Justice for Prosperity initiates projects to strengthen open democracies. We encourage and incentivize businesses and civil society to participate.
The purpose of Justice for Prosperity does not include generating profits. Of all income 90% is destined to invest in projects supporting the objectives of the donors and only 10% to maintain the organization.
Next to passive income and donations, public and private grants will be pursued in support of the activities of the foundation. A maximum of 20% of the annual revenue will be reserved for:
- participation in grants that require co-financing. Most grants funded by governments and European institutions (e.g. grants by European Commission – DGHome, DGDEVCO, DGNEAR) require co-financing of e.g. 10%;
- acquisition of new funds including participation in Requests for Proposals;
- overhead: e.g. office rent, website, banking, etc.
Budget permitting and, as demanded by the workload for primary activities and maintenance of Justice for Prosperity staff are hired. Organization’s assets include:
- donations, testamentary dispositions, and bequests;
- grants for the execution of projects, subsidies, and other contributions;
- other acquisitions and benefits.
The assets of Justice for Prosperity serve to attain the objectives of its statutory purpose, including the implementation of projects in the long term.
As audited not-for-profit we declare not to retain more assets than in the opinion of the Board, and tax authorities are reasonably necessary to guarantee the continuity of the work in pursuit of its objectives.