Oxfam, founded 1942 in Oxford, is a charity looking to create a world where everyone lives in a world without poverty. To further their cause Oxfam spent £298.4M on development projects, humanitarian aid and various campaigns. Oxfam raises these funds through various channels, the largest of these being Government and public body donations making up 45% of total income. Following this are donations and legacies with 25% of total income and after that trading revenue (Charity shops) with 22% (Annual report 2014-2015, 2016). These funds are generated by Oxfam as a whole however Oxfam GB works as a separate identity to Oxfam Global which operates as a confederation with 17 branches, each in a different country. This is however with the aim of all branches growing and working as affiliates just as Oxfam GB currently does. In order to operate more effectively Oxfam collaborates with other organisations to spread its influence and activities. In total Oxfam works with 775 partners across the globe ranging from private sector companies, governments and Non-Governmental Organisations.
Because of this work Oxfam was able to provide a positive change for 11.8 million people worldwide. This figure has increased from last year by roughly 800,000 people. The reason behind this is the huge increase in humanitarian aid, as 2 million more people are caught in crisis such as civil wars compared to previous years. Oxfam has recognised its changing nature stating that the world is …show more content…
However donations from government organisations make up 45% of funding as mentioned earlier. With popular calls for the government to curb foreign aid with many developing nations experiencing high GDP growth this could have a detrimental effect on the finances Oxfam has available to work with. Oxfam needs to bolster its alternative forms of revenue to ensure a stable future to work
Because of this work Oxfam was able to provide a positive change for 11.8 million people worldwide. This figure has increased from last year by roughly 800,000 people. The reason behind this is the huge increase in humanitarian aid, as 2 million more people are caught in crisis such as civil wars compared to previous years. Oxfam has recognised its changing nature stating that the world is …show more content…
However donations from government organisations make up 45% of funding as mentioned earlier. With popular calls for the government to curb foreign aid with many developing nations experiencing high GDP growth this could have a detrimental effect on the finances Oxfam has available to work with. Oxfam needs to bolster its alternative forms of revenue to ensure a stable future to work