UK operating recipient subject to foundation-level budget approval

WePROTECT Global Alliance Limited

WePROTECT Global Alliance Limited is the UK company identified in the Dutch foundation's 2023 accounts as fully controlled and included in consolidation. It receives a subgrant from the Stichting under disclosed budget conditions. This legal recipient is separate from the Alliance's wider membership umbrella.

Budget relationship

The accounts describe a 2021 subgrant agreement requiring the annual UK budget to be submitted to the Stichting and prior written approval for spending outside it. The foundation may deduct underspend from a later annual grant. Its standalone accounts report €1,520,482 of 2023 subgrant expenditure to the UK company. That internal flow is eliminated in group consolidation and is not an additional external donor contribution.

What the records show

Stichting The WePROTECT Global AllianceWePROTECT Global Alliance Limited

reports 2023 subgrant contribution

Financial year 2023

Standalone resources-expended note p21; internal flow eliminated in group consolidation. Do not add it to external donor income as new group resources. Financial details: value: 1,520,482; currency: EUR; kind: reported subgrant expenditure; period: 2023

Stichting The WePROTECT Global AllianceWePROTECT Global Alliance Limited

reports full control of its UK company

2023 accounts

Accounts p17 explicitly states full control; p10 includes the UK entity in consolidation. Does not make the umbrella membership a controlled subsidiary.

Stichting The WePROTECT Global AllianceWePROTECT Global Alliance Limited

requires prior written approval for spending outside annual budget

Agreement 2021 disclosed in 2023 accounts

Disclosure of 2021 subgrant terms; yearly UK budget submitted to the Stichting. Executed agreement and actual exception decisions not obtained.

Further reading

Oak → WeProtect: where resources become decisions

Read the original source 1

What the connections say

4 relationships