The Padma Trust for children has been founded by Gregor Kovacic in January 2003 and is run by the Kinderfonds Stiftungszentrum. This non-profit making body assists private individuals as well as corporations to establish and run their organisations.
The administration fees payable to Kinderfonds Stiftungszentrum amount to maximum 3% of the proceeds donated to the charity. These costs and all other expenses that do not directly benefit the Aid projects, such as publicity, events and bank transfer charges are met by the founder of the charity. 100% of all donations benefit the aid projects.
Padma is a registered member of the Federal Association of German Charities. _