ifaw-united-kingdom-charity-financial-statements-2010-2011

INTERNATIONAL FUND FOR ANIMAL WELFARE 

(Limited by guarantee) 

Company registered number 2701278 

Charity registered number 1024806 

Annual report and financial statements 

for the year ended 30 June 2011

International Fund for Animal Welfare (IFAW) 

Annual Report and Financial Statements 

for the year ended 30 June 2011 

CONTENTS 

Trustees and advisers 

Trustees’ report 

Independent auditors’ report 

Statement of financial activities 

Balance sheet 

Statement of cash flows 

Notes to the financial statements 

Pages 

1 

2 – 19 

20 – 21 

22 

23 

24 

25 – 40


Trustees and advisers 

Trustees Elliot G. Carr 

Manilal P. Chandaria 

Alexandra Denman 

Margaret Kennedy 

Christopher Matthews 

David A. Metzler 

Thomas O’Neill III 

Marie-Louise Palandjian 

Thomas Ramey 

Kathleen Savesky 

Victoria Stack 

Brian Hutchinson 

Sean Rocks 

Michael Mainelli 

Chief executive officer Frederick O’Regan 

Company secretary Robbie Marsland 

87-90 Albert Embankment 

London 

SE1 7UD 

Independent auditors PricewaterhouseCoopers LLP 

Chartered Accountants and Statutory Auditors 

7 More London Riverside 

London SE1 2RT 

Solicitors Bates, Wells & Braithwaite 

2-6 Cannon Street 

London 

EC2M 6YH 

Bankers Lloyds TSB Bank plc 

Pall Mall St James’ Branch 

8-10 Waterloo Place 

London 

SW1Y 4BE 

Investment advisors Holden & Partners 

113-117 Farringdon Road 

London 

EC1R 3BX 

Brokers Rathbones Investment Management Limited 

159 New Bond Street London 

W1S 2UD 

Registered office 87-90 Albert Embankment 

London 

SE1 7UD 


1

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Trustees' report 


The trustees present their report and the audited financial statements of the charitable company for the year ended 

30 June 2011. 

Structure and Governance 

International Fund for Animal Welfare (“IFAW Charity” or “the Charity”) is a private company limited by 

guarantee, registered in England and Wales, and is registered as a charity with the Charity Commissioners of 

England and Wales. IFAW Charity is based in London, and is part of a worldwide group of non-profit 

organisations, which collectively comprise the International Fund for Animal Welfare (“IFAW”). IFAW has offices 

in fourteen countries and supports animal welfare and conservation projects in more than forty countries around 

the world. The mission of IFAW is: 

To improve the welfare of wild and domestic animals throughout the world by reducing commercial 

exploitation of animals, protecting wildlife habitats, and assisting animals in distress. 

IFAW seeks to motivate the public to prevent cruelty to animals and to promote animal welfare and 

conservation policies that advance the well being of both animals and people. 

IFAW Charity was incorporated on 27 March 1992 in compliance with Companies Act 1985. Governance is by a 

Board of Trustees and Memorandum and Articles of Association. The Board of Trustees (also referred to as the 

“Directors” or “Board of Directors” or “BOD”) is comprised of members from several countries, three of whom 

are residents of the UK. 

Effective 8 August 2009, IFAW Charity changed its legal name from IFAW Charitable Trust changed to 

International Fund for Animal Welfare. In addition, effective 15 July 2009, the Charity’s UK-based non-charitable 

affiliate, International Fund for Animal Welfare (“IFAW UK”) (registered number 1556892) changed its name to 

International Fund for Animal Welfare, IFAW in Action (“IFAW IA”). 

Acquisition of activities 

During the first quarter of fiscal year 2010, IFAW IA’s Directors resolved to transfer virtually all assets, liabilities, 

human resources and operations of IFAW IA to IFAW Charity for no consideration in the form of an 

unconditional grant. Following the transfer of net assets and activities, the IFAW IA will continue normal 

operations in a limited capacity. Activities, such as those expressly prohibited by the Charities Commission, will 

be maintained within the IFAW IA. The transfer, which was approved with an effective date of 30 November 

2009, was completed during the fiscal year 2010. The total value of the net assets received was £764, 621. 

Financial interactions between IFAW Charity and IFAW IA, are defined by a Framework Agreement approved by 

the Trustees. The Charity maintains documentation of minutes and resolutions at its office. The Charity shares 

office space and some administrative services with IFAW IA. These services are defined in the Framework 

Agreement. IFAW Charity’s Trustees are charged with ensuring that the formula for that Agreement is regularly 

reviewed for accuracy and representative apportioning. The apportioning methodology is reviewed periodically to 

validate time and effort analysis. The methodology is maintained in the Charity’s Operating Manual. Records and 

management documents are kept separately for the two organisations. 

Objects and principal activities 

The objects of IFAW Charity are to advance the welfare and conservation of animals throughout the world by: 

• reducing commercial exploitation of animals, 

• helping animals in crisis or distress, 

• working to prevent cruelty and suffering to wild animals and domestic animals, 

• protecting, conserving and preserving terrestrial and marine wildlife habitats, and 

• educating policy makers and the public in respect of the foregoing.

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Trustees’ report (continued) 

Trustee appointment 

The guarantors of the Charity are the Trustees who are also the members. The liability of each guarantor is limited 

to £1. During fiscal year 2010, Robert Monahan resigned as a Trustee of the Charity. Each of the Trustees or 

members listed on page 1 of this report served during the year and up to the date of signing the financial 

statements. 

Potential Trustees are recommended by staff, friends or existing Trustees. Qualified Trustees are nominated and 

approved by the full Board of Trustees. Once appointed, Trustees participate in an orientation session and are 

provided a manual which contains information such as IFAW mission and values statements, organisational charts, 

BOD directory, programmatic overviews, BOD committee structures, financial overviews, by-laws and conflict of 

interest policy. The maximum number of Trustees is not limited, but the minimum number is three. Currently, 

there are 14 Trustees. 

Statement of Trustees' responsibilities 

The Trustees (who are also directors of IFAW Charity for the purposes of company law) are responsible for 

preparing the Trustees’ Report and the financial statements in accordance with applicable law and United 

Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company law requires the Trustees to prepare financial statements for each financial year which give a true and 

fair view of the state of affairs of the charitable company and of the incoming resources and application of 

resources, including the income and expenditure, of the charitable company for that period. In preparing these 

financial statements, the trustees are required to: 

• select suitable accounting policies and then apply them consistently; 

• observe the methods and principles in the Charities SORP; 

• make judgments and estimates that are reasonable and prudent; 

• state whether applicable UK Accounting Standards have been followed, subject to any material departures 

disclosed and explained in the financial statements; and 

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the 

charitable company will continue in business. 

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at 

any time the financial position of the charitable company and enable them to ensure that the financial statements 

comply with the Companies Act 2006. They are also responsible for safeguarding assets of the charitable 

company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

In so far as the trustees are aware: 

• there is no relevant audit information of which the charitable company’s auditor is unaware; and 

• the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant 

audit information and to establish that the auditors are aware of that information. 

The Trustees are responsible for the maintenance and integrity of the corporate and financial information 

included on the charitable company’s website. Legislation in the United Kingdom governing the preparation 

and dissemination of financial statements may differ from legislation in other jurisdictions. 

Relationship to the International Fund for Animal Welfare, Inc. 

IFAW US, a company established under the laws of the Commonwealth of Massachusetts (USA) and registered 

with the U. S. Internal Revenue Service under Section 501(c)(3). As a charitable organisation IFAW US possesses 

a mission consistent with the objects of the Trust. In addition, IFAW US provides certain programme, fundraising 

and administrative services to all the IFAW entities. Such services include international headquarters programme 

direction and management support, services of officers, and certain finance, technology and human resource 

support, and other support services. These services are charged to the Charity at cost.

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Risk management 

The Charity faces many financial and non-financial risks. The Trustees actively monitor key risks, and perform 

periodic assessments of the effectiveness of its risk management systems and procedures. The assessment process 

includes: 

• a review of the risks the Charity faces in fundraising, investment and reserves management and commitments; 

• a review of systems in place to mitigate risk and timely to down-turns in performance/revenue or upturns in 

programme demand; and 

• regular reviews and initiatives to minimise the impact of external risk factors on the Charity. 

Reputation and external forces risk 

IFAW Charity has established a reputation for being a leader in the field of animal welfare and habitat protection. 

The Charity takes strict measures to ensure that its programme, fundraising, and governance activities comply 

with its charitable objects. Further, the Charity monitors external forces to ensure it complies with relevant 

regulations and industry best-practices. 

Financial and physical assets misappropriation risk 

IFAW Charity maintains robust controls over its physical and financial assets. Controls are monitored and 

reviewed routinely to ensure that they are properly designed and functioning effectively. 

Credit risk 

Credit risk on amounts owed to the Charity is low. The majority of debtors relate to accrued legacies and amounts 

due from affiliated organisations. 

Income and liquidity risk 

IFAW Charity is reliant upon donations from its supporters to finance activities in support of achieving its objects. 

Cash flows are continuously monitored and evaluated to ensure cash outflows associated with its operational 

activities are matched by inflows from donations and investment income. The Charity has a reserves policy which 

contains a stated goal of maintaining reserves (defined as unrestricted funds) of approximately 6 months of 

operating expenses. As noted in the Financial review section (page 5), the IFAW Charity maintained reserves of 

approximately 6 months at 30 June 2011 compared to 7 months at 30 June 2010. 

Foreign exchange risk 

The Trust maintains its funds in Sterling, and most expenses are incurred in Sterling and US dollars. During fiscal 

year 2010, the Trustees adopted a foreign exchange management policy designed to reduce volatility and 

unpredictability of payments for purchases of goods and services denominated in US dollars. The policy provides 

for the Charity to enter into foreign currency purchase and sale contracts with IFAW US. As of 30 June 2011 and 

2010, the Charity had not entered into any such contracts. 

Following the reviews of the Charity’s risk management systems and procedures, the Trustees are satisfied that the 

above risks are adequately monitored and mitigated. 

Reserves Policy 

Careful consideration is always given to financial resource needs for planned programme and emergency response 

activities as well as the Trustees’ fiduciary responsibility to grow the Charity’s funds base through prudent 

investment management. IFAW Charity management and Trustees strive to maintain unrestricted, general fund 

balances (supported by liquid assets, including cash), equivalent to approximately 6 months operating expenses. 

The Charity maintains general and designated reserves as follows: 

• General fund: reserves intended to provide the Charity with the operating funds, the ability to be responsive to 

opportunities, and funds to ensure the sustainability of its objects during down-turns in donation income. 

• Designated fund: reserves “set aside” by the Trustees to provide operating and capital funds for the Song of 

the Whale.

