Administration and Finance

General financial situation

Fondation Hirondelle saw its volume rise by 20% compared with 2022, with a total realized volume of CHF 14.8 million. This growth can be explained by an increase in our activities in Burkina Faso, Niger, CAR and Ukraine, despite complicated external factors such as the growing insecurity in the Sahel.

Fondation Hirondelle achieved a positive result of CHF 85,404, which is lower than for 2022. This result will nevertheless enable us to strengthen the organization by boosting its equity base.

Almost 90% of the Fondation’s expenditure is allocated to our projects in the field. Management and administration costs (Finance, HR, IT) account for 9% of expenses, while communication and fundraising costs represent 1.5%. All the 2023 accounts and expenditure indicators are presented in accordance with Zewo standards, for which Fondation Hirondelle has been certified since 2019.

An independent auditor has certified that the financial statements summarized below give a true and fair view of Fondation Hirondelle’s financial position. A full report of the 2023 financial statements is available on our website www.hirondelle.org.

Human resources

We conduct our work with a team of 296 professionals worldwide (as at December 31, 2023). Fondation Hirondelle has 257 national staff in the countries where we operate. The number of expatriate staff in the field was 10 at the end of 2023. There were 29 positions in Switzerland, including apprentices and trainees, corresponding to a full-time equivalent (FTE) of 19 at the end of 2023.

In addition to these employees, we have a large team of correspondents and freelancers who enable us to work staying as close as possible to our beneficiaries in the countries where we operate. We also regularly call on training experts to strengthen the capacity of our team partners.

Project expenditure

Financial resources

Foundations & corporate donors

We wish to thank the following for their support in 2022: Büchi Foundation, Däster-Schild Stiftung, Domaine Public, Fagus lucida-Stiftung, Fondazione aiuto alla cooperazione e allo sviluppo, Fondation Alfred et Eugénie Baur, Fondation d’Aide à l’Enfance et au Tiers-Monde, Fondation d’aide sociale et culturelle du Canton de Vaud, Fondation du Domaine de Villette, France & Thierry Lombard, Fondation genevoise de bienfaisance «Valeria Rossi di Montelera», la Fondation Internationale Prix Balzan, Fondation Isocrate, Fondation Madeleine, Fondation Philanthropique Famille Sandoz, Fondation Philanthropique Takoha E&D Wanner, Karl Popper Foundation, Temperatio Stiftung, anonymous foundation and individual donors.

Summary of Fondation Hirondelle accounts

The overall presentation of Fondation Hirondelle accounts meets the requirements of the Swiss norms GAAP RPC and GAAP RPC 21. This presentation gives a true and fair view of the financial situation and income of the organization. The accounts comply with Swiss law and the Fondation’s statutes. The summary of accounts is based on the annual accounts as of December 31, 2023, which have been prepared in accordance with the above-mentioned principles. The audit report of the annual accounts and the notes to the accounts for the financial year are available on our website at the following address: https://www.hirondelle.org/en/who-we-are/financial-audit

Balance sheet as of december 31 (in Swiss francs)

Operating account of fondation Hirondelle (in Swiss francs)

Table of capital variation (in Swiss francs)