPF remuneration is benchmarked against the UN median salaries
„ select suitable accounting policies and then apply for similar roles and benefits data for the not for profit sector from
them consistently; a leading benefits provider. Annual performance and salary reviews
„ observe the methods and principles in the Charities SORP; are conducted through IPPF’s Annual Performance Development.
„ make judgments and estimates that are reasonable As part of a regular process, it has been decided that a salaries
and prudent; and benefits study would be undertaken for all staff, including key
„ state whether applicable accounting standards have been management personnel in the next year, thereby benchmarking
followed; and salaries and benefits provided by IPPF across its secretariat in
„ prepare the financial statements on the going concern basis line with the market trends. The key management personnel are
unless it is inappropriate to presume that the charity will the Director’s leadership team (DLT), which includes the Director
continue in business. General of IPPF.

The Governing Council is responsible for keeping proper

accounting records that disclose with reasonable accuracy at
Risk management
any time the financial position of the charity and enable them While no system of internal control can provide absolute assurance
to ensure that the financial statements comply with the Charities against material misstatement or loss, the IPPF risk management
Act 2011, the Charity (Accounts and Reports) Regulations 2008 system has been developed to provide reasonable assurance to the
and the provisions of the trust deed. They are also responsible Board of Trustees that there are proper control procedures in place
for safeguarding the assets of the charity and hence for taking and that they are operating effectively.
reasonable steps for the prevention and detection of fraud and
other irregularities. The key elements of the system of internal control are:

„ Delegation: there is a clear organizational structure with

The Governing Council is responsible for the maintenance and
lines of authority and responsibility for control, together
integrity of the charity and financial information included on the
with procedures for reporting decisions, actions and issues;
charity’s website. Legislation in the United Kingdom governing
„ Reporting: the Board of Trustees approves and reviews the
the preparation and dissemination of financial statements may
annual programme budget and income predictions and
differ from legislation in other jurisdictions.
monitors actual and forecast income and expenditure on
a regular basis;
Organization „ Risk management: there are processes in place for identifying,
evaluating and managing significant risks faced by IPPF. A
IPPF has a Secretariat that carries out the policies and functions
consultative process across the senior staff in the Secretariat
as approved by the Governing Council. The Secretariat has its
identified the key risks under each of the Strategic Framework
headquarters in London and is divided into central and regional
Outcomes. These were reviewed by the Directors’ Leadership
operational units.
Team (DLT) and the significant risks identified. The DLT then
identified the mitigating strategies in place in order to arrive
There are six Regional Offices: Africa (Nairobi, Kenya), Arab World
at the final overall risk assessment. Two additional risks that
(Tunis, Tunisia), East and South East Asia and Oceania (ESEAO)
apply regardless of the strategic focus were also added: the
(Kuala Lumpur, Malaysia), Europe (Brussels, Belgium), South Asia
first relates to foreign currency movements and the second
32 IPPF Financial Statements 2019 

relates to safety and security risks. The register once approved a number of audits in 2019. As part of the rotation, IPPF’s
by the DLT was reviewed in detail by the Audit Committee and internal auditors for 2020 have been changed to RSM Risk
presented to the Board of Trustees for approval. Also identified Assurance Services LLP.
are actions required to manage that risk and the person who „ Review: the Finance and Audit Committee comprised four
will be responsible for undertaking this. These are reviewed members elected by the Governing Council who are volunteers
annually by the Audit Committee and the Board of Trustees, of member organizations but who are not members of the
who believe that all the major risks to which IPPF is exposed Governing Council or are individuals willing to volunteer their
have been identified and reviewed and systems have been services to IPPF, as well as the President and Treasurer. The
established to mitigate those risks; Committee oversees the adequacy of the system of internal
„ Internal audit: the internal audit function, which has been control, and ensures IPPF compliance with relevant statutory
outsourced to Crowe UK, assesses risks and reviews controls and other financial regulations.
within IPPF. Using a risk based approach the firm undertook

IPPF/Georgina Goodwin/Burundi
   IPPF Financial Statements 2019 33

Principal risks and mitigation strategies

Risk Mitigation Strategy

Lack of financial sustainability Three Year Financial Plan/ Global Income Generation Strategy (2019 onwards) has three
of our Federation due to broad priorities: income generated through resource mobilization efforts is matched to the
COVID‑19 and increasingly investment required; prioritization of expenditure and investment from reserves to deliver the
competitive funding strategy and provide the capacity for growth; and efficiency and effectiveness in relation to
environment overhead costs and structures.

Promotion of brand and values: We invest and market our continuing relevance and added
value in a competitive market dominated by a handful of highly successful competitors.

Evidence: Readily available information and evidence which is relevant to donors (technical
and political), and of high quality and adequate quantity enables us to respond to donor interests
and policies.

Price and cost structures: Clearly understanding our cost structures for greater efficiency and
effectiveness, will allow us to increase competitiveness and raise smart resources.

Investing in Enterprise wide system to allow us to better understand our cost structures and
ensure that we can effectively deliver increased levels of restricted funding in a cost-effective manner
across the Secretariat.

Developing and sustaining greater expertise and capacity to bid for successful new business.

Resource Allocation reforms – as approved by the Governing council in its meeting from
17–19 May 2019, work on strategic investment routes in strategic areas, thereby maximizing
the return on investment through better investment of existing core and restricted funding.

A highly organized opposition Countering opposition through better outreach, stronger relationships with decision-makers
to sexual reproductive health and advisors, and use of legal processes.
and rights
Ensuring strong links between our communications, campaigns and advocacy work.

Creation of three centres – Solutions 1 and 2 of the Secretariat Business Plan – to counter
opposition, support social movements and develop winning narratives. The decentralized model of
implementation will allow that the Federation is better prepared and has a more strategic external
profile on these three areas that will work in synergy and that we consider to be three indivisible
aspects of our advocacy work.

Exchange rate fluctuations General reserve maintained at levels adequate to protect the Federation from short-term exchange
rate movements. Access to financial products to provide protection from lower than budgeted
income receipts. Regular financial monitoring.

Inability to demonstrate Finalize IPPF’s Data Management Strategy.

performance, including
Solution 7 to be launched to identify innovative solutions and invest in data management systems
long term impact
and processes that support improved service delivery and timely access to high-quality data across
the Federation.

Consolidate an organizational commitment to a programme of impact evaluation.

Improve data analysis and visualization to support a culture of data-driven decision making.

Carry out the Midterm Review of IPPF’s Strategic Framework 2016–2022 in 2019.
34 IPPF Financial Statements 2019 

Risk Mitigation Strategy

Financial crime failures and Forensic audit to be undertaken at CO to identify systems weaknesses and put in place actions
significant frauds due to lack to strengthen financial systems.
of strong systems/capacities
Ensure adequate orientation/ training is provided at the operational level to strengthen the due
diligence capacity.

Build checks relating to financial crime in funding agreements and contracts and include
financial crime checks in the Financial Control Evaluation checklist to ensure stronger risk-based
audit function across all Member Associations.

Focal points already identified at every level across the Secretariat to strengthen financial
crime oversight.

Technology procured to strengthen due diligence process at the Secretariat for employees,
board members, vendors, consultants, partners, etc.

Financial Crime policy approved by Governing Council and procedural framework put in place
for due diligence, with a project team established across region.

Strong whistleblowing mechanisms already in place.

Strong & transparent follow up of all allegations/ complaints that come through the Safe Report
mechanism in the area of fraud.

Regular update on action taken to strengthen financial crime oversight across the Federation
to be shared with the Finance and Audit Committee of IPPF.

Higher risk of emergence of Implementation of the IPPF safeguarding framework. This includes a suite of relevant policies
safeguarding issues across the and procedures.
Federation, leading to greater
Implementation and roll out of IPPF SafeReport, an external reporting service.
reputational risk
A new safeguarding staffing structure.

Development of an organization-wide safeguarding culture where speaking up is the norm.

Identification of a Board Member lead for safeguarding on the Governing Council/ Board of Trustees.

Set up of an Independent Complaints Panel to process complaints about officers at the highest level
of the Federation.

Safeguarding as a standing agenda item on DLT, Board/GC meetings risk register.

Incident reporting as a standing agenda item at the Finance and Audit Committee.

Safeguarding learning platform, roll out of mandatory training.

Clarity of funder reporting requirements and regular communication with funders.

Regular review of policies, procedures and implementation of the learning and required changes.

Building on safeguarding checks/criteria in accreditation.

   IPPF Financial Statements 2019 35

IPPF incident management data The Modern Slavery Act (UK)

The data set below shows the number of incidents reported IPPF adopted a policy in relation to Forced Labour and Human
to our incident reporting service, IPPF SafeReport, which Trafficking in November 2016, which considered the requirements
was implemented throughout the Federation in March 2019. of the UK Modern Slavery Act along with other international laws
Twenty-two different types of incidents can be reported to the and guidance on this subject area. IPPF remains committed to
service. Fig 1 presents finance-related incidents reported in 2019. the eradication of modern slavery and will work to ensure that all
people have the right to protection from abuse and exploitation.
Fig 1: Finance related incident reports received from
1 January 2019 to 31 Dec 2019
Gender pay gap 5 April 2019
Incident type Total reports received (with comparison against 5 April 2018)
Corruption and bribery 1 Central Office London
Fraud 13
What is the gender pay gap?
Malpractice 12
Total 26 The gender pay gap is a measure that shows the difference in
average earnings between women and men. It is different from
Equal Pay which is about men and women carrying out comparable
IPPF has a zero tolerance policy on such issues. As part of its
jobs and which has been illegal in the UK for 45 years.
raising a concern policy, IPPF ensures maintenance of the highest
level of confidentiality to ensure that the whistle-blower(s) are not
Gender pay gap data
subjected to any form of victimization whatsoever.
The gender pay gap report snapshot as at 5 April 2019,
All these incidents have been raised from across IPPF including its 5 April 2018 and 5 April 2017 is as follows:
Member Associations. These matters are being actively pursued
and action taken, as necessary. IPPF ensures that all relevant donors 5 April 2019 5 April 2018 5 April 2017
are updated about these incidents and serious incidents, if any,
Difference in mean 10.95% 22.9% 22.8%
are reported to the Charities Commission.
pay as a percentage
Difference in median 8.58% 8.1% 11.6%
IPPF and safeguarding pay as a percentage
IPPF has continued to drive forward its commitment to
safeguarding, achieving a number of milestones:
The data above shows that the mean percentage pay gap has
„ Increased Safeguarding Resources IPPF appointed reduced by almost 12 per cent. There is however, a slight gender
a permanent Head of Safeguarding and two Regional pay gap increase to the median level of 0.48 per cent in 2019.
Safeguarding Advisers to lead the safeguarding function in The mean pay is worked out by adding the hourly rate of pay of
the Federation. The team undertake any investigations related women and men separately and dividing the result by the actual
to the abuse of vulnerable adults and children and provide number of women, and the actual number of men. The difference
effective incident management support. between the two provides the mean gender pay gap. This
„ Rollout of IPPF’s Safeguarding Framework: The calculation gives an overall indication of the gender pay gap, but
Safeguarding Framework was rolled out across the very large or small rates of pay can distort or dominate the answer.
Secretariat and parts of the Federation. Training was
provided to four Regional Offices and the Central Office, The median pay is worked out by listing all the hourly pay rates in
as well as a number of Regional Executive Committees and numerical order. The median will be the middle of these numbers.
Executive Directors of Member Associations. If even numbers are left, then the median will be the median of the
„ The Safeguarding Taskforce The Taskforce was successful in two central numbers. The median indicates the typical situation,
delivering its key actions and priorities. In December 2019, new i.e. the middle of the road, but the whole gender pay gap won’t
Terms of Reference and the workplan for 2020 were agreed. be picked up.
36 IPPF Financial Statements 2019 

IPPF/Isabel Corthier/Mozambique

IPPF and generally most other organizations tend to be more What we will do
interested in the median pay gap analysis, rather than the average
IPPF must do more to balance both female and male representation
pay gap, as it is a more representative figure and less influenced
at all levels to build upon its values of Equality, Diversity
by a small number of extremely high earners.
and Inclusion.

Why is there a gender pay gap? „ Measures are being put in place to eradicate the gender
pay gap.
The gender pay gap at IPPF is lower than the national average
„ Through our people strategy we have committed to delivering
gender pay gap of 17.9 per cent as reported by the Office of
Leadership and Management Development Programmes
National Statistics (ONS) in 2019. In IPPF London CO the gap stems
in which we will train and develop our managers to be the
from the larger representation of men in higher salaried roles, and
best leaders and managers they can. We will enable talent to
over representation of women in the lower salaried roles.
flourish so that there is more opportunity for senior progression
especially through our lower quartile.
   IPPF Financial Statements 2019 37

Thanks

„ We will continue to attract more diverse applicants by IPPF thanks all its donors for their continuing and generous
highlighting our ethos on equality, diversity and inclusion in support. It also wishes to acknowledge the immense ongoing
all our recruitment practices. contribution it receives from its volunteers, in terms of the time,
„ We will develop an approach to equality, diversity and inclusion hard work, and personal commitment. Volunteers provide a huge
across the Secretariat. range of help to the organization from assisting in clinics, sitting
„ We will look at rolling out training on diversity and unconscious as Board members, acting as peer educators, meeting donors
bias i.e. when people favour others who look like them and/or etc. Without this volunteer commitment IPPF could not achieve
share their values, to develop our managers and leaders. its mission or be the strong voice it currently is within the field
of sexual and reproductive health and rights.

