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2024-12-31-accounts

Basic Income Earth Network (BIEN) 40 Kedale Road Seaford BN25 2BU Email: bien@basicincome.org Website: www.basicincome.org

ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The Basic Income Earth Network (BIEN) was constituted as a Charitable Incorporated Organisation on the 11th June 2017 and registered as a charity, number 1177066, on the 8th February 2018. Its constitution was amended on the 21st December 2020.

Trustees during the year were as follows: Anje Askeland (until 2024-07-45), Diana Bashur, Sarath Davala, Jurgen De Wispelaere, John Simon Duffy, Jacob Elliott, James Patrick Grant, Fabienne Hansen (from 2024-08-31), Neil Howard, Michael Hinford, Reinhard Huss, Peter Titcomb Knight, Hilde Latour, Seng Kiat Lee (from 2024-08-31), Julio Linares, Annie Glenda Miller, Kai Corrigan Nau (until 2024-04-23), Olaf Michael Johannes Ostertag, Tyler Prochazka, , Lindsay Stirton (from 2024-08-31) Malcolm Torry (until 2024-08-31).

Sarath Davala was the Chair. The Deputy Chair was Hilde Latour. Lindsay Stirton replaced Malcolm Torry as Treasurer on 2024-08-31. Fabienne Hansen replaced Diana Bashur as Secretary on the same day.

Trustees met thirteen times during 2024.

The BIEN Congress took place at the University of Bath in August 2024. The 2024 Annual General Meeting took place in hybrid form (in person and online) during the 2024 Congress. The 2025 congress will take place in Niteroi, Rio de Janeiro state, Brazil.

During the year, BIEN maintained a website, published news updates, maintained contact with its members and with affiliated organisations, and responded to requests for information. In addition, 2024 saw a number of significant accomplishments in relation to BIEN's charitable purposes. In particular:

Human Rights, setting out the arguments for basic income as an instrument for a just transition.

BIEN’s finances are stable. Previously agreed grants from Mustardseed, Langkelly Chase and The Institute grants funded the regional hubs and knowledge repository projects, and membership fees and donations will enable BIEN to meet its other obligations for the next few years. As of the end of 2024, BIEN was anticipating a large grant from Mustardseed Trust. BIEN was also anticipating significant funding for its UBIdata project from ITSA Foundation. These grants were subsequently realised, with the consequence that BIEN is in an enviable financial position.

BIEN is very grateful to those individuals and organisations who continue to give time, effort and financial support to its work.

Public benefit statement: During 2024 the activities above were in accordance with the objects of the charity: ‘To educate the general public about Basic Income, that is, a periodic cash payment delivered to all on an individual basis, without means test or work requirement; to serve as a link between the individuals and groups committed to, or interested in, Basic Income; to stimulate and disseminate research about Basic Income; and to foster informed public discussion on Basic Income throughout the world.’ All of the Trust’s publications published during 2024 are freely available on the website, and an initial release of information about Basic Income via UBIdata has been accomplished.

Sarath Davala (Chair)

Lindsay Stirton (Treasurer).

Date: 2025-08-31

BASIC INCOME EARTH NETWORK (BIEN)

Charity number 1177066

Receipts and payments

for the period 1[st] January 2024 to 31[th] December 2024

1/1 to 31/12 1/1 to 31/12 1/1 to 31/12
2024 2024 2024
CAF Bank PayPal Total
Brought forward, balance 31/12/23 144,946.55 1,423.22 146,369.77
Income
Membership fees and donations 1,078.81 2,252.00 3,630.81
Donated royalties 728.13 0 783.13
Gift Aid 0 0 0
Mustardseed Trust grant for hubs project 30,529.30 0 30,529.30
The Institute grant for knowledge repository 16,000.00 0 16,000.00
Interest 2,219.83 0 2219.83
Total income 50, 556.07 2,252.00 53,163.07
Expenditure
Website and email inboxes 1761.58 0 1761.58
Mailchimp (monthly update) 2,725.42 0 2,725.42
Zoom account 155.88 0 155.88
Matrix communications and infotech 0 249.89 249.89
Donorbox and other platform fees 38.36 0 38.36
PayPal fees/bank charges 464 68.45 532.45
Trustee expenses 953.13 0 953.13
Insurance premium 526.44 0 526.44
Events 5590.86 0 5590.86
Staff costs 22,319.76 0 22,319.76
Independent contractors 31,557.20 0 31,557.20
Knowledge repository 55,051.99 0 55,051.99
Accounts inspection 250.00 0 250
Total expenditure 121,394.62 318.34 121,712.96
Transfers
Transfer UK Bank to UK Paypal 0 0 0
Total transfers 0 0 0
Balance at 31th December 2024 74,108.00 3,356.88 77,819.88

Funds

General Fund 14,336.55
BIEN hubs project 54,607.87
Knowledge repository -124.54
Permanent Fund 9,000
Total 77819.88

Bank accounts

1

Cafcash
Caf Gold
Total
7,929.01
66,178.99
74,108.00

Notes

1. Hubs project: movements 1/1/24 to 31/12/24

Hubs project balance at 31/12/23
Grants received
Mustardseed
Total grants received
Expenditure
Hubs project coordinator salary and costs
Hub managers contract fees
Events
Total costs
Hubs project balance at 31/12/24
30, 529.30
30, 529.30
22,319.76
31,557.20
5,590.86
83,546.39
0
59,467.82
54,607.87

This table should be read in conjunction with the hubs project projection in the appendix.

2. Knowledge repository project: movements 1/1/24 to 31/12/24

Knowledge repository project balance at 31/12/23
Grants received
The Institute
Total grants received
Expenditure
University of Bath for research
Autonomy for knowledge repository services
Common Knowledge for knowledge repository services
Total costs
Knowledge repository project balance at 31/12/24
16000.00
19000.00
19920.00
16131.99
38927.45
16000.00
55.051.99
-124.54

Lindsay Stirton, Treasurer

31 July 2025

2

Appendix to accounts for 1/1/24 to 31/12/24

Financial projection for the hubs project to June 2025

Please note that the financial year for the hubs project grants runs from July to June, and not from January to December.

ecember.
EXPENDITURE £
Year 1, July 2022 to June 2023
Regional hubs co-ordinator for three years: year 1, salary £19,200 p.a. + £1,970
employer NICs andpension
21,170
Africa hub manager for three years: year 1, contract fee £12,000 12,000
Operating budget for hubmanager and expensesforco-ordinator 3,000
Total for year 1, July 2022 to June 2023 36,170
Year 2, July 2023 to June 2024
Co-ordinatoryear 2, salary, employerNICsand pension 23,287
Africa hubmanager for three years: year 2, contract fee 12,840
Latin America hub manager for twoyears:year 1,contract fee 12,000
Asia hubmanager for two years: year 1, contract fee 12,000
Operating budgetsfor threehubmanagersand expensesforco-ordinator 7,000
Total foryear 2, July 2023 to June 2024 67,127
Year3, July 2024 to June 2025
Co-ordinatoryear3, salary, employerNICsand pension 24,451
Africa hub manager for three years: year 3, contract fee 13,482
Latin America hub manager for two years: year 2, contract fee 12,600
Asia hub manager for two years: year 2, contract fee 12,600
Operating budgets for three hub managers and expenses for co-ordinator 8,000
Total for year 3, July 2024 to June 2025 71,133
Total for project 174,430
INCOME
Lankelly Chase grant received 50,000
Mustardseed grant received and expected 121,054
Total income 171,054
Deficit to be met from general or permanent funds 3,376

3

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