Policy Plan — Key Principles
Sources of income
The foundation receives income from:
- Donations from individuals and organisations
- Annual donations from supporting donors (€60 per year)
- Grants and project contributions
- Contributions for participation in training programmes, conferences and events
Use of funds
All income is used exclusively to realise the statutory purpose: education, knowledge development, public communication and scientific collaboration. No profits are distributed.
Asset management
Assets are managed by the treasurer under supervision of the full board. The financial year runs from 1 January to 31 December.
Upon dissolution
Any positive balance upon dissolution of the foundation will be allocated to an ANBI with a similar purpose, or to a foreign institution that pursues exclusively or almost exclusively the public interest and has a similar purpose.
(Article 16, paragraph 6 of the Articles of Association)