Foundation

Establishment

The founding members of the association are also the founders of the foundation. The board is also equally staffed.

Background

Since the beginning, we have acquired over EUR 5 million in donations, creating a sustainable infrastructure and the corresponding programs. 

Future

We want the infrastructure that has been created to remain in place “for all eternity”. To this end, the institutions and programmes must become as independent as possible of donations. In addition to the institutions’ own income, the foundation is to generate enough investment income in the long term to cover the costs of our activities.

Advantages for practical work

Our partners in Africa and we want to expand, consolidate and maintain what has been created in the long term. The foundation offers a sustainable source of financing as a basic income in the long run.

Advantages for contributors to the foundation

Creation of a meaningful task for existing capital, participation in the foundation’s board of trustees. Full tax deductibility over several years (a capital entry can be “carried forward” to the following years and thus deducted gradually). Tax advantages in the case of inheritances, e.g., by falling below the exemption limits by skimming off an amount as a foundation contribution.

How do I become a contributor to the foundation?

Contributors give a self-chosen sum into the foundation’s existing assets and thus increase the interest income of the Partnership for Africa Foundation. Endowments are possible at any time and in any amount. As with every donation, donors receive a donation receipt for the donated amount.