Time is Now Foundation
1059 CW Amsterdam
Dutch Chamber of Commerce 67503934
Fiscal number 857034534
Triodos bank NL17TRIO0338537880
Non profit organization
The Time is Now Foundation (Stichting Time is Now Foundation) is a non-profit organization. The foundation shall not hold on to more than is reasonably necessary for the continuity of the activities, provided for the purpose of the foundation. The costs of management must be in reasonable proportion to the expenditure for the purpose of the foundation. Neither a natural person, nor a legal entity can dispose of the foundation’s assets as if they were its own.
The members of the executive board don’t receive any remuneration for their work. They are, however, entitled to reimbursement of the expenses reasonably incurred by them in the performance of their duties. The staff working for the foundation receives a remuneration according to the Dutch collective labor agreement salary scheme.
Acquisition of funds
The assets of the foundation consist of subsidies, gifts, and bequests obtained by inheritance, as well as other income. The Time is Now Foundation is a Public Benefit Organization (PBO). It has the Dutch Anbi-status. This means that donations are tax-deductible.
Read our annual financial report 2018, 2019 and 2020 (in Dutch).