Transparency

Find out about the structure of Watershed and how we direct our funding.

  • 2017 Watershed Stiftung
  • 2019 Watershed Greece MKO
  • 2020 Watershed e.V.

Mail: [email protected]
Tel.:  +30 22 510 487 92

Vorstand Watershed Stiftung: Claudius Siwy, Patrik Veltins
Vorstand Watershed e.V.: Patrik Veltins, Karsten Schilly
Managing partner Watershed Greece MKO: Jonathan Turner
Authorised representative Watershed Greece: Alexandros Gkousis

The work of the Watershed Foundation exclusively and directly serves tax-privileged charitable and non-profit purposes within the meaning of § 52 para. 2 sentence 1 no. 11 AO and according to to Annex 1 of the last tax assessment received by us dated 20.05.2021 from the Cologne-Altstadt tax office, is exempt from corporation tax pursuant to § 5 para. 1 no. 9 of the Corporation Tax Act and from trade tax pursuant to § 3 no. 6 of the Trade Tax Act. The foundation is entitled to issue donation receipts in accordance with the officially prescribed form (§ 50 para. 1 EStDV) for donations made for these purposes.

The work of Watershed e.V. exclusively and directly serves tax-privileged charitable purposes within the meaning of § 52 para. 2 sentence 1 no. 1; 3 AO, § 52 para. 2 sentence 1 no. 9; 10 AO and § 52 para. 2 sentence 1 no.  11; 15 AO and, according to the last notice of exemption received by us dated 14.09.2021 from the Cologne-Altstadt tax office, is exempt from corporation tax pursuant to § 5 para. 1 no. 9 of the Corporation Tax Act and from trade tax pursuant to § 3 no. 6 of the Trade Tax Act. The association is entitled to issue donation receipts in accordance with the officially prescribed form (§ 50 para. 1 EStDV) for donations made for these purposes.

Vision

A world in which everyone has fair access to clean water, decent sanitation and shelter.

Mission

We aim to provide some level of dignity for vulnerable, displaced people, by achieving acceptable WASH standards and decent shelter, in Southern European migration hotspots.

Our Ethos

–        Teamwork

–        Solidarity

–        Hard work and hands-on spirit

–        Transparency

–        Friendliness

–        Practical solutions

–        Authenticity

–        On-the-ground mentality

Our Values

We believe in the humanitarian principles of:

  • HUMANITY: The singular motivation of humanitarian action is to save lives and alleviate suffering in a manner that respects and restores personal dignity.
  • IMPARTIALITY: Humanitarian action is based solely on need, with priority given to the most urgent cases irrespective of ethnicity, gender, religious belief, political opinion or class.
  • NEUTRALITY: Humanitarian actors refrain from taking sides in hostilities or engaging in political, racial, religious or ideological controversies.
  • INDEPENDENCE: Requires autonomy on the part of humanitarian actors, who are not to be subject to control or subordination by political, economic, military or other non-humanitarian objectives.
  • ‘DO NO HARM’: Aid can become part of the dynamics of the situation therefore we must try to minimise the harm we may be inadvertently doing simply by being present and providing assistance. To try and minimise harm, we must constantly be aware of and assess; the form in which assistance is provided (e.g. the more self-sustainable the better), the environment in which assistance is provided (e.g. safe, protected, relaxed), our own limitations (e.g. make no promises).

Safeguarding

Watershed has zero tolerance against harmful behaviour, abuse and exploitation of vulnerable people. We aim to ensure that anyone who represents our organisation behaves appropriately both in and outside of work and never abuses the position of trust that comes with being a part of the Watershed team. We also recognise that safeguarding is everyone’s responsibility and that we have an obligation to put in place reasonable measures to ensure, as far as possible, the safety and wellbeing of vulnerable people with whom we work and those we work alongside. For more information see our safeguarding policy.

The goal of Watershed’s operation is to realise safe water and sanitation services, provide safe shelter, enable people to practice adequate hygiene and contribute to the necessary nutrition and health of people in need. In implementing this goal, the focus is on helping people to help themselves. Watershed’s work is based on universal human rights, tolerance and equal rights for all people – irrespective of origin, faith and ethnicity.

As outlined above, we are currently set up as three legal entities. You can open the following articles of association in their respective original language:

We are independent of public funding, aiming for a balanced split of sustainable income sources. Our two major sources of funding are other non-profit NGOs and private donors. Whereas in our first year of operations only a handful of donors have supported our projects with a comparably high average donation sum, within the last four years we have been able to diversify and increase the number of donors. The decrease of average donation amount is thereby obvious, whilst dependencies from individual income sources are reduced.

ANNUAL REPORTS
Report 2020

Report 2019

Report 2018

ANNUAL REPORTS
Report 2020

Report 2019

Report 2018

expenditure structure

We are outlying the expenditure of our last fiscal year, summing up Greek and German entities. We will update this section accordingly, as soon as the next fiscal period reporting has been finalized with our respective chartered accountants.

All expenses
Total expenditure in 2019: 504,760.87€
Total project costs: 475,303.65€ (94.16%)
Personnel and per diem: 142,913.08€ (28.31%)
Rents: 20,373.31€ (4.04%)
Material and contractors: 176,136.36€ (34.90%)
Material and contractors in kind*: 103,446.03€ (20.49%)
Vehicle expenses: 20,042.81€ (3.97%)
Vehicle expenses in kind*: 9,600.00€ (1.90%)
Other expenses: 2,792.06€ (0.55%)
Total admin costs: 29,457.22€ (5.84%)
Admin i.e. legal, accounting, office: 8,932.84€ (1.77%)
Personnel: 8,464.32€ (1.68%)
Travel expenses: 12,060.06€ (2.39%)
Total expenditure in 2019:
504,760.87€
Total project costs:
475,303.65€ (94%)
Personnel and per diem:
142,913.08€ (28%)
Rents:
20,373.31€ (4.04%)
Material and contractors:
176,136.36€ (34.90%)
Material and contractors in kind*:
103,446.03€ (20.49%)
Vehicle expenses:
20,042.81€ (3.97%)
Vehicle expenses in kind*:
9,600.00€ (1.90%)
Other expenses:
2,792.06€ (0.55%)
Total admin costs:
29,457.22€ (5.84%)
Admin i.e. legal, accounting, office:
8,932.84€ (1.77%)
Personnel:
8,464.32€ (1.68%)
Travel expenses:
12,060.06€ (2.39%)
total expenditure in 2019

504,760.87€


475,303.65€

Project costs (94.16%)*


29,457.22€

Admin costs (5.84%)


*Of which 113,046.03€ donated as in kind expenditures and thus not shown in our P&L. Received as materials, services by contractors and vehicles from partner NGOs for direct project implementation purposes.

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