Young Power Code is a unique code attached to each product label that is activatable by the purchaser. By activating the Code, 10% of the euro retail price will be collected to “near4rest endowment fund” first, then will be donated to the supporting cause, which is also trackable to see how the donation is being used.
How is Young Power Code operated?In each collection’s (6months) timeframe, the donation is accumulated 3 times and each donated at different time from the initial release of the collection. Typically upon release, the first donation is released after the first month, the second on the third month, and the last donation on the last month of the collection. This means the accumulation is carried out based on the accumulation ratio of 1:2:3 months. The reason for us to follow this ratio is because the accumulated sum over the the collection timeframe is likely to be nucleated towards the initial release and fade out as we move into the next collection.
After activation?Upon activation, the donation becomes trackable by the purchaser. The purchaser can see how the fund is being transferred and all other stages until it reaches the local communities and the ones in need.
For full transparency each donation comes with picture evidence of how its being utilized to support the cause. The pictures are uploaded on the code tracking page so that each of the purchasers can see what the donation was used for. This may range depending of the needs of the local community. This includes but not limited to: food supplies, medical supplies, educational supplies, machineries for electricity, cultural preservation, environmental preservation, and more.