Notes to the financial statements
Notes on funds
Within the Tilburg University Fund, the financial resources received and disbursed are managed through a number of separate funds. The finances for each individual fund in 2022 are set out briefly below. Most of the financial resources have been earmarked in a special-purpose reserve for each fund. The remainder is part of the general reserve.
Full details of the objectives and impact of the individual funds can be found elsewhere in this annual report.
Tilburg University Annual Fund
Donations amounting to €154,125 were received for this fund in 2022 from campaigns and ongoing telephone fundraising. This includes the portion of multi-year donations from previous phone campaigns received in 2022. An amount of €60,839 was disbursed to projects and scholarship students in 2022. Not all incoming donations have therefore been disbursed. One reason for this is the limited number of applications for scholarships. The other reason is that the university’s application round for projects only started late in the year. The disbursement of funding for projects honored will not start until 2023.
Have a Seat
Donations totaling €10,663 were received in 2022. €13,498 was disbursed in the form of top-level sports scholarships and regular emergency fund scholarships. The difference was made up from the special-purpose reserve.
Major Giving non-earmarked
In 2022, a total of €4,750 was donated to Major Giving projects but not earmarked. Thanks to these donations and non-earmarked donations from previous years, the ‘The public importance of religion’ research project at the Tilburg School of Behavioral Science was started this year. It received €23,442 in 2022. The difference was made up from the reserve.
Major Giving Outreaching Honors Program
This program received €12,870 in donations in 2022. A total of €88,000 was disbursed to support the program in 2022. The difference was made up from the special-purpose reserve. This payment means the reserve is now exhausted, leaving only ongoing donations.
Major Giving Zero Hunger Lab
Donations totaling €513 were received for the Zero Hunger Lab in 2022. No funds were disbursed during the year.
Major Giving scholarship students
Donations totaling €5,000 were received for scholarship students in 2022. A sum of €13,309 was paid as a scholarship for one student. The difference was made up from the special-purpose reserve.
Major Giving social start-ups
Donations totaling €6,500 were received for the Social start-up fund in 2022. It provided support in amounting to €7,900 for two projects. The difference was made up from the special-purpose reserve.
Major Giving pre-Bachelor’s program for refugees
Donations totaling €11,500 were received in 2022. A total of €10,000 was disbursed to support the pre-Bachelor’s program.
Major Giving data science
Donations totaling €2,500 were received in 2022. No payments were made from this fund during the year.
Mariënburg Campus named fund
A total of €49,744 was disbursed from this named fund in the form of seven scholarships in 2022, which were paid from the reserve.
Women of Bethany named fund
The first disbursements from this named fund were made in 2022, totaling €6,871. It was paid from the reserve.
Charitas voor Charitas named fund
€100,000 was received from the Fundatie Charitas in 2022; of this amount, a total of €48,836 was disbursed for the first four scholarships.
Professor Cobbenhagen Fund
No donations were received and no disbursements were made in 2022. The reserve accrued in the fund will be disbursed in future years.
Professors for Development
Donations amounting to €225 were received in 2022. No disbursements were made during the year.
Tilburg Africa Student and Knowledge Exchange Program
No donations were received and no disbursements were made in 2022.
Other projects
This fund is used for donations that are not linked to any specific program or project. These resources are used for short-term ad hoc projects.
In 2022, the Ukraine Emergency Fund was established with the aim of supporting students affected by the war in Ukraine. A fundraising campaign has been set up for the fund, which has raised €19,495, of which €18,300 has been used for the awarding of 23 scholarships. The remainder will be available for future applications. The Library and IT Services office at Tilburg University has sold old hardware and donated the proceeds, €30,638, to the university fund.
Three small projects were financed in 2022 from this fund, to the tune of €4,507 in total. One of the projects is about climate change, one is a moot court, and one involves a contribution towards the costs of a United Nations conference that students take part in.
