Equity control

Revenues consist mainly of annual donations from BENE Holding B.V. and other organizations. From this, the costs of equity control and accounting will be deducted. Other incomes can be obtained by fundraising. However, given the current financial position of the SEM Foundation the board’s main priority is selecting charities.

Equity control and administrative tasks will be conducted by external parties. According to the board, the cost of external accounts are not excessive and are in line with the work performed by the accounting firm.