Organization

Capital foundation

The foundation has a starting capital of EUR 500,000, the majority of which has been donated by the founder Ernst Prost from his own private savings. "I have donated this amount which cannot be touched. The foundation carries out its functions from the revenues from the foundation's assets, from donations and endowment contributions", explains Ernst Prost.

Donations and contributions

Endowment contributions and donations make the foundation even more efficient. Together with the profits from the capital foundation, they provide the resources for all of the foundation's charitable projects. Any type of contribution whether an endowment or donation are tax deductible. The foundation can issue certificates for donations, better known as donation receipts.

Foundation Board

The Foundation Board members are the founder Ernst Prost, his son Benjamin Orschulik and his partner Kerstin Thiele from Eisenhüttenstadt, Germany.

Costs

"A lot of help at little cost" is one of the foundation's policies. The Foundation Board is a voluntary body. This is explicitly stated in the Articles of Association. Costs and money wasting that swallow the foundation's profits are strictly taboo. The foundation must be operated as lean and efficient as possible. No costs for personnel, rooms and leases are incurred.

Articles of Association

You can download the Articles of Association here (German pdf, 2.3 MB).