Exzerpt from the statutes.

Preamble

The Prof. Dr. Kumpugdee Vollrath Foundation was established by Prof. Dr. Mont Kumpugdee Vollrath and was founded on February 22, 2022. The foundation serves both some of the founder’s past and future life goals, as stated in its charter. These goals are to be pursued with the help of this foundation even after the founder’s death.

§ 1 Name, legal form and registered office

I. Under the name „Prof. Dr. Kumpugdee Vollrath Foundation“, it accepts donations to its endowment.

II. It is not a legally constituted foundation or other legal entity, but a non-legally constituted foundation under the trusteeship of MIX Consulting und Treuhand GmbH – hereinafter referred to as the trustee – and is therefore represented by the latter in legal and business transactions.

III. The foundation’s registered office is located at the trustee’s address in Berlin:

MIX Consulting und Treuhand GmbH c/o RA Kanzlei Winkel | Theodor-Heuss-Platz 8 | 14052 Berlin | Managing Director: Alexander Winkel | AG Charlottenburg (Berlin) – HRB 54206 B | Tel.: +49 (0)30 / 327 789 – 0 | Fax: +49 (0)30 / 327 789 – 70 | E-Mail: info@mctg.eu

§ 2 Purpose 

I. The purpose of the foundation is to promote various tax-privileged purposes, in particular:
1. youth welfare;
2. education, general and vocational training, including student support;
3. art and culture;
4. international understanding, tolerance in all areas of culture, and the concept of international cooperation;
5. development cooperation;
6. charitable purposes.

The foundation achieves the aforementioned purposes by raising and distributing funds to other tax-exempt organizations for the realization of these same purposes. The foundation’s purpose is realized in particular through the financial support of projects worldwide, especially in Thailand. It may also directly carry out its own projects in line with the aforementioned purposes.

Examples of projects:
Culture Day (e.g., reading aloud from a book)
, Art Day (e.g., painting, working with clay),
Music Day (e.g., with instruments).

The objectives do not have to be achieved on an equal footing.

II. The purposes listed in paragraph 1 do not need to be realized to the same extent in each case. The foundation may also provide funding abroad; in addition to realizing its tax-privileged purposes, its activities also serve to promote the reputation of the Federal Republic of Germany abroad.

III. The promotion of the statutory purposes mentioned in paragraph I includes the dissemination of the results through appropriate public relations work.

§ 3 Non-profit status

I. The foundation pursues exclusively and directly charitable and benevolent purposes within the meaning of the section “Tax-privileged purposes” of the German Fiscal Code (AO).

II. The foundation operates selflessly. It does not primarily pursue its own economic interests.

III. The foundation’s funds may only be used for its stated purposes. No person may be favored by expenditures unrelated to the foundation’s purpose or by disproportionately high compensation. The founders or their legal successors shall not receive any distributions from the foundation’s funds.

IV. The foundation fulfills its tasks itself or through an auxiliary person within the meaning of Section 57 Paragraph 1 Sentence 2 of the German Fiscal Code (AO), unless it is acting by way of fundraising pursuant to Section 58 No. 1 of the German Fiscal Code (AO). It may operate ancillary businesses to achieve its charitable purpose.