Our foundation “Voice of Freedom” has been granted the status of “Public Benefit Organization” by the Dutch Tax and Customs Administration. (Dutch acronym: ANBI = Algemeen Nut Beogende Instellingen).
At least 90% of the efforts of an ANBI has to be focused on the general good.
If in a calendar year the sum of someone’s gifts to ANBIs exceeds 1% of the Dutch threshold income, the excess, with a maximum of 10% of that income, is deductible income. Also the ANBI itself is exempted from inheritance tax and gift tax on inheritances and gifts it receives, except on those made under a condition such that it is not for public benefit.