PGH People for Global Humanity is a legally recognized charitable association (Verein), registered with tax authorities in Switzerland.
A tax ruling has been obtained from Swiss tax authorities that PGH is a non-profit association. Donations are tax deductible. PGH operates non-for-profit, all monies obtained are channeled 100% to its beneficiary projects.
Donations are disbursed to beneficiary projects for agreed upon expenditures and milestones.
Official reports about activities and uses of funds are sent to donors at least annually, ideally bi-annually. Periodic updates or info-emails about progress of PGH activities are provided via email.
Tax returns and annual accounts are prepared by Markus Madörin, Alltax AG, Zug, Switzerland. www.alltax.ch
Independent audits are conducted annually by Prisma Treuhand und Revisions AG, Zug.