Financial

SEMF is legally registered in the Spanish National Registry of Associations as a nonprofit association with number 625202.

In general, our financial resources may include institutional funds, donations, grants, etc. Those economic resources may be used for payments derived from the costs of the routine operation of the organization, costs of organizing events and activities, wage payments under labor contracts, etc. You can read more on our statutes.

Since its creation, however, SEMF has been running on the good will and financial support of its founding members for years.

We now have a donation platform on Open Collective where you can support us. All donation transactions can be seen transparenty there. You can get an idea of yearly SEMF minimum running costs by taking a look to this estimated budget example. Please note that this document presents only a projection and doesn't reflect actual economic operations.