SCAR receives its funding primarily through the National Contributions of its Member countries. SCAR also receives funds through grants and other proposals for specific projects. Members also provide additional voluntary contributions to fund specific activities, such as Fellowships and Visiting Professorships. It is also possible to make donations to SCAR.
The SCAR financial year is matched to the calendar year and annual accounts are prepared on that basis and submitted to Companies House and Charity Commission in the UK. This reflects SCAR’s status as a registered company and charity in the UK.
Delegates approve budgets to reflect the priorities for SCAR over 2 year periods, with updates on an annual basis at the Delegates and Executive Committee meetings. All budgets and financial statements are posted on the SCAR website once approved.
SCAR aims to spend less than 40% of its budget on administrative costs.