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The Commission’s Proposal for a European Foundation Statute

  • A new tool to enhance cross-border philanthropy?
  • ERA & EFC Briefing

, 20 March 2012
Language:

Event number:
212F02

Areas of law:

12:30-14:30

The Law Societies Joint Brussels Office
Avenue des Nerviens 85, 5th floor, 1040 Brussels

On 8 February 2012, the European Commission adopted a proposal for a Regulation on a European Foundation Statute, which now needs the approval of the Council of Ministers and the consent of the European Parliament.

The Statute would be an additional and optional European legal instrument allowing individuals and legal entities to set up a European Foundation (FE) according to the same conditions throughout the EU. It could help remove costly legal and administrative barriers that delay or hamper foundation-led European initiatives, thereby enhancing foundations’ ability to maximise their contribution to the public good at a time when the strings on government purses are tight.

The idea for a FE was identified as one of the concrete measures to support the objectives of the EU’s Single Market Act (Commission Communication, April 2011).

This briefing will present and discuss the Commission’s proposal and explore the way forward for the Statute.

Key issues

  • What would be the main requirements for the FE?
  • How would FEs be formed?
  • What would be the benefits of becoming an FE?
  • How would FEs and donors be taxed?

Speakers

Paula-Alexandra Boteanu and Dorota Łyszkowska-Becher
European Commission
DG Internal Market and Services, Corporate governance, social responsibility
Thomas von Hippel
speaking on behalf of Max-Planck Institute,
co-author of the 2009 feasibility study on a European Foundation Statute

Registration fee

(including documentation and refreshments): € 50
EU officials, members of the “Friends of ERA” association and
members of the European Foundation Centre No fee



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