Advantages
The Fond de Dotation du Web Libre (FDL) is an French endowment fund.
Organisations can donate up to 2 million euros (capped at 0.005% of sales) to endowment funds and claim back 60% from future taxes. Individuals can donate up to 20% of their taxable income and claim back 66% from future taxes.
Organisations: Example calculation
| Revenues |
2.000.000 |
2.000.000 |
|
| Maximum donation |
10.000 |
10.000 |
0.005% of sales |
| Max donation |
10.000 |
10.000 |
|
| Investing in FLOSS directly |
10.000 |
|
|
| Donating to FLOSS |
|
10.000 |
|
| ~30% Tax |
597.000 |
597.000 |
|
| Tax Deductable |
0 |
6.000 |
|
| Tax Payable |
597.000 |
591.000 |
|
| Paid for FLOSS |
10.000 |
4.000 |
Cost for a 10.000€ FLOSS project |
For individuals, 66% of the donation up to 20% of taxable income are tax-deductable.
Individuals
| Taxable Income |
20.000 |
20.000 |
|
| Maximum Donation |
4.000 |
530 |
20% of taxable income or 530€ |
| Tax deductable |
2640 |
398 |
66% of 4000 or 75% of 530 |
For more information, please refer to: