The Charity Status of Integrate Climate is approved on a regular basis by the tax office for corporate income tax (Finanzamt für Körperschaften I) in Berlin, Germany. The legal document is available in German only.
Integrate Climate pursues exclusively and directly charitable purposes as defined by the section “tax-privileged purposes” of the general tax code. The organization acts selfless and does not primarily pursue its own economic purposes. Funds may only be used for purposes listed in the statutes.
Integrate Climate may not compensate any person for expenditures that are not related to the purpose of the organization and may not compensate disproportionately high.
The shareholders of Integrate Climate may not receive dividends and no other payments from the funds of the company. They will receive the nominal value of their share and their contributions in kind when leaving the company, on termination of the company, or if the company loses its tax-privileged status.