EFAD is funded by members’ subscription fees. In 2014 this was approximately €93.000, which was 84% of total income.
Income from the annual conference made up 6% of income and collaboration on projects contributed 10% of total income.
In 2014 EFAD received funding for MyPACE, collaborative project between University of Bath, Brunel University, EFAD, EUFIC and White October, with the support of an unrestricted grant from The Coca Cola Foundation.
Staff costs made up 60% of total expenditure.
Travel and subsistence are re-reimbursed to staff and representatives for some invited duties undertaken on behalf of EFAD, equivalent to 20% of total expenditure.
The acounts can be seen here: EFAD annual accounts 2014.pdf