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Annual report Helpcode Italia 2020 - EN

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OUR STAKEHOLDERS

In order to report to its institutional donors on how their funding is used, Helpcode conducts

periodic checks in the form of self-assessments with a mission to monitor use of funding in the

field, producing a final mission report.

Self-assessments are performed by aligning indicators of project impact and output with those

requested by the institution donors.

A due diligence verification procedure may be conducted in the preliminary stages of the

project, in order to ensure possession of the requirements for obtaining funding. Due diligence

verification is subject to an audit by an external auditor, as stated in the requirements signed

with institutional donors.

In 2020, Helpcode aimed to collect at least 3 million euro from institutional donors. This

target was not reached due to the few competitions published by institutions, organisations

and government agencies during the year and the fact that no selection was made in the

competitions which Helpcode entered. In 2021 the Association has increased its target to

obtaining at least 4 million euro from institutional donors.

34 ANNUAL REPORT 2020

ANNUAL REPORT 2020 35

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