Charity Status

Effective 1 January 2009, the Dutch Tax Service granted IMI ANBI status.  ANBI, Algemeen Nut Beogende Instellingen (Institution Aimed at the Common Good), refers to charitable, religious, humanistic, cultural and scientific institutions whose mission and operations are deemed by the Tax Service to be overwhelmingly in service of the Common Good.

Apart from granting tax advantages to IMI, ANBI status also favors IMI’s Sponsors, Contributors and Patrons in countries that grant tax concessions to foreign registered charities, as well as those based in the Netherlands.

Following a detailed review by Sullivan & Cromwell, IMI has been deemed equivalent in nature to an entity qualifying for exemption from Federal income taxes under Section 501(c)(3) of the United States Internal Revenue Code.