The endowment fund
Turbo Cereal France
With the Turbo Cereal France endowment fund, make a donation to support the associative activity working to keep our most distressed farmers active.
You also benefit from a tax deduction.
SCIC TURBO CEREAL FRANCE
A committed cooperative
The purpose of the Endowment Fund is any action of general interest aimed at taking into account agricultural distress in the face of over-indebtedness.
Governed by law n°2008-776 of August 4, 2008 on the modernization of the economy, the Turbo Cereal endowment fund finances the maintenance of the farmer's farm and support for the debt reduction of the farm.
Solidarity and respect for farmers in distress are the values conveyed within the cooperative and all of its employees. We wish to share them with our financiers who will have the opportunity to act directly and promote the recovery of farmers in difficulty.
Donations
Functioning
The purpose of the Endowment Fund is any action of general interest aimed at taking into account agricultural distress in the face of over-indebtedness.
Governed by law n°2008-776 of August 4, 2008 on the modernization of the economy, the Turbo Cereal Solidarité endowment fund finances the maintenance of the farmer's farm and support for the debt reduction of the farm.
Solidarity and respect for farmers in distress are the values conveyed within the cooperative and all of its employees. We wish to share them with our financiers who will have the opportunity to act directly and promote the recovery of farmers in difficulty.
Taxation,
from the Endowment Fund
By making a donation to the Turbo Cereal Solidarity Foundation , all individual financiers will be able to benefit from an income tax reduction equal to 66% of the amounts paid, limited to 20% of their taxable income (article 200 of the CGI).
Companies can also benefit from a tax-advantaged scheme of up to 60% of the amount paid, up to a limit of €10,000 or 5‰ of turnover. Investments can be used as a tax reduction (article 238 bis of the CGI).
Governance
The governance of the endowment fund is ensured by a decision-making body.
The Board of Directors
Composed of 3 members appointed by the President of TurBo Cereal France, it regulates the affairs of the Fund and chooses 3 members from among its members or employees.
In addition to these 3 members chosen by the President, there are 3 members, individuals or legal entities, chosen by the majority of the other directors for their skills in the areas of activity of the Endowment Fund.