Fundación Escultor Daniel is financed through private contributions made by individuals, companies and other organisations. We guarantee the transparency of those contributions and comply with the obligations established by applicable legislation.

Donations made to the Foundation may be tax-deductible. The Foundation is subject to Spanish law on patronage (Law 49/2002 of 23 December). Natural persons are allowed to deduct 50% of the first €150 donated (75% starting in 2016) and 30% or 32.5% of amounts over €150 (35% starting in 2016) from their Spanish personal income tax (IRPF) for the 2015 fiscal year (per contributing entity/year when any donations to entities benefiting from patronage were made). Total deduction amounts will depend on how much was donated to the Foundation over the previous two years.

If the donating entities are legal persons, the deduction allowed on Spanish corporate tax is set at 35% or 37.5% (40% from 2016), also depending on the total amount donated to the Foundation over the last two years. This data on tax deductions is for informational purposes only. The Foundation will not be held responsible for its incorrect use.

The Foundation’s accounts are deposited with the Spanish Protectorado de Fundaciones in compliance with the applicable legislation.