Transparency

EFAD Transparency statement

EFAD understands that visitors to this website, our partners and members would like to know more about who we are, what we do and whether we achieve our ambitions. We want to be honest and provide information in a responsible way which is clear and easy to understand.

EFAD is registered:

European Commission Transparency Register with Identification number: 99138006725-91

Chamber of Commerce, Eindhoven, The Netherlands KvK-number 40215656

Finances

Income
Income in 2019 came from member subscription fees which were €124.000 (60%), conference €18.000 (9%) and surplus on projects of €11.000 (5%).  

Expenses
Expenditure included €71.000 (38%) on staff/consultancy/honoraria costs, €25.000 (14%) on travel and subsistence, €20.000 on General expenses (11%) and €10.000 (5%) on office expenses.

EFAD is a Professional Association and non-governmental organisation that maintains independence and integrity at all times. EFAD's guidelines for sponsorship and partnership with industry aim to increase EFAD's potential to access funds or services from companies or foundations while maintaining the integrity of EFAD and the independence and professional standing of its members. A wide range of options exists for the collaboration of EFAD with the industry. Such collaborations can mutually support the aims of EFAD and of the collaborating organisation. Forming new alliances is a positive way forward for EFAD in promoting its aims and its aspirations.

Principles and Guidelines for Transparent Collaboration with Private Sector and other Third-Party Organizations

Last updated April 2020