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VAERT EvE ISK => RL money donations Emergency Relief Initiative

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Author
#1 - 2012-02-09 23:21:34 UTC  |  Edited by: Vaerah Vahrokha
After having received a 10B donation by RAW23's alt, I have restored operation of the Vahrokh’s Emergencies Relief Trust [VAERT].
This is an happy day for VAERT: nice donation, one year of operation and also milestone of 100B secured.

Full references about how the whole Institution works and its rules are available on the old forums.

Follows a brief description along with some usability improvements on the Donors side.


What's VAERT

VAERT is a zero management fees, fund based charity organization, to help the unfortunate during "CCP PLEX for [Population]" initiatives.
When CCP sets up an humanitarian initiative, VAERT sends them the whole accrued capital.


How to send donations

Send ISK, PLEX, unresearched BPOs, skill books to Vahrokh Financial Technologies [VAHFT].
You might want to add "Donation" in the "Reason" field.

Other kinds of assets may be donated as well, please contact Vaerah Vahrokha for details first.
When using contracts, they should have a 2 weeks expiration otherwise they will probably expire before being taken.

From now on, all donations will be public unless otherwise specified.
If you wish to donate anonymously please fill the Reason field as follows:

MRVAHFTFF016 P01=0 Charity donation


Sister Funds

It's possible to create your own Charity Fund, that will be reported in the VAERT balance statements.
Basically, you just segregate your own donations in a separate wallet and monthly send me a statement with the current amount at hand.
Sister Funds cannot ever act, impersonate or advertise in the name of VAERT. CCP are extremely swift and harsh at dealing with any wrong doing in these matters.
For further information please contact me or read the original thread linked above.
Chribba agreed to setup a sister fund himself, those who feel more comfortable donating to him, please read the original VAERT thread for details.


Documents and certificates

Vahrokh’s Emergencies Relief Trust [VAERT]

  • Main page: Link
  • Certificate of Incorporation: Link
  • Articles of Incorporation: Link
  • Bylaws: Link



Vahrokh’s Ethical Fund of Funds [MRVAHFTFF016]
#2 - 2012-02-09 23:23:37 UTC  |  Edited by: Vaerah Vahrokha
Statements of assets

2011 YC113 Balance sheet
2012 YC114 Balance sheet
2013 YC115 Balance sheet

This section will be updated as needed.


Full disclosure of risks and FAQ

A full disclosure of risks, details about all the characters and corporations involved, exit strategy and a FAQ are all available at this location.


