Governance & ANBI Compliance
Transparent organization and compliance with Dutch ANBI (Public Benefit Organization) requirements.
ANBI Status
Board & Organization
- •Composition: The Foundation is governed by a board of at least three members: a Chair, Secretary, and Treasurer.
- •Remuneration: Board members serve without financial compensation, except reimbursement for necessary expenses.
- •Representation: The Foundation is represented by the full board or two board members jointly, one of whom is the Chair or Treasurer.
- •Integrity & Conflict of Interest: Decisions are made in accordance with the statutes; potential conflicts of interest are recorded and published when relevant.
- •Meetings: Held physically or digitally as required, with minutes archived for transparency.
Purpose & Activities
Mission:
To build a safer and more trustworthy digital world by developing and maintaining open-source protocols for identity, privacy, and digital trust.
Public Benefit Objective:
The Foundation serves the public interest and operates entirely without profit motive. All proceeds are reinvested in activities that advance secure and transparent online interaction.
Core Activities:
- •Open-Source Development: Design, program, and publish open-source protocols and software (e.g. Web of Trust Protocol, Kubo demo app).
- •Education & Awareness: Promote digital literacy, privacy awareness, and responsible online identity — with a focus on children and youth through Operation Kidst.
- •Infrastructure Management: Maintain servers, repositories, and knowledge platforms supporting the open-source ecosystem.
- •Research & Collaboration: Participate in conferences and work with developers, researchers, and organizations worldwide to strengthen digital integrity.
- •Applied Development: Establish or co-own social enterprises (e.g. Kubo B.V.) that generate returns exclusively for public benefit projects.
Financial Policy & Transparency
Funding Sources:
- •Donations and contributions from individuals and companies
- •Grants and subsidies from public or private funds
- •Proceeds from participations (e.g. Kubo B.V.)
- •Collaborative project funding
Use of Funds:
All income supports the Foundation's statutory objectives. A modest reserve is maintained only to ensure operational continuity.
Tax Benefits (ANBI Status):
As an Algemeen Nut Beogende Instelling (ANBI), the Foundation enjoys and provides the following tax advantages:
- •Exemption from gift and inheritance tax on donations and legacies received.
- •Exemption from corporate income tax on funds used to achieve the foundation's public objectives.
- •Donor deduction: Gifts from individuals and companies are tax-deductible within the conditions set by the Belastingdienst.
- •Periodic gifts (recorded for a minimum of five years in a written agreement) are fully deductible, without thresholds or limits.
These benefits ensure that both donations and the Foundation's resources are used entirely for public benefit — without taxation losses. Learn more about ANBI tax benefits.
Publication & Accountability:
In accordance with ANBI rules, the Foundation publishes annually:
- •Board composition and policy plan
- •Financial report and activity summary
- •Remuneration policy
- •RSIN number and contact details
Annual Reporting:
Reports are published within six months after year-end, no later than 30 June.
Dissolution Clause:
If the Foundation is dissolved, any remaining assets will be transferred to a comparable ANBI organization with a similar purpose.
ANBI Compliance Documents
The following table lists all required ANBI documents and their publication status:
| Document | Action |
|---|---|
Statuten (Articles of Association) 79 KB Published | Download(79 KB) |
Beleidsplan 2025-2028 (Policy Plan) 86 KB Published | Download(86 KB) |
Jaarverslag (Annual Report) Coming Soon | N/A |
Activiteiten Verslag (Activity Report) Coming Soon | N/A |
Why It Matters
By maintaining full ANBI transparency, Web of Trust Foundation ensures donors, developers, and partners that all resources directly contribute to public benefit — advancing open, safe, and decentralized internet infrastructure for everyone.