Board report

The entire board only met once in 2006, in April. The second planned meeting was shifted from November to January, and will be included in the 2007 annual report. The daily board met once per month with other members of the daily management, with the exception of July, when no meeting was held. From September, chairman of the board Loek van den Boog was no longer part of the daily management. In order to maintain his involvement, he is regularly updated on the state of affairs by the general manager.

The annual report for 2005 was approved during the board meeting of April 2006. A separate board report will not be made, given how integrated it is. Ozlo Accountants was appointed as external accountant for a three-year period, and will also be verifying the 2006 annual report.

In addition to the regular and statutorily defined issues, such as approval of the plans and the budget, defining annual accounts, and defining the terms of office, a number of topics tabled during this year deserve special attention and explanation:
 
Subsidy application for co-financing agreement (MFS)
In 2005, the first contacts were made for participation in a subsidy application together with four other organisations. The initiative in question is a joint operation of ICS (International Child Support) and Wilde Ganzen, who asked KidsRights, the Zeister Zendingsgenootschap and Net4kids to participate. The application, under the name Change for Children, is for a total amount of € 28 million (7 million per year for four years). € 23 million was obtained.

Advantages for Net4kids consist of subsidy funds that will triple our donations, such as the Wilde Ganzen Premie Plus Plan. Voor project partners, this can provide them with the running start they need, and for donors it can be an additional reason to donate. A second advantage is that Net4kids receives financial support for the development of new fundraising concepts. Thirdly, thanks to the programme an international network of organisations will be created that use the Net4kids model. This creates a strong international platform that also makes local fundraising more accessible.

Financially, the Net4kids share is for a few hundred thousand euros. The advantages in the area of child aid are however far broader, which was an important reason for our participation.

Expansion of Continuity Fund postponed
With the above kept under consideration, the decision was made not to supplement the Continuity Fund with external capital in 2006. This decision was made based on the time investment that full implementation requires versus the manpower shortage Net4kids Organisation is facing. The efforts required would be better spent finding organisation sponsors. Expansion of the Continuity Fund with € 3 million provides a better perspective in the long term, but is not an end in itself. The primary goal, creating returns, was set for € 42,000 in 2006.
 
Annual overview
The board is pleased with the developments, but also shares the concerns about the strong growth Net4kids is undergoing. The appointment of a new general manager for Net4kids Organisation was a positive step in this regard. This person has the key task of providing a framework for the ever progressing professional growth of the organisations while maintaining and formalising their close relationship.