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Where our money comes from
In the year to 31 March 2012, BBC Media Action received £29.5 million. The principal funding source was grants receivable from international bilateral donors. This enabled us to work on 67 projects.
This summary financial information has been extracted from the Annual Report for the year to 31 March 2012, which has been independently audited by KPMG LLP.
In 2011/12 the biggest donor was the British Government's Department for International Development (DFID) that directly supported a number of projects around the world, as well as projects where BBC Media Action was a junior partner on a project led by another organisation.
In November 2011, we were successful in agreeing a Global Grant with DFID that significantly increases their level of funding over a five year period, while wrapping all existing direct grants into one overall agreement.
Other major governmental funders are the British Government's Foreign and Commonwealth Office and the European Union.
Many other government aid agencies also fund pieces of work. For instance, the Norwegian Government provided an important core grant in 2011/12.
We receive project grants from a number of UN organisations and these are consolidated in the annual report.
We also receive project funding from a number of charitable foundations of which the most significant is the Bill and Melinda Gates Foundation that funded work in India in 2011/12.
We do not receive funding from the BBC licence fee. However, we are grateful that the BBC provides BBC Media Action with office space and a small grant from the World Service.
As a charity, we raise funds from individuals and companies and receive some services pro bono from companies. Though this represents a comparatively small income stream it is critically important to the organisation because it is flexible. This means the funding can be used as a catalyst for projects that then inspire something much larger. Find out more about BBC Media Action's Catalyst Fund and our Corporate Leaders Group.
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