Eqclique

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You were at our round table “Unter uns” (between us) and told us about a family foundation. Philippe J. Weil: That example was about a family foundation established in the 80s by a married couple. The couple decided that 10% of their total commercial and private income would be used for charitable purposes every year.

What changed?

As long as the second parent held the presidency, the foundation’s activities did not change significantly. The new member classified the donations and helped preserve the family tradition through a clearer structure.

A family foundation is a good place for employing a cross-generational approach and carrying on traditions.

What happened after the second parent died?

The heirs reviewed the foundation history and continued projects that were close to the hearts of the current and future generations.

Following in the footsteps of the founding generation is difficult. A family foundation can be a good place for practising a cross-generational approach and carrying on traditions.

Dialogue and mutual comprehension of all family members enable preservation of the family and family business.

You were at our round table “Unter uns” (between us) and told us about a family foundation. Philippe J. Weil: That example was about a family foundation established in the 80s by a married couple. The couple decided that 10% of their total commercial and private income would be used for charitable purposes every year.

What changed?

As long as the second parent held the presidency, the foundation’s activities did not change significantly. The new member classified the donations and helped preserve the family tradition through a clearer structure.

A family foundation is a good place for employing a cross-generational approach and carrying on traditions.

What happened after the second parent died?

The heirs reviewed the foundation history and continued projects that were close to the hearts of the current and future generations.

Following in the footsteps of the founding generation is difficult. A family foundation can be a good place for practising a cross-generational approach and carrying on traditions.

Dialogue and mutual comprehension of all family members enable preservation of the family and family business.