FOREWORD

Many landmarks were achieved in 2014; in excess of $20 million raised since 2006, along with impacting 29,000 children and 1,000 coaches since PACES was founded. With over 250 individual donors and 75 global institutions supporting us, PACES’ sustainability and impact remain unhindered.

But we are not mere numbers and the essence of PACES will never change. The wellbeing of our children, their health, hygiene and education remain our “raison d’etre”. We continue to develop and improve the core sports program all while adding social and civic components that we believe are critical to the development of PACES children.

Everyone at PACES: the children, the coaches, the management and the trustees extend our thanks and gratitude to all those whos collective generosity allows us to continue with our work.

Hani QattanFounder and Chairman

GLOBAL PARTNERS

NORTH AMERICA

MIDDLE EAST EUROPE

DONORS:Nike Inc - The Coca-Cola Foundation - Soros Fund Charitable Foundation (Matching Gifts Program) - George & Rhonda Salem Family Foundation - Converse Inc. - Object Dc - Kiblawi Foundation - Contrack - Boeing Foundation - King And Spalding

LOGISTIC SUPPORTERS:Mercy Corps - The King Baudouin Foundation United States - United Nations Development Programme - World Emergency Relief

DONORS: Abdul Hamid Shoman Foundation - Hikma Pharmaceuticals - Suliman S.Olayan Foundation - Saleh Al Hamad Al Mana Co - CCC - Al Hussam Holding - M. Dahleh Law Firm - Abraaj Capital - Capital Bank Jordan - Aramex International - Union Bank Of Jordan - Al-Noor Foundation - Shehadeh Law Firm - Al Tamimi & Co. - National Paints Factories Co. Ltd - Sayegh Group - Padico - Nahas Law Firm, Beirut - National Beverage Company Of Palestine - Birzeit Pharmaceutical Supply Co. - Aman Foundation - Arabia Insurance Company - Talal & Maha Shair Foundation - Optimiza - Msquare - Al Jaber Engineering Llc - Al Gurg Fosroc - Asian Football Development Project - Salam International Qatar - Rubicon Group Holdings - Khalid Ali Alturki & Sons (Alturki) - Atico - Shakour Abu Ghazaleh Endowment Fund - PalTel Foundation For Community Development - Al-Mal Capital - T. Gargour Et Fils Co - Cairo Amman Bank - Palestine Investment Fund (PIF) - BB Holdings Sal - Lin Scan - Emirates Link Group - Red Cresent Society Of The United Arab Emirates - Mace Contractors Company Llc - Fosam Company Ltd - Bayt.com - E.construct - Al Fadl Trust - Saba Consultants - Agfund (Arab Gulf Programme For Development) - Nstyle International - Saudi Arabian Company For Comforters And Pillows - Rawabi Holding - The Pontifical Mission - ASTRA - Palestine Investment Bank - Jordan Commercial Bank - Abu Dhabi Commercial Bank - GMS Holdings - Sanad / Eversheds

LOGISTIC SUPPORTERS:Oxfam - The Hariri Foundation - Lothan Youth Achievement Center (LoYAC) - Injaz - Sharek Youth Forum - Augusta Victoria Hospital - St. John Eye Hospital - Amideast - Microfund For Women - SOS Children’s Village - Wi’am - Defense For Children International - Palestine Medical Relief Society - Al-Riyadi Club

DONORS: Vitol Charitable Foundation - HSBC - Deutsche Bank - Brewin Leighton Painser Llp - Barclays - Pembroke Capital - Department Of Foreign Aid Ireland - The Linbury Trust - UNOSDP - Tamari Foundation - The Gothia Cup - Trafigura Foundation - OFID (Opec Fund For International Development) - Manchester City Football Club - Europe Arab Bank - The British Government - Republic Of France - The Norway Cup - The Amjad &Suha Bseisu Foundation - The Foundation For International Education - Asfari Foundation - Charitable Foundation Ymphasis - Angel Fund - Sookias & Sookias - Clifford Chance

MIRNA(Beit Sahour – Palestine)

I traveled to Norway with PACES where my teammates and I played against international

teams, made new friends, and learned about new cultures. Today thanks to the support that PACES provided to our Beit Sahour club from sports gear to qualified coaches, we now have a safe environment in which to develop our skills.

TARIQ(EL Bass Camp – Tyre / Lebanon)

As PACES aims to continuously improve its programs, we regularly participate in development and empowerment workshops as well as modern training sessions specialized in dealing with children.

