The Future For Nature Foundation has been designated a charitable institution (ANBI status) by the Dutch Tax Administration. This means that donations by the Future For Nature Foundation to third parties are exempt from gift tax. Donations and inheritances received by the Foundation are also exempt from gift and inheritance tax.
Funds received by the Foundation are spent on:
• Three annual prizes of €50,000 for promising young conservationists
• Secretarial expenditures
• Organizing the annual Future For Nature Award Event
• Publications and other communications on Future For Nature and the work of our current and previous winners.
The members of the Future For Nature Board receive no financial rewards for their Future For Nature activities. Future For Nature has no salaried employees. Future For Nature has outsourced its operational activities, whose expenses are covered in line with an annually agreed budget (see also: Jaarrekening 2016 Stichting Future For Nature [Dutch]).
The annual accounts are drawn up and approved by an accountant.