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FAQ (Frequently Asked Questions)

This FAQ is dedicated for questions related to funding. If you would like to post a project and have queries about, please click on FAQ under "Post a Project".

  • › What is Ecofund?

    Ecofund is a nonprofit association based in Germany. Ecofund manages a global web platform connecting green-minded people who want to make a difference with people with “green” projects, our Champions. Our focus is ecology, the protection, regeneration and sustainable management of our eco-system. Ecofund is demand driven. Ecofund is not about aid, it’s about your investment in our future ecosystem.

  • › How is Ecofund different from other initiatives?

    Ecofund offers the first peer-to-peer funding web platform with a focus on our ecosystem. Second, it is community driven: Some would like to save the rainforest, others to protect a breeding site in their locality. Wherever you decide to impact our ecosystem positively, Ecofund can facilitate it. You can post or fund the project you like to support, whether it’s in your neighborhood or on the other side of the globe. There is ONE and ONLY ecosystem, all projects contribute to protecting it. All projects are selected by Ecofund’s team which combines both extensive grass roots experience in developing countries and professional expertise in project design, management and evaluation. Moreover, projects are backed by a recognized local organization or individual with professional knowhow and track record of management of ecoprojects.

  • › Why should I Ecofund?

    Ecofund gives you a unique experience: the opportunity to preserve our ecosystem in a simple, transparent and concrete manner. Moreover, Ecofund gives you the opportunity to create new relationships with likeminded green friends around the globe; better understand the environmental challenges impacting each local context; meaningful cultural exchange and fruitful dialogue for our ONE ecosystem. We believe that it’s far less costly and more direct for you to preserve our ecosystem through your support to small locally run projects than restore an already damaged ecosystem through very expensive programs funded through your passive tax contribution.

  • › Why is Ecofund simple, transparent and tangible?

    When choosing your ecoproject, you can directly contact the Champion to gather further information on him and the project or simply get in touch. Then register by acknowledging Ecofund’s terms & conditions and make your donation online. Ecofund gives you the opportunity to fund your ecoproject through small donations (€ 5 and up). Ecofund aggregates all individual donations until the ecoproject’s budget is fully funded. We then transfer your donations entirely or step by step to the Champion or his local ecopartner based on agreed milestones. You can stay in touch with the Champion and follow project progress on Ecofund’s web platform.

  • › Can I trust Ecofund?

    Transparency is central to Ecofund and the way it is set up. Your donation goes through PayPal, an independent secured online payment system. Local ecopartners are professionally and morally recognized organizations or individuals who guarantee the credibility of the champion and ensure follow up of the ecoproject in the field. Before making your donation through Ecofund’s web platform you can directly contact the champion or gather more information on our local ecopartner. Thanks to our web platform, on “Funded projects” you can monitor the progress of ecoprojects implementation and their results.

  • › How do I register with Ecofund?

    Registering with Ecofund is free and easy. Just click “Register” on the bottom of the web site, then: - fill in your first and your last name, - fill and confirm your email address, - chose and confirm your password, - select your country, - tick the icon that you accept Ecofund’s terms & conditions - tick the icon, if you want to receive Ecofund’s news on project updates - tick the “Register now” button ant that’s it. We will send you an email to ensure that it’s you who entered the email address. All you need is to accept the email by clicking on the link. Once registered, you will receive Ecofund’s news and have access to comment on Ecoblog posts.

  • › How do you select the ecoprojects ?

    Projects are initiated and managed by local Champions. They send us a project funding request. These are small scale initiatives with big positive impact not only on the local but also on our global ecosystem. Ecofund selects projects according to our guidlines in collaboration with our ecopartners. With its professional expertise in project design, management and evaluation, Ecofund helps Champions to structure their ecoporjects for funding. Selected projects, called ecoprojects, are then published on our web platform.

  • › What does “deadline” mean?

