| 1. Who can become a member ? |
| Every gallery, artist or collector can become a member of FOUNDATION™. Our services are focused on - but not strictly limited to - the primary art market. FOUNDATION™ is limiting the value of each ticket to € 15.000 or US$ 20.000. |
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| 2. Admission & One-Time application fee |
| Admission is based on an online application process. |
| The application is available upon inquiry (http://www.foundationtm.net/contact) |
| Once all required information is received, a membership can be granted within 24 hrs. |
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| 2.1 Admission fee |
| The One-Time admission fee is € 160/ US$ 200. |
| Once the admission fee is paid, the applicant becomes a full member. Until then the applicant will be a listed member only. |
| Full members will receive a confirmation email together with a member ID. |
| The membership fee for the first year is absorbed by the one-time admission fee. |
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| 2.2 Membership fee |
| The annual membership fee is € 120/ US$ 150. |
| A membership can be cancelled by either party at any time without reason if no transactions are pending. |
| Otherwise it is automatically renewed for another year. |
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| 2.3 Levels of membership |
| Members can further benefit from FOUNDATION™ by becoming a patron member. |
| Patron contributions are priced in increments of € 250/ US$ 300. |
| Patron membership benefits are: |
| • no admission fee. |
| • priority ticket handling. |
| • profit sharing. |
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