Annual Reports
Transparency, from the start
TLG Foundation was instituted on 27 July 2023. As a newly recognised foundation, we are preparing our first published activity and financial reports.
Reporting library
Each report is published here once approved. Status is updated as it moves through review.
2026
YEAR
Activity Report 2024–2026
Programme activity, partnerships and progress and the Colégio de São Fiel restoration.
2026
YEAR
Financial Report 2026
Statement of accounts, prepared for the auditor’s opinion and approval by the Founders’ Council.
2023
YEAR
Constitutional documents
Deed of institution, restated statutes and the recognition notice — available on our Governance page.
What each report contains
Our reporting is built to answer the questions a funder, partner or municipality would actually ask.
- Activity narrative — what we set out to do, what was delivered, and what changed along the way.
- Programme results — beneficiaries reached, courses delivered and partnerships signed.
- Financial statements — income, expenditure and the position of the endowment.
- Auditor’s opinion — the independent view of our statutory auditor.
- Governance record — decisions taken and how each body was involved.
How decisions are made
From proposal to approval, four steps.
1 · Propose
The Executive Board prepares plans, budgets and programme proposals.
2 · Approve
The Board of Directors decides, represents the Foundation and commits it.
3 · Review
The statutory auditor issues an independent opinion on the accounts and budget.
4 · Ratify
The Founders’ Council approves the annual report and accounts.
Why we report this way
Three principles behind how we account for our work.
Approved separately
The body that prepares the accounts is not the body that approves them. Two stages, two sets of eyes.
Independently checked
Our accounts are reviewed by a registered statutory auditor who holds no management role in the Foundation.
Published in full
We publish the complete report rather than a summary, alongside our constitutional documents
Common questions
A few things we’re asked often.
Who audits the accounts?
Oliveira Reis & Associados, a registered statutory auditor (ROC), acts as our Fiscal \u00danico. Under our statutes the auditor may not simultaneously hold any administration or management post in the Foundation.<\/p>
How can my organisation partner with you?
We welcome partnership inquiries from public entities, cultural institutions, businesses and civil society organisations. Please write to info@tlg.foundation with an outline of your proposal, and our team will follow up.<\/p>
Can I see the Foundation's statutes?
Yes. The deed of institution, the restated statutes and the recognition notice are all listed on our Governance page.
How can I request information not published here?
Write to us at info@tlg.foundation. We will respond to reasonable requests for information about our activities, governance and finances.
When does your financial year end?
Our financial year runs from 1 January to 31 December.<\/p>
How is the Foundation funded?
The €250,000 endowment plus the other asset sources named in Article 3 of the statutes: subsidies, income from activities, and assets acquired by other means.