Annual report
DE Foundation is fully sponsored by D.E Master Blenders 1753. As a non-for-profit organisation, the foundation receives an annual donation of € 1.2 million. This money is spent on coffee and tea projects in accordance with the strategy agreed upon by the DE Foundation Board. Part of the money is for organisational costs, such as travelling expenses and to pay for the Foundation's programme manager.
Download the annual report 2007-2008 of the DE Foundation (PDF)
Download the annual report 2006-2007 of the DE Foundation (PDF)
Download the annual report 2005-2006 of the DE Foundation (PDF)
DE Foundation's administration separate from D.E Master Blenders 1753
The administration is kept entirely separate from D.E Master Blenders 1753. All payments are done on the basis of formal contracts with project partners. This includes project planning, activities, responsibilities and budgeted expenditure. Payments are to international project partners and, only as an exception, to local partners. DE Foundation has no aim to build up capital. Due to the complex planning of some projects, a base capital is held in reserve.
Financial overview
The DE Foundation financial year runs from 1 July until 30 June the next year. Below are overviews for the most recent financial years.
Financial year 2011
This is the third year where the DE Foundation had a planned negative financial result.
| Benefits | x € 1,000 |
| DEMB donation | 1,209 |
| Other donations |
0.4 |
| Total | 1,213 |
| Costs | x € 1,000 |
| Projects | 1,113 |
| Organisational costs | 54 |
| Total | 1,368 |
| Result | (155) |
Financial year 2010
For the second year in a row the foundation had, as planned, more costs than revenues.
| Benefits | x € 1,000 |
| DEMB donation | 1,209 |
| Other donations |
0.8 |
| Interest | 0.1 |
| Total | 1,209.9 |
| Costs | x € 1,000 |
| Projects | 1,017.4 |
| Organisational costs | 221.8 |
| Total | 1,239.2 |
| Result | (29.3) |
Financial year 2009
This is the first year in which the foundation had, as foreseen and budgeted, more costs than revenues.
| Benefits | x € 1,000 |
| DEMB donation | 1,209 |
| Fees & gifts | 2.5 |
| Interest | 19.7 |
| Total | 1,231.2 |
| Costs | x € 1,000 |
| Projects | 1,289.5 |
| Organisational costs | 164.4 |
| Total | 1,454.9 |
| Result | (223.7) |
Our methods and philosophy
The DE Foundation works to further sustainability in mainstream coffee and tea, working in particular with small-scale producers. In 3-5 years projects we work to improve the quality of their produce, support the implementation of sustainable practices and create market access with better prices.
Projects
To further sustainability of mainstream coffee & tea, DE Foundation executes projects all around the globe, working in particular with small-scale producers.