The dotation found

Endowment Fund have been institued by the new economic low of the 4 august 2008.

 

Four technical points :

  • These are legal persons of private law
  • They pursue a non-profit
  • They support financially and / or conduct the work and missions of general interest; These are legal persons of private law
  • They have full legal capacity and can freely receive any form of donations (including donations and bequests). Property and rights included staffing allow endowments to benefit from income that finance their activities of general interest.

Donations received by the endowment benefit from the tax regime of patronage and the good works  of general interest.