Annual Report and Financial Statements 2015 Company number: 02874653 Charity number: 1029161 Annual Report and Financial Statements 2015 www.camfed.org info@c amfed.org twitter.com/camfed facebook.com/camfed Photo credits Mark Read, Jeff Winner, Charles Bibby, Daniel Hayduk, Adelle Pushparatnam, Sarah Winfield, Joseph Mills, Patrick Hayes, Jake Naughton, Alan Mathers, Brandon Smith, Anke Adams, Stef Ferrucci, Jeff J. Mitchell Copyright ©Camfed 2016. All rights reserved. CONTENTS Legal and Administrative Information ............................................................................................................................................1 Trustees’ Report ............................................................................................................................................................................. 3 Message from the Chair ..........................................................................................................................................................3 Camfed at a Glance .................................................................................................................................................................4 Strategic Report .............................................................................................................................................................................. 7 Aims and Activities: Where We Work and Why ......................................................................................................................7 Achievements and Performance: Camfed’s Community-Led Approach to Girls’ Education ...................................................9 Innovative Technology ...........................................................................................................................................................41 Innovative Partnerships .........................................................................................................................................................44 Measuring Our Impact: Monitoring, Research and Evaluation .............................................................................................47 Advocacy Achievements ........................................................................................................................................................50 Plans for Future Periods: Looking to 2016 and Beyond ........................................................................................................58 Governance and Financial Statements .........................................................................................................................................59 Structure, Governance and Management .............................................................................................................................59 Financial Performance and Policies .......................................................................................................................................63 Independent Auditor’s Report to the Members and Trustees of Camfed International .......................................................66 Consolidated Statement of Financial Activities .....................................................................................................................68 Consolidated Income and Expenditure Account ...................................................................................................................69 Consolidated and Charity Balance Sheets .............................................................................................................................70 Consolidated Statement of Cash Flows .................................................................................................................................71 Notes to the Accounts ...........................................................................................................................................................72 1 LEGAL AND ADMINISTRATIVE INFORMATION Trustees Miranda Curtis (Chair of Trustees) Grace Owen Brian Scott (Chair of the Finance and Audit Committee) Fiona Gilmore Valerie Caton (Chair of the Remunerations Committee) Robert Sansom Nick Swift Directors Miranda Curtis (Chair) Grace Owen Brian Scott Fiona Gilmore Valerie Caton Robert Sansom Nick Swift Executive Ann Cotton (Founder and President) Lucy Lake (Chief Executive Officer) Luxon Shumba (Chief Financial Officer & Company Secretary) Principal Office Principal Bankers St Giles Court Lloyds Bank plc 24 Castle Street 3 Sidney Street Cambridge Cambridge CB3 0AJ, UK CB2 3HQ, UK Telephone: +44 (0)1223 362648 Website: www.camfed.org Auditors Solicitors haysmacintyre Dentons UKMEA LLP 26 Red Lion Square One Fleet Place London London WC1R 4AG, UK EC4M 7WS, UK 2 CHANGING THE ‘DEFAULT SETTINGS’ IMPOSED BY POVERTY “I come from a context where the only choice was between food and education; where whole communities grew to believe that their place was at the bottom of the pile, that things would never change. Poverty is a psychological state, not just a physical one. That is why we founded CAMA, a network for young women graduates to connect with each other, mentor each other, access training, technology and funding. We work within our communities demonstrating what is possible when you educate girls. Because it isn’t enough to pay a girl’s school fees, and give her a uniform, then launch her back into the same context. We needed to change young women’s prospects and their life choices, after school. To take away the feeling of inadequacy, the lack of choices, the isolation – and replace it with a situation where, together, young women change the default settings poverty has imposed.” ANGELINE MURIMIRWA, ONE OF THE FIRST GIRLS SUPPORTED TO GO TO SCHOOL BY CAMFED, A FOUNDING MEMBER OF CAMA (THE CAMFED ALUMNAE ASSOCIATION), AND NOW CAMFED’S REGIONAL DIRECTOR (SOUTHERN & EAST AFRICA), SPEAKING AT THE HOUSE OF LORDS BY INVITATION OF BARONESS LANE FOX IN JULY 2015 3 TRUSTEES’ REPORT MESSAGE FROM THE CHAIR 2015 has been a year of exceptional achievement, in which the outstanding Camfed executive team led by Lucy Lake has continued to surpass every target and expectation. This has also been a year in which the innovation that characterises the Camfed Model has continued to flourish. The Learner Guide Programme is now showing demonstrable results in helping students to improve their learning outcomes, whilst at the same time equipping the Learner Guides themselves to pursue their own career goals and to secure their economic independence. We are now well on our way towards our goal of supporting a million girls through secondary schools in the five years to 2020, and the remarkable fact is that more than half of those girls will be supported by the members of our own alumnae network CAMA, and by our community partners. Whilst delivery of secondary school education to girls remains at the heart of the Camfed programme, we now also turn our attention to the more varied and complex needs of our CAMA members. CAMA’s growth is exponential: there are already over 55,000 members, which will rapidly rise to over 130,000 in the next two years and within a decade could easily number a million. These are confident and articulate young African women demonstrating the transformative power of education, acting as agents and leaders of change, igniting community engagement and philanthropy, and seizing the opportunity to transform their world. Our challenge now is to continue to develop the right programmes to enable those young women to attain their educational goals, to become role models for the younger generation, to pursue professional training, to set up businesses, to create wealth and employment, and to lift their families and their communities out of poverty. The rigour of Camfed’s award-winning data systems, and the prudence of our financial policies underpin every aspect of our model, and give our donors, supporters and partners the confidence that Camfed will continue to multiply the impact of their contributions. We still have a great deal to do, and we remain immensely grateful for your continuing support. Finally, at the Camfed strategy meeting in Johannesburg in February this year, we were delighted to welcome our new patron Julia Gillard, former Prime Minister of Australia, Chair of the Global Partnership for Education, and Distinguished Fellow with the Center for Universal Education at Brookings, who has already demonstrated her passionate and articulate advocacy for Camfed on the global stage. As she said to us then: “Stop and think about a million girls determined to change not only their futures but to change the futures of other girls in Africa. This is more than an organisation, it's more than a development model, it's a movement, a movement with the strength to sweep and reshape Africa ...” Miranda Curtis Chair of Trustees 4 CAMFED AT A GLANCE: OUR REACH IN 2015 School 2,548,225 students benefited from an improved learning environment at 5,306 government partner schools across Ghana, Malawi, Tanzania, Zambia and Zimbabwe 538,782 students were supported to go to primary and secondary school by Camfed, CAMA and community activities: 49,230 113,224 123,379 252,949 students benefited from students were directly supported children were supported to go to children were supported to go Camfed’s Safety Net Fund at to attend secondary school primary and secondary school to primary and secondary school primary