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At 30 June 2011, reserves (defined as fund balances, net of permanent restrictions), were ₤10.8 million or 

approximately 6 months of fiscal year 2011 annual expenditures. Although reserves balances increased from £8.2 

million, the increase in annual expenditures during fiscal year 2011 reduced the monthly coverage ration from 7 

months as of 30 June 2011. 

Investment policy and performance 

IFAW Charity’s investment policy stipulates that investments be allocated between fixed income and equity 

investments in ratios ranging from 20% – 40% and 60% - 80%, respectively. Further, the policy provides for an 

ethical mandate which requires screening of all portfolios to ensure underlying investments are in companies 

engaged in animal and habitat-friendly business practices. Investment manager (Rathbones Investment 

Management Limited) compliance with the policy is monitored monthly by an investment advisor, Holden & 

Partners, and semi-annually by the Trustees for appropriateness considering performance and programme 

demands. 

During fiscal year 2011, portfolio market values increased £280 thousand compared to increases totalling £247 

thousand during fiscal year 2010. Fiscal year 2011 overall portfolio growth of 18% was reasonably comparable to 

broader market increases of approximately 20% for the same period. The better-than-expected market 

performance resulted in investment values of £2.2 million at 30 June 2011 compared to £1.9 million at 30 June 

2010. 

Financial review 

The accounts, which constitute an integral part of this report, comply with the requirements of the Accounting 

and Reporting by Charities: Statement of Recommended Practice (“SORP”). The trustees consider that in 

preparing these accounts, they have consistently applied appropriate accounting and reporting policies 

supported by reasonable and prudent judgements and estimates where required. 

Sources of funds for charitable expenditure 

Prior to November 2009, IFAW Charity’s revenue sources were largely limited to lottery and legacy activities. In 

November 2009, virtually all fundraising activities in IFAW in Action ceased and commenced in IFAW Charity. 

Fiscal 2011 was the first full year where all fundraising occurred in the Charity. These activities, largely comprised 

of multi-purpose direct mail appeals (newsletters and sustainers appeals that educate/advocate as well as 

fundraise), sweepstakes and legacies produced additional income for IFAW Charity totalling approximately £6 

million, £1.3 million and £600 thousand respectively. Gift aid income, totalled £2.2 million in fiscal year 2011 

compared to £1.1 million in fiscal year 2010. 

Lottery initiatives during fiscal year 2011 were reduced from fiscal year 2010. Although the Charity conducted 

four drawings (consistent with fiscal year 2010) less appeals were mailed. Lottery income declined from £839 

thousand to £778 thousand. 

Expenditures of funds for charitable expenditure 

Increased funds received during fiscal year 2011 gave rise to an increase of net income available for charitable 

expenditure of approximately £6.9 million (£20.2 million in fiscal year 2011 compared to £13.3 million in fiscal 

year 2010). As a result IFAW Charity was able to increase its overall charitable expenditures £5 million during 

fiscal year 2011 to £15.1 million. 

In addition, the Charity increased its grant support to like-minded organisations that campaign in support of 

animals and their habitats. During fiscal year 2011, grant expense totalled £6.4 million compared to £4.4 million 

during fiscal year 2010. The largest grants were made to IFAW US, an affiliated organisation, which used the 

funds to support programmatic activities in Kenya, the Middle East and the United States. 

The Song of the Whale, which did not sail during Fiscal 2010, resumed normal research activities in Fiscal 

2011. In September 2010 SOTW was used by IFAW Charity to conduct a three-week beaked whale research 

project in the Northern Atlantic. This voyage was extended an additional week with financing obtained from 

Trustees’ report (continued)

6 




the government of the Republic of Ireland. The final leg of the beaked whale research project occurred in 

March of 2011. SOTW sailed in May and June of 2011 conducting an English Channel porpoise survey and ship 

noise measurements in the English Channel. In July of 2011 (fiscal year 2012), SOTW sailed to London and then 

embarked to Jersey with members of IFAW to take an anti-whaling message to this year’s meeting of the 

International Whaling Commission (IWC). In mid July through mid August, SOTW was contracted by the Cape 

Farewell charity to conduct a Herbrides (Scotland) Expedition. In late August of 2011, SOTW sailed The Minch 

in Scotland for one week completing the ship noise measurement research that began in June. 

Programmatic goals and accomplishments 

The Trustees confirm they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard 

to the Charity Commission’s general guidance on public benefit. 

IFAW administers its programme activities through its Department of Programmes, which comprises the 

following priority areas: 

• Whales 

• Seals 

• Elephants 

• Wildlife trade 

• Companion animals (helping dogs and cats) 

• Animal Rescue (which includes emergency response and wildlife rehabilitation/sanctuary) 

• Animal action education initiative 

• Regional Priorities (hunting with hounds in the UK, tigers in China, India and Russia, marine turtles in 

the Caribbean and wolves in Germany) 

Further, IFAW’s Animal Action Week initiative, which is conducted in primary schools, educates children 

about animals and their habitats. During fiscal year 2011, the Animal Action education theme focused on saving 

the last of the wild tigers and special initiatives, such as the Roar! Global Youth Voices compilation of videos 

from children around the world in support of tiger conservation. IFAW integrated the video into the Global 

Tiger Summit held in St. Petersburg. 

Through a combination of direct expenses and grants, working as an integral part of IFAW’s international 

campaigns, IFAW Charity made significant contributions to the organisation’s strategic priorities in fiscal year 


IFAW Charity expenditures for institutional support services helps to fund mostly U.S.-based staff and facilities 

responsible for programme policy and leadership, direct -mail education and awareness production and logistics, 

and supporter services for all of IFAW global animal welfare campaigns and projects. 

In addition to direct funding of strategic priority campaigns, during fiscal year 2011, the Charity provided 

grant funding to IFAW US totalling £15 million. This funding contributed to IFAW’s animal welfare work in 

our Middle East, India, East Africa, Russia, and Washington DC offices as well as initiatives such as IFAW’s 

global online presence, communications and public outreach efforts on behalf of all our animal welfare 

campaigns. 

ELEPHANTS 

IFAW is working to ensure elephants live free in secure and viable habitats and to eliminate threats to elephants 

from the ivory trade. IFAW’s efforts address elephant populations throughout Africa and Asia. 

During fiscal year 2011, IFAW Charity expended approximately £502 thousand on awareness and advocacy for 

elephant protection.

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During fiscal year 2011, IFAW Charity used direct mail initiatives to educate supporters about threats to 

elephants and their habitats. Further, supporters were asked to take actions to protect elephants and their 

habitats. 

During fiscal year 2011, the Charity provided grant funding to IFAW US totalling £4.4 million of which £479 

thousand helped fund elephant activities as follows: 

IFAW takes a holistic approach to habitat protection that focuses not only on entire populations but also on 

individual animals. 

For several years, we’ve provided funds to purchase habitat for elephants and other wildlife. This year, IFAW 

was able to expand important corridors and dispersal areas that allow for elephant movements in ecosystems 

such as Addo Elephant National Park in South Africa. A fence between two sections of the park was taken 

down, enlarging the habitat. The expanded territory was made possible by an IFAW donation which was used to 

purchase land. 

IFAW-Kenya Wildlife Service Tsavo Conservation Area, East Africa 

Tsavo National Park, at 22,000 square kilometres, is Kenya’s largest national park. Because of its size, it’s 

divided into Tsavo West and Tsavo East. 

The IFAW-Kenya Wildlife Service Tsavo Conservation Area (KWS TCA) project is based on the premise that 

effective habitat conservation management must embrace a holistic approach addressing six key thematic areas: 

1. Basic park operations, 

2. Law enforcement, 

3. Human wildlife conflict resolution, 

4. Management oriented research, 

5. Conservation education and 

6. Community conservation. 

IFAW seeks to showcase this project as a model of habitat wildlife management and conservation in East, West 

and Central Africa. Tsavo Conservation Area is the largest contiguous protected area in Kenya, and is home to 

Kenya’s biggest single population of African elephants. It comprises three National Parks, three National 

Reserves, ranches, farms and community lands. 

The overall objective of IFAW / KWS TCA project is to reduce the rate of loss of biodiversity in the Tsavo 

Ecosystem by minimizing negative impacts of commercial poaching, human-wildlife conflict, loss of habitat, 

and improving community awareness and sustainable benefits related to wildlife conservation. This will be 

achieved through and enhancing basic park operations and infrastructure, law enforcement, human-wildlife 

conflict resolution, research, conservation education and community conservation. It will be done over a period 

of five years and this is the sixth year of implementation 

Amboseli National Park, Kenya 

The Amboseli ecosystem covers an area of about 5,700 square kilometers (2,200 square miles) stretching 

between Mt. Kilimanjaro, Chyulu Hills, Tsavo West National Park and the Kenya and Tanzania borders. 

Administratively, the ecosystem consists of Amboseli National Park and six surrounding group ranches. The 

park’s 390 square kilometers (150 square miles) contains less than 10% of the ecosystem, making dispersal to 

the surrounding group ranches a critical factor for the well-being of elephants and wildlife in general. 

About 1,400 elephants live in the Amboseli ecosystem. However, due to poor land-use and management 

policies, the Amboseli area is becoming increasingly fragmented. Therefore, IFAW’s primary strategic

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approach focuses on ensuring that critical corridors for dispersal from the park, some of which are in Tanzania, 

are secured. Experts predict that--without corridors and dispersal areas--the park cannot sustain its elephants. In 

addition, poaching for ivory remains a threat in Amboseli. IFAW also is working with the Kenya Wildlife 

Service and Dr. Cynthia Moss on research about the impact of a recent drought that killed many of the 

matriarch elephants in Amboseli so that insights regarding elephant response to environmental stress, behaviour 

and land-use patterns can inform management plans that help elephant and human communities thrive. 

Liwonde National Park, Malawi 

Liwonde National Park, which measures 550 square kilometers or 212 square miles, is Malawi’s most important 

national park. It is home to about 500 elephants and many other species of wild animals, including black rhinos, 

hippos and sable antelope. It is a critically important area for biodiversity in a country fraught with highly 

fragmented habitats, poor land-use policies and numerous socio-economic challenges. 

IFAW is working with the Malawi government's Department of National Parks and Wildlife on a 5-year 

programme to restore Liwonde as a safe haven for wildlife. 

Mega-Parks for Meta-Populations Project, Southern Africa 

IFAW is collaborating with the University of Pretoria's Conservation Ecology Research Unit (CERU) on the 

Metapopulation in Megaparks Project. The project aims to further our understanding of the dynamics of 

elephant populations in southern Africa, home to about 70% of Africa's elephants. The majority of populations 

in the region are either growing or stable. However, park managers and conservationists are increasingly 

concerned about the potential impacts of elephants on human livelihoods and on biodiversity in certain areas. 