Public Donors list
2011-01-28: 1 x PLEX | Inventory | Donor name: Torain (indirect donation)
2011-02-08: 100,000,000 | Cash | Donor name: RAW23
2011-02-10: 500,000,000 | Cash | Donor name: Far Ranger [FARR] corporation
2011-02-12: 100,000,000 | Cash | Donor name: Yendor Widdershins
2011-03-08: 100,000,000 | Cash | Donor name: Phoebe Halliwel
2011-03-08: 200,000,000 | Cash | Donor name: RAW23
2011-03-08: 12 x PLEX | Inventory | Donor name: Krythas
2011-03-14: 4 x PLEX | Inventory | Donor name: Liberty Eternal
2011-03-15: 200,000,000 | Cash | Donor name: Genbukan
2011-03-16: 10B | Cash | Donor name: Roguehalo
2011-03-17: 10M | Cash | Donor name: Atima
2011-03-17: 72 x PLEX | Inventory | Donor name: Amarr Citizen 155
2011-03-17: 1B | Cash | Donor name: Magnu Stormhawk
2011-03-21: 200M | Cash | Donor name: Liberty Eternal
2011-03-20: 5,366,903,304.43 | Inventory | Donor name: Barbicane
2011-03-21: 2.6B | Cash | Donor name: Roguehalo (bought a ship gifted by Barbicane).
2011-03-22: 1,545,542,449 | Cash | Donor name: RAW23 (bought a ship gifted by Barbicane).
2011-03-23: 1,676,636 | Cash | Donor name: Edwin Rothbard
2011-03-25: 40B | Cash | Donor name: Rykker Bow | RECORD
2011-03-26: 500,000,000 | Cash | Donor name: Far Ranger [FARR] corporation
2011-03-29: 13,208,010.48 | Cash | Donor name: Edwin Rothbard
2011-03-30: 1,000,000 | Cash | Donor name: He opted to stay anonymous
2011-04-02: 100,000,000 | Cash | Yendor Widdershins
2011-05-03: 100,000,000 | Cash | Vaerah Vahrokha
2011-05-14: 1,000,000,000 | Cash | Donor name: Far Ranger [FARR] corporation
2011-05-24: 1 x PLEX | Inventory | Donor name: Liberty Eternal
2011-05-30: 118,408,340 | Cash | FuzzallWuzzall
2011-07-06: 50,000,000 | Cash | Tutskii
2012-01-26: 10B | Cash | Donor name: RAW23
2012-04-03: 35B | Long Term accounts receivable | Donor name: RAW23
2012-04-08: 250M | Cash | Donor name: Vaerah Vahrokha
2012-04-28: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2012-05-01: 25M | Cash | Donor name: Lauren Hellfury
2012-05-01: 100M | Cash | Donor name: Barakach
2012-05-30: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2012-06-23: 125M | Cash | Donor name: Vaerah Vahrokha
2012-06-23: 100M | Cash | Donor name: Liberty Eternal
2012-06-23: 20M | Cash | Donor name: RAW23
2012-06-27: 5M | Cash | Donor name: Rykker Bow
2012-06-29: 125M | Cash | Donor name: Liberty Eternal
2012-06-29: 25M | Cash | Donor name: RAW23
2012-07-01: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2012-07-06: 125M | Cash | Donor name: Liberty Eternal
2012-07-06: 25M | Cash | Donor name: RAW23
2012-07-13: 125M | Cash | Donor name: Liberty Eternal
2012-07-13: 25M | Cash | Donor name: RAW23
2012-07-13: 500M | Cash | Donor name: Liberty Eternal
2012-07-19: 125M | Cash | Donor name: Liberty Eternal
2012-07-19: 25M | Cash | Donor name: RAW23
2012-07-19: 125M | Cash | Donor name: Miss Boobz
2012-07-22: 2B | Cash | Donor name: Alain Kinsella
2012-08-02: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2012-09-01: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2012-09-30: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2012-10-01: 160M | Cash | Donor name: Trader CiCi
2012-10-14: 60M | Cash | Donor name: Barakach
2012-10-16: 2.1M | Cash | Donor name: Faye LaFrege
2012-10-31: 100M | Cash | Donor name: Trader CiCi
2012-11-01: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2012-11-02: 540M | Cash | Donor name: Trader CiCi
2012-11-02: 100M | Cash | Donor name: Trader CiCi
2012-11-20: 200M | Cash | Donor name: Trader CiCi
2012-12-02: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2012-12-29: 30M | Cash | Donor name: Barakach
2013-01-03: 60M | Cash | Donor name: Barakach
2013-01-04: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2013-01-27: 100M | Cash | Donor name: Trader CiCi
2013-02-04: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2013-02-06: 100M | Cash | Donor name: Trader CiCi
2013-02-08: 100M | Cash | Donor name: Trader CiCi
2013-02-09: 272,859,572 | Cash | Donor name: Candy Oshea through iCandy bonds
2013-02-14: 30M | Cash | Donor name: Barakach
2013-02-14: 70M | Cash | Donor name: Barakach
2013-02-16: 100M | Cash | Donor name: Trader CiCi
2013-02-18: 100M | Cash | Donor name: Trader CiCi
2013-02-23: 100M | Cash | Donor name: Trader CiCi
2013-02-28: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2013-03-04: 100M | Cash | Donor name: Trader CiCi
2013-03-10: 100M | Cash | Donor name: Trader CiCi
2013-03-11: 200M | Cash | Donor name: Trader CiCi
2013-04-04: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2013-05-07: 10M | Cash | Donor name: Darth Iskz
2013-05-14: 612,500,000 | Cash | Donor name: RAW23 through Grendell
2013-05-14: 10M | Cash | Donor name: Darth Iskz
2013-05-14: 10M | Cash | Donor name: Darth Iskz
2013-05-17: 10M | Cash | Donor name: Darth Iskz
2013-05-18: 10M | Cash | Donor name: Darth Iskz
2013-05-19: 10M | Cash | Donor name: Darth Iskz
#3 - 2012-02-09 23:24:16 UTC  |  Edited by: Vaerah Vahrokha
2013-06-24: 175,000,000 | Cash | Donor name: RAW23 through Grendell
2013-08-24: 700,000,000 | Cash | Donor name: RAW23 through Grendell
2013-09-05: 1.2B | Cash | Donor name: Vaerah Vahrokha
2013-09-05: 2 | PLEX | Donor name: Vaerah Vahrokha
2013-09-05: 1.2B | Cash | Donor name: On Sage
2013-09-05: 600,000,000 | Cash | Donor name: Plato Idari
2013-09-05: 600,000,000 | Cash | Donor name: Game of Loa
2013-09-05: 700,000,000 | Cash | Donor name: RAW23 through Grendell
2013-10-07: 700,000,000 | Cash | Donor name: RAW23 through Grendell
2013-11-09: 8,000,000 | Cash | Donor name: Anonymous
2013-11-10: 10,000,000 | Cash | Donor name: Anonymous
2013-11-11: 4 | PLEX | Donor name: Lost Hamster
2013-11-11: 1 | PLEX | Donor name: Careby
2013-11-11: 1 | PLEX | Donor name: Rhivre
2013-11-11: 2 | PLEX | Donor name: MatrixSkye2 Mk2
2013-11-11: 4 | PLEX | Donor name: Rykker Bow
2013-11-11: 1 | PLEX | Donor name: RAW23
2013-11-12: 2 | PLEX | Donor name: Zappity
2013-11-13: 10,000,000,000 | Cash | Donor name: Krashion
2013-11-13: 500,000,000,000 | Cash | Donor name: Seven Koskanaiken
2013-11-14: 100,000,000 | Cash | Donor name: TheGreatCrayon
2013-11-14: 2,000,000,000 | Cash | Donor name: Far Ranger [FARR] corporation
2013-11-14: 2 | PLEX | Donor name: Zions Child
2013-11-15: 700,000,000 | Cash | Donor name: RAW23 through Grendell
2013-11-20: 3,000,000,000 | Cash | Donor name: RAW23
2013-11-20: 200,000,000 | Cash | Donor name: D.M. Industries
2013-11-21: 1,250,000,000 | Cash | Donor name: MailDeadDrop
2013-11-22: 1,000,000,000 | Cash | Donor name: Binscarth
2013-11-27: 100,000,000 | Cash | Donor name: Lennvas
2013-11-30: 12,000,000 | Cash | Donor name: Princess Mary-I
2013-11-30: 5 | Vexor | Donor name: Princess Mary-I
2013-12-01: 756,700,988.75 | Donor name: Vaerah Vahrokha | Notes: to pad up VAERT account so that an outstanding PLEXes contract could be accepted
2013-12-01: 1 | Donor name: Ishkahunta | Notes: Tiny donation because otherwise the client would not accept taking a corp wallet down to zero
2013-12-07: 50000 | Donor name: Ishkahunta | Notes: To pay contract fees to the CCP PLEX for Good alt
2013-12-07: -40000 | Donor name: NPC | Notes: Contract fees paid to deliver contracts to the CCP PLEX for Good alt. Final balance at the end of the charity drive: 10,001 ISK.
#4 - 2012-02-09 23:24:34 UTC
Reserved for future donors list.
#5 - 2012-02-09 23:25:26 UTC  |  Edited by: Vaerah Vahrokha
All time Donors Hall Of Honor And Fame

