Pay it Forward

Pay it forward!

In September 2019, a new group of students started their studies at Nyenrode. For nine of them, this was made possible with financial help from alumni. We are proud to tell you that 272 students have received a scholarship so far. And you are one of them!

You know, like no other, how a scholarship can change your life if you wish to study at Nyenrode when you lack the financial means. How wonderful would it be if you could offer a young talent the same opportunity?

As you know, our scholarships are ‘revolving’. This means that the recipient has the moral obligation to repay the money, enabling a new student to receive a scholarship, and making former recipients new donors. Out of the 272 alumni who received a scholarship so far, 11 have already repayed their scholarship and a few have pledged to do so in the near future. This is your chance to make a difference!

Tax advantages for Dutch residents

For tax purposes, your scholarship repayment might be deductible from your income taxes as a gift. This is because Nyenrode Fund (or Stichting Nyenrode Fonds in Dutch) is listed as a charity under Dutch tax law. As a Dutch resident, you can deduct a gift of between 1% and 10% of your shared income annually.

For Dutch residents, there are various tax-advantaged donation options, either privately or via your company. If you are obliged to pay taxes to another country, we advise you to contact the tax authorities about international donations and possible tax advantages.

Single donation

You repay your scholarship in one donation. Please note that for larger amounts there is a limitation on how much you can deduct from your taxes. Do you want to make a single donation? Please contact us.

You can donate the whole sum of your scholarship at once to Stichting Nyenrode Fonds via NL11 ABNA 0567 0116 31 with a reference including ‘Scholarship + the group of alumni who financed it. For example: ‘Scholarship NOIB 1958’.

Regular financial donation

To make the most out of tax deductibility, you can make periodic donations to the fund. You pay a fixed amount per month, quarter or year for a period of five years in total, set in an agreement between you and the Nyenrode Fund. You can deduct your annual donations from your income taxes. For example 1.000 euros per year. With tax advantages, this is about 50 euros per month. The price of one dinner!

Single donation with the benefits of recurring donations

You donate the whole sum at once, but this way that money is legally a loan to the Nyenrode Fund. That loan will be absolved over a period of five years. Annually, you are eligible to deduct one-fifth of your donation from your taxes.

Do you want to make a single donation and also use the possibility of deducting your donation as a gift? Please contact us today.

Business donation

You may also repay your scholarship via a donation through your company. This way, the sum is deductible from your fiscal profits. If necessary, we can send you an invoice for your donation(s). Please contact us to discuss the details of a corporate donation.

Do you want to pay it forward?

Become a donor today and offer young talent the chance to study at Nyenrode with a revolving scholarship!

Circular economy: Why current accounting models aren’t suitable

Research | May 26 2023

Researcher Diane Zandee, who obtains her doctorate from Nyenrode Business Universiteit today, wants to connect finance and sustainability. That is why she has conducted research into how accounting can contribute to the transition towards a circular economy. There is a need for a common language and structure in order to embrace this new economy. “We are still focusing too much on the financial side and not enough on ecological and social values. We can only change this if the entire chain changes along with it. For that we need a conductor, a coordinator who ensures that everything goes at the right pace and that everyone works together to find harmony.”

MOLB game gives an insight into sustainable production processes

Research | May 16 2023

In recent decades, the optimization of production processes was mainly focused on making profit. Nowadays there is also an increasing focus on environmental and societal impact. This transition calls for new leadership. To best prepare students for their future leadership roles, Associate Professor of Supply Chain Management and Analytics, Taher Ahmadi, developed a Multi-Objective Line Balancing (MOLB) game. This game has led to positive reactions both nationally and internationally.

A sustainable economy starts with business leaders

Opinion | May 11 2023

Since December 2022, there is a new Corporate Governance Code in place. This Code states that business leaders are responsible for sustainable long-term value creation and that companies must draw up policies for diversity and inclusion. Tineke Lambooy, Professor of Corporate Law at Nyenrode Business Universiteit, explains how business leaders can embed ESG (Environment, Social, Governance) values in their strategy.

Nyenrode Business Universiteit conducts research into origins of N.O.I.B

Opinion | April 25 2023

The board of Nyenrode Business Universiteit will conduct a factual investigation into the origins of the Dutch Education Institute for the Abroad (N.O.I.B., predecessor of Nyenrode), including its founders. The research should answer the question as to what extent the founders allowed Dutch interests in the Dutch East Indies to play a role in the establishment of the N.O.I.B. in 1946. 