How to give to charity the smart way – explore your options!

If you want to make a one-time donation or make multiple sporadic donations, you can transfer money to the charity. The personal income tax reduction for donations is 45% of your donation amount if your donation meets the following conditions:

• The donation must be at least 40 euros per calendar year per charity organisation (this can be made up of several transfers as long as they are made by the same donor).
• The donation must be made to an accredited organisation.
• The organisation must issue a receipt for the donation it received.
• The donation must be monetary and be made by you alone (i.e. not be the result of a collective fundraiser or campaign).

The total amount of the donations entitling you to tax relief must never exceed:

• Either 10% of the total net income
• Or 408,130 euros (tax year 2025 – assessment year 2024)

ABN AMRO Private Banking Belgium can help you to choose an accredited charity organisation that meets your wishes. We also offer you the opportunity to support charities via the ABN AMRO Private Banking Belgium charity account for the King Baudouin Foundation. The Bank performs a thorough analysis and selects charities based on the following themes:

• Health and well-being for all
• Equal opportunities for all (specifically in education, work, sport and social settings)
• The environment and climate action
•  Poverty reduction

You too can donate to the charities we support.

A recurring donation is made at a regular interval to one or more charities, such as each month or each year. You can make such a recurring donation to support one or more charities in the long term by setting up a standing order. You can also make a recurring donation via the ABN AMRO Private Banking Belgium charity account for the King Baudouin Foundation. You too can donate to the charities we support.

If you want to fully develop your own project yourself, you may consider setting up a foundation. You can do this either in a notarial deed or in your will. It is important to provide sufficient (initial) capital to ensure the foundation is viable and able to fulfil its purposes. The foundation's assets are used to pursue a charitable purpose in the context of one or more specific activities. The foundation may not directly or indirectly distribute or provide any asset benefits to the founders, directors or any other individuals, except for the charitable purpose stipulated in the articles of association. The foundation must have at least one director.

There are both private and public foundations. A public foundation must have one of the seven purposes specified in Belgian law in order to achieve a philanthropic, philosophical, religious, scientific, artistic, educational or cultural purpose. A private foundation can have another purpose, which does have to be charitable (care for a child with a disability, for example).

You can set up your own fund under the umbrella of the King Baudouin Foundation. You can do this privately during your lifetime or add a full description to your will.

The fund's purpose must be a specific project. As the founder, you will sit on the Board of Directors. When your life comes to an end, a designated person, someone from the King Baudouin Foundation and an expert from the project you wish to support will then take your place. The King Baudouin Foundation will help to find this expert.

You can set up a fund from 75,000 euros. The fund can continue to exist as long as there is sufficient budget to achieve its purpose and the project it supports is also still running. In addition to its philanthropic purpose, your fund within the King Baudouin Foundation may also include a specific additional task for you personally, such as the organisation of your care when this becomes necessary together with the person you gave (health and welfare) lasting power of attorney to.