Donations

The Dutch Revenue Service has recognized the foundation as an institution for the general good as meant in article 24, par.4 of the Dutch Inheritance Act ("Successiewet") 1956. This means that gifts and bequests to the foundation are exempt from Dutch gift- and inheritance tax that they are deductible for Dutch residents for Dutch personal income tax purposes.

The relevant provision results therein that gifts can be deducted from the progressively taxed "box 1-income" to the extent they exceed both € 60 as well as 1% of the overall income. The deduction cannot exceed 10% of the income.
If you are willing to support the foundation on a regular basis it may be attractive to do this in the form of the donation of an annuity. This is a periodical payment for a period of at least five years confirmed by a notarial deed. The advantage is that the above mentioned limits of 1% and 10% do not apply: the total payment is fully deductible. If the payment you are willing to make exceeds € 250 per annum a friendly notary is prepared to make the notarial deed free of charge. Visiting the notary is not necessary: The foundation will be pleased to send you the necessary power of attorney.

We assure our donors that their contribution is completely used in the childrens' home in Iquitos: the foundation has no Dutch overhead of any importance.

Are you willing to support our childrens' home you are kindly requested to remit your contribution to account nr.686555600 with the ING Bank in Amsterdam (IBAN: NL40INGB0686555600. BIC:INGBNL2A) in the name of Stichting/Fundacion "El Arco Iris" at Nieuwerkerk ad IJssel.