IFAW’s research projects with CERU focus on three areas: 

• Understanding the spatial and temporal dynamics of elephants. We are discovering how elephants use 

space--through collaring projects, population assessments, and so on--and how spatial dynamics and 

population variables (births, deaths, growth rates, etc.) change over time. 

• Understanding elephant-plant/biodiversity interactions. We are studying how elephants interact with 

their environments considering factors such as fences and artificial water sources that can shape 

elephants’ behaviour. This information can be used to guide management strategies. 

• Understanding human-elephant interactions by correlating human demographics with elephant 

population dynamics through computer modelling, we can understand where elephant range and 

human activities will overlap in the future. This is the first regionally focused approach to managing 

future human-elephant interactions that we hope will inform conservation planning and management 

policies. 

During fiscal year 2011, the Charity provided support to Wildlife Trust of India (WTI) totalling £247 thousand, 

some of which helped to protect elephants in Manas Park. 

Manas National Park, India and Bhutan 

Located in the far north of India and partially in Bhutan, Manas National Park is among the most important of 

India’s wildlife conservation areas. Twenty-one animal species listed in Schedule 1 of India’s Wildlife 

(Protection) Act 1972 live in the grassland ecosystem of the park, including tigers, Asian elephants, one-horned 

rhinos, golden langurs and golden cats, hispid hares, swamp deer, gaur and clouded leopards. 

During civil unrest in the 1980s and early 1990s, the local wildlife was devastated. In little more than a decade 

the area lost almost all of its 100 rhinos, many swamp deer and wild buffaloes, as well as large numbers of 

elephants and tigers.

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As the region became more stable, IFAW, working with the Wildlife Trust of India and the Assam Forest 

Department, helped repopulate the park and re-establish it as one of the most exceptional wildlife parks in the 

world. Our work includes support for rangers and the infrastructure that helps them protect animals in the park 

as well as the reintroduction of wildlife, mainly elephants and rhinos from our rehabilitation centre located in 

Kaziranga region of India. 

So far, 6 rhinos and 11 elephants have been released into Manas, including a group of 5 elephants in fiscal year 


In June 2011, UNESCO upgraded Manas Wildlife Sanctuary from the List of World Heritage in Danger, 

reflecting the revival of the formerly beleaguered protected area. 

SEALS 

The Seals programme is divided into four initiatives, all strategically designed to work toward ending 

commercial seal hunts. These overlapping and complementary areas include political campaigning in Canada, 

trade ban work in Europe, a national ban on seal hunting in Russia and documentation of the Canadian 

commercial hunt by the Hunt Watch team each March. 

• During fiscal year 2011, IFAW Charity used direct mail initiatives to educate supporters about the 

cruelty of commercial exploitation of seals, and asked supporters to take actions to protect them. 

Achievements and activities in our Seals programme in FY11 included: 

• The European Union ban on products from the commercial seal hunt in Canada, implemented in 

August, is perhaps the largest single victory in IFAW’s 40-year campaign to end commercial seal 

hunting. The ban covers everything from seal pelts to health supplements made from seal oil. 

• In 2011, the reported number of seals killed during the commercial seal hunt in Canada was an 

estimated 38,000 down from more than 300,000 in some years. However, IFAW’s Hunt Watch 

documented some of the worst cruelty and violations of standards intended to make the hunt humane 

that we have ever documented. 

• Canada persists in trying to have the seal ban lifted by appealing to the World Trade 

Organization. So far, they have not had much success. The European Parliament passed an 

amendment to a motion for resolution on EU-Canada trade relations. The amendment expresses “the 

strong hope that Canada will withdraw the WTO challenge.” 

• Canada is aggressively pursuing new markets for seal pelts and seal meat in China. IFAW’s 

China office has been campaigning against the use of China as a market for products that 

nobody else wants. Our China office staff participated in several meetings with high-level 

officials in China to discuss the cruelty of the seal hunt. IFAW participated in the Zebra 

Festival Chengdu, one of China’s pop music festivals. The organizing committee of the music 

festival offered IFAW three tents for animal-themed exhibitions (IFAW was the largest of all 

the NGO attendees). The festival mainly attracts young people. The exhibits were Seals, Ivory 

and Human and Animal Bond, which reflects IFAW China’s efforts in the Sichuan Wenchuan 

earthquake. 

• In May and June, six adult gray seals were found shot to death on Cape Cod beaches in the United 

States. IFAW donors and staff offered a $5,000 reward for information leading to an arrest of whoever 

is responsible. Although the culprit or culprits haven’t been found, the attacks on gray seals stopped 

after IFAW announced its reward.

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• The Highland Seal Hospital rescues and rehabilitates sick, injured and orphaned seals in the North of 

Scotland, close to John o' Groats. There are no other facilities in the area, yet the North of Scotland is 

home to the greater portion of the UK's seals. Both Harbour and Grey seals are rescued, rehabilitated 

and released into the wild. They also provide rescue to stranded cetaceans in the area. 

WHALES 

The Whale programme is divided into four areas: Ending Commercial Whaling, Whale Watching, Reducing 

Accidental Injuries (noise, entanglements and ship strikes), and Song of the Whale, IFAW’s non-invasive 

research vessel. In addition, certain regions are undertaking regional/national marine mammal work that 

advances international campaign goal in their regional context. 


whale protection. 

During fiscal year 2011, IFAW Charity used direct-mail initiatives to educate supporters about the cruelty of 

commercial exploitation of whales, and asked supporters to take action to protect them. 

During fiscal year 2011, the Charity provided grant funding to IFAW US totalling £4.4 million, of which £839 

thousand helped fund whale activities. 

Ending Commercial Whaling outcome goals: 

• The International Whaling Commission upholds the commercial whaling moratorium and expands its 

conservation mandate. 

• Japan suspends its JARPA II scientific whaling programme. 

• Iceland, Norway and Japan reduce their whaling activities. 

Whale watching outcome goal: 

• Coastal communities recognise the benefits of whale watching over whaling. 

Reducing Accidental Injuries (noise, entanglements and ship strikes: 

• Ocean noise is recognised and regulated as a pollutant in international and national legislation. 

• Regulations and best practices are adopted to protect whales from ship strikes, entanglements in fishing 

gear, and other human-caused threats. 

Song of the Whale: 

• Investigated the efficiency of detecting beaked whales by acoustic methods and carry out empirical 

exploration of habitats for beaked whales in te North Sea and British and French waters of the Channel. 

• Record noise spectra of different types of commercial ship traffic such as ferries in the Channel. 

End Commercial Whaling 

IFAW Charity leads IFAW’s global campaign against commercial whaling in Iceland. 

• Iceland: “Meet Us Don’t Eat Us” campaign: IFAW launched in a June a major new tourist campaign— 

“Meet Us Don’t Eat Us”--in coordination with whale watch operators, well-known Icelandic actors and 

UK, US, German and EU embassies. Despite the cruelty involved in whaling and limited appetite for 

whale meat among Icelanders, an estimated 40% of tourists are persuaded to eat whale meat under the 

mistaken belief that it is a traditional Icelandic dish. This means that whales are killed each year just to

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be sampled by curious tourists. The campaign urged tourists to enjoy whale watching trips, rather than 

dining on whale meat in restaurants. 

• Dutch parliament resolved to fight Icelandic whaling: IFAW staff in the Netherlands celebrated a major 

victory in November when parliament declared that Iceland should not be allowed to join the European 

Union unless it immediately stops whaling and trade in whale products. The Netherlands is just the 

latest in a growing list of nations IFAW has convinced to speak out against the cruelty of commercial 

whaling. 

• IFAW helped secure an International Maritime Organization (IMO) ban on use of heavy fuel below 60 

degrees south, limiting deployment of Japanese factory whaling vessel Nisshin Maru and 

recommendations for quieting noisy vessels worldwide. 

• Extensive consultations with key Monegasque government representatives and other government 

officials leading to introduction by Monaco of a new initiative at the United Nations for a global ban on 

directed takes of cetaceans on the high seas. 

• A lawsuit that IFAW joined resulted in a court order for Canadian government to conduct 

environmental impact statement regarding hunting of the Vancouver Orca population. 

Reducing Accidental Injury to Whales – Other threats to whales 

• IFAW US is partnering with NOAA’s Stellwagen Bank National Marine Sanctuary, the United States 

Coast Guard, and the maritime shipping industry to prevent ship strikes of endangered Right Whales. 

• We conducted disentanglement training and gear-modification workshops in four fishing communities 

in Zanzibar, resulting in distribution of 4,000 weak links, safer fishing practices and humpback whales 

rescued from entanglement. 

• We developed and deployed new iPad acoustic warning system to protect and enhance mariner 

awareness of North Atlantic Right Whales (public launch pending) with IFAW directly engaging cruise 

lines, Port of Boston and other key actors. 

• We undertook grant projects and advocacy efforts leading to US NMFS announcing consideration of a 

critical habitat listing for Right Whales at Jefferies Ledge based on IFAW supported science 

• We engaged longstanding IFAW contractors to update and release new version of Logger software, 

now the most widely used ecological sighting software in use. 

• IFAW acoustic research was cited in Cook Inlet Beluga population endangered status listing. 

• The Campobello Whale Rescue Team maintained and expanded the reporting network for marine 

mammals in distress, to respond to reports of entangled and entrapped marine mammals and to 

disentangle or release animals when it is safe and feasible. The area of operations was the east coast of 

Canada (Bay of Fundy and Gulf of Maine). 

Whale Watching 

• The Floating Classroom programme in the Caribbean is a hands-on, interdisciplinary programme that 

excites students about responsible ocean stewardship and conservation of all marine life using whales, 

dolphins, and other charismatic mega fauna examples. Upon conclusion, participating students and their 

families will view Dominica’s marine life as more than just a resource for consumption but rather 

valuable wildlife that requires their responsible action for preservation. For this fiscal year, IFAW 

secured the Ministry of Education involvement and delivered new, professionalised Floating Classroom 

educational programme in 12 schools across Dominica, W.I. with significant community, media and 

government support. Results included: 

o 4,000 reusable bags distributed to reduce plastic use 

o Written survey data gathered from 1023 whale watch tourists 

o Extensive political support, national and regional media coverage 

• IFAW hosted the largest-ever conference on whale watching held in Japan at United Nations University 

in Tokyo (December 2010) with keynote by Senior Vice Minister of Environment of Japan. 

• IFAW is funding the development and implementation of a region-wide whale and dolphin sighting 

database allowing for operators to collaborate on whale research throughout the region.

