Nonprofit

All donations are received and receipted by makmad.org e.V. Germany, a registered charity that operates a donor advised fund to fulfill donor advisements audited by IRS Hanover-North.

The books are kept transparently. Our Statutes provide that:

(1) The Association pursues exclusively and directly charitable purposes within the meaning of section “tax-privileged purposes” of the tax code and through the promotion of the general public in material, spiritual and moral area, particularly by scientific, cultural and artistic exchange.

(2) The Association is selflessly active, it does not pursue its own economic purposes. It promotes international understanding, tolerance and international awareness within and outside Germany.

(3) Means that accrue to the Association may only be used for statutory purposes. The members of the association may not receive any benefits from the Association in its capacity as a member. No person may benefit from expenditures that are foreign to the purposes of the Association, or be favored by a disproportionately high remuneration.

(4) Members of the Association’s bodies perform their duties generally truly voluntarily.

(5) Board duties can be exercised in the context of budgetary options by decision of the General Assembly for consideration on the basis of a service contract or to pay an allowance in accordance with § 26a of the Income Tax Act No. 3.

(6) For the execution of management duties and for the direction of a branch office, the Management Board may, as part of the budgetary possibilities, hire fulltime employees.

(7) The members and employees have a claim for reimbursement of expenses pursuant to § 670 BGB for such expenses which are incurred and proven through the activities for the Association. These include in particular travel costs, travel expenses, postage and telephone.

For further information please request our complete Articles of Association by contacting us at any time.

---

This post is also available in: German