American Friends of The Ocean Cleanup, Foundation

Donation Terms and Conditions

1. DEFINITIONS

  1. American Friends of The Ocean Cleanup (“AFTOC”) is a non-profit non-stock Delaware corporation and public charity under the U.S Internal Revenue Code sections 170(c)(2)(b) and 501(c)(3) respectively.
  2. Goal: AFTOC is committed to preserving and protecting the natural ocean environment for the benefit of the public including (i) promoting and funding the environmentally friendly, large-scale and efficient extraction of waste from oceans, seas, rivers and other waterways; and (ii) promoting and funding the environmentally friendly recycling of such waste.
  3. Donation: any asset, including any monetary amount, cryptocurrency and stocks, donated by a Donor to AFTOC, by means of electronic authorization through the website of AFTOC or otherwise.
  4. Donor: a natural or legal person who donates, has donated or will donate a Donation to AFTOC.

2. APPLICABILITY

  1. These Terms and Conditions apply to every Donation. By making a Donation, the Donor agrees to be bound to these Terms and Conditions.
  2. AFTOC uses the personal data of each Donor to process its Donation. AFTOC will not share this personal data with third parties beyond what is set out in the Privacy and Cookie Notice on the website and in compliance with applicable laws.

3. DONATIONS

  1. By making a Donation, a Donor agrees that AFTOC can use such Donation domestically or internationally, at its own discretion, but only within the scope of the Goal. Donations may be transferred in full or in part to other foundations, institutions, and/or other third parties, domestically or internationally, to the extent AFTOC has reasonably assured itself that such Donations will be used within the scope of the Goal. A portion of the Donations will be used for administrative costs.
  2. A Donation is irrevocable.
  3. Recurring monthly Donations can be cancelled upon request by the Donor, by contacting us through our website contact form.
  4. AFTOC will provide a Donor with a donation confirmation for single donations of at least $250. For Donations under $250, a donation confirmation will be made available upon request, by contacting us though our website contact form.
  5. Donations to AFTOC are tax-deductible to the fullest extent allowed by law in the United
    States. For other countries, please check with your local tax adviser regarding tax
    deductions of charitable contributions to AFTOC.

4. FINAL PROVISIONS

  1. AFTOC reserves the right to amend these Terms and Conditions at any time.
  2. DISCLAIMER:The ratios of impact provided on the website are an approximation based on
    2024 financial results from both ocean and river projects and the total plastic intercepted in river projects, or the total surface area swept by System 03 at Stichting The Ocean Cleanup, a foundation established in the Netherlands, within the 12-month period of 2024 . The figures for these estimates by Stichting The Ocean Cleanup are subject to change upon audit in 2025.

    The river performance is then converted into PET half-liter empty bottles which weigh 0.01kg each.

    The calculation:

    • Ocean:
      • 2024 swept area by System 03 [2] / 2024 ocean financial performance
    • River:
      • (2024 intercept plastic in river operations / 2024 river financial performance) *0.01
  3. All disputes and controversies arising out of or relating to a Donation(s), these Terms and Conditions, or the relationship between Donor and AFTOC shall be fully and finally resolved under the Commercial Arbitration Rules of the American Arbitration Association in front of a sole arbitrator. The place of arbitration shall be New York, New York. The language of the arbitration shall be English.
  4. New York law applies to a Donation(s) and these Terms and Conditions and governs the relationship between a Donor(s) and AFTOC.