Tax-efficient giving, also known as periodic giving, means that you formalise your donation in an agreement and commit to donating a fixed amount annually to Changing Stories for at least five years. This allows you to reclaim part of your donation from the Dutch Tax Authorities.

The difference between a regular donation and a periodic donation is well explained on the website of the Dutch Tax Authorities. You can find more information on this page:
https://www.belastingdienst.nl/wps/wcm/connect/nl/aftrek-en-kortingen/content/verschil-periodieke-giften-gewone-giften

You must commit for a minimum of five years—shorter is not allowed. However, you can choose to donate for a longer period.
If you have an open-ended agreement and wish to stop after five years, you can do so easily by sending an email to info@changingstoriesfoundation.org

In principle, no. If you do terminate the agreement early, you must notify the Dutch Tax Authorities, who will determine the consequences for your tax deduction.
The agreement may end early in the following cases:

  • You or your partner passes away,
  • You lose your job,
  • You become incapacitated for work,
  • Changing Stories loses its ANBI (public benefit organisation) status.

You can cancel the agreement in writing. Please note: If you stop donating within five years (without a valid reason), you will lose the right to deduct the donation from your taxes, including for previous years in which you did donate.

By law (Article 88 of Book 1 of the Dutch Civil Code), a periodic donation agreement requires the signature of your spouse or registered partner.

With a periodic donation agreement, you can reclaim up to 37.05% of your annual donation. The exact percentage depends on your income and age. Use the tax calculation tool that is offered online by ANBI to quickly determine your tax benefit.

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