Working with non charities Approved on behalf of the Board of Trustees on 24 July 2020.
When considering or developing new external partnerships
or reviewing existing partnerships, the following steps should
be taken:

„ Research potential partners including consideration of any

conflict of interest.
Kate Gilmore Bience Gawanas
„ Assess risk involved, potential value and the ability of IPPF to
Interim Chair Treasurer
deliver including the resource impact and all costs and benefits
involved in the partnership.
„ Consult and involve stakeholders.
„ Develop jointly a partnership structure, aims and objectives,
accountability including roles and responsibilities, processes,
reporting arrangements and an exit strategy.
„ Determine who will be responsible for developing and
embedding the partnership/relationship in each organization.
„ Set up a steering group where appropriate with named
operational contacts on both sides that hold the relationship.
„ Agree in writing clear and robust partnership arrangements
ensuring that transparency and accountability are
maintained. Monitor, evaluate and review the partnership
at pre-agreed points.
„ Share experiences and good practice with a conscious effort to
engage and involve at all levels in order to encourage learning.
„ Promote successes within and outside of the Federation.

Disclosure of information to auditor

The Board of Trustees who held office at the date this report
was approved, confirm that, so far as they are each aware, there
is no relevant audit information of which the charity’s auditor is
unaware; and each member of the Board of Trustees has taken all
steps that they ought to have taken to make themselves aware of
any relevant audit information and to establish that the charity’s
auditor is aware of that information.
38 IPPF Financial Statements 2019 

Independent auditor’s report to the members of the Board

of Trustees of International Planned Parenthood Federation
(IPPF)
Report on the audit of the Conclusions relating to going concern
financial statements We are required by ISAs (UK) to report in respect of the following
matters where:
Opinion „ the trustees’ use of the going concern basis of accounting in
In our opinion the financial statements of International Planned preparation of the financial statements is not appropriate; or
Parenthood Federation (the ‘charity’) and its subsidiaries „ the trustees have not disclosed in the financial statements any
(the ‘group’): identified material uncertainties that may cast significant doubt
about the group’s and the parent charity’s ability to continue
„ give a true and fair view of the state of the group’s and the
to adopt the going concern basis of accounting for a period
parent charity’s affairs as at 31 December 2019 and of the
of at least twelve months from the date when the financial
group’s incoming resources and application of resources for
statements are authorised for issue.
the year then ended;
„ have been properly prepared in accordance with United
We have nothing to report in respect of these matters.
Kingdom Generally Accepted Accounting Practice, including
Financial Reporting Standard 102 “The Financial Reporting
Standard applicable in the UK and Republic of Ireland”; and Other information
„ have been prepared in accordance with the Charities Act 2011.
The trustees are responsible for the other information. The other
information comprises the information included in the annual
We have audited the financial statements which comprise:
report, other than the financial statements and our auditor’s report
„ the group and charity statement of financial activities; thereon. Our opinion on the financial statements does not cover
„ the group and charity balance sheets; the other information and we do not express any form of assurance
„ the consolidated cash flow statement; and conclusion thereon.
„ the related notes 1 to 21.
In connection with our audit of the financial statements, our
The financial reporting framework that has been applied responsibility is to read the other information and, in doing so,
in their preparation is applicable law and United Kingdom consider whether the other information is materially inconsistent
Accounting Standards, including Financial Reporting Standard with the financial statements or our knowledge obtained in
102 “The Financial Reporting Standard applicable in the UK the audit or otherwise appears to be materially misstated.
and Republic of Ireland” (United Kingdom Generally Accepted If we identify such material inconsistencies or apparent material
Accounting Practice). misstatements, we are required to determine whether there is
a material misstatement in the financial statements or a material
misstatement of the other information. If, based on the work we
Basis for opinion have performed, we conclude that there is a material misstatement
We conducted our audit in accordance with International Standards of this other information, we are required to report that fact.
on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities
under those standards are further described in the auditor’s We have nothing to report in respect of these matters.
responsibilities for the audit of the financial statements section
of our report.

We are independent of the group and of the parent charity in

accordance with the ethical requirements that are relevant to our
audit of the financial statements in the UK, including the Financial
Reporting Council’s (the ‘FRC’s’) Ethical Standard, and we have
fulfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
   IPPF Financial Statements 2019 39

Responsibilities of trustees Report on other legal and regulatory requirements

As explained more fully in the trustees’ responsibilities statement, Matters on which we are required to report by exception
the trustees are responsible for the preparation of the financial
Under the Charities (Accounts and Reports) Regulations 2008
statements and for being satisfied that they give a true and fair
we are required to report in respect of the following matters if,
view, and for such internal control as the trustees determine is
in our opinion:
necessary to enable the preparation of financial statements that are
free from material misstatement, whether due to fraud or error. „ the information given in the financial statements is inconsistent
in any material respect with the trustees’ report; or
In preparing the financial statements, the trustees are responsible „ sufficient accounting records have not been kept by the parent
for assessing the group’s and the parent charity’s ability to charity; or
continue as a going concern, disclosing, as applicable, matters „ the parent charity financial statements are not in agreement
related to going concern and using the going concern basis of with the accounting records and returns; or
accounting unless the trustees either intend to liquidate the group „ we have not received all the information and explanations
or the parent charity or to cease operations, or have no realistic we require for our audit.
alternative but to do so.
We have nothing to report in respect of these matters.

Auditor’s responsibilities for the audit of the

financial statements Use of our report
We have been appointed as auditor under section 144 of the This report is made solely to the charity’s trustees, as a body, in
Charities Act 2011 and report in accordance with the Act and accordance with Part 4 of the Charities (Accounts and Reports)
relevant regulations made or having effect thereunder. Regulations 2008. Our audit work has been undertaken so that
we might state to the charity’s trustees those matters we are
Our objectives are to obtain reasonable assurance about whether required to state to them in an auditor’s report and for no other
the financial statements as a whole are free from material purpose. To the fullest extent permitted by law, we do not accept
misstatement, whether due to fraud or error, and to issue an or assume responsibility to anyone other than the charity and the
auditor’s report that includes our opinion. Reasonable assurance charity’s trustees as a body, for our audit work, for this report,
is a high level of assurance, but is not a guarantee that an audit or for the opinions we have formed.
conducted in accordance with ISAs (UK) will always detect a
material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or
in the aggregate, they could reasonably be expected to influence Deloitte LLP
the economic decisions of users taken on the basis of these Statutory Auditor
financial statements. London, United Kingdom

A further description of our responsibilities for the audit of 24 July 2020

the financial statements is located on the FRC’s website at:
www.frc.org.uk/auditorsresponsibilities. This description forms Deloitte LLP is eligible for appointment as auditor for the charity by
part of our auditor’s report. virtue of its eligibility for appointment as audit of a company under
section 1212 of the Companies Act 2006.
40 IPPF Financial Statements 2019 

Statement of financial activities

for the year ended 31 December 2019
Charity
2019 2018
Unrestricted Restricted Endowment Total Unrestricted Restricted Endowment Total
Notes US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000

Income from:
Donations and legacies
Grants from governments 57,370 81,023 – 138,393 55,126 34,517 – 89,643
Grants from multilaterals 47 387 – 434 74 1,861 – 1,935
Grants from IPPF Worldwide Inc 1,105 12,406 – 13,511 3,346 10,847 – 14,193
Donations and legacies from others 112 – – 112 387 – – 387
Other trading activities 39 – – 39 130 – – 130
Income from investments (50) 282 – 232 62 143 – 205
Other income 1 – – 1 3 – – 3
Total income and endowments 58,624 94,098 – 152,722 59,128 47,368 – 106,496

Expenditure on:
Raising funds
Central fundraising 7 1,109 3,099 – 4,208 3,346 569 – 3,915
Regional fundraising – – – – – – – –
Cost of sales (281) (1) – (282) 132 – – 132
Investment management costs – 5 – 5 – 5 – 5
Charitable activities
Grants to Member Associations 5 37,648 66,358 – 104,006 41,460 23,225 – 64,685
& Partners
Central expenditure 7 7,405 14,822 – 22,227 12,744 6,963 – 19,707
Regional expenditure 5,472 2,144 – 7,616 6,257 2,064 – 8,321
Regional office grants 7,871 4,114 – 11,985 10,983 2,631 – 13,614
Pension finance charge 265 – – 265 411 – – 411
Total expenditure 59,489 90,541 – 150,030 75,333 35,457 – 110,790

Net operating (expenditure) / income (865) 3,557 – 2,692 (16,205) 11,911 – (4,294)
before investment (losses) / gains
Gains / (losses) on investment assets 142 (37) 175 280 (73) 37 (244) (280)
(Decrease) / increase in subsidiary (7,960) (601) – (8,561) (835) 2,298 – 1,463
investment values
Net (expenditure) / income (8,683) 2,919 175 (5,588) (17,113) 14,246 (244) (3,111)
Other recognized gains / (losses)
Actuarial (loss) / gain on defined (1,674) – – (1,674) 3,087 – – 3,087
benefit pension scheme
Foreign exchange movements (395) – – (395) 756 – – 756
on pension liability
Unrealized foreign exchange 3,296 – 1 3,297 (1,421) – – (1,421)
gain / (loss) taken to reserves
Net movement in funds (7,456) 2,919 176 (4,360) (14,691) 14,246 (244) (689)
Reconciliation of funds
Total funds brought forward 48,588 26,190 1,098 75,876 63,279 11,944 1,342 76,565
at 1 January
Transfer of funds from other regions 8,406 (85) – 8,321 – – – –
Net movement in funds for the year (7,456) 2,919 176 (4,360) (14,691) 14,246 (244) (689)
Total funds carried forward 49,539 29,024 1,274 79,837 48,588 26,190 1,098 75,876
at 31 December

There are no recognized gains and losses other than those included above. All the above results arise from continuing operations.
The notes on pages 45 to 69 form part of these financial statements.
   IPPF Financial Statements 2019 41

Statement of financial activities

for the year ended 31 December 2019
Group
2019 2018
Unrestricted Restricted Endowment Total Unrestricted Restricted Endowment Total
Notes US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Income from:
Donations and legacies
Grants from governments 2 57,370 87,011 – 144,381 55,126 35,172 – 90,298
Grants from multilaterals and 3 1,361 16,692 – 18,053 1,859 18,806 – 20,665
other sources
Other trading activities 70 – – 70 130 – – 130
Income from investments 4 241 282 – 523 513 143 – 656
Other Income 699 – – 699 175 – – 175
Total income and endowments 59,741 103,985 – 163,726 57,803 54,121 – 111,924

Expenditure on:
Raising funds
Central fundraising 7 1,109 3,099 – 4,208 3,346 569 – 3,915
Regional fundraising 6 37 – – 37 – – – –
Cost of sales (281) (1) – (282) 132 – – 132
Investment management costs 7 5 – 12 – 5 – 5
Charitable activities –
Grants to Member Associations 5 37,748 71,684 – 109,432 41,994 25,213 – 67,207
& Partners
Central expenditure 7 7,405 14,822 – 22,227 12,803 6,964 – 19,767
Regional expenditure 6 13,894 11,601 – 25,495 16,117 7,007 – 23,124
Pension finance charge 265 – – 265 411 – – 411
Total expenditure 60,184 101,211 – 161,395 74,803 39,758 – 114,561

Net operating (expenditure) / income (443) 2,774 – 2,331 (17,000) 14,363 – (2,637)
before investment (losses) / gains
Gains / (losses) on investment assets 105 – 175 280 (73) – (207) (280)
Net (expenditure) / income (338) 2,774 175 2,611 (17,073) 14,363 (207) (2,917)
Transfer between funds (60) 60 – – 34 3 (37) –
Other recognized gains / (losses)
Actuarial (loss) / gain on defined (1,674) – – (1,674) 3,087 – – 3,087
benefit pension scheme
Foreign exchange loss (395) – – (395) 756 – – 756
on pension liability
Unrealized foreign exchange 3,418 – 1 3,419 (1,495) (120) – (1,615)
gain / (loss) taken to reserves
Net movement in funds 951 2,834 176 3,961 (14,691) 14,246 (244) (689)
Reconciliation of funds
Total funds brought forward 48,588 26,190 1,098 75,876 63,279 11,944 1,342 76,565
at 1 January
Net movement in funds for the year 951 2,834 176 3,961 (14,691) 14,246 (244) (689)
Total funds carried forward 49,539 29,024 1,274 79,837 48,588 26,190 1,098 75,876
at 31 December

There are no recognized gains and losses other than those included above. All the above results arise from continuing operations.
The notes on pages 45 to 69 form part of these financial statements.
42 IPPF Financial Statements 2019 

Balance sheets
Balance sheets as at 31 December 2019
2019 2018 2019 2018
Total Total Total Total
Notes US$’000 US$’000 US$’000 US$’000
Charity Charity Group Group
Fixed assets
Tangible assets 9 17,556 17,298 20,204 19,792
Investments 10 23,091 31,311 2,847 2,505
Long term loans 11 105 20 207 20
Total fixed assets 40,752 48,629 23,258 22,317
Current assets
Stock 195 296 195 296
Debtors 12 18,272 6,257 22,471 7,810
Cash at bank and in hand 50,677 47,320 70,853 70,124
Total current assets 69,144 53,872 93,519 78,230
Creditors: amounts falling due within one year 13 (19,417) (16,653) (25,475) (13,992)
Total current liabilities (19,417) (16,653) (25,475) (13,992)
Net current assets 49,727 37,220 68,045 64,238
Total assets less current liabilities 90,480 85,849 91,303 86,555
Provisions for liabilities 14 (19) – (842) (706)
Net assets excluding pension liability 90,461 85,849 90,461 85,849
Defined benefit pension scheme liability 19 (10,624) (9,973) (10,624) (9,973)
Total net assets including pension liability 79,837 75,876 79,837 75,876

Represented by:
Unrestricted 15
General 16,873 14,363 16,873 14,363
Designated 31,168 32,076 31,168 32,076
Revaluation Reserve 12,122 12,122 12,122 12,122
Restricted 29,024 26,190 29,024 26,190
Endowment 1,274 1,098 1,274 1,098
Total funds and reserves excluding pension liability 90,461 85,849 90,461 85,849
Pension liability 19 (10,624) (9,973) (10,624) (9,973)
Total funds and reserves including pension liability 79,837 75,876 79,837 75,876

Approved on behalf of the Board of Trustees on 24 July 2020. The notes on pages 45 to 69 form part of these financial statements.

