Transparency International Initiative
The Ruth Cohn Foundation for the Support of Young Adults has signed the Transparency International initiative in favor of transparency in civil society. We are therefore committed to disclosing the goals our Foundation pursues, where our funds come from, how they are used and who decides on how to use them.
1. Name, Headquarters, Address and Year of Foundation
The Ruth Cohn Foundation for the Support of Young Adults. Unterer Metzgerbach 14, D-73728 Esslingen, Germany. Founded on May 19th, 2009.
2. Our Foundation’s Statutes
You can read our foundation’s statutes here (in German language).
3. Approval of Exemption from Tax Authorities
You will find the notice of tax exemption from the tax authorities in Esslingen here (in German language).
4. Name and Function of Decision-Makers
According to our statutes, the Managing Director is responsible for the non-remunerated management of the Foundation’s business. He/she is appointed for a four year term by the Board, most recently on March 31st, 2018.
The Board of Directors acts as a supervisory body with respect to the Foundation’s Management / Managing Director (see statutes). The chairman of the Board is: Christoph Huber, D-72119 Ammerbuch, Germany.
5. Activity Report
You can read the Managing Director’s report here (in German language).
At present, the Ruth Cohn Foundation for the Support of Young Adults employs neither full-time staff nor contract agents, since all current business is dealt with by volunteers. Only expenses incurred, such as for travel, postage, etc. are reimbursed.
7. Sources of Revenue in 2017
1. Revenue from capital gains, donations and gifts. Total revenue: 40.362,28 €
2. Expenditure: 14.197,63 €
The sum of the total assets of the Ruth Cohn Foundation for the Support of Young Adults on December 31st 2017, was: 232.242,53 €
8. Use of Funds
You can read our accountability report here (in German language).
9. Liability Toward Related Associations
The Board of Directors currently consists of five members, according to § 7 paragraph 2 of our statutes.
"One member of the Board of Directors shall always be appointed by the Management Board of the Ruth Cohn Institute for TCI-international (in Basle)."
The term of office is four years. At present, the Foundation is focusing its support on the “Association to Support TCI Training for Young Adults (FöVe)”. Its headquarters are in Cologne, Germany, and the association’s chairman is Friedemann Küppers, Drachenfelsstr. 46, D-50939 Cologne. The Foundation has no legal liability toward FöVe.
10. Names of legal persons whose annual contributions make up for more than 10% of total annual revenue
In 2015, the Ruth Cohn Foundation for the Support of Young Adults received no revenue from legal persons exceeding 10% of all revenue in 2015. We hereby confirm that the bodies called upon to take binding decisions for our organization meet regularly and that the minutes of these meetings are recorded. Questions directed to our organization will be answered within an appropriate period of time. Our annual accounts are personally signed by one of the decision-making members of our organization. Furthermore, our annual accounts are audited and the duty to fulfill this obligation is supervised by our internal auditing authorities.
The Managing Director