Finances

Follow our current progress here.

Our account balance (income minus expenses) is shown here:

24095 €

550.000 €

We have imposed complete Transparency on ourselves towards our donors. This means that we publish our updated account balance on our homepage once a week. Furthermore, we account for every significant expense item (more than 1,000 €) on our homepage and publish this.

In our partnership agreement we have set ourselves a deadline:

If we cannot acquire a ship within approximately one year, the funds will be divided among the already active NGOs using a previously determined distribution key. This is a central point of our campaign: we want the donated money to be used for sea rescue.

We hope that our rules of transparency will be accepted by our potential donors.

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We are acc. §5 KStG recognized as a non-profit. According to §60a Abs.1 of the AO, we may issue donation notices (donation receipts). For donations up to € 200, your bank statement is sufficient as a donation receipt for the tax office (in accordance with section 50 (4) sentence 2 of the EStDV2000). For higher donations, it is mandatory to state „Donation for SARaH gUG by first name, surname (or company address); street, house number; postcode, city“ in the reason for transfer. You will then receive a tax-deductible donation receipt from us (as soon as possible).