Kate Gilmore Bience Gawanas

Interim Chair Treasurer
   IPPF Financial Statements 2019 43

Consolidated cash flow statement

Statement of cash flows for the year ended 31 December 2019
2019 2018
Notes US$’000 US$’000
Net cash provided by / (used in) operating activities A 772 (2,014)

Cash flows from investing activities:

Interest received and similar income 523 515
Purchase of tangible assets (379) (285)
Purchase of marketable securities (350) (48)
Sale of marketable securities 350 41
Net cash flows (used in) / provided by investing activities 144 223

Cash flows from financing activities:

Long term loan repayments – 40
Release of endowment (187) –
Net cash flows (used in) / provided by financing activities (187) 40
Increase / (decrease) in cash B 729 (1,751)

Note A: Reconciliation of net income / (expenditure) to net cash inflow / (outflow) from operating activities

2019 2018
US$’000 US$’000
Net operating income / (expenditure)
Net incoming / (outgoing) resources 2,331 (2,637)
Interest receivable and similar income (523) (515)
Depreciation 508 523
Exchange movements on tangible assets (540) 931
Exchange movement on investments (105) (280)
Actuarial loss on pension scheme (1,023) (2,033)
Loss / (gain) on disposal of fixed assets – 113
Movements in working capital:
Decrease in stock 101 265
(Increase) in debtors (14,661) (3,661)
Increase in creditors 11,483 5,698
Increase in provisions 136 35
Unrealized exchange movement 3,066 (454)
Net cash provided by / (used in) operating activities 772 (2,014)
44 IPPF Financial Statements 2019 

Note B: Reconciliation of net cash flow to movements in net debt

2019 2018
US$’000 US$’000
Increase / (decrease) in cash in the year 729 (1,751)
Movement on foreign exchange – (144)
Change in cash for the year 729 (1,895)
Net cash at 1 January 70,124 72,019
Net cash at 31 December 70,853 70,124

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 2019 45

Notes to the Financial Statements

1 Accounting policies Subsidiaries
IPPF Worldwide Inc. is a separately registered not-for-profit
Basis of accounting organization. This is established for the purpose of receiving
funding from organizations based in the United States of America.
These financial statements have been prepared under the historical
The Directors of the company are Central Office Divisional
cost convention with items recognized at cost or transaction values
Directors. Their results are included with those of the group.
unless otherwise stated in the relevant notes to these accounts.
The financial statements are prepared under the historical cost
IPPF Africa Region (Nairobi, Kenya) and IPPF Europe Network are
convention, in accordance with the Statement of Recommended
separate legal entities in Nairobi, Kenya and Brussels, Belgium
Practice “Accounting and Reporting by Charities (SORP 2015)”
respectively. As subsidiaries they use the name of the charity to
applicable to charities preparing their accounts in accordance with
raise funds exclusively for the IPPF and / or its local activities. They
the Financial Reporting Standard applicable in the UK and Republic
represent themselves publicly as the charity’s local representative.
of Ireland (FRS 102), effective 1 January 2016 and the Charities
Their results have been consolidated on a line-by-line basis in the
Act 2011. IPPF meets the definition of a public benefit entity under
statement of financial activities (“SOFA”) and balance sheet.
FRS 102. The Charity meets the definition of a qualifying entity
under FRS 102 and has therefore taken advantage of the disclosure
IPPF has a dormant trading subsidiary, International Contraceptive
exemption available to it in respect of its separate financial
and SRH Marketing Limited (trading as ICON). Up until
statements in relation to presentation of a cash flow statement.
31 August 2013 this engaged in commodity supply services
and social marketing of contraceptives in conjunction with
Going concern Member Associations.

The trustees assess whether the use of going concern is

Autonomous business unit
appropriate i.e. whether there are any material uncertainties
related to events or conditions that may cast significant doubt on The IPPF Western Hemisphere Region Inc (New York, USA) is a
the ability of the charity to continue as a going concern, including separate company incorporated in the State of New York, USA,
the impact of COVID‑19. The trustees make this assessment in as a membership corporation with not-for-profit status. As an
respect of a period of at least one year from the date of approval autonomous business unit within the group structure, its results
of the financial statements. In making this assessment, the are aggregated on the basis that its members are also members
trustees have considered the impact of COVID‑19 and the impact of IPPF and are in a regional office pursuing the same objectives
it may have on its unrestricted income and reserves, including the and policies as the rest of IPPF. The IPPF WHR Fund is a separate
factors described on pages 8–10 of these financial statements. By entity used for investing significant bequests, and those results
reaching out to major donors, the management team has secured are aggregated.
early payment of some of its grant income as well as additional
contributions. This has allowed IPPF to accelerate the distribution
of core funds to its Member Associations to assist them with
Income
responding to the impact of COVID‑19 on their operations. IPPF Income is recognized when the Group and Charity has entitlement
has also renegotiated terms with a significant unrestricted donor to the funds, any performance conditions attached to the item(s)
resulting in a six month waiver for its delivery commitments, of income have been met, it is probable that the income will be
ensuring that funding will continue to be provided against its received and the amount measured reliably. See also the separate
projected results. deferred income policy.

The members of the Board of Trustees have reviewed IPPF’s Deferred income
financial position including its recent annual deficits, its level of net
Deferred income comprises amounts received in the period which
assets and its future cashflow forecasts which take into account the
the donor has given for use in future accounting periods and there
impact of future activities, and believe it is appropriate to continue
is no entitlement to the funds at the year end.
to produce the financial statements on a going concern basis.

Commercial trading activities

Basis of preparation Income from commercial trading activities is included in the period
IPPF exists as an entity incorporated in the UK under the in which it is earned.
provisions of the IPPF Act (“the charity”). Its registered address
is at 4 Newhams Row, London, SE1 3UZ United Kingdom and its Donations and grants
activities are undertaken through a Secretariat of which there is
Grants from governments and other agencies have been included
a Central Office.
as donations as these relate to core funding or are provided for a
general purpose rather than being service agreements. These are
IPPF Arab World Region, East and South East Asia and Oceania
included in income when these are receivable, except as follows:
Region and South Asia Region are not separate legal entities and
their results are included in those of the charity. IPPF (Bangkok Hub) „ When donors specify that donations and grants given to the
was established in 2016 and its results are also included with those charity must be used in future accounting periods, the income
of the charity. is deferred until those periods.
46 IPPF Financial Statements 2019 

„ When donors impose conditions which must be fulfilled before Member Associations as well as being an expert in a technical area
the charity becomes entitled to use such income, the income is e.g. HIV/AIDS, Advocacy and Accreditation. Central Office staff
deferred and not included in income until the conditions for use generally provide technical support to Regional Office staff and
have been met. indirectly to Member Associations.
„ Assets given for distribution are recognized as income for the
year only when received. Support costs represent expenses on activities that are not
directly attributable to programme activities and include general
Legacies management, finance, office facilities, human resources and
information technology and governance. Support costs are
Legacies are recognized when the following three conditions are
allocated to programme activities based on staff costs.
met a) the charity is entitled to control the legacy resource and
determine its future application, b) receipt is probable and c) the
Where IPPF acts as an agent for another party upon specific
resource can be measured monetarily with sufficient accuracy.
projects, all costs and overheads recovered are netted off against
those costs. Where overheads on IPPF’s own projects are recovered
Investment income and interest
by way of donations and grants, these and their related costs are
Investment income in the form of dividends together with interest not netted off but are shown separately.
and rental income from the investment property is included when
receivable by the charity.
Taxation
IPPF is a registered charity and has no liability to corporation tax
Donations in kind on its charitable activities under the Corporation Tax Act 2010
Donations in kind are included in donations and similar income (chapters 2 and 3 of part ii, section 466 onwards) or Section 256 of
where the amounts are material at their market value. Commodities the Taxation for Chargeable Gains Act 1992, to the extent surpluses
donated to IPPF for distribution to Member Associations are are applied to its charitable purposes.
recognized at their market value as income to the extent that they
have been received in the year.
Tangible fixed assets
IPPF wishes to acknowledge the immense on-going contribution All assets costing more than US$5,000 are capitalized. Tangible
it receives from its volunteers, in terms of the time, hard work, and fixed assets are stated at cost, net of depreciation and any
personal commitment given to IPPF and its objectives. IPPF does provision for impairment. All assets are depreciated in line with
not believe it is possible, or desirable, to place a monetary value on their expected useful lives using the straight-line method at the
this contribution, and subsequently does not recognize volunteer following rates:
time as income in the Financial Statements. IPPF does not believe
there is a concise, workable, or accurate method of quantifying this Freehold Land no depreciation
contribution, or establishing how this contribution is expressed in
Freehold buildings 2 – 5%
financial terms.
Office furniture 10%
Office equipment 20%
Expenditure and basis of allocation of costs Computer hardware 33%
Grants payable to Member Associations of cash and commodities Vehicles 33%
(being contraceptives and related goods) represent direct aid Freehold improvements 10%
to affiliated and non-affiliated organizations. These grants are
Leasehold improvements Period of lease
given on an annual basis. Amounts not yet given at the year-end
relating to commodities are accrued as liabilities, on the basis
Any realized gains or losses on disposals of fixed assets are taken to
that a commitment exists to supply these remaining commodities
the Statement of Financial Activities in the year in which they occur.
or cash grants.

Expenditure other than grants is classified between regional Cash at bank and in hand
and central activities. Regional activities are those carried out by
Cash at bank and cash in hand includes cash and short term
the regional offices serving local Member Associations. Central
highly liquid investments with a short maturity of three months
activities are exclusively, those of the Central Office, which serves
or less from the date of acquisition or opening of the deposit
IPPF as a whole.
or similar account.
Costs of generating voluntary income comprise the costs incurred
in commercial trading activities and fundraising. Fundraising costs Investments
include all direct costs including personnel costs, publicity material
Investments are valued at fair value at the balance sheet date.
and direct mailing material.
All gains and losses are taken to the Statement of Financial
Activities as they arise and allocated to funds in line with the
Programme activities represent expenses directly attributable to
amounts held.
the issuing or monitoring of grants to Member Associations as
well as providing technical assistance to allow the grant recipients
Investment properties are included within fixed assets, valued at
to implement programmes effectively. At the regional offices most
fair value, and not depreciated. Full valuations are made every
staff will be involved as focal points for a selected number of
five years by a qualified external valuer, and in each other year
   IPPF Financial Statements 2019 47

there is a management assessment of fair value. Fair value of the The charity uses derivative financial investments to reduce its
investment property is considered to be the open market value. exposure to foreign exchange risk. In line with the charity’s risk
Any material increase or decrease in value is reflected in the management policies, the charity does not enter in to speculative
Statement of Financial Activities. derivative contracts. Derivatives are initially recognized at fair
value at the date a derivative contract is entered into and are
subsequently re-measured to their fair value at the date a derivative
Stock of goods contract entered into and are subsequently re-measured to their
Purchased stock is valued at the lower of cost and net fair value at each reporting date. The resulting gain or loss is
realizable value and consists of contraceptives and related recognized in the Statement of Financial Activities.
medical equipment.
Trade and other debtors are recognized at the settlement amount
Donated items of stock are recognized at fair value which is the due after any discount offered and net of the bad debt provision.
amount the charity would have been willing to pay for the items prepayments are valued at the amount prepaid net of any trade
on the open market. discounts due. Creditors and provisions are recognized where the
charity has a present obligation resulting from a past event that
will probably result in the transfer of funds to a third party and the
Foreign currency amount due to settle the obligation can be measured or estimated
Transactions in foreign currencies are recorded using the rate of reliably. Creditors and provisions are normally recognized at their
exchange ruling at the date of the transaction to translate into the settlement amount after allowing for any trade discounts due.
base currency of each component. Monetary assets and liabilities
denominated in foreign currencies are translated using the rate of
exchange ruling at the balance sheet date to translate into the base
Pension contributions
currency, and the gains and losses on translation are included in the IPPF contributes to both a closed defined benefit scheme and a
statement of financial activities. number of defined contribution pension schemes (see note 19).

