Endowments are suitable for providing long term support to our work.
Endowments do not have to be spent immediately, bur are instead used to permanently strengthen our capital base. This boosts interest earnings, granting the Climate Concept Foundation a source of revenue that is independent of often fluctuating donations. As our fixed costs are oriented on the income available through our permanent endowment, a donation to the endowment also allows us to expand our activities.
The bank in which the foundation’s capital stock is held only uses these funds for loans made to renewable energy projects. This serves our ends in a further, special way which is not common in non-profit organizations. Endowment are also entitled to tax benefits.
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