Categories:
3. Projects,
5. Funding
After a careful exchange of terms and the donor contract, there is the usual cooling-off period to sign the contract.
However, as soon as the contract is signed, the donor is obligated to pay the donorship, and we will have to strictly enforce that. A donor can only lay off the obligation by having another donor replace him/her.
This strict debtor management is necessary because we must deliver on our promises and need the finances to do so.
Having presented the general rule, individual cases can be discussed with the chairman of the Foundation to see if there is a way out.