Such workshops have significantly enhanced our professional and social skills. With PACES our dream of a stable and brighter future is realized.

CENTRESIN COUNTRIES80 3P a l e s t i n e L e b a n o n J o r d a n

JOBScreated since 2006

Largest youth football tournament in the World

2008

2nd

2009

3rd2010

IN 2014

1st2014

3rd

NORWAY CUP

1,000

Timothy Mattar

Ali Al Husry, Marwan Atalla, Mrs. Lana Habash, Isa Halabi, Dr. Sahar Huneidi, Bassam Kanaan, Hazem Malhas, Samir Murad, Ghassan Nuqul, Mrs. Majd Shweikeh, Mrs. Fairuz Taqi-Eddin, Sharif Zu’bi

Dr. Kareem Shehadeh

Ahmad Al-Sari

Mahmoud Al- Khawaja, Mazin Al-Khatib, Mrs. Cyba Audi, Mrs. Rama Chakaki, Amjad Habbas, Samer Khalidi, Ayman Khaleq, Amin Shahin

Amjad Bseisu, Hani Kablawi, Wael Khoury, Emad Morrar

Prof. Safwan Masri, Isam Salah

Bahrain

Jordan

Palestine

KSA

UAE

UK

USA

CHILDREN benefited from the program since 2006

BALANCE SHEETSTATEMENT OF FINANCIAL ACTIVITY

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Annual Report

2014

Palestine Association for Children’s Encouragem

ent of Sports

PACES

2014 $

2013 $

Current AssetsDebtors 265,667 524,363

Cash at bank in hand 74,502 70,498

340,169 594,861

Creditors: Amounts falling due within one year (288,843) (506,835)

Net Current Assets 51,326 88,026

Total Assets less Current Liabilities 51,326 88,026

Funds BalancesUnrestricted Funds 51,326 88,026

51,326 88,026

Year to31 Dec 2014

$

Year to31 Dec 2013

$

IncomeVoluntary income

Cash donations 1,735,439 1,562,583Gifts in-kind - -

1,735,439 1,562,583

ExpencesCharitable activities

Direct sport activities (1,353,056) (1,480,921)Project coordina-tors’ salary and other administra-tion expenses (357,117) (304,410)Foreign exchange translation (18,484) (10,247)Accountancy fee (5,767) (5,471)

(1,734,424) (1,801,049)

Governance costsLegal costs (27,006) (66,141)Audit fee (10,709) (9,441)

(37,715) (75,582)

Total expenses (1,772,139) (1,876,631)

Net movement in funds (36,700) (314,048)Total funds brought forward 88,026 402,074

Total funds carried forward 51,326 88,026

Hani Qattan - ChairmanSari Anabtawi - Trustee

Dr. Mamdouh Barakat - Trustee

GLOBAL ADVISORY BOARD BOARD OF TRUSTEES

SENIOR EXECUTIVE MANAGEMENT

Nahed Abu Sneineh - Advisor to ChairmanRania Arna’out -

Regional DirectorAmin Al Ahmad - Deputy Regional DirectorMohammed Sabbah Manager, Sports DevelopmentHaya Qadoumi -

Resource Development ManagerManal Rahal -

Country Manager– LebanonHind Gaith -

Deputy Country Manager– JordanKhaled Hibri -

Communication Manager  Ahmad Bukhari -

Assistant to the ChairmanRaja’ Khader -

Regional Finance and Systems CoordinatorPhilip Schatz -

Compliance Officer

PACES 2014 CYCLEPACES team planned fun days, civic activities and awareness sessions for enrolled children. During fun days, the children play and enjoy themselves

in a safe environment, while the awareness sessions encourage children to improve academic

performance and develop awareness for active citizenship, maintaining a clean environment,

healthy lifestyles, personal hygiene, nutrition, and for being productive adults.

VISION & MISSION

Creating positive change and building sustainable and strong communities through sports.

To provide opportunities to as many marginalized Palestinian girls and boys to play sports, flourish and grow in nurturing sanctuaries in order to empower them so

they grow up to become good and active citizens.

One of PACES’ most important objectives is to provide girls and boys

with a healthy, fun and safe activities, and encouraging positive behavioral

change. The children are taught the importance of respect, commitment, teamwork, sportsmanship, and ethics, in a fun non-traditional context.

29,000