{"id":1909,"date":"2023-02-23T13:30:51","date_gmt":"2023-02-23T13:30:51","guid":{"rendered":"https:\/\/notarisnodig.nl\/foundations-and-associations\/stichting\/"},"modified":"2023-11-04T11:33:59","modified_gmt":"2023-11-04T11:33:59","slug":"foundations","status":"publish","type":"page","link":"https:\/\/notarisnodig.nl\/en\/foundations-and-associations\/foundations\/","title":{"rendered":"Foundations"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_row equal_height=&#8221;yes&#8221; el_class=&#8221;ipadl4col&#8221;][vc_column width=&#8221;2\/12&#8243;][\/vc_column][vc_column width=&#8221;4\/12&#8243;][vc_custom_heading text=&#8221;Key facts about<br \/>\n<i>foundations<\/i>&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;blauwheader&#8221;][vc_column_text css=&#8221;.vc_custom_1699097553222{margin-bottom: 0px !important;}&#8221;]Do you have capital you would like to use to achieve a specific social or societal goal? Examples might include nature conservation, the promotion of culture, or helping those in need. In such cases, Dutch law enables you to opt for a foundation (Dutch <em>stichting<\/em>) as the legal form. But how do you go about establishing a foundation? How should it be structured, and what do you need to know about liability?<\/p>\n<p><span style=\"color: #0873a8;\"><strong>How to establish a foundation<br \/>\n<\/strong><\/span>A foundation is established by notarial deed. In the deed, you declare that you are creating the foundation and adopting its articles of association. You can establish a foundation on your own or with others. A legal entity (a private limited company, for instance) can also establish a foundation. The foundation\u2019s articles of association state:<\/p>\n<ul>\n<li>the foundation\u2019s name, with the word &#8216;foundation&#8217; or \u2018<em>stichting\u2019<\/em> as part of that name;<\/li>\n<li>the foundation\u2019s purpose;<\/li>\n<li>the procedure for appointing and removing directors and for making decisions within the foundation;<\/li>\n<li>the foundation\u2019s place of establishment;<\/li>\n<li>what will happen to the money if the foundation is dissolved.<\/li>\n<\/ul>\n<p>The articles of association will generally also contain rules about internal organisation. If you want to amend the <a href=\"http:\/\/notarisnodig.nl\/ondernemen-vereniging\/statutenwijziging-bv\/\">articles of association<\/a>, you will once again need a deed drawn up by a civil-law notary. You must enter your foundation in the Chamber of Commerce\u2019s business register.<\/p>\n<p><span style=\"color: #0873a8;\"><strong>Foundation structure<br \/>\n<\/strong><\/span>Foundations have a board rather than members. Business activities may form part of a foundation but any profits from these must be put towards funding its purpose.<\/p>\n<p>A foundation\u2019s directors are sometimes salaried employees, but usually they receive only expenses. If a foundation has Dutch <em>ANBI<\/em> status (which means it is a public benefit organisation with at least 90% of its activities focused on the public good), its directors must not be salaried employees. However, a foundation with <em>ANBI<\/em> status can generally employ staff.[\/vc_column_text][\/vc_column][vc_column width=&#8221;4\/12&#8243; css=&#8221;.vc_custom_1667769090822{padding-top: 0px !important;border-radius: 10px !important;}&#8221; el_class=&#8221;radius&#8221;][vc_single_image image=&#8221;1449&#8243; img_size=&#8221;full&#8221; el_class=&#8221;nomargin&#8221;][vc_column_text css=&#8221;.vc_custom_1699097573174{margin-bottom: 0px !important;}&#8221;]<span style=\"color: #0873a8;\"><strong>Foundations and liability<br \/>\n<\/strong><\/span>Foundations are legal entities. What this essentially means is that their directors are not liable for their debts. However, there are certain exceptions \u2013 in cases of mismanagement, for example, or if the foundation is not entered in the business register.<\/p>\n<p>There is a lot involved in creating a foundation. The staff at Sch\u00e4fer Notarissen will be happy to provide you with all the information you need.[\/vc_column_text][\/vc_column][vc_column width=&#8221;2\/12&#8243;][\/vc_column][\/vc_row][vc_section full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1667906616698{background-image: url(https:\/\/notarisnodig.nl\/wp-content\/uploads\/2022\/10\/back-grijs.jpg?id=12) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_row css=&#8221;.vc_custom_1667906698632{padding-top: 60px !important;}&#8221;][vc_column width=&#8221;2\/12&#8243;][\/vc_column][vc_column width=&#8221;8\/12&#8243;][vc_column_text el_class=&#8221;blauw aktemiddentext&#8221;]<\/p>\n<p style=\"text-align: center;\">Are you aware of all the pitfalls involved in creating a foundation? We are. Sch\u00e4fer Notarissen \u2013 we\u2019re here for you.