The results are translated, where required, into the presentational Defined contribution scheme costs are charged to the Statement
currency of US Dollars at the average rate of exchange during of Financial Activities as they are incurred.
the year for the statement of financial activities, and the year end
rate for the assets and liabilities. Gains and losses arising on these IPPF makes contributions to the Central Office defined benefit
translations are taken to the General Reserve. pension scheme (closed to new members from 1 September 2003
and current members from 1 September 2007) based on the
advice from triennial actuarial valuations. Any material deficiencies
Leased assets or surpluses that arise are dealt with by changes to the level of
Rentals under operating leases are charged on a straight-line basis contributions. In accordance with FRS 102, the Statement of
over the lease term, even if the payments are not made on such Financial Activities includes: the cost of benefits accruing during
a basis. Benefits received and receivable as an incentive to sign an the year in respect of current and past service (charged against
operating lease are similarly spread on a straight-line basis over net expenditure); the expected return on the scheme’s assets and
the lease term. the increase in the present value of the scheme’s liabilities arising
from the passage of time (shown as pensions finance charge);
actuarial gain recognized in the pension scheme (shown within net
Provisions movement of funds). The balance sheet includes the deficit in the
Provision is made, where material, for the present value of future scheme taking assets at their year-end market value and liabilities
liabilities and losses which have occurred during the financial year at their actuarially calculated values.
and identified up to the date on which the financial statements
are approved by Board of Trustees. The recognition of a provision
is in accordance with FRS 102. The charge for a provision is made
Critical accounting judgements and key sources
against the expenditure to which it relates.
of estimation uncertainty
In the application of IPPF’s accounting policies, management is
required to make judgements, estimates and assumptions about
Contingent liabilities the carrying amounts of assets and liabilities that are not readily
Contingent liabilities are disclosed in accordance with FRS 102. apparent from other sources. The estimates and associated
No recognition is made in the Statement of Financial Activities. assumptions are based on historical experience and other factors
Where it becomes probable that there will be a future outflow of that are considered to be relevant. Actual results may differ from
resources the liability will cease to be contingent and is accrued those estimates and the estimates and underlying assumptions
in the financial statements. Full details on each contingent liability are continually reviewed.
are disclosed in note 18.

Key estimates
Financial instruments and financial liabilities Pensions: Estimates of the net liability to pay pensions depends
Basic financial instruments are initially recognized at transaction on a number of complex judgements relating to the discount
value and subsequently measured at their settlement value. rate used, the rate of which salaries are projected to increase,
changes in retirement ages, mortality rates and expected returns
on pension funds’ assets. A firm of consulting actuaries is engaged
48 IPPF Financial Statements 2019 

to provide IPPF with expert advice reporting the assumptions to „ Pension Reserve – in accordance with FRS 102, the liability
be applied. During the year the liability moved from US$9.9 million attributed to the Central Office Defined Benefit Scheme is
to US$10.6 million as a result of assumptions being updated, shown as a separate fund. As the scheme is currently in deficit
differences in actual experiences against expectation, and this is a negative reserve;
exchange rate movements. Further details are in note 19. „ Designated – where the funds are unrestricted, but where the
Board of Trustees have designated them for a specific purpose;
There are no other critical estimates or judgements. and
„ Unrestricted – where the funds are not restricted as to use but
may be applied for any purpose within the charity’s objects.
Funds
IPPF maintains five types of fund: Transfers between funds are made where the donor restrictions
allow with appropriate disclosure in note 15. Other recognized
„ Expendable Endowment – where the capital is held in perpetuity
gains and losses are allocated to funds in line with the restrictions
to generate income to further the charitable objects of IPPF;
on the funds which generated the gain/loss.
„ Restricted – where the purposes for which the funds can be
used have been restricted by donors or the terms of an appeal;

2 Grants from governments

2019 2018 2019 2018
Group Local currency (LC) LC’000 LC’000 US$’000 US$’000
Unrestricted
Australia Australian Dollar 3,600 3,600 2,412 2,790
China US Dollar 431 400 431 400
Denmark Danish Krone 50,000 50,000 7,292 8,065
Finland Euro 1,350 1,500 1,484 1,800
Germany Euro 12,000 6,000 13,487 7,200
Japan US Dollar 5,857 5,858 5,857 5,858
South Korea US Dollar 74 79 74 79
Malaysia US Dollar – 15 – 15
Netherlands Euro 3,600 3,600 4,048 4,319
New Zealand New Zealand Dollar – 2,500 – 1,793
New Zealand US Dollar 1,706 – 1,706 –
Norway Norwegian Krone 60,000 60,000 6,805 7,340
Sweden Swedish Krona 110,000 110,000 11,738 13,427
Switzerland Swiss Franc 2,000 2,000 2,035 2,023
Thailand US Dollar 2 – 2 –
Other US Dollar – 17 – 17
Unrestricted 57,370 55,126

Restricted
Australia Australian Dollar 5,121 5,163 3,532 3,842
Belgium Euro 2,078 3,321 2,287 3,993
Canada Canadian Dollar 5,800 4,212 4,323 3,315
China US Dollar 369 400 369 400
Denmark Danish Krone 14,000 500 2,088 78
Germany Euro 1,158 400 1,310 479
Japan US Dollar 315 2,000 315 2,000
Netherlands Euro 1,416 1,273 1,607 1,542
Netherlands US Dollar 1,142 1,815 1,142 1,815
New Zealand New Zealand Dollar 707 – 489 –
New Zealand US Dollar 308 12 308 12
Norway Norwegian Krone 20,150 18,000 2,283 2,133
Norway US Dollar (70) – (70) –
Sweden Swedish Krona 5,040 933 523 105
Switzerland Swiss Franc 990 75 992 75
   IPPF Financial Statements 2019 49

2019 2018 2019 2018

Group Local currency (LC) LC’000 LC’000 US$’000 US$’000
United Kingdom British pound 46,616 6,542 59,323 8,342
USAID US Dollar 202 7,253 202 7,041
Canada US Dollar 1,241 – 1,241 –
European Commission US Dollar 4,597 – 4,597 –
France US Dollar 149 – 149 –
Restricted 87,011 35,172

Total restricted and unrestricted grants from governments 144,381 90,298

3 Income from multilaterals and other sources

2019 2018
Unrestricted Restricted Total Unrestricted Restricted Total
Name of donor US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
For disclosure
Bill & Melinda Gates Foundation – 3,194 3,194 – 3,165 3,165
Children’s Investment Fund Foundation – 250 250 – 250 250
Danish Family Planning Association 2 206 208 – 212 212
European Commission – (432) (432) – – –
Deutsche Gesellschaft für Internationale – 187 187 – 801 801
Zusammenarbeit (GIZ)
The Global Fund – 127 127 – 178 178
Open Society Foundation – 435 435 – 81 81
Vitol Foundation – 200 200 – – –
United Nations Programme on HIV/AIDS (UNAIDS) – 80 80 – 43 43
United Nations Fund for Population Activities (UNFPA) – 9 9 – (450) (450)
UN Women – 89 89 – 122 122
World Health Organization (WHO) – – – – 287 287
Anonymous (At donor’s request) – 10,265 10,265 – 10,528 10,528
Merck Sharp & Dohme Corp., subsidiary of Merck & – 7 7 – 447 447
Co. Inc.
Conference fees Eurongos/Inspire – 14 14 – 16 16
The William And Flora Hewlett Foundation 1,000 – 1,000 1,000 479 1,479
RFSU (The Swedish Association for Sexuality Education) – 67 67 – 92 92
European Union – – – – 493 493
CORDAID – 465 465 – 152 152
Rutgers – GUSO – CO – 423 423 – 12 12
Bergstrom Foundation – 149 149 – 305 305
David & Lucile Packard Foundation – 500 500 – 1,191 1,191
Other < $100,000, or individuals not to be disclosed 359 456 815 859 403 1,262
Total 1,361 16,692 18,053 1,859 18,806 20,665

4 Investment income and interest

2019 2018
Unrestricted Restricted Total Unrestricted Restricted Total
US$’000 US$’000 US$’000  US$’000 US$’000 US$’000
Interest receivable from cash deposits 207 241 448 475 94 569
Property investment income 34 – 34 38 – 38
Dividends and similar income from US listed securities – 41 41 – 49 49
Total 241 282 523 513 143 656
50 IPPF Financial Statements 2019 

5 Grants to Member Associations and partner organizations

2019 2018
Unrestricted Restricted Total Unrestricted Restricted Total
Charity US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Africa 15,642 40,992 56,634 18,758 7,897 26,655
Arab World 2,143 3,413 5,556 2,484 3,023 5,507
E, SE Asia & Oceania 3,864 2,251 6,115 5,201 2,067 7,268
Europe 1,350 2,483 3,833 1,630 395 2,025
South Asia 7,511 14,201 21,712 6,550 4,824 11,374
Western Hemisphere 7,138 3,017 10,155 6,837 1,544 8,381
Total 37,648 66,358 104,006 41,460 19,750 61,210
Project Delivery Partners – – – – 3,475 3,475
Total 37,648 66,358 104,006 41,460 23,225 64,685

Commodity grants consist of contraceptives and related goods and are included in the above at a value of US$4.6 million
(2018: US$1.6 million). Grants to project delivery partners are payments to deliver consortia programmes.

2019 2018
Unrestricted Restricted Total Unrestricted Restricted Total
Charity and Group US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Africa 15,770 44,288 60,059 19,019 8,502 27,521
Arab World 2,143 3,413 5,556 2,484 3,023 5,507
E, SE Asia & Oceania 3,864 2,251 6,115 5,201 2,067 7,268
Europe 1,487 4,513 6,000 1,903 1,778 3,681
South Asia 7,511 14,201 21,712 6,550 4,824 11,374
Western Hemisphere 6,973 3,017 9,990 6,837 1,544 8,381
Total 37,748 71,684 109,432 41,994 21,738 63,732
Project Delivery Partners – – – – 3,475 3,475
Total 37,748 71,684 109,432 41,994 25,213 67,207

Grants to Member Associations and partner organizations by strategic outcomes

2019 2018
Unrestricted Restricted Total Unrestricted Restricted Total
Charity and Group US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Strategic Outcomes
Championing Rights 1,956 5,767 7,723 3,750 4,018 7,768
Empower Communities 5,453 7,782 13,234 7,216 1,180 8,396
Serve People 23,172 57,178 80,350 18,893 19,335 38,228
Unite and Perform 7,167 958 8,125 12,135 680 12,815
Total 37,748 71,684 109,432 41,994 25,213 67,207

Support costs for grants are included within the central and regional charitable expenditure.
   IPPF Financial Statements 2019 51

The following ten associations received the largest grants in 2019:

Organization 2019 2018

Unrestricted Restricted Total Unrestricted Restricted Total
Charity and Group US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Rahnuma-Family Planning Association of Pakistan 1,469 5,195 6,664 1,594 1,066 2,660
Family Guidance Association of Ethiopia 1,248 3,107 4,355 1,054 584 1,638
Reproductive Health Uganda 963 2,558 3,521 1,108 1,298 2,406
Family Planning Association of India 1,651 1,116 2,767 1,812 929 2,741
Family Health Options Kenya 845 1,455 2,300 924 543 1,467
Uzazi na Malezi Bora Tanzania 707 1,482 2,189 909 545 1,454
Family Planning Association of Nepal 1,377 482 1,859 1,634 2,509 4,143
Planned Parenthood Federation of Nigeria 1,531 266 1,797 1,692 3 1,695
Family Planning Association of Bangladesh 1,749 (16) 1,733 331 – 331
Associação Moçambicana para 526 1,146 1,672 736 372 1,108
Desenvolvimento da Família

6 Regional activities
Regional activities by strategic outcomes
Programme Grants to Support 2019
activities IPPF/WHR costs Total
Group US$’000 US$’000 US$’000 US$’000
Strategic Outcomes
Championing Rights 4,832 – 465 5,296
Empower Communities 1,507 – 286 1,794
Serve People 4,794 2,867 1,249 8,910
Unite and Perform 8,864 – 668 9,532
Total 2019 19,997 2,867 2,668 25,532

Programme Grants to Support 2018

activities IPPF/WHR costs Total
Group US$’000 US$’000 US$’000 US$’000
Strategic Outcomes
Championing Rights 2,837 187 1,286 4,310
Empower Communities 1,592 – 366 1,958
Serve People 4,811 953 1,989 7,753
Unite and Perform 5,238 2,125 1,740 9,103
Total 2018 14,478 3,265 5,381 23,124

Regional activities by type of expenditure

Programme Support 2019 Programme Support 2018
activities costs Total activities costs Total
Group US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Personnel costs 10,715 1,048 11,762 7,336 2,474 9,810
Consultancies 1,857 274 2,131 1,290 546 1,836
Travel 5,249 375 5,624 4,510 806 5,316
Occupancy 783 328 1,110 156 635 791
Communications 165 90 255 164 134 298
Grants to IPPF/WHR 2,867 – 2,867 3,265 – 3,265
Other costs 1,228 553 1,782 1,022 786 1,808
Total 22,864 2,668 25,532 17,743 5,381 23,124

Support costs for regional activities are fully allocated to programme activities.
52 IPPF Financial Statements 2019 

7 Central activities
Central activities by strategic outcomes
Programme
activities
undertaken Allocated Total
directly support costs programmatic
Group US$’000 US$’000 US$’000
Strategic Outcomes
Championing Rights 4,184 1,256 5,441
Empower Communities 766 467 1,233
Serve People 7,610 3,701 11,310
Unite and Perform 2,643 1,600 4,243
Total 2019 15,204 7,024 22,227

Programme
activities
undertaken Allocated Total
directly support costs programmatic
Group US$’000 US$’000 US$’000
Strategic Outcomes
Championing Rights 2,774 874 3,648
Empower Communities 1,092 413 1,505
Serve People 7,021 2,136 9,157
Unite and Perform 3,621 1,836 5,457
Total 2018 14,508 5,259 19,767

Support costs represent all other expenses incurred in the running of IPPF and are allocated based on a proportion of direct personnel
costs attributable to the implementation of the activities.

