Remuneration Policy

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The Pan-European Foundation (PEF) is a Dutch ANBI (Algemeen Nut Beogende Instelling, Public Benefit Organisation). As required under Dutch law and in accordance with Article 4.11 of our Articles of Association, the Foundation does not remunerate its board members.

 

Our remuneration policy is based on the principles of transparency, integrity, and full compliance with ANBI regulations.

 

1. Board of Directors

 

Board members: including the President, Vice-President, Secretary-General, and Treasurer, receive no financial compensation for their duties.

 

This means:

 

• no salaries

• no honoraria

• no bonuses or performance-related compensation

• no consulting or advisory fees from the Foundation

 

Board members may only receive reimbursement of reasonable expenses incurred in the execution of their official duties, such as:

 

• travel costs for meetings or events

• accommodation when required

• administrative or communication costs

 

Reimbursements are granted only upon submission of receipts and must be approved according to internal procedures.

 

The Articles of Association allow for a modest attendance fee; however, PEF currently does not provide attendance fees.

 

2. Advisory Board

 

Members of the Advisory Board contribute on a voluntary basis and receive no remuneration.

 

They may be reimbursed for reasonable expenses related to their advisory responsibilities, subject to prior approval.

 

3. Staff, Volunteers, and Interns

 

At this stage, the Foundation carries out its work primarily through volunteers, including:

 

• policy researchers

• analysts

• editorial contributors

• communications and media officers

• administrative support

• interns and fellows

 

Volunteers receive no financial compensation.

 

They may be reimbursed for expenses made on behalf of the Foundation with prior approval.

 

If PEF hires paid staff in the future, salaries will be:

 

• reasonable and market-conform

• aligned with ANBI regulations

• fully disclosed in the Foundation’s annual reporting

 

4. External Service Providers

 

PEF may engage external professionals (e.g., legal, design, or administrative services).

 

Such payments must:

 

• support the Foundation’s public-benefit objectives

• be market-conform

• be transparently included in annual financial reporting

 

5. Transparency and Review

 

PEF publishes annually:

 

• the remuneration policy

• financial statements

• the activity report

• the policy plan

• the names and roles of board member

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This ensures full compliance with ANBI requirements and our commitment to public accountability.

 

The remuneration policy is reviewed annually by the Board and updated if needed to remain compliant with Dutch law and the Foundation’s governance standards.