    Our mission is to boost all initiatives promising positive impact on ecosystem. After support in project structuring, Ecofund offers these initiatives a web platform for fund raising. For the benefit of our ecosystem, we want all Champions to succeed with their ecoprojects. Thus, we will give each project enough time to raise the requested funds. However, we do not want an ecoproject to collect funds for years. Therefore, for each project individually we fix a deadline, i.e. maximum time for publication and fund raising on Ecofund’s web platform. However, ecoproject deadlines may be prolonged by Ecofund based on a successful evaluation against criteria such as remaining funding gap, donor interest (clicks) and project feasibility.

  • › What happens with my donation if the ecoproject doesn’t collect 100% of its requested funding or will not more be feasible?

    We consider an ecoproject as the smallest compact module of items and actions needed to generate concrete and tangible results impacting positively our ecosystem. If all collected donations don’t meet project’s funding request within its deadline, project – as submitted - will not be able to produce the envisaged results. In other words, it will simply not be feasible. There may also be other reasons, such e.g. political or natural disaster, which may lead us to cancel a project. When you donate to Ecofund, we consider you like our initiative, and thus like and support all featured projects with a preference for a specific one. If your preferred project is not feasible, Ecofund will use your donation according to our terms & conditions, to fill the gaps of the other featured projects, which haven’t yet reached their deadlines.

  • › What are ecoproject transaction costs?

    We believe that transparency and generosity can go hand in hand when handled responsibly. Therefore, the ecoproject total costs - as featured on Ecofund’s web platform – include costs of all items and actions needed to implement the ecoproject. With our initiative we aim to “globalize” and “democratize” the protection of our ecosystem. “Democratize” means that donations start at EUR 5, so everyone can contribute and positively impact our ecosystem. However, this has a relatively high transaction costs. Only the online payment via PayPal costs 45 centimes for a donation of EUR 5, i.e. 9%. Moreover, international bank transfers costs (depending on destination) between 5 and 7% of the amount transferred. There are also other donation related transaction costs, such as communication. The higher the amount of your donation, the lower is the part of its transaction costs, and the higher the part to benefit the ecoproject. We invested our time and money in building and launching the platform. Consequently, we consider the transaction costs of up to 15% explained above as fair, transparent and necessary for an economically viable management of the platform. We are working hard, so in the near future, PayPal may offer a discounted service to Ecofund or we may find another less costly online payment service, so that a greater part of your donation remains exclusively reserved for ecoprojects.

  • › How does Ecofund finance its management and development costs?

    Ecofund’s management and development costs include costs of maintenance and further development of Ecofund’s web platform. Furthermore, they also include costs for external services and costs for communication and administration. Ecofund’s management and development costs are met by the benevolent work of the Ecofund team, financial contribution of associates, voluntary donations, and sponsors. We would therefore appreciate your donations to Ecofund.

  • › Is my donation tax deductible?

    Ecofund is a nonprofit tax exempted Association based in Germany. Donations to Ecofund are therefore tax exempted for European donors. For donations below EUR 200 your PayPal or credit card receipt is sufficient for your fiscal declaration for tax exemption of your donation to Ecofund. Ecofund will issue a receipt only for donations exceeding EUR 200 and after Ecofund’s bank or PayPal account has been credited. Donation receipts will be issued retrospectively at the end of each calendar year. Please read regularly our Terms and Conditions.

  • › How can I contribute to the Ecoblog?

    We invite you to contribute to our Ecoblog by registering with Ecofund and sending us your comment or article by email. We hope that you understand that we reserve the rights to select articles and comments posted.

  • › Are my personal data on Ecofund confident and secure?

    Please refer to our Privacy Policy.

Ecofund Jargon

Champion : the local person or association who owns the project, i.e. the one who initiated and will implement it. Determined, dynamic, and entrepreneur, for us they are true champions!

Ecoproject : a thoroughly researched and selected project which will produce a positive impact on our ecosystem. Ecoprojects are classified in categories.

Ecopartner : an organization or individual(s) who are backing the ecoproject. They monitor the project for Ecofund and build a partnership with the champion. Ecopartners are recognized for their professional knowhow and track record of management of ecoprojects.