12 




• We developed and deployed new, IFAW-branded, multi-lingual whale watch operator database tool for 

use by operators worldwide contributing to centralised online database of whale sightings and photoidentification. 

• Continued to develop and expand Caribwhale coalition of Whale Watch operators to include new 

operators in Dutch and UK Territories 

Song of the Whale 

In September 2010 (FY 2011) IFAW’s ship, the Song of the Whale, was used by IFAW Charity to conduct a 4week 

beaked whale research project, partially funded by the government of the Republic of Ireland, in the 

Northern Atlantic. We know very little about the species except that the whales are hugely affected by seismic 

surveys and low-frequency active sonar. 

Other programmes 

• Zanzibar Humpback whales: We conducted a 4-month field season off the south coast of Zanzibar to 

collect photo-ID data, song recordings and skin biopsies to enable comparisons and mark-capture 

studies with previous years data. Extended the local humpback whale fisherman sighting network to 

facilitate field research, whale tourism, and reporting of entangled whales. 

• We supported the work of the South Pacific Whale Research Consortium for 2010-2011 which had the 

following aims: contribute to the ongoing IWC assessment of humpback whales in the Southern 

Hemisphere by supporting analysis of data from past surveys, assist with surveys of cetaceans in East 

French Polynesia and coordinate with initiative for aerial surveys of cetaceans and other marine 

megafauna in French territorial waters of the South Pacific and coordinate and contribute to the 

Australian Government initiative for non-lethal research on whales. 

• We supported a survey of Jeffreys Ledge off the New England coast for highly endangered North 

Atlantic right whales and their planktonic prey during fall, 2010. The study area is one of the only 

known fall and winter habitats for right whales, and is one of the only areas where a segment of the 

population may be sighted. 

WILDLIFE TRADE 

IFAW’s long-term impact is to eradicate all cruel and ecologically unsustainable wildlife trade. The immediate 

approach is to focus on priority species and issues such as ending the ivory trade to protect elephants, 

campaigning for animal welfare to be considered when governments establish conservation policies, training 

wildlife crime officers to improve enforcement and consumer awareness campaigns that will encourage people 

to reject wildlife products. 

Global 

IFAW Charity campaigns to build public awareness about wildlife trade and we can help end it. 

During fiscal year 2011, the Charity provided grant funding to IFAW US totalling £4.4 million, of which £1.3 

million helped fund wildlife trade activities. IFAW Charity supported IFAW US in its prevention of illegal 

wildlife trade efforts in the Middle East and North Africa. 

IFAW has now trained more than 1,000 officers on how to prevent illegal wildlife trade in smuggling centres 

throughout Africa, the Caribbean, Oceania, Russia and the Middle East.

13 




This training is paying off. In FY11, wildlife and veterinarian officers involved in the seizure of ivory in Cairo 

had previously participated in IFAW’s Prevention of Illegal Trade in Wildlife workshop. Jordanian customs 

officers, who received training from IFAW, confiscated two tiger cubs at the entry point between Jordan and 

Syria. Other achievements in FY11 included: 

• IFAW, the New Zealand Wildlife Enforcement Group and Papua New Guinea Customs hosted a 

Prevention of Illegal Wildlife Trade training workshop. 

• More than 30 wildlife law enforcement officials, police officers, veterinarians and wildlife 

conservationists attended a training workshop in Kenya organised by the IFAW and the Lusaka 

Agreement Task Force. 

• We gave a group of 23 wildlife law enforcement officials, police officers and others from eastern, 

central, and southern Africa practical, hands-on training. 

• The Solomon Islands sent 20 trainees from 7 government agencies to IFAW’s Prevention of Illegal 

Wildlife Trade workshop. 

• Forty representatives from seven countries participated in a training programme organised by IFAW in 

partnership with Georgian Ministry of Environment in Tbilisi, Georgia. 

• IFAW trained 60 Horn of Africa government officials to combat illegal wildlife trade. 

• Chinese and Kenyan officials launched IFAW’s “Green Passport” programme to distribute passport 

holders to visa applicants that informed travellers about the illegality of exporting ivory. 

• IFAW partnered with China CITES Management Authority to produce and display public awareness 

posters aimed at reducing demand for wildlife and wildlife products. 

• In the Netherlands, “Think Twice: Don’t Buy Wildlife Souvenirs” was the message at two kiosks set up 

by IFAW at Amsterdam’s Schiphol airport over the summer. 

• In a high profile ceremony to be attended by members of what is called the Lusaka Agreement, 335 

tusks and 41,553 hankos (ivory signature stamps similar to rubber stamps), seized in Singapore in 

2002, have agreed to burn them at Tsavo West National Park. IFAW helped fund the ivory DNA 

research and investigation, which pinpointed the source of this seized ivory. IFAW gave funds to both 

Kenya Wildlife Service and LATF, and also helped fund Dr. Wasser’s ivory DNA research and 

investigation, which pinpointed the source of the seized ivory. 

UK 

The UK has traditionally been and continues to be one of the most vocal EU countries on wildlife trade issues. 

IFAW Charity campaigns to build public awareness and to ensure that the government takes pro-conservation 

positions within the Convention on International Trade in Endangered Species of Wild Fauna and Flora 

(CITES). 

• A nationwide Ivory Surrender campaign was launched at the UK Parliament with more than 40 

politicians attending the event, including the Shadow Minister who is responsible for CITES. The goal 

of this event was to raise awareness in the UK that ivory comes from dead elephants, and that any trade 

in ivory products can fuel poaching, and to put existing ivory beyond use. 

• In FY2011, IFAW surveyed websites in the UK, France, Portugal, Spain and Germany, and found a 

thriving in trade in ivory items--the legality of most of which is questionable. In just 2 weeks, our 

survey found more than 660 items with a total advertising value of almost €650,000.00 across a variety 

of European websites. A shocking 98 percent of adverts failed to comply with website policies of 

providing evidence of legality. The findings of the survey have been used to put pressure on key 

decision makers and Websites to ensure illegal ivory is not traded on the net.

14 




Russia 

IFAW’s Russia branch also worked to eliminate illegal wildlife trade. 

• Since 2002, IFAW’s Russia branch has actively participated in protecting Saiga antelopes, for 

which IFAW has allocated funds to maintain the Saiga's security in Stepnoy wildlife sanctuary 

in the Astrakhan region of Russia. 

• IFAW’s Russia office helped organise a 4-day Prevention of Illegal Wildlife Trade training 

workshop in which representatives from seven former Soviet countries participated. The 

training was organised by IFAW in partnership with the Georgian Ministry of Environment. It 

brought together 40 people from CITES management authorities, customs, veterinarians and 

law enforcement officers. 

COMPANION ANIMALS – Helping Dogs and Cats 

IFAW’s Companion Animals programme helps to foster healthy, balanced dog and cat populations based on a 

series of guidelines we call “adequate guardianship,” which ensure that the basic needs of all animals are met in 

a manner that is appropriate to the local culture. IFAW supports communities in caring for their pets by 

providing: 

• Critical veterinary services to ensure all animals have access to basic care to keep them safe and 

healthy, and critical care when they are sick, injured or suffering. 

• Education and outreach to end the cycle of neglect and abuse and raise the standards by which people 

care for their animals. 

• Humane, sustainable solutions to ensure communities are prepared to end the suffering of their animals 

now and in the future. 

Individual project outcomes support the long-term outcomes of our overall international strategic plan: 

• Holistically healthy animals and strong community support for animal welfare protection in targeted 

disadvantaged communities. 

• Fewer abused, abandoned or relinquished animals in target communities. 

This year, contributions from our generous donors went to treating dogs and cats in Canada, Russia, China, 

United States, South Africa, Germany and Mexico. Achievements included: 

In fiscal year 2011, IFAW Charity expended £355 thousand on companion animal initiatives. 

• IFAW companion animal projects treated, sheltered or cared for more than 307,000 animals this fiscal 

year, nearly twice as many as the year before. In Bali alone, the World Society for the Protection of 

Animals, with funding support and assistance from IFAW, vaccinated 210,000 dogs in just the first 

phase of a two-phase campaign. At the end of phase two, some 400,000 dogs will have been vaccinated. 

• One year after the devastating earthquake struck Haiti, the Animal Relief Coalition for Haiti, of which 

IFAW is a member, completed its mission, which included the treatment of some 68,000 dogs, cats, 

horses, sheep, among other animals. 

• We hired a vet to perform veterinary service for Tiertafel Deutschland e.V., a charitable association that 

helps people with limited financial means to feed and care for their pets. 

• Just ahead of winter in Moscow, the IFAW-TESS dog shelter in Moscow was significantly improved: 

funds went to insulating the shelter and the construction of new walking enclosures. TESS is continuing 

its spay and neuter programme for stray animals in Moscow. 

• Volunteers from veterinary schools and local rescue groups joined IFAW to conduct dog physical 

exams, rabies vaccinations and dog owner education in China. 

• IFAW spayed and neutered 428 dogs and cats in Prince Albert, South Africa.

15 




• IFAW vaccinated 5,000 cats and dogs to stop an outbreak of rabies in Johannesburg, South Africa. 

• IFAW in Action’s Russian branch held an Animal Story cartoon festival at a well-known Moscow 

cinema, attracting more than 300 people. The use of the cinema was free and production studios gave 

free rights to show videos at the festival. The money from tickets was donated to IFAW-TESS Animal 

Welfare Centre in Moscow. 

• IFAW rescued 36 dogs in Northern Canada. The dogs were slated to die in a “dog shoot,” meant to 

control the local dog population. 

• IFAW rescued nine dogs from an overcrowded animal shelter in Cozumel, Mexico and re-homed them 

in the US. 

• IFAW rescued 26 cats and dogs Johannesburg, South Africa from a settlement of shacks that was slated 

to be demolished. 

• The Northern Dogs project, IFAW’s cat and dog project servicing communities in Northern Canada 

assisted in the spaying and neutering and care of nearly 300 animals in three communities. 

• IFAW led two rounds of training for vets and trap, neuter and release volunteers, to improve standards 

of care to cats during sterilization procedures. 

• A post on Weibo, the Chinese Twitter, condemning the sale of poison used to kill dogs drew 400 

responses and led to Taobao, an Internet trade and retail portal, to stop selling the poison. 

• The Navajo Nation successfully celebrated Spay Day thanks to the hard work of our Community 

Outreach Coordinator and the Navajo Nation Veterinary and Livestock programme. 

• In the UK, we funded a foster programme for the pets of families escaping domestic violence who are 

moved to emergency housing that will not accept companion animals. 

• Funded the Mdzananda Animal Clinic, a community-based project that focuses on providing primary 

health care services for the companion animals of pet owners in the Mandela Park suburb of 

Khayalitsha, south of Cape Town. 

