POLICY PLAN
ANBI
Stichting Imaginal Cells Foundation has applied for the status of Public Benefit Organization (Dutch acronym: ‘ANBI’) by the Dutch Tax and Customs Administration. We assume the status will be granted retroactively from January 1, 2023.
Name
Statutory name: Stichting Imaginal Cells Foundation
Brand name: Imaginal Cells
Chamber of Commerce registration number: 34281307
RSIN/Tax number: 818382247
Banking details: NL45 BUNQ 2062 9019 41
BIC: BUNQNL2AXXX
Contact details
Stichting Imaginal Cells Foundation
Fort Heemstedestraat 57
1384 AW Weesp
The Netherlands
Tel: +31 613488846
Email: info@imaginalcells.one
Purpose
Imaginal Cells aims to support and empower young people to realize their true potential, to visualize, shape, and create a better, more beautiful future, for themselves, each other, and the world. The Foundation seeks to achieve this by events, education and inner engineering programs, movement building, start-up acceleration, and financial support.
Policy plan
Although founded in 2007, the Foundation has had a dormant existence until August 2021. From that moment preparatory activities have taken place, which were gradually expanded in 2022. In 2023, the foundation will further build its organization, brand, and program, and prepare for the public launch of the Imaginal Cell movement on February 24, 2024. A multi-annual policy plan is in place for 2023-2025.
The Foundation’s mission is to develop and roll out offline and online educational programs for a new generation of young adults, focused on inner development, technologies for wellbeing, and social entrepreneurship. With this, we will accelerate this new generation to higher dimensions of consciousness and enable them to become successful changemakers with the aim to solve the world’s most pressing global issues. In our belief it is only possible to solve these issues from a higher dimension of consciousness than the dimension of consciousness in which they were created.
At the same time, we build a powerful global movement for (young) adults, change makers, (social) enterprises, wisdom keepers, artists, and creative minds, to support, empower, showcase, and enliven the change making initiatives spawned by the new generation.
Our fundraising strategy focuses initially on family offices and wealthy individuals. At a later stage we may address companies (amongst others company foundations, CSR, sponsoring), and grants (foundations and international funds).
A budget with planned expenditures for future years is approved by the Supervisory Board. The Executive Board gives account for the actual expenditures to the Supervisory Board.
Executive and Supervisory Board
Imaginal Cells Executive Board consisted in 2022 of Dennis Karpes and Paul Martijn.
In 2023, the foundation has entered a new phase. An amendment to the articles of association has taken place on February 20, 2023, and a new Executive Board and Supervisory Board have been put together to support the new design.
The Executive Board 2023 consists of:
Miranda van Gendt – managing director (a.i.)
Dennis Karpes – creative director
The Executive Board operates under the aegis of and is advised by a Supervisory Board whose members receive no award but can be allocated an expense allowance.
The Supervisory Board 2023 consists of:
Jenny Elissen – chair
Paul Martijn – general member
Erik Hallers – general member
The Board is responsible for overseeing the general affairs of the Foundation and the supervision of the Executive Board’s Management and policies.
The Board oversees the – periodically evaluated – remunerative policy of the Executive Board due to allowances being made in this respect for the Wijffels Committee’s “Governance Code for Charities”.
Remuneration policy staff
Dennis Karpes received compensation in 2022 totaling EUR 5,445 (including VAT).
There were no other paid employees. Salaries of future employees will be in line with (or below) market practice and follow the basic salary guideline 2016 of Goede Doelen Nederland.
Annual report and actual activities
The Foundation’s first financial year ran from August 1, 2021, to December 31, 2021. The first full financial year ran from January 1, 2022, to December 31, 2022.
BALANCE SHEET (after appropriation of result) | |||||
amounts in euro’s | 31-12-2022 | 31-12-2021 | 31-12-2020 | ||
ASSETS | |||||
Current assets | |||||
Cash at bank | 540 | 10210 | 0 | ||
Total assets | 540 | 10210 | 0 | ||
LIABILITIES | |||||
Reserves | -1493 | 10210 | 0 | ||
Liabilities | 2033 | ||||
Total liabilities | 540 | 10210 | 0 |
STATEMENT OF INCOME AND EXPENSES | |||||
amounts in euro’s | 31-12-2022 | 31-12-2021 | 31-12-2020 | ||
INCOME | |||||
Total income | 0 | 0 | 0 | ||
EXPENSES | |||||
Spent on objectives | 20910 | 2978 | 0 | ||
Costs of fundraising | 3106 | 1024 | 0 | ||
Costs management and administration | 2856 | 744 | 0 | ||
Total expenses | 26872 | 4746 | 0 | ||
Result before financial income and expenses | -26872 | -4746 | |||
FINANCIAL INCOME AND EXPENSES | |||||
Interest and banking costs | 153 | 44 | 0 | ||
NET RESULT | -27025 | -4790 | 0 |
The activities in 2021 and 2022 focused on preparing and building the organization, strategy development, brand development, and program development. In addition, efforts have been made on fundraising. The activities in 2021 and 2022 were financed from advances.
Budget 2023
The year 2023 will be dominated by program development and research, platform-building, and other preparatory activities for the major public launch on February 24, 2024. Expenditure on objectives is expected to increase to at least 80% of income in 2023 (77,8% in 2022). The increase in overhead costs (fundraising, management and administration) will be in line with the growth in revenues. The foundation’s fundraising strategy focuses on family offices and wealthy individuals. Consequently, the foundation changed its articles of association on February 20, 2023 in order to qualify for ANBI status with the Tax Authorities.