Paris Magic
Foundation
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MAGIC FOUNDATION PARIS
We’ll answer your questions.
Find out more about Magic Foundation Paris.
FAQ
What is MAGIC FOUNDATION PARIS (MFP)?
The search for donors is very broad and transcends borders. The name might as well be in English, which has become the language of international communication. As for “PARIS”, it’s a clear reference to France and its capital, where the Palais de la Magie will be built.
Why is the name MAGIC FOUNDATION PARIS English?
The search for donors is very broad and cross-border. The name might as well be in English, which has become the language of international communication. As for “PARIS”, it clearly indicates its connection with France and its capital, where the Palais de la Magie will be built.
What are the objectives of MAGIC FOUNDATION PARIS?
Extract from MFP’s articles of association
“MAGIC FOUNDATION PARIS” aims to develop and support any work of general interest of a cultural, educational or social nature, and in particular to :
– to contribute, through its actions and the financial support it grants, to the creation of a “Palais de la Magie” in Paris;
– support the activities of public-interest associations whose main purpose is to present magic shows to the public, as well as any non-profit museum activity;
– more broadly, to support any educational, artistic, cultural or social activity of general interest, enabling the passion for the magical arts to be passed on to as many people as possible”.
Who founded MAGIC FOUNDATION PARIS?
MFP was set up with the help of a leading specialist law firm at the initiative of a French company, which made an initial financial endowment and bore the incorporation costs.
MFP is managed by three directors, all of whom are corporate officers with business backgrounds.
MFP has no partners; if one day MFP were to cease its activities, the funds would revert to the Fondation de France, for example, or to a foundation with equivalent aims.
Who can donate to MFP?
Anyone, including individuals, companies, local authorities and institutions.
What can be donated to MFP?
MFP can receive any type of asset, cash, fiduciary money, notarized donations, bequests, but also shares, real estate of all kinds, usufructs of all kinds, collections, libraries, media libraries…
Are donations tax-EXEMPT?
YES, depending on whether the donor is subject to income tax or corporation tax, the rules that apply are set out in the General Tax Code. To summarize, the tax deduction on the value of the donation is 66% for taxpayers up to a limit of 20% of income, but can be carried forward for the balance, and 60% for companies up to a limit of 0.5% of sales.
Who will be looking for donations, gifts and legacies?
Domi NHO has acquired experience already shared with Pathy Bad (director of the French Magic Team) when it came to financing the FFAP French Magic Team.
We are currently setting up a team dedicated to VIP company directors, asset managers, notaries and a high-level circle of influence. Anyone who feels able to contribute their know-how and interpersonal skills is welcome to join this team.
Have you already received donations?
YES
Financial donations
We have the means to begin work on the project. We just need to keep on collecting.
It’s worth noting that the first financial donation was the endowment given to MFP when it was created, by a company.
But it’s not just financial donations.
There are also gifts of knowledge, and the first gift of this kind came from Pierre Guédin.
Pierre generously donated the fruit of a long project: “A little treatise on the initiation to the magic arts for children aged eight to twelve, in the form of a teaching booklet”, which he had developed and tested himself. It’s very important, because it’s the cornerstone of teaching.
And then there are the gifts
25 renowned magicians contributed to the collective book “Je joue avec l’alphabet” (I play with the alphabet), the first work of the Palais de la Magie, which means that it already exists, even before its walls have been erected! Philippe Molina designed the Alphabook that accompanies the book. Alexandre Laigneau was responsible for the logos and structuring of the present site, Frédérique Houzelle for content, publication and communication. Pathy Bad worked on the documents for the EdF S’s first “patronage” period, Florian Sainvet created illustrations for us, Peter Din took charge of the book’s composition and manages the association’s accounts, Benoit Rosemont acts as secretary, William Condette manages stocks and shipping. Domi NHO of course coordinates and promotes the project. You’ll find out who else is involved in the “who does what” section to be created for this purpose.
There are donations of information and contacts
Stuart Scott, General Secretary of “The Magic Circle Foundation”, gave us his advice; Juan Mayoral, a link with Spanish circles, Andrea Rizzolini connected us with Italian clubs, Marco Candela, President of the Royal Club des Magiciens de Bruxelles, supported us towards our Benelux friends.
Outside energies are suggesting that we create a kind of “Think Tank” to bring together the project’s investors, encourage dialogue with elected representatives, and establish exchanges with corporate VIPs.
We’re just getting started… Thank you to all those who support this project, and especially to those who are active and give their skills and time to MACH 5!