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What happens to my money?

When the target budget is attained, the project is deemed fully funded and your money is transferred to the project initiators. The project initiators must pay a handling fee in the amount of 9.84 percent (including statutory VAT) to the operating company; this fee is simply retained when the money is paid out. The handling fee is used for the operation of the project exchange and all expenditures of the operating company in this connection.

If the operating company does not pass the donation on to the project initiators because the target budget was not attained, it is up to you as a project investor to decide what should be done with the money donated. This also happens if a fully funded project cannot be implemented and the operating company receives the money back from the project initiators (e.g. because of illness).

Other projects with a high degree of financing will automatically be suggested to you as a project investor, so that other projects for the strengthening of the civil society attain their target budget.

As a project investor, you can, however dedicate the money donated to the project exchange or to the Respekt.net association.

If you as a project investor do not approve of any of the options offered, you can request a repayment of the money by e-mail. For this purpose, you must indicate your complete identification data (first name, last name, address, bank connection, account number of IBAN, sort code or BIC).

You have 14 days to react after receiving the information that the financing of a project failed. If you do not react during this period, this will be taken as assent that you want to allocate the money to one of the projects with a high degree of financing. You thus do not necessarily have react by e-mail.

If adequate financing of a project does not come about, the operating company reserves the right to inform you as a project investor of this fact already before the period has expired. Either to offer the possibility of making a further investor or to combine similar projects. The project investors thus already with their first donation consent to the combination with other projects if the target budget does not come about.