Net4kids Continuity FundThe key goal of the Continuity Fund is to guarantee the continued existence of the organisation by helping where projects or the organisation need it. In order to sustain this in the long term, the objective must be to limit loss of capital and use returns of the fund to cover project and organisational costs. As in past years, the decision was made to postpone the planned capital expansion for the Continuity Fund and focus on regular fundraising. Thanks in part to the planned appointment of Ton aan de Stegge to the board, and the associated agreements regarding organisational sponsorship, the remaining organisational costs were entirely paid for with the interest on the invested capital. Although the interest gaining potential remains intact, the decrease in obligation values does lead to a loss of capital amounting to € 185,890. |