Central activities by type of expenditure

Programme
activities
Fundraising undertaken Support 2019
costs directly costs Total
Group US$’000 US$’000 US$’000 US$’000
Personnel costs 1,850 7,260 2,467 11,577
Consultancies 1,054 3,416 944 5,415
Travel 898 3,187 208 4,293
Occupancy 243 369 554 1,166
Communications 6 16 26 48
Other costs 156 955 2,825 3,935
Total 2019 4,208 15,203 7,024 26,434

Programme
activities
Fundraising undertaken Support 2018
costs directly costs Total
Group US$’000 US$’000 US$’000 US$’000
Personnel costs 1,867 7,819 2,323 12,009
Consultancies 590 2,643 1,195 4,428
Travel 537 2,391 138 3,066
Occupancy 17 199 279 495
Communications – 4 7 11
Other costs 78 1,452 2,142 3,673
Total 2018 3,090 14,508 6,084 23,682
   IPPF Financial Statements 2019 53

Programme Programme
Fundraising activities Fundraising activities
undertaken undertaken Support 2019 undertaken undertaken Support 2018
directly directly costs Total directly directly costs Total
Charity US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Personnel costs 1,850 7,260 2,467 11,577 1,867 7,819 2,323 12,009
Consultancies 1,054 3,416 944 5,415 590 2,643 1,195 4,428
Travel 898 3,187 208 4,293 537 2,391 138 3,066
Occupancy 243 369 554 1,166 17 199 279 495
Communications 6 16 26 48 – 4 7 11
Other costs 156 955 2,825 3,935 79 1,452 2,082 3,613
Total 4,208 15,203 7,024 26,434 3,090 14,508 6,025 23,622

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

2) Support costs represent all other expenses incurred in the running of IPPF and are allocated across the Strategic Outcomes based on a
proportion of direct personnel costs attributable to the implementation of the activities. 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 activities related to the Federation’s global income generation and resource development.

Included within support costs are fees payable to the external auditor, Deloitte LLP, of US$158,500 and US$215,300 for the charity and
group respectively (2018 – Deloitte LLP – US$231,000 and US$288,000) for statutory audit. There were no fees from assurance services,
tax advisory services or other financial services. Within other support costs is a foreign exchange gain in 2019 of US$3.4 million (group)
and US$3.3 million (charity); 2018 loss of US$1.3 million (group) and US$1.3 million (charity).

8 Employee numbers and emoluments

The average total number employed during the year were:

Central Regional Total 2019 Regional Total 2019

Activities Activities Charity Activities Group
Technical Knowledge and Support 37 25 62 46 108
Strategic Planning, External Affairs, Advocacy & Communications 12 3 15 26 41
Management, Governance, Accreditation and Policy 21 22 43 11 54
Resource Mobilization 8 3 11 1 12
Support Services – Finance, Information 24 42 66 26 92
Technology, Human Resources & Administration
Total 2019 102 95 197 110 307

Central Regional Total 2018 Regional Total 2018

Activities Activities Charity Activities Group
Technical Knowledge and Support 40 19 59 30 89
Strategic Planning, External Affairs, Advocacy & Communications 10 4 14 31 45
Management, Governance, Accreditation and Policy 12 23 35 15 50
Resource Mobilization 4 2 6 2 8
Support Services – Finance, Information 24 34 58 26 84
Technology, Human Resources & Administration
Total 2018 90 82 172 104 276
54 IPPF Financial Statements 2019 

The cost of employing these staff was:

2019 2018 2019 2018

US$’000 US$’000 US$’000 US$’000
Charity Charity Group Group
Gross salaries of individuals on IPPF payroll 10,343 10,040 16,008 15,414
Social security costs 1,092 927 1,494 1,655
Pension 682 750 1,291 1,171
Temporary staff employed through third party agencies 2,194 2,810 2,271 2,828
Other employee benefits 962 635 3,194 1,183
Redundancy costs (4) 437 35 437
Total 15,268 15,599 24,293 22,688

The number of Charity and Group employees whose emoluments, excluding pension contributions and employers’ national insurance,
but including benefits in kind, were in excess of US $78,000 (£60,000) was:

2019 2018 2019 2018

Charity Charity Group Group
US$78,000 to US$90,000 8 15 22 21
US$90,000 to US$100,000 5 2 10 7
US$100,000 to US$110,000 8 3 10 5
US$110,000 to US$120,000 5 7 7 8
US$120,000 to US$130,000 – – 1 –
US$130,000 to US$140,000 4 2 8 3
US$140,000 to US$150,000 2 2 2 3
US$150,000 to US$160,000 1 – 1 –
US$160,000 to US$170,000 2 3 2 3
US$170,000 to US$180,000 1 – 1 –
US$180,000 to US$190,000 1 – 2 1
US$190,000 to US$200,000 2 1 2 1
US$200,000 to US$210,000 1 1 1 –
US$280,000 to US$290,000 – 1 – –
US$330,000 to US$340,000 1 – 1 –
US$550,000 to US$560,000 – 1 – 1

Charity: Contributions amounting to US$307,000 (2018: US$278,000) were made to defined contribution schemes on behalf of 38 higher
paid employees (2018: 34). Group: contributions amounting to US$470,000 (2018: US$375,000) were made to defined contribution
schemes on behalf of 58 higher paid employees (2018: 51).

No ex-gratia payments were made during the year (2018: Nil). No trustee received remuneration during the year (2018: Nil). Total
expenses reimbursed to members the Board of Trustees and Audit Committee or incurred on their behalf for attendance at meetings was
US$134,538 (2018: US$373,162). Eighteen members of the Governing Council and four members of the Finance and Audit Committee
were reimbursed expenses.

Key management personnel

The key management personnel of the parent Charity are the Director General, the central office divisional directors and the regional
directors of AWRO, ESEAOR and SARO. The total remuneration (including pension contributions and employers’ national insurance) of
the key management personnel of the Charity for the year totaled US$1,304,327 (2018: US$1,257,152).

The key management personnel of the Group comprise those of the Charity and key management personnel of EN and ARO. The total
remuneration (including pension contributions and employers’ national insurance) of the key management personnel of the Group for
the year totalled US$1,577,085 (2018: US$1,654,115).
   IPPF Financial Statements 2019 55

9 Tangible fixed assets

Fixtures, fittings, Fixtures, fittings,
Freehold equipment Freehold equipment
property & computers Total property & computers Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Charity Charity Charity Group Group Group
Cost
Cost at 1 January 2019 18,765 1,550 20,315 20,977 2,933 23,910
Exchange adjustments 566 130 696 490 223 713
Additions – 9 9 – 379 379
Cost at 31 December 2019 19,331 1,688 21,020 21,467 3,535 25,002

Depreciation
Accumulated depreciation at 1 January 2019 1,486 1,531 3,017 1,656 2,462 4,118
Exchange adjustments 25 128 152 (40) 212 173
Charge for the year 287 7 295 326 181 508
Accumulated depreciation at 31 December 2019 1,798 1,666 3,464 1,943 2,856 4,798

Net book value at 31 December 2019 17,534 22 17,556 19,525 679 20,204

Net book value at 31 December 2018 17,279 19 17,298 19,321 471 19,792

All tangible fixed assets are held for charity use.

10 Investments
2019 2018 2019 2018
Total Total Total Total
US$’000 US$’000 US$’000 US$’000
Charity Charity Group Group
Listed investments 1,539 1,248 1,539 1,248
Subsidiary undertakings 20,245 28,806 – –
Investment property 1,307 1,257 1,307 1,257
Total 23,091 31,311 2,847 2,505

Listed investments
Total Total
US$’000 US$’000
2019 2018
Shares and securities investments at market value: Listed on New York Exchange
At 1 January 2019 1,248 1,448
Additions 350 48
Disposal proceeds (350) (41)
Unrealized/realized gains/(losses) for the year 236 (207)
Forex movement 55 –
At 31 December 2019 1,539 1,248

Securities and shares are held by IPPF/WHR on behalf of IPPF. The above figures include US$ nil cash (2018: US$ nil) held as part of the
investment portfolio
56 IPPF Financial Statements 2019 

Investment property
Total Total
US$’000 US$’000
2019 2018
Investment property at fair value:
Investment property at 1 January 1,257 1,330
Revaluation – –
Foreign exchange movement 50 (73)
Investment property 31 December 1,307 1,257

Investment property at fair value

The investment property was acquired on 31 December 2012 for no cost, following the early termination of a lease on a property for
which IPPF holds the freehold. It is included in the balance sheet at fair value, valued by management. The last independent property
valuation was carried out as at 31 December 2015 by an external valuer – BNP Paribas Real Estate UK (Chartered Surveyors).

Investments in subsidiary undertakings

International Contraceptive & SRH Marketing Limited (trading as ICON) is a wholly owned dormant trading subsidiary incorporated in
the UK and registered in England and Wales. The company owns the entire issued ordinary share capital of US$1.

IPPF Worldwide Inc. is a separately registered not-for-profit organization in United States of America.

IPPF Africa Region (ARO) and IPPF Europe Network (ENRO) are separate legal entities in Nairobi, Kenya and Brussels, Belgium respectively.
Their individual results and net assets are as follows:

Worldwide Inc ARO EN

Year to Year to Year to Year to Year to Year to
31 Dec 2019 31 Dec 2018 31 Dec 2019 31 Dec 2018 31 Dec 2019 31 Dec 2018
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Income 13,642 14,287 15,023 9,414 5,504 6,275
Expenditure (13,889) (14,260) (15,134) (8,443) (5,507) (5,615)
Surplus/(deficit) (247) 27 (111) 971 (3) 660

Worldwide Inc ARO EN

Year to Year to Year to Year to Year to Year to
31 Dec 2019 31 Dec 2018 31 Dec 2019 31 Dec 2018 31 Dec 2019 31 Dec 2018
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Net assets 9,844 10,090 6,966 15,234 3,435 3,479

11 Long term loans

2019 2018
Total Total
US$’000 US$’000
Loans to Member Associations 207 20
Total 207 20

All loans to Member Associations are interest bearing.

