Employer profile
aidFIVE
Hamburg, DEImpact-drivenNon-Profit EnterpriseSocial Impact
Impact3Sustainability Goals
LocationHamburg
About aidFIVE
aidFIVE was a digital social lottery based in Hamburg, Germany, dedicated to funding social projects. The organization has ceased its gaming operations and is currently in liquidation (i.L.). During its operational period, aidFIVE successfully supported 94 social projects by distributing approximately 5 million Euros in funding. All previously initiated projects will be continued until the end of their agreed funding periods, with responsibility transferring to the Deutsches Hilfswerk from July 2025.
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Sustainability Goals
No Poverty
Funding Social Projects to Combat Poverty
aidFIVE provided approximately 5 million Euros to support 94 social projects directly aimed at alleviating poverty and fostering equal opportunities for vulnerable populations.
Reduced Inequalities
Reducing Inequalities Through Social Funding
The organization enabled funding for diverse social initiatives designed to reduce socioeconomic inequalities and empower disadvantaged groups within communities.
Good Health & Well-Being
Promoting Health and Overall Well-being
By supporting numerous social projects, aidFIVE indirectly contributed to improving living conditions and access to essential services, thereby enhancing the overall health and well-being of beneficiaries.
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FAQs
Q1What is aidFIVE's current operational status?+
aidFIVE has ceased its digital social lottery operations and is currently in liquidation (i.L.). This decision was made by its responsible committee.
Q2What impact did aidFIVE have during its operational period?+
During its operational period, aidFIVE successfully supported 94 social projects, distributing approximately 5 million Euros in funding. The organization primarily contributed to SDGs "No Poverty" (Goal 1) and "Reduced Inequalities" (Goal 10).
Q3Will previously initiated projects continue to receive support?+
Yes, all previously initiated projects will be continued and supported until the end of their agreed funding periods. Management will initially be handled by aidFIVE i.L. and later by the Deutsches Hilfswerk.
Q4Who will assume responsibility for the projects after aidFIVE's liquidation?+
From July 2024 to June 2025, ongoing projects will be managed by aidFIVE i.L. Subsequently, from July 2025 to June 2026, the Deutsches Hilfswerk, as a shareholder of aidFIVE i.L., will assume responsibility for these projects.
Q5Where was aidFIVE based?+
aidFIVE was based in Hamburg, Germany.
