Special Tax Regim

1. Name, identification, and registered address of the entity.

Description of the qualifying activity.

To contribute directly or through the promotion and support of other nonprofit entities that carry out direct actions in the national territory within the scope of qualifying activities defined by law. As a result of its work, the Foundation supports vulnerable populations in addressing their most pressing needs in areas such as: early childhood education, formal education, higher education, vocational education and human development, health, culture, science, technology and innovation, social development (including protection, assistance, and promotion of population rights), development, promotion, and improvement of public services, transparency, social control, anti-corruption, peacebuilding, public policy development and citizen participation, recreational activities for low-income families, community-accessible recreation centers, environmental protection, prevention and treatment of psychoactive substance use, support for sports, entrepreneurship, justice system improvement, and microcredit services. All actions are guided by public interest. 

3.Fiscal surplus for 2023Fraternidad Medellín reported an excedente surplus for66.411.000 (before income tax and supplementary taxes). On the other hand, the net profit or tax surplus for the same taxable year, has been determined as provided in Article 1.2.1.1.5.1.24 of Decree 1625 of 2016 - Single Tax Decree, resulting in a net tax surplus of $6.474.256.406.

Therefore, the Central Council of the Fraternidad Medellín Foundation approves to allocate from the total value of the net fiscal benefit, an amount of $6.474.256.406, the Foundation is supporting the Program of Access to Higher Education: “60 for the 60”, which is being developed by the Foundation. It is a powerful program of access to higher education for young people of the 23 municipalities that Fraternidade supports in the regions of the East, Southwest and Urabá and the entities that it accompanies in Medellín and the Metropolitan Area and that is composed of three (3) strategies that allow the young people to have more opportunities to reach training for work or higher education according to their vocation and desires, which will be invested within the year 2024. 

With this investment, the net income or tax surplus for the taxable year 2023 will be exempt from income tax in the amount of $6.474.256.406. 

4. During the taxable year 2023 no permanent allocations were made. Likewise, there are no permanent allocations in progress. 

5. Names and identification of persons holding managerial, executive or control positions.
6. Total amount of salary payments to members of the governing bodies.
7. Names and identification of the founders.

8. Monto of net worth as of December 31 de 2023.

9. Amount of donations received 2023.

10. Management report year 2023.

11. Financial statements year 2023.

12. Certificate of the legal representative and statutory auditor.

13. Rent year 2023.

14. Economic Report
15. Certification of the Legal Representative
16. Certificate of existence and legal representation.
en_USEN