   IPPF Financial Statements 2019 57

12 Debtors (amounts falling due within one year)

2019 2018 2019 2018
Total Total Total Total
US$’000 US$’000 US$’000 US$’000
Charity Charity Group Group
Receivable from donors 235 3,470 2,330 3,843
Receivable from associations 1,983 1,069 3,294 1,517
Receivable from others 15,989 818 16,464 1,502
Prepayments 65 900 383 948
Total 18,272 6,257 22,471 7,810

13 Creditors (amounts falling due within one year)

2019 2018 2019 2018
Total Total Total Total
US$’000 US$’000 US$’000 US$’000
Charity Charity Group Group
Trade creditors 2,780 1,210 3,195 1,546
Payable to associations 1,727 3,982 1,727 3,984
Accruals and other creditors 12,664 4,193 13,523 4,974
Derivative financial instruments – 21 – 21
Due to regional offices 496 3,240 151 297
Held on behalf of IPPF Worldwide Inc (407) 3,847 – –
Deferred income (see below) 2,157 160 6,879 3,170
Total 19,417 16,653 25,475 13,992

Deferred Income
2019 2018 2019 2018
Total Total Total Total
US$’000 US$’000 US$’000 US$’000
Charity Charity Group Group
Deferred income balances brought forward 160 – 3,070 875
Released in the year (160) – (3,070) (875)
Deferred in the year 2,157 160 6,879 3,070
Deferred income balances carried forward 2,157 160 6,879 3,070

14 Provisions
2019 2018 2019 2018
Total Total Total Total
US$’000 US$’000 US$’000 US$’000
Charity Charity Group Group
Opening balance – – 706 671
Utilized in year – – (4) –
Arising in year 19 – 141 35
Closing balance 19 – 842 706
58 IPPF Financial Statements 2019 

15 Group funds and reserves

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

Balance at Balance at
1 Jan 2019 Income Expenditure Transfers 31 Dec 2019
US$’000 US$’000 US$’000 US$’000 US$’000
Government
Australia
SPRINT 269 61 (35) – 295
SPRINT III 963 2,442 (2,690) – 715
Capacity Building in the Pacific (342) – 282 1 (59)
South Asia Strategic Plan 30 – – – 30
RENEW Advocacy and Institutional Strengthening 79 (3) (26) – 51
Samoa 141 138 (233) – 47
Pacific Strategy 568 670 (703) 2 537
Gender based violence and Comprehensive Sexuality Education 143 – (35) – 107
Australia – Other – 110 (106) – 3
Belgium – She Decides 1,323 2,069 (1,787) – 1,605
Canada
Delivering the Muskoka Promise (8) – – – (8)
Protections of children working in mines in DRC 11 837 (1,228) – (380)
She Decides 1,921 52 (1,551) – 423
Freedom to Choose – RHASS 11 404 (868) – (452)
Canada – Young People – 3,922 (2,143) – 1,779
Canada – Venezuela crisis – 450 (450) – –
China – China Solutions Grant 400 376 (719) – 57
Denmark
Adolescents & Advocacy for SRH (A+) – – (21) 22 1
Friendship Retreat 78 – (31) – 47
Denmark – Support for RHU – 590 – – 590
France – 149 (73) – 76
Germany
Providing assistance to internally displaced populations in Syria (51) – 20 32 –
Enhancing SRH and addressing GBV among refugees and internally 90 (101) 56 (32) 11
displaced populations in Sudan
Essential SRH & Youth Friendly services to marginalized Palestinian 12 279 (274) – 17
women and youth
Enhancing SRH refugees in West Africa – 1,132 (922) – 209
Japan
Japan Trust Fund Asia & Africa 1,334 – (508) – 826
Japan Trust Fund Arab World, EN, WHR 963 – (198) – 763
Japan Trust Fund Management 829 175 (161) – 844
Maternal and RH for IDPs and Refugees 538 9 (351) – 196
Netherlands
Choices and Opportunities Fund – – 6 (6) –
Civil Society and ICPD 3 – – – 3
ASK – – (15) 16 –
Right Here Right Now 177 423 (539) – 61
Get Up Speak Out 652 1,611 (1,652) – 611
New Zealand
Reproductive Health Facility for the Pacific 12 485 (245) – 251
New Zealand – Pacific Strategy – 313 – – 313
   IPPF Financial Statements 2019 59

Balance at Balance at
1 Jan 2019 Income Expenditure Transfers 31 Dec 2019
US$’000 US$’000 US$’000 US$’000 US$’000
Norway
UN Resources Databases – – (8) 6 (2)
Empowering A First Generation of Somalis to Abandon FGM 61 (61) – – –
Elimination of FGM in 3 AWR countries 191 386 (461) – 116
South Africa – BRICS Study Tour India 3 – – – 3
Sweden
Sweden – She Decides and Women Delivery 80 4 (84) – –
Switzerland – Support for IPPF Geneva Office 57 755 (794) – 19
United Kingdom
Women Integrated Sexual Health Lot 1 (212) 2,012 (1,776) – 23
Women Integrated Sexual Health Lot 2 3,415 54,878 (49,896) – 8,396
UK Connect – ACCESS SRHR – 1,217 (1,899) – (681)
United States of America
Population Council – The Evidence Project (17) 18 – – –
Sustainable Networks (238) 185 (56) – (109)
Multi-donor Fund – Safe Abortion Action Fund 1,119 5,6400 (5,585) – 1,174
Total government restricted funds 14,605 81,625 (77,761) 42 18,507

Multilateral and other sources

Arab Gulf Fund – Youth Health Protection 90 – – – 90
Bergstrom – Support of Africa Region (305) 149 (145) – (300)
Bill & Melinda Gates Foundation
Countdown 2030 Europe 926 2,090 (2,109) – 908
Marie Stopes International – Cervical Cancer Screening 38 156 – – 193
& Preventative Therapy
BMGF DMPA-SC Proposal (17) – (7) – (25)
Business Plan 178 – (178) – –
Leveraging IPPF’s network for product intro and scale to expand mix 99 – – – 99
for women
ARCHES Kenya (Addressing Reproductive Coercion in Health Settings) 416 5 (373) – 48
Other – 450 – – 450
Children’s Investment Fund Foundation – Business Plan 56 – (56) – –
Cordaid – Jeune S3 IPPFAR 54 465 (541) – (22)
Danish Family Planning Association
Danish Arab Partnership for Improved SRHR (1) 206 (221) – (16)
Sir David Owen Memorial – University Bursary Fund 36 – – – 36
The David and Lucile Packard Foundation
Women’s Leadership ARO 222 – – – 222
Abortion Stigma II 16 – – (10) 6
Abortion Stigma III 822 15 (389) – 448
Business Plan and Solutions 38 250 (38) – 250
Strengthening coordination to increase access to SRHR for young people 18 – (203) – (185)
in Africa
AULO strength adolescence SRH – 250 – – 250
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
Africa Rising Project 1 – – (1) –
BACKUP – Integration for Sustainability (I4S) 39 (60) (238) – (259)
Accelerating ICPD Implementation (1) – (10) – (11)
P2P BACKUP HEALTH 628 201 (635) – 196
European Commission (EC)
EC Safe Motherhood Bangladesh 30 – – – 30
60 IPPF Financial Statements 2019 

Balance at Balance at
1 Jan 2019 Income Expenditure Transfers 31 Dec 2019
US$’000 US$’000 US$’000 US$’000 US$’000
State of the African Women Campaign (7) 4,635 (1,888) – 2,740
Strengthening MDG 5a and 5b in South Asia 536 (516) 30 – 50
Other projects – 47 (54) – (7)
Health Pooled Fund – Crown Agents-Technical assistance to South Sudan 81 – – – 81
Helen Seymour Fund – University Bursary Fund 79 – – – 81
The John D & Catherine T MacArthur Foundation – 13 – – – 13
Building capacity of MA’s to enhance governance, Management
Levi Strauss – 175 (135) – 40
Reckitt Benckiser (Brands) – Partnership Project Fund 42 – – – 42
Rutgers – AWAN for the SRHR Conference December 2017 (2) – – – (2)
United Nations Population Fund (UNFPA)
UNFPA MDG5B Grant (ESEAOR) 2 – – – 2
UNFPA ESEAOR 10 – – – 10
Joint Project on Adolescent Health (SROP) 7 – – – 7
Support for SARYN meeting / APPC 7 – – – 7
Systems strengthening for RHCS 6 – – – 7
Africa Parliamentary Forum for Population Development 2 – – – 2
Asia and the Pacific (APRO) – Reaching out to Young People (31) – – 18 (13)
Sub-regional Office in the Pacific: planning and monitoring for (1) – – – (1)
youth‑friendly health services
Strengthening SRH/HIV Linkages 2016 – 29 (30) – (1)
United Nations Programme on HIV/AIDS (UNAIDS)
CSO Forum midterm review of the Asia Pacific Ministerial Declaration 16 50 (2) – 64
on Population
Technical Support Facility ESEAOR 434 – – – 434
ACT 2015 phase IV 26 – (26) – –
William and Flora Hewlett Foundation
Voices: Towards universal access to SRHR for all (PHASE II) 35 – (143) – (107)
Support of African member associations 757 25 (677) – 105
Strategic Framework Refinement – Hewlett 85 – (85) – –
World Health Organization –
Rapid Assessment Tool Findings (1) – (8) 9 –
PMNCH 9 – – – 9
Development electronic toolkit for SRHR & HIV linkages – – (4) 4 –
National dissemination workshops 1 – – (1) –
Multi-donor Fund – EuroNGOs 84 131 (196) (17) 1
Multi-donor Fund – SheDecides Unit 2,200 1,744 (2,426) – 1,519
Multi-donor Fund – IPPF Governance Reform – 2,328 (2,257) – 70
Anonymous donors (not disclosed at their request) 2,545 8,607 (8,430) 14 2,737
Other (various) 1,266 925 (1,914) (59) 220
Total Multilateral and other sources 11,582 22,359 (23,390) (42) 10,517
Total Restricted Funds 26,190 103,984 (101,150) – 29,024
   IPPF Financial Statements 2019 61

Balance at Balance at
1 Jan 2018 Income Expenditure Transfers 31 Dec 2018
US$’000 US$’000 US$’000 US$’000 US$’000
Government
Australia  
SPRINT 52 82 135 – 269
SPRINT III 571 2,692 (2,300) – 963
Capacity Building in the Pacific 638 1 (981) – (342)
South Asia Strategic Plan 30 – – – 30
RENEW Advocacy and Institutional Strengthening 79 – – – 79
Samoa 11 164 (34) – 141
Pacific Strategy – 787 (219) – 568
Gender based violence and Comprehensive Sexuality Education – 143 – – 143
Belgium – She Decides – 3,767 (2,444) – 1,323
Canada
Delivering the Muskoka Promise (8) – – – (8)
Protections of children working in mines in DRC – 98 (87) – 11
She Decides – 3,102 (1,181) – 1,921
Freedom to Choose – RHASS – 114 (103) – 11
China – Solutions Grant – 400 – – 400
Denmark
Adolescents & Advocacy for SRH (A+) 11 – (11) – –
Friendship Retreat – 78 – – 78
Germany
Providing assistance to internally displaced populations in Syria 95 – (146) – (51)
Enhancing SRH and addressing GBV among refugees and internally 19 292 (221) – 90
displaced populations in Sudan
Essential SRH & Youth Friendly services to marginalized Palestinian – 187 (175) – 12
women and youth
Japan
JTF Asia & Africa 1,002 – 331 – 1,334
JTF Arab World, EN, WHR 242 – 721 – 963
JTF Management 1,476 1,041 1,688 – 829
Maternal and RH for IDPs and Refugees 933 1,010 1,405 – 538
Netherlands
Choices and Opportunities Fund (3) – 3 – –
Civil Society and ICPD 3 – – – 3
ASK 8 – (8) – –
Right Here Right Now 135 443 (401) – 177
Get Up Speak Out 528 1,568 (1,444) – 652
New Zealand- Reproductive Health Facility for the Pacific 10 12 (10) – 12
Norway
UN Resources Databases 6 – (6) – –
Empowering A First Generation of Somalis to Abandon FGM 61 – – – 61
Elimination of FGM in 3 AWR countries  362 358 (529) – 191
South Africa – BRICS Study Tour India 3 – – – 3
Sweden
She Decides Conference Co-ordination 105 (25) – 80
Switzerland – Support for IPPF Geneva Office 102 75 (120) – 57
United Kingdom
Women Integrated Sexual Health Lot 1 – – (212) – (212)
Women Integrated Sexual Health Lot 2 – 8,344 (4,929) – 3,415
62 IPPF Financial Statements 2019 

Balance at Balance at
1 Jan 2018 Income Expenditure Transfers 31 Dec 2018
US$’000 US$’000 US$’000 US$’000 US$’000
United States of America
Population Council – The Evidence Project (225) 285 (77) – (17)
Sustainable Networks (2,415) 6,756 (4,579) – (238)
Multi-donor Fund – Safe Abortion Action Fund 1,594 4,239 (4,714) – 1,119
Total government restricted funds 5,321 36,143 (26,859) – 14,605

Multilateral and other sources

Arab Gulf Fund- Youth Health Protection 90 – – – 90
Bayer HealthCare – Bayer Barometer 2013 7 – (7) – –
Bergstrom – Support of Africa Region – 305 (610) – (305)
Bill & Melinda Gates Foundation
Countdown 2030 Europe 702 2,163 (1,859) (80) 926
Marie Stopes International – Cervical Cancer Screening & (162) 200 – – 38
Preventative Therapy
Advance Family Planning 85 11 (96) – –
BMGF DMPA-SC Proposal – – (17) – (17)
Business Plan – 250 (72) – 178
Leveraging IPPF’s network for product intro and scale to expand mix – 99 – – 99
for women
ARCHES Kenya (Addressing Reproductive Coercion in Health Settings) – 494 (78) – 416
Children’s Investment Fund Foundation – Business Plan – 250 (194) – 56
Cordaid – Jeune S3 IPPFAR 40 152 (138) – 54
Danish Family Planning Association
Danish Arab Partnership for Improved SRHR – 212 (213) – (1)
Sir David Owen Memorial – University Bursary Fund 36 – – – 36
The David and Lucile Packard Foundation
Women’s Leadership ARO 222 – – – 222
Abortion Stigma II 231 2 (217) – 16
Abortion Stigma III – 1,004 (182) – 822
Business Plan – 50 (12) – 38
Strengthening coordination to increase access to SRHR for young people 4 141 (127) – 18
in Africa
Reframing the Messaging 58 – (65) 7 –
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
Africa Rising Project 35 24 (58) – 1
BACKUP – Integration for Sustainability (I4S) 141 – (102) – 39
Accelerating ICPD Implementation 3 149 (153) – (1)
P2P BACKUP HEALTH – 628 – – 628
European Commission (EC)
EC Safe Motherhood Bangladesh 30 – – – 30
State of the African Women Campaign 7 493 (507) – (7)
Strengthening MDG 5a and 5b in South Asia 536 – – – 536
Health Pooled Fund – Crown Agents-Technical assistance to South Sudan 81 – – – 81
Helen Seymour Fund- University Bursary Fund 79 – – – 79
The John D & Catherine T MacArthur Foundation – Building capacity of MA’s 13 – – – 13
to enhance governance, Management
Reckitt Benckiser (Brands) – Partnership Project Fund 60 – (18) – 42
Rutgers – AWAN for the SRHR Conference December 2017 (14) 12 – – (2)
United Nations Educational, Scientific and Cultural Organisation (UNESCO) – 13 12 (25) – –
Youth-led CSE advocacy II
United Nations Population Fund (UNFPA)
UNFPA MDG5B Grant (ESEAOR) 2 – – – 2
   IPPF Financial Statements 2019 63