EMERGENCY RELIEF 

Around the world, animals are in danger from habitat loss, human-wildlife conflict, illegal wildlife trade, 

cruelty and disasters. IFAW’s Animal rescue team is there to help rescue and rehabilitate animals in distress 

and, wherever possible, address the root problems behind animal suffering in these situations. 

Each year we rescue elephants, bears, penguins, rhinos and other wildlife that would otherwise suffer and die, 

rehabilitate the animals, and return them to the wild. Through our work we’ve saved captive animals from 

cruelty, rescued orphan bear cubs, airlifted penguins and relocated elephants. Our ultimate aim is always to 

return rescued animals back to the wild. 

We also address the root causes of wildlife displacement, like habitat loss, illegal wildlife trade or 

human/animal conflict, and work to conserve wildlife species and promote biodiversity. 

In addition to the individual animals helped through this work, this programme’s goals for long-term impacts 

include: 

• Improved welfare and increased survival for animals in distress during emergency rescue and in 

rehabilitation or sanctuary according to IFAW standards of best practice. 

• Legislative changes which result in fewer wild and domestic animals becoming the victims of crisis and 

distress. 

• Animal rescue and rehabilitation is included in emergency responses and contingency plans. 

During fiscal year 2011, IFAW Charity expended approximately £213 thousand on emergency relief. 


emergency relief.

16 




Elephant, Bear, Rhino and Clouded Leopard Rehabilitation in India 

During fiscal year 2011, the Charity provided support to Wildlife Trust of India (WTI) totalling £247 

thousand, for wildlife rescue emergency relief efforts. 

Our achievements included: 

• IFAW India team reunites rhino calf with its mother. For the first time in IFAW and Wildlife Trust 

of India’s 9 years of emergency relief work in Assam, India, in July we were able to reunite a rhino calf 

with its mother after rescuing the calf from a tea garden ditch. This was a very important achievement 

for us, because typically a calf ends up being rescued and then must go through long-term rehabilitation 

because we either find the calves alone trapped in sand pits or we rescue them after they have strayed 

far away from their mother. 

• Clouded leopard cubs released. In May, two extremely rare clouded leopard cubs were returned to the 

wild by the Bodoland Territorial Council, the Wildlife Trust of India and IFAW. This is the first known 

instance of clouded leopards being rehabilitated, fitted with radio collars and released. 

• Five rescued elephants moved to Manas National Park, India. In January, five endangered elephant 

calves were transported from the IFAW Wildlife Rescue Center in Kaziranga to Manas National Park in 

the northeast Indian state of Assam. The calves, between the age of 3 and 6 years, were rescued from 

different parts of Assam. All of these calves were separated from their natal herds--two were victims of 

human-elephant conflict, one was displaced during floods and the two were found in tea gardens. 

• A conflict tiger gets a second chance. A Royal Bengal tiger, which came into conflict with villagers in 

India’s northern Assam province, was captured and relocated to Manas National Park in March. 

REGIONAL PRIORITIES 

United Kingdom – Hunting with hounds 

IFAW was one of the leading organisations in the campaign for the passage of The Hunting Act, which was 

introduced to stop foxes, deer, hares and mink from being chased and killed for so-called sport, which the 

majority of the British public find completely unacceptable. 

In FY11, the Coalition Government pledged to hold a free vote to give MPs the chance to repeal the Hunting 

Act. IFAW presented the UK government with 10,000 signatures in support of The Hunting Act, to 

demonstrate ongoing public support for this initiative and dissuade elected officials from repealing the ban on 

hunting with dogs. 

IFAW continues to work closely with police forces on enforcement of the ban and employs a team of hunt 

monitors to gather evidence of suspected illegal hunting. 

India: Tigers 

During fiscal year 2011, the Charity provided support to Wildlife Trust of India (WTI) totalling £247 thousand, 

some of which helped tiger protection efforts. 

The Indian tiger Panthera tigris continues to face a severe threat from the twin problems of organised poaching 

and habitat destruction. It has been proven beyond doubt that tigers in India are being killed by organised gangs 

of poachers who supply the illegal wildlife trade channels to the Far East. As a result, tiger populations in some 

tiger areas are about to be wiped out. 

Wildlife crime prevention is not a major topic that is taught to the forest department staff when they undergo 

induction training. To fill the gap, IFAW and its local partner WTI have been providing capacity building 

training to frontline field protection staff since 2000. In view of that, capacity building of frontline field staff of

17 




Kanha Tiger Reserve in the central Indian state of Madhya Pradesh was proposed. The strategy was to assist the 

government to create a strong, well-equipped and motivated force of front-line field staff, to curb poaching and 

habitat degradation in wildlife areas. 

Global Tiger Summit and Global Tiger Recovery Plan 

• IFAW was one of a select few groups designated a “key partner” in the new Global Tiger Recovery 

Plan endorsed by world leaders at this year’s Global Tiger Summit in St. Petersburg Russia. This 

landmark declaration set the ambitious goal of doubling the wild tiger population over the next 12 years 

and provided a critical endorsement of IFAW’s projects to train and equip rangers on the front lines of 

the fight to save these critically endangered big cats. 

• IFAW President and CEO, Fred O’Regan, and Vivek Menon, director of IFAW’s partner organisation 

in India, Wildlife Trust of India, spoke before the assembly about the need for ensuring that support for 

tiger enforcement gets into the hands of the individual communities and ranges on the front lines of 

protecting and living with tigers. 

• In whispers, shouts, roars and emotional pleas broadcast on a large video screen, children from all over 

the world called on participants in the Global Tiger Summit to take a stand, make a commitment and 

save tigers. The Roar! Global Youth Voices video was filmed by IFAW as a special project for 

presentation at the summit and as part of the annual IFAW Animal Action international education 

programme, which reached some 7,000,000 people worldwide this year. 

Global Tiger Forum 

IFAW is a founding partner of the Global Tiger Forum (GTF), the only inter-governmental body exclusively set 

up for the conservation of tigers in the wild. We continued our support for GTF in FY11 and participation in 

GTF projects, such as the Global Tiger Summit in St. Petersburg, Russia. 

GTF was formed in 1994 as a result of a decision by the first meeting of tiger range states held in New Delhi, 

co-sponsored by UNEP and the government of India, to provide leadership and a common approach to 

safeguard the survival of the tiger, its prey and its habitat. 

GTF aims to curb wildlife crime by combating-illegal trade, litigation and ensuring that national and 

international policies that affect wildlife and their habitats are in consonance with tigers’ survival needs. 

GTF is currently involved in priority programmes such as: 

• Preparation/betterment of action plans for tiger conservation in trans-boundary areas and National Tiger 

Action Plans of tiger range countries. 

• Capacity-building of tiger protection staff in range states. 

• Policy advocacy related to tiger conservation, including addressing markets for consumption of tiger 

parts, products and derivatives. 

• Organising international workshops/meetings such as GTF General Assemblies and International Tiger 

Symposiums 

Russia – Bears 

IFAW has maintained the Orphan Bear Rescue Centre in the Russian region of Tver since 2007. The centre is 

run by renowned experts in brown bear rehabilitation. 

Since IFAW took on the centre, 154 bear cubs have been rescued and released. Prior to the release, the 

rehabilitation team performs veterinary checks and tags some of the bears for monitoring using a satellite radio 

collar, a step forward in evaluating post-release behaviour and survival of the bear cubs. The collar is 

programmed to record information about the animal’s location every 90 minutes and to automatically drop-off 

after a period of 18 months.

18 




ANIMAL ACTION EDUCATION PROGRAMME 

Global 

For more than 18 years, IFAW has sponsored Animal Action Education, our signature education programme 

designed to give young people the knowledge and tools to take positive action on behalf of animals and the 

environment. Curricula packets are aligned with national educational standards. In FY2011, approximately 7 

million educators, students and their families worldwide took part in the programme. 

This year, IFAW's Animal Action Education theme was Born to Be Wild, a programme that highlights the 

plight of tigers and the challenges this mighty and iconic species faces for survival. 

This year’s tiger theme coincided with the Year of the Tiger on the Chinese lunar calendar, and was aligned 

with the U.N. International Year for Youth (August 2010-2011), which called on the world community to give 

young people a chance to actively participate in decision-making on local, national and global issues. 

During Action Week, students can enter an art contest, nominate someone for an Animal Action award, interact 

with other students, submit petitions, raise money to help IFAW protect animals and sign up for IFAW’s World 

of Animals magazine and action alerts. 

IFAW compiled multimedia messages about tigers and why they should be saved into a called Roar! Youth 

Voices for Tigers. The video was posted on our website and shown to world leaders at Global Tiger Summit 

held in St. Petersburg, Russia in November. 

Strategically, the Animal Action initiative aligns with efforts to ensure IFAW’s animal welfare ethic is 

internationally accepted and adopted, particularly in social agendas. By reaching out to young people and 

educators, the initiative encourages future generations to be innovative in the approach to human animal 

interactions and fosters their adoption of animal welfare and/or wildlife conservation policies. 

In FY11, Animal Action Education ran in 15 countries through 14 IFAW country offices: Oceania, Canada, 

China, Kenya, France, Germany, India, United Arab Emirates, Tunisia, Netherlands, Russia, South Africa, UK 

and US. 

UK 

In the UK, 40, 000 students, representing 2,000 schools, participated in AAW. 

IFAW Charity supported IFAW US efforts to achieve global impact through Animal Action. 

In the US, 4.5 million students, representing 100,000 classrooms, participated in AAW. 

Programme goals looking ahead 

Programmatic educational and advocacy 

Fiscal year 2011 was the first full year of direct mail activities conducted by IFAW Charity, providing 

education, building awareness for the IFAW mission and enabling advocacy, at a cost totaling £3.4 million. As 

the Charity pursues new strategies in fiscal year 2012 to accomplish programs at the point of need, on the 

ground, a shift of expenditure is expected from direct mail to program delivery. Therefore a decrease in 

fundraising and programme initiatives is anticipated.

19 




Programmatic grant support 

Successful direct mail and other outreach methods will continue to provide diversified financial resources to the 

Charity, enabling it to supply financial support to like-minded organisations in the pursuit of animal and habitat 

protection. The Charity anticipates being able to provide grant funding to affiliated and non-affiliated 

organisations during 2012 totalling approximately £12 million. 

Song of the Whale (SOTW) 

The Song of the Whale resumed normal research activities in Fiscal 2011 and continues to do so in Fiscal 

2012. The ship is schedule for maintenance in early 2012 prior to embarking on a major transatlantic voyage 

from the UK to the Stellwagen Bank National Marine Sanctuary off Cape Cod. Whales will be tracked 

during the journey and the vessel will be in New England waters conducting research, education and public 

outreach activities in conjunction with the 20 th anniversary of the Sanctuary from early June to mid July. 

