We want to be 100% transparent and spend 100% of your donations on the purpose for which it is intended. For these reasons, Flexim International, as the main sponsor, is responsible for all the overhead so that your contribution is fully spent on the project it is intended for.
The Tax and Customs Administration regards Flexim Foundation as a public benefit organization (ANBI). Donating money to Flexim Foundation is therefore not only fiscally beneficial for donors, but also for Flexim Foundation itself. Donations are tax deductible under this scheme and Flexim Foundation does not have to pay a gift tax. This increases the effectiveness of the donations. More about ANBI can be found on the website of the Tax Authorities.