Balance at Balance at
1 Jan 2018 Income Expenditure Transfers 31 Dec 2018
US$’000 US$’000 US$’000 US$’000 US$’000
UNFPA ESEAOR 10 – – – 10
Joint Project on Adolescent Health (SROP) 7 – – – 7
Support for SARYN meeting / APPC 7 – – – 7
Systems strengthening for RHCS 6 – – – 6
Africa Parliamentary Forum for Population Development 2 – – – 2
Asia and the Pacific (APRO) – Reaching out to Young People (18) (6) (7) – (31)
Sub-regional Office in the Pacific: planning and monitoring for (1) – – – (1)
youth‑friendly health services
United Nations Programme on HIV/AIDS (UNAIDS)
CSO Forum mid-term review of the Asia Pacific Ministerial Declaration – 30 (14) – 16
on Population
Technical Support Facility ESEAOR 876 (442) – – 434
ACT 2015 phase IV 10 274 (258) – 26
William and Flora Hewlett Foundation
Voices: Towards universal access to SRHR for all (PHASE II) – 389 (354) – 35
Support of African member associations 1,000 – (243) – 757
Strategic Framework Refinement – Hewlett – 90 (5) – 85
World Health Organization
Rapid Assessment Tool Findings 3 – (4) – (1)
PMNCH 9 – – – 9
Development of an electronic toolkit for SRHR and HIV linkages 2 – (2) – –
Joint tools on SRH/HIV linkages (1) – 1 – –
National dissemination workshops (6) 6 1 – 1
Multi-donor Fund- EuroNGOs 282 233 (424) (7) 84
Multi-donor Fund – SheDecides – 2,310 (110) – 2,200
Anonymous donors (not disclosed at their request) 1,706 7,376 (6,537) – 2,545
Other (various) 430 1,067 (194) (37) 1,266
Total Multilateral and other sources 6,623 17,978 (12,899) (117) 11,582
Total Restricted Funds 11,944 54,121 (39,758) (117) 26,190

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.

Asset Other
revaluation Fixed Asset Designated Innovation Pension General
Reserve Reserve Funds Fund Fund Fund Total
Note

Group US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000

2019:
Additions to Fixed Assets (note 9) a – 256 – – – (9) 247
Transfer to Designated Regional Funds b – – 5,186 – – (5,186) –
Other funds c – 22 498 (472) – (8,489) (8,441)
Transfers between funds – 277 5,684 (472) – (13,684) (8,194)

Balance as at 1 January 2019 12,122 7,670 22,511 1,895 (9,973) 14,363 48,588

Net income/(expenditure) – (391) (5,863) (670) 1,418 5,062 (444)
Unrealized foreign exchange movement – 525 – – (395) 2,706 2,836
Actuarial gains/(losses) on defined benefit pension scheme – – – – (1,674) – (1,674)
Transfer of funds from other regions – – – – – 8,321 8,321
Net gains/(losses) on investment assets – – – – – 105 105
Balance as at 31 December 2019 12,122 8,082 22,333 753 (10,624) 16,873 49,538
64 IPPF Financial Statements 2019 

Asset Other
revaluation Fixed Asset Designated Innovation Pension General
Reserve Reserve Funds Fund Fund Fund Total

Note
Group US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
2018:
Additions to Fixed Assets (note 9) a – 285 – – – (285) –
Transfer to Designated Regional Funds b – – 417 – – (417) –
Other funds c – – 1,000 (1,000) – 34 34
Transfers between funds – 285 1,417 (1,000) – (668) 34
             
Balance as at 1 January 2018 12,486 8,549 29,903 3,697 (15,094) 23,738 63,279
Net income/(expenditure) (364) (233) (8,809) (802) 1,278 (8,070) (17,000)
Unrealized foreign exchange movement – – – – – (73) (73)
Actuarial gains/(losses) on defined benefit pension scheme – – – – 3,087 – 3,087
Transfer of funds from other regions – – – – 756 – 756
Net gains/(losses) on investment assets – (931) – – – (564) (1,495)
Balance as at 31 December 2018 12,122 7,670 22,511 1,895 (9,973) 14,363 48,588

Explanations of movements on unrestricted funds and reserves:

a The Fixed Asset Reserve represents the net book value of fixed assets with fixed asset additions being funded from the General Fund
and depreciation being charged to this reserve each period.

b Funds allocated to the Designated Regional Funds from savings on budget allocation for utilization in 2020.

c Funds set aside for innovation projects and other transfers.

Asset Revaluation Reserve The Asset Revaluation Reserve represents the difference between the historical cost of fixed assets and the depreciated revalued equivalent.
Fixed Asset Reserve The Fixed Asset Reserve represents the value of IPPF funds invested in unrestricted fixed assets (see note 9) or allocated for their replacement.
Other Designated Funds Other Designated Funds include the Member Association Performance Fund, the Resource Mobilization Fund, and various funds set aside for
use by specific Regions.
Innovation Fund The Innovation Fund is used to develop innovative projects and try new approaches to our work.
Pension Fund The Pension 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 19.
General Fund The General Fund contains the undesignated unrestricted funds of IPPF which are free of donor restrictions for specific activities or countries.
These will fund future activities.

16 Net assets between funds

2019
Unrestricted Restricted Endowment Total
Charity US$’000 US$’000 US$’000 US$’000
Fixed assets 27,560 11,918 1,274 40,752
Current assets 49,881 19,263 – 69,144
Current liabilities (17,260) (2,157) – (19,417)
Provisions for liabilities (19) – – (19)
Pension liability (10,624) – – (10,624)
Total 2019 49,539 29,024 1,274 79,837
   IPPF Financial Statements 2019 65

2018
Unrestricted Restricted Endowment Total
Charity US$’000 US$’000 US$’000 US$’000
Fixed assets 34,974 12,556 1,098 48,628
Current assets 37,764 15,784 – 53,548
Current liabilities (14,177) (2,150) – (16,327)
Provisions for liabilities – – – –
Pension liability (9,973) – – (9,973)
Total 2018 48,588 26,190 1,098 75,876

2019
Unrestricted Restricted Endowment Total
Group US$’000 US$’000 US$’000 US$’000
Fixed assets 21,678 306 1,274 23,258
Current assets 57,923 35,597 – 93,519
Current liabilities (18,596) (6,879) – (25,475)
Provisions for liabilities (842) – – (842)
Pension liability (10,624) – – (10,624)
Total 2019 49,539 29,024 1,274 79,837

2018
Unrestricted Restricted Endowment Total
Group US$’000 US$’000 US$’000 US$’000
Fixed assets 21,141 78 1,098 22,317
Current assets 47,453 30,451 – 77,904
Current liabilities (9,327) (4,339) – (13,666)
Provisions for liabilities (706) – – (706)
Pension liability (9,973) – – (9,973)
Total 2018 48,588 26,190 1,098 75,876

17 Forward commitments
2019 2018
Charity and Group US$’000 US$’000
Orders for contraceptives and services due within one year – 9

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

The total future minimum lease payments under non-cancellable operating leases are:

Buildings Equipment 2019 Buildings Equipment 2018

Group US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Due
In the next 1–2 years 848 19 867 196 16 212
Between 2–5 years 812 1 813 149 2 151
Greater than 5 years 27 – 27 – – –
Total 1,687 20 1,706 345 18 363
66 IPPF Financial Statements 2019 

18 Contingent liability
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 Pension schemes
IPPF operates three pension schemes as described below:

The Central Office Defined Benefit Pension Scheme (closed)

This is a defined benefit scheme covering full-time staff in the Central Office, London. The assets of the fund are managed by independent
professional investment managers.

The scheme’s assets and liabilities are calculated by professional actuaries. The most recent formal actuarial valuation as at 1 July 2015 was
performed using the Defined Accrued Benefit Method. The assumption used reflected the Employer Covenant Strength and the average
term of the liabilities. The main assumptions used in the valuation were:

„ Deferred Pensioners (average term 25 years);

„ Investment return 4.95% per annum pre-retirement.
„ Investment return 3.70% per annum post retirement.
„ Pension revaluation before retirement in line with CPI (maximum 5%) – 3.05% per annum; and
„ Pension increases after retirement in line with RPI (maximum 5%) – 3.65% per annum.

The report for the actuarial valuation as at 1 July 2015 showed the fund to have an asset value of GBP£29.6 million under the ongoing
valuation method. This is equivalent to a funding level of 83% (market value of assets versus liabilities).

A decision was taken to close the scheme to current members on 1 September 2007. This followed the earlier decision in September 2003
to close the scheme to new members. A pension strategy was approved in October 2009 which commits IPPF to reducing the pension
deficit to zero by 2020. An updated recovery plan was submitted to the Pensions Regulator from July 2016. This will require the pension
deficit to be paid off by January 2021 and require a 3.5% annual increase in payments from the current level of GBP£1.3 million.

From 1 September 2007 the former members of this scheme were offered defined contribution pension arrangements.

IPPF is aware of evolving UK case law in relation to final salary schemes and is assessing any possible implications to its defined benefit
scheme (closed). It is not yet certain whether any additional liability occurs and therefore any financial impact.

The Central Office Defined Contribution Pension Scheme

Since 2003, a defined contribution pension scheme has been offered to permanent staff in the Central Office, London. IPPF contributes
7% of salary. For staff previously included in the defined benefit scheme a contribution of 10% of salary is made.

The 2019 pension charge for this scheme is US$265,000 (2018: US$410,000).

The Overseas Employee Pension Scheme

Most full-time employees in the Africa Regional Office and some members of the Arab World and South Asia Regional Offices are
members of this scheme. It is a defined contribution scheme under which IPPF contributes 12% of basic salary and is non-contributory
for staff.

The 2019 pension charge for this scheme is US$153,000 (Charity) and US$645,000 (Group) (2018: US$62,000 (Charity) and
US$305,000 (Group).

At 31 December 2019 there were no outstanding or prepaid contributions for any of the defined contribution schemes (2018: US$nil).
   IPPF Financial Statements 2019 67

FRS 102 disclosure note

There is one defined benefit pension scheme providing benefits on final pensionable salary, the Central Office Defined Benefit Pension
Scheme. The latest full actuarial valuation of this scheme was carried out at 1 July 2015 and was updated for accounting purposes to
31 December 2019 by a qualified independent actuary from Premier Pensions Management Ltd.

The pension contributions payable by IPPF to the scheme were as follows:

2019 2018
US$’000 US$’000
Pension contributions 1,690 1,689

There were outstanding contributions at the year-end of US$4,000 Charity and US$18,000 Group (2018: nil).

The major assumptions used in the FRS 102 valuation were:

2019 2018
Per annum Per annum
Inflation – RPI 3.40% 3.60%
Inflation – CPI 2.60% 2.60%
Rate of discount 2.00% 2.85%
Pension increases:
Pre 88 GMP Nil Nil
Post 88 GMP 2.70% 2.70%
Excess over GMP accrued pre 1.3.1998 6.00% 6.00%
Excess over GMP accrued between 1.3.1998 and 31.7.2002 6.00% 6.00%
Excess over GMP accrued between 1.8.2002 and 5.4.2005 3.60% 3.60%
Excess over GMP accrued from 5.4.2005 2.30% 2.30%

Life expectancy (at age 65): Years Years

Males born 1954 21.8 22.2
Females born 1954 24.1 24.1
Males born 1974 23.2 23.9
Females born 1973 25.5 25.9

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

2019 2018
Pre-retirement mortality (male/female) S1PA / S1PA S1PA / S1PA
Post retirement mortality for non-pensioner members (male/female) S1PA / S1PA S1PA / S1PA
Post retirement mortality for pensioner members (male/female) S1PA / S1PA S1PA / S1PA

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.

