Triggerise Stichting is a Public Benefit Organisation (ANBI) governed by the laws of the Kingdom of The Netherlands. Triggerise Stichting serves the public interest and does not aim to making profit.
The official name of the Foundation is Triggerise Stichting. The official seat of the Foundation is
Weesperstraat 61 1018 VM Amsterdam, The Netherlands.
The objectives of Triggerise Stichting are to create, foster, invest and/or manage businesses and philanthropic solutions to under-served market segments worldwide.
Board of Directors:
Chair of the Supervisory Board:
The initial funding for Triggerise Stichting was put forward by Population Services International (PSI). This funding was a mix of cash and in-kind which means that PSI was directly covering some of the Stichting’s expenses, including staff and operational costs. During the first year of Triggerise’s operation, PSI also acted as a payment center for Triggerise for specific projects in which PSI and Triggerise collaborate on the ground. As of July 2016 Triggerise has been fully deconsolidated from PSI and is operating independently.
Triggerise Stichting is also participating in calls for applications – alone as well as part of larger consortia – put forward by Donors, including the Dutch Ministry of Foreign Affairs.
The Stichting also receives project-based revenue from Partners in the field. This revenue is strictly related to implementation of activities under the respective projects, plus an overhead fee.
Combining all sources of revenue, including projected we had a turnover of around EUR 748,632 in 2015, including contributions in kind.
Triggerise Stichting makes capital contributions to its 100% subsidiary and management company, Triggerise BV, established in Amsterdam. The Stichting itself incurs very limited costs as its Boards of Directors and Supervisory Directors receive no salaries.
Triggerise BV builds technology that is open source and is intended to have a social impact, including Movercado, our flagship technology platform. Further Triggerise BV recruits, manages and invests in operational resources required by any of the mentioned projects.
The current costs structure consist of salaries related to Triggerise BV’s staff working on projects, as well as operational expenses. Further costs are made regarding the extension and improvement of the Movercado software and the application of that software on the various projects.
As the costs of Triggerise BV’s development of open source software and its operations exceeds the project-based revenues Triggerise Stichting seeks funding by sponsors on a permanent base.
Triggerise’s highest costs for the year were related to the actual set-up of the foundation. Most of these costs were contributed in Kind by PSI. The remaining funds were remitted to Triggerise BV. Triggerise BV is developing the technology and managing all operations. These operations include:
- Staff – (here is the team)
- Operational costs related to set-up and implementation of projects in the field;
- Development and configuration of technology;
As projects in the field are always implemented with partners, parts of the costs are directly incurred by these partners as part of the terms of agreement.
Triggerise Stichting is currently implementing projects in following locations:
Burundi, India, Kenya, Mozambique, Nigeria, Tanzania, Uganda, Cambodia.
These projects are implemented in cooperation with partners – such as PSI – and involve specific applications that include:
- Building and management of reward-based eco-systems;
- Health Companions;
- Management of referrals and voucher systems;
- Management of community-based networks, including micro-entrepreneurs.
Partners & Clients
Our Current Partners on the ground include:
Our work is made possible through the Funding received from:
Ministry of Foreign Affairs of the Kingdom of The Netherlands
* As defined Article 5b General Tax Act, articles 1a / m 1st Implementation General Tax Act 1994, specifically Section 1a, paragraph 3, letter j and 7.)