On behalf of the Trustees on 10 February 2012 

Brian Hutchinson, Trustee Date 

Margaret Kennedy, Audit Committee Chairperson Date

20 



Independent auditors’ report to the members of International Fund for Animal 

Welfare 

We have audited the financial statements of International Fund for Animal Welfare for the year ended 30 June 

2011 which comprise the Statement of Financial Activities (incorporating the Income and Expenditure 

Account), the Balance Sheet, the Cash Flow Statement and the related notes. The financial reporting framework 

that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United 

Kingdom Generally Accepted Accounting Practice). 

Respective responsibilities of trustees and auditors 

As explained more fully in the Trustees’ Responsibilities Statement set out on page three, the trustees (who are 

also the directors of the charitable company for the purposes of company law) are responsible for the 

preparation of the financial statements and for being satisfied that they give a true and fair view. 

Our responsibility is to audit and express an opinion on the financial statements in accordance 

with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to 

comply with the Auditing Practices Board’s Ethical Standards for Auditors. 

This report, including the opinions, has been prepared for and only for the charity’s members as a body in 

accordance with Chapter 3 of Part 16 of the Companies Act 2006 and for no other purpose. We do not, in 

giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this 

report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing. 

Scope of the audit of the financial statements 

An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to 

give reasonable assurance that the financial statements are free from material misstatement, whether caused by 

fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the charitable 

company’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of 

significant accounting estimates made by the trustees; and the overall presentation of the financial statements. 

In addition, we read all the financial and non-financial information in the Trustees’ Report to identify material 

inconsistencies with the audited financial statements. If we become aware of any apparent material 

misstatements or inconsistencies we consider the implications for our report. 

Opinion on financial statements 

In our opinion the financial statements: 

• give a true and fair view of the state of the charitable company’s affairs as at 30 June 2011.and of its 

incoming resources and application of resources, including its income and expenditure and cash flows, 

for the year then ended; 

• have been properly prepared in accordance with United Kingdom Generally 

Accepted Accounting Practice; and 

• have been prepared in accordance with the requirements of the Companies Act 

2006. 

Opinion on other matter prescribed by the Companies Act 2006 

In our opinion the information given in the Trustees’ Report for the financial year for which the financial 

statements are prepared is consistent with the financial statements.



Matters on which we are required to report by exception 

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to 

report to you if, in our opinion: 

• adequate accounting records have not been kept or returns adequate for our audit have not been 

received from branches not visited by us; or 

• the financial statements are not in agreement with the accounting records and returns; or 

• certain disclosures of trustees’ remuneration specified by law are not made; or 

• we have not received all the information and explanations we require for our audit. 

Kevin Lowe (Senior Statutory Auditor) 

For and on behalf of PricewaterhouseCoopers LLP 

Chartered Accountants and Statutory Auditors 

London 

Date: 

21

22 



Statement of Financial Activities (incorporating the Income and Expenditure 

account) 


2011 2011 2011 2010 

Note Unrestricted Restricted Total Total 

£ £ £ 

£ 

Incoming resources 

Incoming resources from 

generated funds 

Voluntary income: 

Legacies 

Grants from connected 

4,668,595 

- 

4,668,595 4,094,879 

organisations 14 

25 117,283 

117,308 

916,566 

Donations and contributions 

Activities for generating funds: 

2 16,782,785 227,470 17,010,255 10,973,378 

Lottery revenue 778,253 

- 

778,253 

839,489 

Interest and Investment income 3 79,623 

- 

79,623 

67,727 

Other Income 1,725 

1,725 

Gain on exchange 50,214 

50,214 

Total incoming resources 22,361,220 

Resources expended 

Cost of generating funds 

Lottery fundraising costs 4 196,175 

Other fundraising costs 4 4,958,400 

Investment management fees 14,755 

Total 5,169,330 

Charitable activities 

Elephants 4 1,810,073 

Seals 4 1,291,913 

Whales 4 2,994,105 

Wildlife trade 4 1,781,113 

Companion animals 4 3,390,222 

Emergency relief 4 1,636,560 

Regional priorities 4 1,817,077 

Total 14,721,063 

Governance costs 4 

136,220 

Total resources expended 20,026,613 

Realised (losses)/gains on 

investments 

Net income/(expenditure) for the 

16 (75,091) 

year 2,259,516 

Unrealised gains on investments 16 355,437 

Net movement in funds 2,614,953 

Total funds brought forward 16 8,161,606 

Total funds carried forward 16 10,776,559 

344,753 

- 

- 

- 

- 

15,885 

550 

44,837 

50,938 

32,282 

103,769 

124,949 

373,210 

- 

373,210 

- 

(28,457) 

- 

(28,457) 

47,437 

18,980 

22,705,973 

196,175 

4,958,400 

14,755 

5,169,330 

1,825,958 

1,292,463 

3,038,942 

1,832,051 

3,422,504 

1,740,329 

1,942,026 

15,094,273 

136,220 

20,399,823 

(75,091) 

2,231,059 

355,437 

2,586,496 

8,209,043 

10,795,539 

16,892,039 

208,288 

3,218,957 

13,478 

3,440,723 

1,521,059 

871,969 

2,047,285 

961,864 

2,814,957 

1,588,849 

374,426 

10,180,409 

121,664 

13,742,796 

4,191 

3,153,434 

242,624 

3,396,058 

4,812,985 

8,209,043 

All figures in the statement of financial activities relate to continuing and acquired operations. See notes 2 and 

14.

23 



Balance sheet 

at 30 June 2011 

2011 2010 

Note £ £ 

Fixed assets: 

Tangible assets 8 911,145 1,023,713 

Investments 9 2,245,077 1,905,160 

Other investments 1 

1 

3,156,223 2,928,874 

Current assets 

Debtors 10 3,229,603 

Cash in bank and in hand 5,624,733 

8,854,336 

Creditors: 

Amounts falling due within one year 11 

(1,215,021) 

(1,215,021) 

Net current assets 7,639,315 

Net assets 10,795,538 

Unrestricted funds 

General fund 16 

Designated fund 16 

Revaluation reserve - designated fund 16 

Restricted Funds 16 

8,531,482 

2,245,077 

- 

10,776,559 

18,980 

10,795,539 

2,608,392 

3,596,460 

6,204,852 

(924,683) 

(924,683) 

5,280,169 

8,209,043 

6,256,446 

1,905,160 

- 

8,161,606 

47,437 

8,209,043 

The notes on pages 25 – 40 form part of these accounts. The financial statements on pages 22 to 40 

were approved by the board of trustees on 9 February 2012 and signed on its behalf by: 

_____________________________________________ 

Brian Hutchinson, Trustee 

_____________________________________________ 

Margaret Kennedy, Audit Committee Chairperson

24 



Statement of cash flows 


Net cash inflow from operating activities 17a 2,068,066 


Note £ £ 

Returns on investments and servicing of finance 

Investment income 17a 74,326 

Capital expenditure and financial investment 

Payments to acquire tangible fixed assets (13,815) 

Payments to acquire fixed asset investments (517,883) 

Proceeds from sale of fixed asset investments 417,579 

Increase/(decrease) in net cash balances 17b 2,028,273 

3,329,000 

63,699 

(36,739) 

(486,244) 

349,681 

3,219,397

25 





1 Principal accounting policies 

Basis of accounting 

The financial statements are prepared in accordance with the historical cost convention (as modified by the 

revaluation of certain fixed asset investments) and applicable Accounting Standards in the United Kingdom. 

IFAW Charity is a registered charity and the financial statements are prepared in accordance with the Statement of 

Recommended Practice, Accounting and Reporting by Charities 2005 (“the SORP”), the Charities Act 1993, as 

amended by the Charities Act 2011 and the Companies Act 2006. The Trust has adapted the Companies Act 

formats to reflect the Charities SORP and the special nature of the Trust’s activities. 

A summary of the more significant accounting policies, which have been applied consistently, except where noted, 

is set forth below: 

Funds 

General Fund 

This fund is not restricted as to its use and is for activities that fall within the objects of the charity. The 

general Fund is available to fund the annual expenditure of the Charity. 

Designated Funds 

These are funds set aside by the Trustees out of unrestricted general funds for particular future purposes or 

projects. The Trustees have designated funds to generate income to fulfil the long term objects of the charity. 

The income generated by this fund remains within the fund. The fund and current needs of the charity are 

reviewed on a regular basis and transfers to unrestricted funds are made as deemed necessary by the Trustees. 

Restricted Funds 

Certain grant and other income that is restricted as to its use by the donor is shown separately on the Statement 

of Financial Activities together with related expenditure. 

Legacies 

Legacy income is recognised on an accruals basis when it becomes reasonably certain that the legacy will be 

received and the amount is determinable. 

Donation and lottery income 

Donations, other than legacy income, and other similar income, are recorded as received. 

Income from grants 

Grants receivable are recognised in the period in which the conditions for receipt of the grant have been met. 

Income from investments and deposits 

Income on investments and deposits is recognised on an accruals basis. 

Intangible income 

Gifts of services or assets, which the Charity would otherwise have had to purchase, are reflected in the financial 

statements at cost to the donor, where the benefit is quantifiable and measurable.

26 




for the year ended 30 June 2011 (continued) 

Tangible fixed assets and depreciation 

Tangible fixed assets are stated at historic purchase cost less accumulated depreciation. Cost includes the original 

purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended 

use. Tangible fixed asset purchases less than ₤2,500 are deemed de minimis, and therefore are expensed through 

the Statement of Financial Activities in the period in which they were acquired. Depreciation is calculated so as to 

write off the cost of tangible fixed assets on a straight-line basis over the expected useful economic lives of the 

assets concerned. The principal annual rates used for this purpose are: 

• The research vessel is depreciated over 15 years. 

• Computer equipment is depreciated over 3 years. 

• Furniture and fixtures are depreciated over 5 years. 

• Leasehold improvements are depreciated over the term of the lease. 

Tangible fixed assets are evaluated for impairment when there are indications that their carrying value may be 

greater than their recoverable amount. If an asset’s carrying value is determined to be greater than its recoverable 

amount, an impairment charge in the amount of the excess is be recorded on the statement of financial activities. 

Fixed asset investments 

Investments are stated at market value at the balance sheet date. Any realised and unrealised gains or losses are 

reflected within the Statement of Financial Activities. Other investment is comprised of an investment in an 

affiliated organisation, and is stated at its historical purchase cost. 

Operating leases 

Costs in respect of operating leases are charged on a straight-line basis over the lease term. 

Grant expenditure 

Grants payable are recognised in the Statement of Financial Activities at the time each grant is approved and 

communicated to the recipient. 

