The organization of the foundation - background knowledge

Our structures and the people behind the name.


Organization chart of the Wacken-Foundation:

Constitution:

Please read or download our constitution as PDF document here.

Asset of the foundation

Donations and donations in kind can support the Wacken-Foundation as well as external donations . Donation certificates can be raised on demand for every kind of donation resp. support because the foundation is a non-profit organization. Donations and donations in kind will be distributed straight for the implementation of the advancement in the course of a foundation business year. External donations will be subjected to the asset of the foundation. The annual for distribution capable fund of the foundation is made up of donations, donations in kind and the benefits of the foundation’s asset, e. g. interest.

Please note:It is assured that the fund of the foundation will almost exclusively be subjected to the foundations´ advancement because the managing board and the councillors defray all costs occurring by their activity in the foundation themselves. Members of the board of trustees will only be reimbursed costs for travel expenses and accommodation.