We are transparent in everything we do.
Not only financially, but also in our communication towards all our stakeholders.
We weekly check our bank account and create quarterly reports about the financial status quo of the foundation. We work together with a tax office that is specialized in NGOs/foundations. Every year, we prepare our balance sheet and submit it to the tax office for review. Once a year, VSocial reports its use of funds in "Our Figures" on our homepage under "Transparency".
We continuously publish articles about our work on our homepage.
We conscious decide to operate without a donation seal, so that our donation does not have to be used for it! The examination by DZI, for example, would cost approx. 6,700 euros in the first year and approx. 5,700 euros in the following years (depending on our income).
Each registered association needs a statute, which was decided with the previous establishment of the association. The statutes are figuratively speaking the constitution. In the statute the regulations, which are carried out by the civil law book to the association right, are fixed. Furthermore, the statutes regulate the way in which the association has to work. Here you can download our legal statute.