Resources expended 

Resources expended are included in the Statement of Financial Activities on an accrual basis, inclusive of any 

value added tax that cannot be recovered. Expenses are recognised in the period in which goods and/or services 

are received. 

Certain expenditures are directly attributable to specific activities and have been included in those cost categories. 

Certain other costs, which are attributable to more than one activity, are apportioned across cost categories on the 

basis of an estimate of the proportion of time spent by personnel on those activities. 

Charitable expenditures are those costs incurred directly in support of expenditures on the objects of IFAW Charity 

and include project management. 

Fundraising costs involve inducing potential donors to contribute money, securities, services, materials or time. 

They include publicising and conducting fundraising campaigns, maintaining donor mailing lists, preparing and 

distributing fundraising materials, and conducting other activities involved with soliciting. 

Charitable support costs include oversight, business management, general record keeping, budgeting, financing, 

and all management and administration in support of charitable activities. These costs are apportioned to the 

relevant cost categories based upon the estimated time and effort associated with direct activities of the 

organisation. Governance costs are comprised of discretely identifiable costs associated with corporate and 

regulatory compliance activities, as well as an element of support costs.

27 





Provisions 

Provisions are recognised when the company has a present obligation as a result of a past event, it is probable that 

a transfer of economic benefits will be required to settle the obligation, and a reliable estimate can be made of the 

amount of the obligation. 

Pensions and similar obligations 

IFAW Charity operates a defined contribution pension scheme and costs are charged to the Statement of Financial 

Activities as incurred. Assets of the pension scheme are held separately to those of the company. 

Foreign currencies 

Operational transactions denominated in foreign currencies are translated into sterling at the exchange rate ruling 

when the transaction was entered into. Monetary assets and liabilities denominated in foreign currencies are 

translated into sterling at rates of exchange ruling at the balance sheet date. Differences arising on translation are 

taken to the Statement of Financial Activities. 

2 Donations and contributions 

Sustainer donations 6,080,002 

Sweepstakes donations 4,135,095 

Newsletter appeal donations - unrestricted 3,901,595 

Newsletter appeal donations - restricted 227,470 

Gift aid contributions 2,158,724 

Lottery related donations 171,310 

Other donations 336,059 

17,010,255 

3 Interest and Investment income 

Bank Interest 26,277 

Dividend Income 53,346 

79,623 


£ £ 

4,131,539 

2,804,615 

2,266,125 

249,464 

1,139,464 

173,575 

208,596 

10,973,378 


£ £ 

21,817 

45,910 

67,727

28 





4 Allocation of expenses 

Costs by charitable activity for fiscal year 2011 and 2010 were as follows: 

Activities 

undertaken 

directly 

Activities 

undertaken 

through grants Support costs Total 

£ £ £ £ 

Elephants 866,007 780,580 179,371 1,825,958 

Seals 892,217 273,280 126,966 1,292,463 

Whales 1,613,186 1,127,226 298,530 3,038,942 

Wildlife Trade 371,897 1,280,184 179,970 1,832,051 

Companion Animals 2,157,274 929,023 336,207 3,422,504 

Emergency Relief 845,244 739,379 155,706 1,740,329 

Regional Priorities 505,255 1,245,996 190,775 1,942,026 

Total Programs 7,251,080 6,375,668 1,467,525 15,094,273 

Activities 

undertaken 

directly 

2011 

Activities 

undertaken 

through grants Support costs Total 

£ £ £ £ 

Elephants 732,969 635,757 152,333 1,521,059 

Seals 608,828 155,575 107,566 871,969 

Whales 905,040 974,408 167,837 2,047,285 

Wildlife Trade 123,370 816,694 21,800 961,864 

Companion Animals 1,444,500 1,068,537 301,920 2,814,957 

Emergency Relief 882,608 505,432 200,809 1,588,849 

Regional Priorities 114,489 234,373 25,564 374,426 

Total Programs 4,811,804 4,390,776 977,829 10,180,409 

Cost apportionment between charitable activities is based upon: 

• Activities undertaken directly – employee time and direct expenses associated with conducting 

programmatic activities. 

• Activities undertaken through grants – nature of programmatic activities of organisations that received 

grant funding from IFAW Charity. 

• Support costs – support activities are apportioned based upon the estimated time and effort associated with 

direct activities of the organisation. 

2010

29 





Fundraising costs incurred during fiscal year 2011 were for: 


£ £ 

Wages and salaries 278,492 147,377 

Benefits 49,918 23,371 

Professional and contract fees 268,082 134,939 

Printing and publications 2,619,940 1,898,148 

Travel 23,651 10,529 

Communications 1,099,751 664,381 

Facilities 75,666 41,502 

Office supplies and computing 35,357 22,240 

Public information 21,033 10,185 

Bank charges 4 2 

Taxes 25 11 

Other 6,009 10,362 

Depreciation 4,386 278 

Institutional support and services 637,310 440,724 

Support costs 34,951 23,196 

5,154,575 3,427,245 

Governance costs incurred during fiscal year 2011 were for: 


£ £ 

Auditors' remuneration 

Statutory audit 52,122 36,450 

Legal fees 6,812 41,675 

Trustee indemnity insurance 1,000 1,000 

Institutional support and services costs 25,169 8,072 

Support costs 51,117 34,467 

136,220 121,664 

Statutory audit fees include UK-based audit fees totalling ₤16,000 and ₤13,500 for fiscal year 2011 and 

2010, respectively.

30 





Support costs (by activity) incurred during fiscal year 2011 were for: 

Wages and salaries - 

Benefits - 

Professional and contract fees - 

Printing and publications - 

Travel - 

Communications - 

Facilities - 

Office supplies and computing - 

Public information - 

Bank charges - 

Taxes - 

Other - 

Depreciation - 

Institutional support and services 34,951 

34,951 

2011 2011 2011 2011 2010 

Fundraising Governance Programs Total Total 

£ £ £ £ £ 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

51,130 

51,130 

134,933 

24,107 

25,022 

114,614 

3,790 

102,368 

36,509 

6,705 

2,913 

72,319 

426 

1,406 

2,123 

940,290 

1,467,525 

134,933 

24,107 

25,022 

114,614 

3,790 

102,368 

36,509 

6,705 

2,913 

72,319 

426 

1,406 

2,123 

1,026,371 

1,553,606 

99,439 

24,208 

20,964 

66,351 

1,997 

44,671 

28,003 

4,658 

2,135 

23,664 

2,777 

12,967 

194 

703,464 

1,035,492 

Direct expenses (virtually all expenses other than Institutional support and services) represent actual costs incurred 

for goods or services for the benefit of the Charity. Indirect expenses (Institutional support and services) represent 

the Charity’s portion of worldwide support costs performed by IFAW, Inc. Such support services are charged to the 

Charity at cost. The apportionment of all costs is based upon the estimated amount of staff time and effort required 

to perform the above activities.

31 





5 Grants Payable 

Grants expended in the period are detailed below. 


£ £ 

International Fund for Animal Welfare, Inc (United States)* 4,432,828 3,668,111 

International Fund for Animal Welfare, IFAW in Action* 

International Fund for Animal Welfare/Fonds International Pour la Protection 

500,000 - 

des Animaux Inc. (Canada)* 192,090 - 

International Fund for Animal Welfare NPC (South Africa)* 288,323 - 

Wildlife Trust of India 247,118 238,950 

Community Led Animal Welfare (CLAW) - South Africa 66,217 143,110 

University Of Pretoria - South Africa 63,423 82,135 

Mdzananda Animal Clinic - South Africa 149,264 46,392 

National Marine Sanctuary Foundation - United States 22,049 41,150 

Yayasan Indonesia Animal Welfare 55,717 26,240 

Friends of Head Harbour Light Station - Canada 15,666 7,919 

World Society For The Protection Of Animals - Mongolia 62,320 6,250 

Paws For Kids - United Kingdom 5,000 2,500 

Ape Alliance 1,000 - 

Duke University 9,400 - 

Far East Whale Research LLC 24,189 - 

Joe Hashman 4,000 - 

Marine Mammal Council 8,920 - 

South Pacific Whale Research Consortium in Tonga 15,521 - 

Marine Conservation Research International 107,160 - 

Pazhetnov Sergey Valentinovich 37,838 - 

Husavik Research Centre 1,000 - 

Tess 12,968 - 

The Southern Wildlife Ambulance Network The Fox Project 2,000 - 

The Whale Center of New England 15,838 - 

Univeristy of NewCastle Upon Tyne 17,931 - 

Orphaned Bear Cub Rehabilitation Center - Russia - 63,316 

Indonesia Animal Welfare (InAW) - 24,603 

Moscow Mobile Veterinary Clinic (TESS) - Russia - 23,149 

Namunyak Wildlife Conservation - Kenya - 13,776 

Delphinus Nostrum - Tunisia - 3,432 

Esme Wilson - 50 

University of Cambridge - United Kingdom - (307) 

6,357,782 

4,390,776

32 





• Grants made to affiliated entities were expended as follows: 


£ £ 

International Fund for Animal Welfare, Inc (United States) 

Elephants 479,299 506,531 

Seals 94,136 155,575 

Whales 838,537 929,479 

Wildlife Trade 1,262,931 816,685 

Companion Animals 573,725 804,187 

Emergency Relief 274,856 251,475 

Regional Priorities 909,344 204,179 

4,432,828 3,668,111 


£ £ 

International Fund for Animal Welfare, IFAW in Action 

Elephants - - 

Seals - - 

Whales 63,433 - 

Wildlife Trade 17,104 - 

Companion Animals - - 

Emergency Relief 134,604 - 

Regional Priorities 284,859 - 

500,000 - 

Fonds International Pour la Protection des Animaux Inc (Canada) 2011 2010 

£ £ 

Elephants - - 

Seals 171,171 - 

Whales - - 

Wildlife Trade - - 

Companion Animals - - 

Emergency Relief - - 

Regional Priorities 20,919 - 

192,090 - 


£ £ 

International Fund for Animal Welfare NPC (South Africa) 

Elephants 159,341 - 

Seals 7,421 - 

Whales - - 

Wildlife Trade - - 

Companion Animals 6,937 - 

Emergency Relief 114,624 - 

Regional Priorities - - 

288,323 -

33 





6 Employees 

The staff costs were as follows: 

Wages and Salaries 791,396 

Social Security Costs 98,252 

Pension costs 42,726 

932,374 

Staff activities are illustrated as follows: 

Programme 12 

Programme support 9 

Fundraising 4 

25 


£ £ 

503,494 

52,378 

27,278 

583,150 


Number Number 

As of 30 June 2011 IFAW Charity had pension liabilities of £5,344 (2010: £4,467) included as a component of 

creditors. 

