What is the legal Status of Loop?
OurLoop Stichting (Loop) was registered by the Dutch Authorities as a Charitable Foundation on the 24th of April 2020 with RSIN number: 861193660.
We are currently applying to the Dutch Tax Authorities for ANBI status and the request is pending.
The Deed under article 2 states that the objects of the foundation are:
a) to enable the most marginalised, vulnerable and underserved people to share their experiences in a safe, open and transparent way, to affect positive social change at the individual, community and global levels;
b) to improve the provision of aid to people affected by a crisis.
This objective will be pursued by, inter alía, setting up and maintaining a global digital platform that enables people who are affected by crisis and receive aid to feedback in a neutral and transparent manner to improve the aid provided.
At Loop the governance and business model must live and breathe equity, equal participation, flat power structures and empowerment as well as a culture of open and vibrant feedback, because this is what we hope to enable more generally. As such we are developing a Pay Equity Policy. The approach will learn from the HOT, Ushaidi and Buffer models and will be adapted to Loop as it evolves.
As a global digital platform, and expecting to recruit people from varied and diverse backgrounds, we have a remote first working policy.
The Governing Board decides on the remuneration for the Director and will approve the Pay Equity Policy/Remuneration policy for the Director and other personnel. Salaries shall reward staff in line with market practice and according to socially acceptable and justified criteria in keeping with the status of Loop as a public benefit organisation (algemeen nut beogende instelling).
According to Article 5 of the Deed, Board members shall receive no remuneration, neither direct nor indirect, for the work they perform for the foundation in that capacity.
Remuneration is not taken to include:
1. a reasonable, non-excessive compensation for costs incurred for the benefit of the foundation;
2. an appropriate attendance fee.
Why is Loop registered in the Hague, Netherlands ?
The staff, Board members, Advisory Board members and developers are based all over the world. The Loop platform is global and housed in the Cloud. With this virtual team and global focus, the location and registration of Loop could have been anywhere in the world.
We needed it to be in a credible, well respected location where there is a strong, vibrant and forward-thinking environment for Charities but also for the tech and innovation sector. The Hague which is the well-respected global centre for Peace and Justice, is within the European Union and is recognised as meeting minimum standard requirements with regards to financial accounting and legal equivalency for many countries, seemed like an excellent option.
Why is the Board made up of people who come from Developing contexts?
The vision of Loop is a world where the most marginalized, vulnerable, and underserved people can share their experiences in a safe, open and transparent way, to affect positive social change at the individual, community and global levels. Who better to ensure that the Charity holds true to its purpose of raising the voices of people from affected populations than those people themselves?