Justice for Prosperity initiates projects to strengthen open democracies. We encourage and incentivize businesses and civil society to support and participate.
The purpose of Justice for Prosperity does not include generating profits. Of all income 90% is spend on projects supporting the objectives of clients and donors. A maximum of 5-10% is available 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:
- 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 not-for-profit we declare not to retain more assets than in the opinion of the Supervisory Board, Board of Directors and tax administration are reasonably necessary to guarantee the continuity of the work and organization. This is currently set at a maximum of 5-10% of the annual revenue.
