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The financing of the Theodora Foundation
The Theodora Foundation constantly monitors its expenditure and pursues a policy of transparency, especially with regard to the use of donations. The Foundation applies strict accounting and administrative rules. Its activities are regularly monitored by the Canton of Vaud’s Foundation Inspectorate (ASF). Its balance sheet is audited annually by the auditing firm PricewaterhouseCoopers.
Although it is not obliged to do so, the Theodora Foundation has chosen to go through the normal (or corporate) auditing process, which applies the strictest control criteria, in particular with regard to risk management and internal procedures.
Source of funds 2023
The foundation, which has been recognised as a non-profit organisation since 1995, does not seek any state subsidies. It renounces financial support from the hospitals and specialist care centres.
The financial resources are made up as follows:
61 % donations
18 % corporate partners
13 % legacies
8 % charity actions
2 % others
Use of donations
We would like to thank you very much for your generous contribution. It is only thanks to the great solidarity of private donors as well as companies that the little patients receive the visit of our artists.
The Theodora Foundation would like to sincerely thank everyone for their solidarity. The following diagram shows how your donation is used.
Use of donations 2023 :
80% core mission of the foundation: current and future visits of the Giggle Doctors to the little patients in Switzerland as well as the program “Solidarity Switzerland” in favor of activities with hospitalized children in Belarus, Hong Kong and Turkey.
13% fundraising and communication
7% support contributions for our European program activities
Annual report
Find the main facts, figures and highlights of the year 2023 in our activity report. A year of challenges, but also and above all a year marked by a magnificent surge of solidarity and many moments of laughter and joy offered to children.