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About us

What is Common Coin?

Common Coin is a NGO that offers potential givers the opportunity to support various local, national and international NGOs in the fields of environmental protection, humanitarian aid and animal welfare with one monetary giving.

How does Common Coin operate?

Common Coin is a NGO that offers potential givers the opportunity to support various local, national and international NGOs in the fields of environmental protection, humanitarian aid and animal welfare with one monetary giving.

Our distribution model
Our distribution model

Common Coin gives 30 percent of each giving received to NGOs in the fields of

  • Environment Protection
  • Humanitarian Aid
  • Animal Welfare

Giving are made to carefully selected local, national and international NGOs in their specific nonprofit fields.
Only a maximum of 10 percent of giving are used to fund Common Coin’s incurred costs, such as staff, rent, fundraising.

The NGOs inform Common Coin about their activities, explicitly what the givings received have achieved and what they were spent on. Based on this information, Common Coin reports to the givers on an ongoing basis, e.g. via newsletters and social media, directly and transparently, comprehensibly and believably that good is being achieved with their givings.

Common Coin enables givers to make an active sustainable social impact in the fields of environmental protection, humanitarian aid and animal welfare with just one monetary giving.

How does Common Coin operate with an example.

Stanley would like to get socially involved and give money. He has set a monthly giving budget of 20,00 € for himself. Stanley is not happy with the decision to be made to choose a NGO from the environmental protection or humanitarian aid or animal welfare. He would prefer to support several NGOs from all three areas with his 20,00 € giving, so that he can say for himself that he helps environmental protection, humanitarian aid and animal welfare.

Stanley learns through a good friend about Common Coin, a NGO that allows him to support several NGOs in the fields of environmental protection, humanitarian aid and animal welfare with his monthly giving of 20,00 €.

Stanley gives his 20,00 € to Common Coin. From this amount, Common Coin uses a maximum of 10 percent (2,00 €) to finance all costs incurred, such as personnel costs, fundraising costs and rent. 90 percent (18,00 €) of the giving are divided into 30 percent (6,00 €) each for the NGO areas of environmental protection, humanitarian aid and animal welfare and gave to NGOs from these three areas.

6,00 € (30%) of the 20,00 € giving will be gave by Common Coin to various NGOs active in nature conservation.

  • 2,00 € (10%) to Ozean Kind
  • 2,00 € (10%) to Planted
  • 2,00 € (10%) to Project Wings

6.00 € (30 percent) of the giving 20.00 € will be gave by Common Coin to various NGOs active in humanitarian aid.

  • 2,00 € (10%) to Sea Watch
  • 2,00 € (10%) to Wir Packen`s An
  • 2,00 € (10%) to Viva Con Agua

6.00 € (30 percent) of the giving 20.00 € will be gave by Common Coin to various NGOs active in animal welfare.

  • 2,00 € (10%) to Tierschutzverein Berlin
  • 2,00 € (10%) to Hunde Rettung Europa
  • 2,00 € (10%) to Sea Shepherd

The NGOs that Common Coin supports with monetary giving inform Common Coin about their activities, explicitly what the giving have achieved and what they were spent on. Common Coin reports on the basis of this information through various communication tools, such as newsletters, social media, Stanley what all is made possible and effected with his money, which organizations and projects are actively supported by him. Based on this direct ongoing communication, Stanley can transparently and believably verify that his giving is doing good and satisfying his need to support various NGOs in environmental protection, humanitarian aid and animal welfare.

At the beginning of the following year, he will receive a giving receipt from Common Coin for his annual giving volume and can claim it on his tax return.

Giving

How do I receive a donation receipt?

At the beginning of the year you will receive a giving receipt from us by e-mail for your giving made throughout the year. If you need your giving receipt earlier or if you have any questions, please send us a an e-mail to giving@common-coin.org.

Are donations tax deductible?

Many givers are often unaware that they can reduce the tax burden on the monetary giving they make when filing their income tax declaration. This means that the monetary giving reduces the tax burden to be paid. Giver can claim their monetary giving as a special tax expense. You can find more information here or consult your tax advisor.

When is Common Coin transfer the donations to the NGOs?

Common Coin always transfers the donations received to the supported NGOs at the end of the month.

Organization

Is Common Coin a NGO?

Common Coin is a NGO whose motivation and actions pursue only charitable purposes and goals.

The work of Common Coin serves exclusively and directly tax-privileged non-profit purposes in the sense of §§ 51 ff. A0 and, according to the last notice of exemption we received from the Tax Office for Corporations I, Berlin, dated July 05, 2021, Common Coin is exempt from corporate income tax pursuant to Section 5 (1) No. 9 of the German Corporate Income Tax Act and from trade tax pursuant to Section 3 No. 6 of the German Trade Tax Act.

Our organizational structure
Advisory Board

The advisory board acts as an external consulting body for Common Coin. Its task is to analyse and evaluate the actions of Commen Coin and, based on this, to develop possible strategies, decisions and measures that will bring about a more positive development of Common Coin.
The Advisory Board consists of five members who, based on their core competencies, experience and personalities, are suitable for fulfilling the tasks of the Advisory Board. Each member has equal voting rights.

Ethics Board

The decision which NGOs are supported by Common Coin is made by the Ethics Board of Common Coin. The Ethics Board has the central task of analyzing potential and currently supported NGOs and evaluating whether they are eligible for support. Eligibility is evaluated based on various criteria, such as transparency, effectiveness, communication, vision, goals. The Ethics Board consists of seven members who, based on their core competencies, experience and personalities, are qualified to fulfill the tasks of the Ethics Board. Each member has equal voting rights.

Costs

Costs to fund Common Coin

Various costs are incurred on an ongoing basis in the realization of Common Coin, such as:

  • Fundraising and marketing costs
  • Software costs
  • Administrative costs / Office supplies
  • Office rent
  • Personnel costs

A maximum of 10 percent of the giving received is used to finance the costs incurred. Common Coin continuously analyzes all individual costs for their compelling necessity as well as their impact. Common Coin tries to generate the maximum positive impact with as few costs as possible.

Why 10 Percent?

Common Coin has taken on the mission of counteracting the negative development of active givers in Germany and has set the goal of creating a new generation of giving. To achieve this goal Common Coin needs money to acquire new givers. With 10 percent of the donations Common Coin can not only cover the fixed costs but also invest the majority in the acquisition of new givers in order to sustainably create a new generation of giving.

With every donation to Common Coin you not only support NGOs in the fields of nature conservation, humanitarian aid and animal welfare, but you also help to acquire new givers. More givers means more givings for the supported NGOs and more money for the acquisition of new givers.

NGOs

Which NGOs will my donation support?

Common Coin uses your giving to support local, national as well as internationally active NGOs in the fields of environmental protection, humanitarian aid and animal welfare.

Who decides which NGOs Common Coin supports?

The decision which NGOs are supported by Common Coin is made by the Ethics Board of Common Coin. The Ethics Board has the central task of analyzing potential and currently supported NGOs and evaluating whether they are eligible for support. Eligibility is evaluated based on various criteria, such as transparency, effectiveness, communication, vision, goals.

The Ethics Board consists of seven members who, based on their core competencies, experience and personalities, are qualified to fulfill the tasks of the Ethics Board. Each member has equal voting rights.