1) RAW23
2) Rykker Bow
3) Amarr Citizen 155
4) Roguehalo
5) Barbicane
6) Krythas
7) Far Ranger [FARR] corporation
8) Liberty Eternal


All time VAERT BOOST Sponsors Hall of Fame

1) Samroski - 2.5B


Sister initiatives / funds



CSARCYVIPEF5 Arcy Dorei

Balance
2013-12-01: 53,276,375 | Cash | Continuing operations



OEOTHERCF019 Chribba

Balance
2013-12-01: 4,526,188,548.71 | Cash | Continuing operations



CSGAMEZCF013 Samroski

Balance
2013-11-29: 89,751,502.00 | Cash | Continuing operations

Start (2011.02.08) Capital: 500m

One PLEX donated 2011.05.10

13 PLEX donated 2013.11.22
30 Day Pilot's License Extension (PLEX) x 13




Latest press release and contacts

Latest press release: Feb 09, 2012 VAERT secures its first 100B of accrued donations

Twitter channel: Link
Youtube channel: Link
In game contact: Vaerah Vahrokha, VAERT President.
#6 - 2012-03-19 01:35:48 UTC
Some hours ago, I have received 80B from RAW23 (Kara Roideater).
Unlike the 10B mentioned in the first posts, this is a pro-charity investment capital. That is, the revenues will accrue the charity master fund but the capital is factually still owned by RAW23.

This also means that the 80B won't end in the charity's master fund, because the charity's charter explicitly forbids ANY withdrawal of any kind except when forwarding the whole master fund to CCP (that is, during the emergency initiatives).

Therefore in the next days I'll study an hedge fund to hold the capital, possibly with the aid / exit strategy of having a RAW23 alt able to withdraw the sum in case I become unable to operate in EvE for any reason.

In my idea it would evolve into a listed fund and even into an open ended fund.

I'll gladly accept constructive ideas about how to practically implement the idea and how to file it into the fund of funds balance sheets. I think it could become just another Sister Fund, but there might be better ways.
#7 - 2012-04-03 16:43:34 UTC
Vaerah Vahrokha wrote:
Some hours ago, I have received 80B from RAW23 (Kara Roideater).
Unlike the 10B mentioned in the first posts, this is a pro-charity investment capital. That is, the revenues will accrue the charity master fund but the capital is factually still owned by RAW23.

