CMI’s funding in 2008 was 2,2 milj. €. More than 60 percent of CMI’s funding came from

government donors, most of which were European. The European Commission was also a

major contributor, with the rest coming from institutional and family foundations,

corporations and private donors. During 2008 the majority of funds continued to be earmarked

for specific projects. CMI has also been successful in increasing the amount of its core funding,

both from government sources and through increased donations from the private sector.

CMI’s Board and staff are deeply grateful for the trust and support the organization has

received, particularly in light of the prevailing difficult global economic conditions. Special

thanks also go to the organizations and corporations that have provided important in-kind

support and advice during the course of the year. They have provided valuable services, both

legal and technical, to CMI’s projects and operations.

The organization will continue its efforts to broaden its funding base and to increase the

proportion of unrestricted funding, as this is an important component enabling and

strengthening the development of CMI’s thematic programmes, as well as providing support to

the private diplomacy and mediation work of the organization. This work, particularly

that of the Martti Ahtisaari Rapid Reaction Facility, has seen a significant increase in requests

for assistance during the last year of operations. Responding more effectively to these

requests requires increases in capacity as well as resources.

CMI continuously strives to improve the quality of its work and to assess the performance and

impact of its thematic programmes. Programmatic work is monitored on a monthly basis

through internal reporting, focusing on the fulfilment of pre-determined objectives, to CMI’s

Director of Programmes and Board. In addition, CMI project teams conduct regular feedback

and internal assessment discussions with a view to identifying synergies and lessons learned.

A limited number of projects are selected for outside evaluation with a view to improving

accountability and organizational learning. Most of CMI’s donors have stringent and

regular reporting requirements regarding the use of funds, as well as on outcomes.

CMI’s financial reporting is audited by Ernst & Young and bookkeeping and accounting

 practices have been outsourced to Accounting Services Tilimatic.