The EPC's funding sources in 2016
The European Policy Centre (EPC) is committed to sound financial management and to transparency in respect of its funding sources. In line with its mission statement, the EPC is an independent think tank and none of the financing it receives affects its independence in any way.
The EPC's total income in 2016 was €2,293,980. The EPC ended the financial year 2016 with a surplus of €118,820. See below under audit report for more details.
Approximately 57% of the EPC's funding in 2016 came from grants from the following sources:
- The King Baudouin Foundation, the EPC's strategic partner, awarded the EPC a grant of €350,000. Click here for more information about the King Baudouin Foundation.
- The Europe for Citizens programme: the EPC has been receiving from the EU budget for several years an operating grant under the "Europe for Citizens" programme, alongside other similar think tanks and civil society organisations. The EPC was awarded a grant of €250,000 for 2016.
- The New Pact for Europe project, a pan-European project supported by a consortium of European foundations, led by the King Baudouin Foundation and the Bertelsmann Stiftung.
- The FutureLab Europe programme, which is supported by a consortium of European foundations.
- The EPC received €150,000 in 2016 from the Adessium Foundation to support two programmes: European Politics & Institutions and European Migration and Diversity.
- A donation of €50,000 was received from Cariplo for the years 2016 and 2017.
Another 26% of the EPC's funding came from membership fees. In 2016, the total income from membership fees was just under €600,000. Click here for information about EPC members, fees and benefits.
The remaining funds came mainly from contributions from a wide range of organizations for its programmes in the form of support for events and publications. Click here for information on all the organisations, which made a significant contribution (€ 5,000 or above) to the EPC's budget in this category in 2016.
Click here for the annual accounts for the last financial year and the auditor's opinion. The EPC's auditor is Saskia Luteijn Bedrijfrevisor Burg. BVBA.
The Governing Board is made up of non-executive directors and is responsible for the overall governance of the EPC, with day-to-day management assigned to the Chief Executive who is accountable to the Board for his actions (in line with Belgian law). The Board in turn is accountable to the General Assembly. Click here for information on the EPC’s governance arrangements.