A foundation can receive donations and other voluntary contribution enabling it pursue its statutory goals.
Donations received that are used for financing emission reduction projects are
- Funds for financing emission reduction projects are raised in form of a “climate surcharge” contained in the price for a cooperating partner’s product. The price difference to an ordinary product (without “climate surcharge”) is used directly for financing emission reduction projects. Differing from financial commitments, this sets a specific product carbon neutralized for the consumer.
- Payments made by individuals on a voluntary basis that are not linked to the use of a specific product or service that are not dedictaed to any specific project.
Due to legal requirements, we are obliged to apply all donations received to our statutory causes promptly. We also pledge that the emissions neutralizations undertaken on behalf of the consumer are in fact realized and publish our accounts every year. Donations generally are tax-exempt. We provide donors with donation receipts. You can support us by money transfer or using PayPal.
In case donations forwarded by a cooperation partner or directly received from a consumer exceed the current financial requirements for projects, we accrue reserve funds for future project activities. Within our project portolio, there are less cost intensive and more cost intensive project types, the latter yielding additional side benefits other than emission reductions alone. Such projects could not be financed without using reserve funds.