FAQ Category: 5. Funding
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If sponsors were dropping out, would you let this happen?
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We would do everything possible to bind sponsors to us within the objectives and design of the foundation. Who are the sponsors who are dropping out? Please provide the name and the lost opportunity in US $.
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Can I withdraw my sponsorship/donation?
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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…
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Is there a sales tiger or a fundraiser needed to close the deals of funding?
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We have quite a few people on Zoom calls who have these capabilities. Yes, we’ve described the fundraiser in a competence profile, so we’ll get there to install an officer for this task and consult the current team of participants when the position is vacant. The status of early 2025 is that the L3C +…
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I want to donate, but I’d like to know upfront what will you do with my money?
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Thank you for considering donating. This is how we onboard donors: Look at the projects currently at hand and the vacant positions we’re filling in on this site! We’re ready to accept donors from March 2025. Because we can’t make a deal, we can talk to donors in a non-binding way.
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What about money flowing to another foundation that supports KERI?
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We have to keep the community together as well as we can. But not at all cost. How important do you think it is to operate as a unit? Anyone would prefer to be “Sam Smith Certified,” and to get there; any donor has to establish a connection with the one and only KERI foundation…
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How are you going to attract sponsors and donors?
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We envision frain-grained methods to onboard international sponsors and donors to (directly funded) projects under supervision and value-adding by the foundation. That doesn’t mean we’re perfect. Supposing you have a better proposal in mind, these are the questions that we pose ourselves in a local context but bearing the greater picture in mind: