How we work
Two funds. One formula. A public ledger.
In a country our size, reputation is the only asset that matters and the one thing we can't buy back. So we remove the argument entirely.
Two funds that are never mixed
Impact Fund
Donations — every one, from every rail.
Disbursements to beneficiaries, decided by the independent committee.
100% to beneficiaries. Nothing deducted — no fees, no costs.
Operations Fund
Sponsorship, entry fees and grants.
Salaries, insurance, equipment, event costs.
Our sponsors pay for our team, so donations don't have to.
We publish both funds side by side, in the same ledger, in real time.
A euro raised in a town
Chapters are internal teams, not separate legal entities. One bank account, one set of books, one audit — and the split formula is public:
70%
beneficiaries in that same town
20%
national operations
10%
Solidarity Fund
Why 70% local
It answers the only question a local sponsor really asks: does my money stay here? And it gives every new town a reason to start a chapter of its own.
Why a Solidarity Fund
The north has the greatest need and the smallest start lines. Without this we'd only serve towns that can fill a race — exactly the wrong outcome.
Why we publish the formula
Because a split people can read is a split nobody has to trust us about.
We publish the ledger. Both directions.
Generated from the database — not typed into a PDF once a year.
Every euro in
Date, amount, the donor's chosen display name or “Anonymous”, which fundraiser it belongs to, which town.
Every euro out
Date, amount, what it was for, and a link to the proof: receipt, invoice, signed handover, committee decision.
Append-only
Nothing is editable once published. Corrections appear as new, dated, visible rows. A ledger that can be quietly rewritten isn't a ledger.
Privacy still protected
“A family in Tivat, medical costs, €1,200” is enough for the public. Names and paperwork stay with our auditor, not the internet.
Who decides who receives support
The Grants Committee: three to five people, majority not employed by us, deciding against published criteria. Conflicts declared and recused. Neither the founder nor the director decides on recipients.
This also protects us. Cash counted by two people, same-day deposits, receipts for everything. Not because we distrust each other — because the person who handles money should never be the only person who can vouch for it.