For 2013, RRI NGO received a total of 6,681,737.00 US Dollars funding from UNHCR for the construction of over 500 shelter units, 10 water projects and assistance to 8 IDP settlements in Baghdad and central Iraq. In 2014, RRI NGO received a total of 6.270.255.709,48 IQD (equates to about 5.225.213 €) funding for humanitarian aid projects.
You will find additional Information concerning RRI NGO finances in the annual financial report:
In 2015, RRI received 14.217.285,50 USD for humanitarian aid projects. The donors were UNHCR, UNICEF, UN-Habitat, UN-OCHA, the Federal Foreign Office of Germany and the German Embassy in Baghdad.
More than three quarters of the funds were spent directly on humanitarian aid. Only about 20% of the money was used to run the organization, which includes the payment of salaries, lease payment for office premises and security measures. Money allocated in the overhead cash register serves as a reserve fund for emergency actions and covers the NGO’s operational management procedures.
Moreover this money will contribute in projects requiring their own funds.
The estimated exchange rates used for calculations are:
1 USD = 1200 IQD
1 USD = 0,9 EUR
Shared capital: The capital fund of the organization amounts to 25.000.00 EUR. Nadine Flache owns 50 % of the capital fund (12.500.00 EUR). Arndt Fritsche owns 50% of the capital fund (12.500.00 EUR).
Donors: We work as an UN-Implementing partner and receive funds from UN-Organizations such as, UNHCR and UNICEF. We give detailed information concerning how funds are received and utilized in our financial reports.