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Since
1996, Espaço Talassa has reserved 2% of its profits
for in-service training for its team, as well as for a variety of
different projects connected with education and research. This non-profit
organization is being created partly in response to increasingly
important needs in the Azores Archipelago, and partly to clarify
relations between the commercial sector and the different projects
which have been proposed. The Foundations purpose is to respond
to 3 main objectives: protection of the environment, education and
research. To pursue these objectives, the organization is able to
accept private donations, patronage, sponsorships and grants, and
it redistributes these funds amongst local projects which have been
approved by its directorate. The organizations first patron
is naturally Espaço Talassa which donates a percentage
of its profits.
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