In 2010 the UK Government announced a change in the statutory minimum pension increase for public and private pension schemes.
Previously this inflation rate was linked to the Retail Price Index (RPI). The announced change links this inflation rate to the Consumer Price
Index (CPI), where this is in line with the legal obligations detailed within the rules of the scheme. After clarifying the legal obligations that
apply to the scheme IPPF linked the inflation rate to CPI.
68 IPPF Financial Statements 2019 

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

2019 2018
US$’000 US$’000
Equities 11,314 9,718
Bonds 27,418 21,486
Cash 155 192
Liability Driven Investment 7,293 8,614
Total market value of assets 46,180 40,010
Present value of scheme liability (56,804) (49,983)
Deficit in scheme – Net pension liability (10,624) (9,973)

The expected rates of return on the assets in the scheme were 2.0% (2018 – 2.85%). The actual return on scheme assets was US$4.9 million
(2018 – US$1.78 million).

Movement in pension fund liability during the year:

2019 2018
US$’000 US$’000
Deficit in scheme at 1 January (9,973) (15,094)
Employer’s contributions 1,690 1,689
Benefits paid (272) (411)
Actuarial losses (1,674) 3,087
Exchange rate gain (395) 756
Deficit in scheme at 31 December (10,624) (9,973)

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. 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 2018 and 2019 as the
liability is in GBP.

The actuary has confirmed that the valuations made above under the requirements of FRS 102 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 US$10.6 million does not exceed the unrestricted funds balance.

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

2019 2018
US$’000 US$’000
Expected return on pension fund assets (1,179) (1,107)
Interest on pension fund liabilities 1,451 1,542
Net Interest Cost 272 435
Net cost recognized within net income for the year 272 435
Other recognized gains/losses – actuarial losses 1,674 (3,089)
Other recognized gains/losses – unrealized foreign exchange loss / (gain) (395) 756
Total cost relating to defined benefit scheme recognized in the Statement of Financial Activities (1,425) (1,997)
   IPPF Financial Statements 2019 69

20 Related parties
IPPF requires each Board of Trustees member and Audit Committee member to complete a declaration of material transactions and
interest form. These are reviewed by senior management and the Audit Committee. All IPPF staff are also required to complete such
a form on joining the organization which is then up-dated as individual circumstances change. These forms are reviewed by senior
management. These procedures are part of the policy which aims to ensure that employees always act in the best interests of IPPF
and that there is openness and transparency concerning any actual or potential conflict of interest.

Some members of the Board of Trustees are Presidents of Member Associations who receive grants from IPPF in accordance with the
volunteer governance structure of IPPF.

The Audit Committee of IPPF has reviewed the above disclosures and does not consider that any indicates a conflict of interest.
There are no other related party interests or transactions that require disclosure.

No remuneration was paid to members of the Board of Trustees or Audit Committee.

Total expenses reimbursed to members of the Board of Trustees and Audit Committee or incurred on their behalf for attendance
at meetings was US$134,538 (2018: US$373,162).

There were no other related party transactions during the period.

21 Post balance sheet events

The worldwide outbreak of the virus causing COVID‑19 represents a significant event since the end of the financial period. The Trustees
have reviewed the potential impact of the virus on operations at least for twelve months from the date of signing this report, including
assessing the cash flow forecasts in light of the potential impact on our Member Associations, staff, funding, and supply chains and have
concluded (Note 1) that the going concern basis remains an appropriate basis of preparation for these financial statements.

COVID‑19 is considered to be a non-adjusting post balance sheet event and therefore has not been taken into account in preparing the
statement of financial position as at 31 December 2019.
70 IPPF Financial Statements 2019 

Appendix 1
Unaudited Statement of Financial Activities for the year ended 31 December 2019
Secretariat – unaudited*
2019 2018
Unrestricted Restricted Endowment Total Unrestricted Restricted Endowment Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Income from:
Donations and legacies
Grants from governments 57,370 87,875 – 145,245 55,125 35,256 – 90,381
Grants from multilaterals and other sources 8,999 35,239 – 44,238 8,843 31,296 – 40,139
Other trading activities 462 – – 462 302 1 – 303
Income from investments 581 729 – 1,310 924 665 – 1,589
Other income 1,180 – – 1,180 548 – – 548
Total income and endowments 68,592 123,843 – 192,435 65,742 67,218 – 132,960
Expenditure on:
Raising funds
Central fundraising 1,109 3,099 – 4,208 3,345 569 – 3,914
Regional fundraising 2,896 173 – 3,069 3,016 38 – 3,054
Cost of sales (281) (1) – (282) 132 – – 132
Investment management costs 74 296 – 370 59 261 – 320
Charitable activities
Grants to Member Associations & Partners 38,707 83,707 – 122,414 43,050 33,838 – 76,888
Central expenditure 7,405 14,822 – 22,227 12,804 6,964 – 19,768
Regional expenditure 18,600 16,362 – 34,962 19,809 12,674 – 32,483
Pension finance charge 265 – – 265 411 – – 411
Total expenditure 68,775 118,459 – 187,234 82,626 54,344 – 136,970

Net operating (expenditure) / income (183) 5,384 – 5,201 (16,884) 12,874 – (4,010)
before investment (losses) / gains
Gains / (losses) on investment assets 2,398 2,188 175 4,761 (417) (2,169) (207) (2,793)
Net income / (expenditure) 2,215 7,572 175 9,962 (17,301) 10,705 (207) (6,803)
Transfer between funds (60) 60 – – 34 3 (37) –
Other recognized gains / (losses)
Actuarial (loss) / gain on defined (1,674) – – (1,674) 3,087 – – 3,087
benefit pension scheme
Foreign exchange loss on pension liability (395) – – (395) 756 – – 756
Unrealized foreign exchange gain / 3,418 – 1 3,419 (1,495) (120) – (1,615)
(loss) taken to reserves
Net movement in funds 3,504 7,632 176 11,312 (14,917) 10,586 (244) (4,575)

Reconciliation of Funds
Total funds brought forward at 1 January 96,549 38,512 1,098 136,159 111,466 27,926 1,342 140,734
Net movement in funds for the year 3,504 7,632 176 11,312 (14,917) 10,586 (244) (4,575)
Total funds carried forward 100,052 46,144 1,274 147,470 96,549 38,512 1,098 136,159
at 31 December

* These financial statements exclude IPPF Western Hemisphere Region Inc as its status as an autonomous business unit precludes it from
inclusion in the group. Its results have therefore been included in the aggregated financial statements in Appendix 1. Deloitte LLP audited
the charity and group financials and the IPPF/WHR financials were audited by KPMG. Adjustments to remove inter-entity transactions
and adjustments on income to align with UK GAAP have then been processed, unaudited, to present the aggregated position of
the Secretariat.
   IPPF Financial Statements 2019 71

Unaudited balance sheet as at 31 December 2019

Secretariat – unaudited*
2019 2018
Total Total
US$’000 US$’000
Fixed assets
Tangible assets 30,658 30,492
Investments 62,242 38,877
Long term loans 296 213
Total fixed assets 93,196 69,582
Current assets
Stock 195 296
Debtors 27,507 9,288
Cash at bank and in hand 91,450 87,383
Total current assets 119,152 96,967
Creditors: amounts falling due within one year (53,412) (19,711)
Total current liabilities (53,412) (19,711)
Net current assets 65,740 77,256
Total assets less current liabilities 158,936 146,838
Provisions for liabilities (842) (706)
Net assets excluding pension liability 158,094 146,132
Defined benefit pension scheme liability (10,624) (9,973)
Total net assets including pension liability 147,470 136,159

Represented by:
Unrestricted:
General 22,388 18,364
Designated 76,166 76,036
Revaluation Reserve 12,122 12,122
Restricted 46,144 38,512
Endowment 1,274 1,098
Total funds and reserves excluding pension liability 158,094 146,132
Pension liability (10,624) (9,973)
Total funds and reserves including pension liability 147,470 136,159

* These financial statements exclude IPPF Western Hemisphere Region Inc as its status as an autonomous business unit precludes it from
inclusion in the group. Its results have therefore been included in the aggregated financial statements in Appendix 1. Deloitte LLP audited
the charity and group financials and the IPPF/WHR financials were audited by KPMG. Adjustments to remove inter-entity transactions
and adjustments on income to align with UK GAAP have then been processed, unaudited, to present the aggregated position of
the Secretariat.
72 IPPF Financial Statements 2019 

Members of the Board of Trustees

The following is a list of trustees in the period from 1 January to 31 December 2019:

Up until Up until
Ms Namukuza Olgah Daphynne Uganda 16 May 2020 Ms Pramisha Shrestha (appointed May 2019) Nepal 16 May 2020
Mr Antonio Rosario Niquice Mozambique 4 May 2020 Ms Alice Ackerman France 16 May 2020
Ms Clementine Guelmbaye Poloumbodje Chad 16 May 2020 Mr Gabriel Bianchi Slovakia 16 May 2020
Ms Rana Abu Ghazaleh (President) Palestine 16 May 2020 Ms Gunta Lazdane Latvia 16 May 2020
Mr Mohamed Tarek Ghedira Tunisia 16 May 2020 Ms. Donya Nasser USA 16 May 2020
Ms Maysam Shouman Lebanon 16 May 2020 Ms Jovana Rios Cisnero Panama 16 May 2020
Ms Waimarama Matena New Zealand 16 May 2020 Mr Kobe Smith (appointed November 2019) Guyana 16 May 2020
(appointed November 2019) Ms Diana Barco Colombia 30 November 2019
Dr Chung Yul Lee (appointed November 2019) China 16 May 2020 Ms Shanshan He China 30 November 2019
Mr Andreas Prager (appointed November 2019) New Zealand 16 May 2020 Prof Eui Sook Kim South Korea 30 November 2019
Ms Mahtab Akbar Rashdi (Treasurer) Pakistan 16 May 2020 Prof Kun Tang China 30 November 2019
Mr Umesh Rudraradhya India 16 May 2020

Members of the Members of the

The following are trustees
of IPPF effective 17 May 2020
Nomination and Finance, Audit and
to the date of this report: Governance Committee Risk Committee
Kate Gilmore (Interim Chair) France External Don Gunawardena Sri Lanka Internal Elizabeth Schaffer USA External
Isaac Adewole Nigeria External Ramatou Hama Niger Internal Bience Gawanas USA External
Abhina Aher India External Talaat Latif Egypt Internal Judith Maffon Benin Internal
Rosa Ayong Tchonang Cameroon Internal Neish McLean Jamaica External Nicolette Loonen Netherlands Internal
Ulukbek Batyrgaliev Kyrgyzstan Internal Isabel Serrano Spain Internal Maisarah Ahmad Malaysia Internal
Surakshya Giri Nepal Internal Jona Turalde Philippines External
Adriana Mendoza Bautista Bolivia Internal Daniela Urquijo Defex Colombia Internal
Bience Gawanas (Treasurer) USA External
Jacob Mutambo Zambia Internal
Donya Nasser USA Internal
Aurélia Nguyen Switzerland External
Deika Nieto Villar Panama Internal
Dr Josephine Obel Denmark Internal
Elizabeth Schaffer USA External
Kobe Smith Guyana Internal
  IPPF Financial Statements 2019 73
74 IPPF Financial Statements 2019 

Contact names and addresses

Registered Address
4 Newhams Row Telephone: +44 (0)20 7939 8200
London Facsimile: +44 (0)20 7939 8300
SE1 3UZ www.ippf.org
United Kingdom info@ippf.org

Directors’ Leadership Team

Director-General Arab World Regional Director
Alvaro Bermejo Mohamed Kamel

Director, Programme Division East and South East Asia and Oceania Regional Director
Manuelle Hurwitz Tomoko Fukuda

Director, Performance Division European Network Regional Director

Snjezana Bokulic Caroline Hickson

Director, External Affairs Division South Asia Regional Director

Mina Barling Sonal Mehta (appointed on 15 January 2020)

Director, Finance & Technology Division Western Hemisphere Regional Director

Varun Anand Giselle Carino

Africa Regional Director

Marie-Evelyne Petrus-Barry

Principal banker Solicitor

Barclays Bank PLC IPPF uses the services of several law firms, each one in accordance with
One Churchill Place, London E14 5HP their area of expertise.Further information is available on request.
United Kingdom

How to help
External auditor If you would like to support the work of IPPF or any of our national
Deloitte LLP, Registered Auditor affiliates by making a financial donation please visit our website at
Hill House, 1 Little New Street, London EC4A 3TR www.ippf.org or contact IPPF Central Office in London, UK.
United Kingdom

Internal auditor
Crowe UK (until July 2019)
St Bride’s House, 10 Salisbury Square,
London EC4Y 8EH
United Kingdom

RSM UK (commissioned on 1 May 2020)

The Pinnacle, 170 Midsummer Boulevard,
Milton Keynes, Buckinghamshire MK9 1BP
United Kingdom
 IPPF Financial Statements 2019

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.

Published in July 2020

International Planned Parenthood Federation
4 Newhams Row, London SE1 3UZ, UK

tel +44 (0)20 7939 8200

fax +44 (0)20 7939 8300

web www.ippf.org
email info@ippf.org

UK Registered Charity No. 229476

Cover image: IPPF/Isabel Corthier/Mozambique

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