13 

6 

6 

25

34 





The number of employees whose emoluments amounted to over ₤60,000 in the year was as follows: 


£ Number Number 

70,000 - 80,000 1 

Contributions of £4,266 (2010:£nil) were made into pension schemes on behalf of the above employees. 

7 Trustees’ emoluments 

The Trustees received no remuneration in the period (2010: £nil). No expenses were reimbursed to Trustees 

(2010: £nil). 

Trustees are covered by indemnity insurance, the cost of which is incurred by the Charity’s US affiliate, and is 

included as a component of institutional support and services. The cost of such insurance was approximately 

£1,000 in fiscal year 2011 (2010: £1,000). 

8 Tangible Assets 

Leasehold Furniture and Computer Research 

improvements fixtures Equipment Vessel Total 

£ £ £ £ £ 

Cost 

At 1 July 2010 28,912 36,531 12,760 1,636,993 1,715,196 

Additions 6,500 7,316 - - 13,816 

At 30 June 2011 35,412 43,847 12,760 1,636,993 1,729,012 

Accumulated 

depreciation 

At 1 July 2010 245 12,450 5,802 672,986 691,483 

Charge for the period 2,940 11,702 2,609 109,133 126,384 

At 30 June 2011 3,185 24,152 8,411 782,119 817,867 

Net book value 

At 30 June 2011 32,227 19,695 4,349 854,874 911,145 

At 30 June 2010 28,667 24,081 6,958 964,007 1,023,713 

-

35 





9 Fixed Asset Investments 


£ £ 

Fixed Asset Investments: 

Investment portfolio at 1 July 1,905,160 

1,628,569 

Less: Cash deposits with managers awaiting investment at 1 July (66,960) 

(173,747) 

Market value at 1 July 1,838,200 1,454,822 

Additions at cost 517,883 486,244 

Disposal proceeds (417,579) (349,681) 

Net investment gains/(losses) 280,346 246,815 

Market value at 30 June 2,218,850 1,838,200 

Add: Cash deposits with managers awaiting investment at 30 June 26,227 66,960 

Investment portfolio at 30 June 2,245,077 1,905,160 

Investments portfolio at cost at 30 June 2,261,159 2,034,055 

Market value comprises: 

Equities: 

Services 429,993 

Financials 419,028 

Money market 507,677 

Utilities 328,126 

Consumer goods 259,266 

General industry 274,760 

Fixed interest securities: 26,227 

2,245,077 


£ £ 

596,706 

470,235 

66,960 

138,335 

106,310 

121,805 

404,809 

1,905,160 

No individual investment was greater than 5% of the portfolio. All investments are listed securities held within the 

United Kingdom. 

10 Debtors 

Accrued legacy income 2,350,046 

Other accrued income 527,192 

Prepayments 154,643 

Due from connected organisations (see note 14) 197,722 

3,229,603 


£ £ 

1,875,389 

586,761 

96,673 

49,569 

2,608,392

36 





11 Creditors: amounts falling due within one year 

Trade creditors 682,568 

Due to connected organisations (see note 14) 441,764 

Accruals 90,689 

1,215,021 


£ £ 

530,813 

307,131 

86,739 

924,683 

During fiscal year 2010, the Charity paid redundancy charges associated with strategic cost-cutting initiatives 

recognised during fiscal year 2009. There were no such redundancy charges for fiscal year 2011. 

Employee redundancy provision beginning balance - 

Provisions recognised - 

Payments made - 

Employee redundancy provision ending balance - 

12 Lease commitments 


£ £ 

At 30 June 2011, the Charity had annual commitments under non-cancellable operating leases as follows: 

101,736 

- 

(101,736) 

- 


£ £ 

Land and buildings 

Expiring in over five years 1,615,725 

1,778,877 

13 Membership of the company 

The Charity was incorporated on 27 March 1992 and is limited by the guarantee of its members. The guarantee of 

each member is restricted to one pound. The members are the directors of the company and also act as trustees for 

the charitable activities of IFAW Charity. 

14 Related party transactions 

The Trust is connected with the following UK and non-UK non-profit organisations: 

International Fund for Animal Welfare (Australia) Pty., Ltd. 

International Fund for Animal Welfare Inc./Fonds international pour la protection des animaux Inc (Canada) 

International Fund for Animal Welfare (France) 

IFAW Internationaler Tierschutz-Fonds gGmbH (Germany) 

Stichting IFAW-Internationaal Dierenfonds (Nederland) 

International Fund for Animal Welfare (Association incorporated under section 21) (South Africa) 

IFAW in Action (United Kingdom) 

International Fund for Animal Welfare, Inc. (United States)

37 





Amounts owed by connected organisations at 30 June: 

IFAW Internationaler Tierschutz-Fonds gGmbH (Germany) 91,841 

Stichting IFAW-Internationaal Dierenfonds (Nederland), net 14,921 

International Fund for Animal Welfare (Australia) Pty., Ltd. 26,301 

International Fund for Animal Welfare (France) 

International Fund for Animal Welfare (Association incorporated under 

29,078 

section 21) (South Africa), net 233 

International Fund for Animal Welfare IFAW in Action 20,855 

International Fund for Animal Welfare Inc. (Canada) 14,493 

197,722 

Amounts owed to connected organisations at 30 June: 

International Fund for Animal Welfare, Inc. (United States), net 441,764 

IFAW in Action (United Kingdom), net - 


section 21) (South Africa), net - 

441,764 

Income received from connected organisations: 

IFAW in Action (United Kingdom) 25 

International Fund for Animal Welfare, Inc. (United States) 116,422 

IFAW Internationaler Tierschutz-Fonds gGmbH (Germany) - 

Stiching IFAW (Netherlands) 861 

117,308 


£ £ 

19,249 

12,018 

10,348 

7,782 

172 

- 

- 

49,569 


£ £ 

251,593 

55,538 

- 

307,131 


£ £ 

815,707 

98,579 

2,280 

- 

916,566 

During fiscal year 2011, income received from IFAW US and IFAW Netherlands was restricted to priority or 

regional programs.

38 





Grants paid to connected organisations: 

International Fund for Animal Welfare, Inc. (United States) 4,450,674 

International Fund for Animal Welfare IFAW in Action (United 

Kingdom) 500,000 

International Fund for Animal Welfare Inc./Fonds international 

pour la protection des animaux Inc (Canada) 192,090 


section 21) (South Africa) 288,344 

5,431,109 


£ £ 

3,668,111 

- 

3,668,111 

During fiscal year 2011 International Fund for Animal Welfare, Inc provided certain program, fundraising, 

accounting, information technology and management support and services to IFAW Charity. These services, which 

are reported as a component of institutional support and services, were provided at cost totalling £4,094,647 

(2010: £2,708,121). 

Contracts with Marine Conservation Research (“MCR”) 

During fiscal year 2011, the Charity contracted with MCR, an independent UK-based marine management 

company owned and operated by two former employees of the Charity, for research work and to maintain and 

operate the Song of the Whale for research voyages. Under the terms of the contracts, the Charity paid MCR £183 

thousand to maintain and operate the vessel and £270 for research work. 

15 Movement in funds 

Opening balance 8,209,043 

Net movement in funds 2,586,496 

Closing balance at 30 June 10,795,539 

16 Funds 


£ £ 

4,812,985 

3,396,058 

8,209,043 

As part of the Charity’s overall reserves and risk management strategies, the Trustees may approve increases to the 

Designated Fund in order to ensure program sustainability and improve diversification of financial resources.

39 





IFAW Charity’s funds were comprised of the following as of 30 June 2011 and 2010: 

At 1 July 2010 6,256,446 

Incoming resources 22,286,894 

Expenditures (20,011,858) 

Unrealised gains on investments - 

Realised gains on investments - 

At 30 June 2011 8,531,482 

At 30 June 2010 6,256,446 

General Fund Designated Fund Restricted Fund 

Total 

£ £ £ £ 

1,905,160 

74,326 

(14,755) 

355,437 

(75,091) 

2,245,077 

1,905,160 

47,437 

344,753 

(373,210) 

- 

18,980 

47,437 

8,209,043 

22,705,973 

(20,399,823) 

355,437 

(75,091) 

10,795,539 

8,209,043 

During fiscal year 2011 the Charity received funds from donors and affiliated organisations totalling £344,753 

(2010: £351,409), which were restricted to use for costs associated with the Charity’s priority and regional 

programs. During fiscal year 2011, restricted funds totalling £373,210 (2010: £414,949) were expended. Amounts 

restricted as to use as of 30 June 2011 and 2010 are illustrated as follows: 

Companion Animals 8,164 

Regional Priorities 10,816 

Whales - 

18,980 

Net assets by fund were comprised of the following at 30 June 2011: 

Fixed assets 911,147 

Current assets 8,835,356 

Current liabilities (1,215,021) 

Net assets 8,531,482 

. 

General Fund Designated 

Funds 


£ £ 

Restricted 

Funds 

4,132 

43,305 

47,437 

Total 

£ £ £ £ 

2,245,077 

- 

- 

2,245,077 

- 

18,980 

- 

18,980 

3,156,224 

8,854,336 

(1,215,021) 

10,795,539

40 





17 Notes to the cash flow statement 

Note 17a) 

Net investment in funds 2,586,496 

Investment income (74,326) 

Depreciation 126,383 

Unrealised (gains) from tangible investments (355,437) 

Realised losses/(gains) from tangible investments 75,091 

Transfer of tangible fixed assets from IFAW IA - 

Transfer of tangible investment from IFAW IA 

Transfer of amounts owed from affiliates, net from 

- 

IFAW IA 

Transfer of prepayments and other assets from IFAW 

- 

IA - 

Transfer of deferred income from IFAW IA 

Decrease in cash deposits with managers awaiting 

- 

investment 40,733 

(Increase)/decrease in debtors (621,211) 

(Decrease) in redundancy provisions - 

Increase in creditors 290,336 

Net cash inflow from operating activities 2,068,066 

Note 17b) 

Reconciliation of net cash flow to movement in net 

funds 

Increase in net cash for the year 2,028,273 

Net funds at 1 July 3,596,460 

At 30 June 5,624,733 


£ £ 

3,396,058 

(63,699) 

121,002 

(242,624) 

(4,191) 

(20,919) 

(1) 

(742,371) 

(1,752) 

422 

106,787 

185,043 

(101,736) 

696,981 

3,329,000 

3,219,396 

377,064 

3,596,460 

Note 17c) 

Analysis of change in net funds 

1 July 2010 Cash flow 30 June 2011 

£ £ 

£ 

Net funds: 

Change in cash held at bank and on hand 3,596,460 

2,028,273 

5,624,733

ifaw-united-kingdom-charity-financial-statements-2010-2011

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