Tulisa

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Statement of accounts 2011

Profit and loss account – TULISA Foundation

  2011
Donations 55.477,00 €
Financial income 558,00 €
Total income 56.035,00 €
   
Costs for projects/patients 47.632,00 €
Administrative costs 2.211,44 €
Total expenses 49.573,44 €
Result 6.461,56 €
   
For information: Donations of the board members
(included in above stated donations)** 39.637,00 €

Remarks

* Under costs for projects/patients only those costs are summarized which are directly related to patients diagnostic/treatment. All administrative costs incurred by the Foundation are listed in full under administrative costs.

We try to keep the administrative costs as low as possible. At the same time we decided to cover these costs, as long as it is possible from our own pockets, so that donations of all donors can be used to 100% for the intended purpose. Therefore, we have listed the amount of donations by members of the board. So far we have achieved compliance with our goal. We are confident that we attain this in the coming years as well.