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;Contact us&#8221; style=&#8221;flat&#8221; color=&#8221;danger&#8221; size=&#8221;lg&#8221; align=&#8221;center&#8221; el_class=&#8221;aktebutton&#8221; link=&#8221;url:https%3A%2F%2Fnotarisnodig.nl%2Fen%2Fcontact%2F&#8221;][vc_separator color=&#8221;blue&#8221; border_width=&#8221;2&#8243; css=&#8221;.vc_custom_1667906711654{margin-top: 60px !important;}&#8221;][\/vc_column][vc_column width=&#8221;2\/12&#8243;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;2\/12&#8243; el_class=&#8221;linkkleur1&#8243;][\/vc_column][vc_column width=&#8221;8\/12&#8243;][vc_row_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_custom_heading text=&#8221;Quickly find the <i>notarial deed<\/i> you\u2019re looking for.&#8221; font_container=&#8221;tag:h2|text_align:left|color:%230873a8&#8243; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;blauwheader&#8221;][vc_column_text][\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=&#8221;zoekenhome&#8221; width=&#8221;1\/3&#8243;][vc_raw_html]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[\/vc_raw_html][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;2\/12&#8243;][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1674047301776{margin-top: -25px !important;}&#8221;][vc_column width=&#8221;1\/12&#8243; el_class=&#8221;linkkleur1&#8243;][\/vc_column][vc_column width=&#8221;10\/12&#8243; el_class=&#8221;dienstenslider&#8221;]<div class=\"content_slider carousel\"><ul class=\"content_slider_ul\"><li class=\"content_slider_li_1\"><a href=\"https:\/\/notarisnodig.nl\/en\/foundations-and-associations\/foundations\/\" ><img decoding=\"async\" width=\"120\" height=\"136\" src=\"https:\/\/notarisnodig.nl\/wp-content\/uploads\/2023\/02\/oprichting-vereniging.svg\" class=\"scale-with-grid wp-post-image\" alt=\"\" \/><p class=\"title\">Deed of incorporation of an association<\/p><\/a><\/li><li class=\"content_slider_li_2\"><a href=\"https:\/\/notarisnodig.nl\/en\/foundations-and-associations\/foundations\/\" ><img decoding=\"async\" width=\"127\" height=\"136\" src=\"https:\/\/notarisnodig.nl\/wp-content\/uploads\/2023\/02\/statuten-stichting.svg\" class=\"scale-with-grid wp-post-image\" alt=\"\" \/><p class=\"title\">Articles of associations of a foundation<\/p><\/a><\/li><li class=\"content_slider_li_3\"><a href=\"https:\/\/notarisnodig.nl\/en\/foundations-and-associations\/foundations\/\" ><img decoding=\"async\" width=\"122\" height=\"136\" src=\"https:\/\/notarisnodig.nl\/wp-content\/uploads\/2023\/02\/oprichting.svg\" class=\"scale-with-grid wp-post-image\" alt=\"\" \/><p class=\"title\">Deed of incorporation of a foundation<\/p><\/a><\/li><li class=\"content_slider_li_4\"><a href=\"https:\/\/notarisnodig.nl\/en\/contact\" ><img decoding=\"async\" width=\"105\" height=\"136\" src=\"https:\/\/notarisnodig.nl\/wp-content\/uploads\/2023\/02\/vragen.svg\" class=\"scale-with-grid wp-post-image\" alt=\"\" \/><p class=\"title\">Questions?<\/p><\/a><\/li><\/ul><div class=\"slider_pager slider_pagination\"><\/div><\/div>\n[\/vc_column][vc_column width=&#8221;1\/12&#8243;][\/vc_column][\/vc_row][\/vc_section]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>[vc_row equal_height=&#8221;yes&#8221; el_class=&#8221;ipadl4col&#8221;][vc_column width=&#8221;2\/12&#8243;][\/vc_column][vc_column width=&#8221;4\/12&#8243;][vc_custom_heading text=&#8221;Key facts about foundations&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;blauwheader&#8221;][vc_column_text css=&#8221;.vc_custom_1699097553222{margin-bottom: 0px !important;}&#8221;]Do you have capital you would like to use to achieve a specific<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1901,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-1909","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Foundations - Sch\u00e4fer Notarissen<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/notarisnodig.nl\/en\/foundations-and-associations\/foundations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foundations - Sch\u00e4fer Notarissen\" \/>\n<meta property=\"og:description\" content=\"[vc_row equal_height=&#8221;yes&#8221; 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