This also means that the 80B won't end in the charity's master fund, because the charity's charter explicitly forbids ANY withdrawal of any kind except when forwarding the whole master fund to CCP (that is, during the emergency initiatives).

Therefore in the next days I'll study an hedge fund to hold the capital, possibly with the aid / exit strategy of having a RAW23 alt able to withdraw the sum in case I become unable to operate in EvE for any reason.

In my idea it would evolve into a listed fund and even into an open ended fund.

I'll gladly accept constructive ideas about how to practically implement the idea and how to file it into the fund of funds balance sheets. I think it could become just another Sister Fund, but there might be better ways.


After consultation with VV we came to the mutual conclusion that this would not be the best way forward and VV returned the isk to me. I have now decided to leave eve and have signed over my 35bil invested with Grendell to the fund. This is a direct donation and not a management/investment agreement. The isk now belongs to the fund. Which I think allows me to nick the top donor spot from my great former business partner Rykker Blink
In Tea We Trust
#8 - 2012-04-03 16:46:09 UTC
Sad to hear you are leaving RAW. MD will be noticably dumber without you.
#9 - 2012-04-03 16:51:46 UTC  |  Edited by: Vaerah Vahrokha
Yes I returned the 80B to RAW23 and yes I am utterly sad at him leaving the game.

Collective EvE IQ just dropped in half. Cry
#10 - 2012-04-03 16:57:01 UTC
I'm not an MD 'regular', but I have been following MD since I started playing EVE 2.5 yrs ago. It was always fun to read your posts RAW and you'll be missed.
Superior Eve Engineering
#11 - 2012-04-03 18:07:16 UTC
I've updated the GLTB thread to reflect VV's Fund as the new owner of the investment.

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Darth Tickles
#12 - 2012-04-03 18:08:27 UTC
Durin Sarga wrote:
I'm not an MD 'regular', but I have been following MD since I started playing EVE 2.5 yrs ago. It was always fun to read your posts RAW and you'll be missed.


Well you should feel bad then because you're the reason he quit.
Caldari State
#13 - 2012-04-03 18:24:39 UTC
As said a shame to see you go mate , but you'll be back.We allways come back .... Blink

We are all born ignorant, but one must work hard to remain stupid.

#14 - 2012-04-03 18:54:44 UTC
Is it too early to reserve 10b in your "I'm back and need a kick-start bond"?


Shame to see you go but I guess with the long enforced break things looked different Sad

Help rid New Eden of T2 BPOs: ** https://forums.eveonline.com/default.aspx?g=posts&t=62797 **The Full Pocket Aggro blog:  http://fullpocketaggro.blogspot.com/ **Now showing: **Margin Trading Scams

Caldari State
#15 - 2012-04-03 19:18:57 UTC
Lauren Hellfury wrote:
Is it too early to reserve 10b in your "I'm back and need a kick-start bond"?


Shame to see you go but I guess with the long enforced break things looked different Sad


He knows who to poke .. he allways has Blink

We are all born ignorant, but one must work hard to remain stupid.

#16 - 2012-04-03 19:43:32 UTC
Flakeys likes nothing more than a good poking, so the rumours go :o)

As this appears the official "bye bye Raw" thread I'll add my thanks for the intelligent and entertaining posting and channel chat you've provided us and wish you the very best of luck in your future endeavours. You will be missed.
Xaqa
#17 - 2012-04-04 02:34:38 UTC
this is a fantastic idea
thanks for setting this up

The Cryptic Arch - Always Building

#18 - 2012-04-04 02:35:29 UTC
Kara Roideater wrote:
I have now decided to leave eve


Shocked

Cry

You will be missed by many!

#19 - 2012-04-08 20:43:49 UTC
Balance sheet update

RAW23 recently made a very massive donation. He gave ownership of his 35B stake in Grendell's [GLTB] Long Term Bond over to VAERT.

This makes him the Top All Time Donor!

This, along with some good news from our Sister Funds brings the Fund of Funds NAV back to over 50B!



Now, notice how the 35B are still locked into Grendell's bond and thus they are an asset but not a current one.
They will yield interests but the capital is not available yet.

I filed the 35B under a "Long term Accounts Receivable" record (see accounting practices).

Therefore if a RL emergency happens before Grendell's GLTB is over, those 35B will not be available to be converted into PLEX.

Once they become available, they will be moved from "Long term Accounts Receivable" to "Designated Funds" and will become a current, liquidable asset.
Gallente Federation
#20 - 2012-04-08 21:50:47 UTC
SadSad You'll be missed RAW. Thanks for all the high-quality posting and strong personal ethic you brought to this forum over the years. I hope Flakeys is right and that you'll be back Blink

Also - 35 bil? You'll need more than that unless you want me to knock you off the top spot one day. You know I will do it just to see your name below mine on that list Cool
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