Whether it is financial or material support, our contracts are permanently verified by our legal department so that they correspond all the legal requirements. The contracts may be either a donation or a sponsorship. We are always transparent about how we use the financial support received from our Partners.

The sponsorship/donation agreement is the legal act by which two persons agree to the transfer of ownership over material goods or financial means with the declared scope of supporting non-profit activities carried out by the Foundation, who is the beneficiary of the sponsorship/donation.

Sponsorships/donations are made with purpose and destination – where material goods or financial means are contributed for the enactment or performance of specific activities/scope, as carried out by the Foundation according to its mission statement.

Taxpayers granting sponsorships/donations have the right to benefit from a deduction of the taxable income with all or part of the sponsorship/donation amount, depending on the specific fiscal rules applicable in the jurisdiction where such taxpayers are incorporated and function.

Should the legal provisions applicable to a sponsor/donor entail certain specific legal conditions to be met or if the fiscal / tax requirements for deductibility are of concern, we express our availability to address any such circumstances.