Finances

The Porvenir Peru Foundation was established by Ernesto Zulliger, the current president of the foundation board, who contributed the necessary founding capital. From the outset, the purpose of the organisation was to establish an endowment foundation for which not only the return on assets and the donated funds would be used to achieve its overall purpose, but if necessary, for which the foundation capital could also be used.

As of 31 December 2017, the Swiss foundation and its Peruvian aid organisation had a total of USD 41'000 in funds available to finance aid projects for the future.

The foundation has neither fixed staff nor office costs so it can easily cover the annual administration and management costs with this low level of funds. Where costs are concerned, these mainly concern auditing and book-keeping for the foundation and our Peruvian aid association. These are prescribed by law and unavoidable.

Below the audited financial reports (in German) for the last years.