- We'll form the endowment fund.
- We'll arrange entry in the Register of Endowment Funds.
- We'll take care of all the documentation.
- We'll register you with the tax office, the health insurance company and the Social Security Administration.
- We'll show you how to keep the accounts.
- We'll provide legal advice.
- We'll arrange the dissolution of the endowment fund and its removal from the Register of Endowment Funds.
Endowment fund formation
An endowment fund (nadační fond) can be defined as an independent entity of a financial nature, set up to support publicly beneficial activities and projects.
We're here to make sure its formation goes smoothly and in the shortest possible time.
We'll arrange all the documents for you, handle the communication with all the parties involved and become your guide through the riskiest period of the endowment fund's operation.
DON'T GO IT ALONE
Leave the setting up of your fund to us. Our firm has many years of experience in marketing and lobbying for non-profit organisations. Thanks to this we can help you not only with putting together a marketing plan, but also with obtaining grants for an easier start.
WHAT CAN WE HELP YOU WITH?
ARE YOU PLANNING TO SET UP AN ENDOWMENT FUND?
HOW TO ESTABLISH AN ENDOWMENT FUND
To be able to establish an endowment fund, you must go through two phases (the establishment phase and the formation phase). The basis for everything, however, is the founding deed (founding agreement).
THE MAIN REQUISITES OF THE FOUNDING DEED:
- The name and registered office of the endowment fund
- The founder's Company ID
- Definition of the purpose
- The asset contribution
- The number of members of the administrative board and the supervisory board
- The custodian of the contributions
- The conditions for withdrawals from the endowment fund's assets
DOCUMENTATION
When establishing an endowment fund, a range of documents must be submitted, without which the fund cannot be approved.
- Statutory declarations of the administrative and supervisory boards
- Declaration of the custodian of the contribution
- Proof of payment of the monetary contribution
- Consent of the property owner in which the fund has its registered office
- An extract from the Land Register
Establishing an endowment fund is a fairly demanding matter that should be carried out by people who understand this field and know how to avoid needless mistakes. Our firm has a whole range of professionals on its team who are ready to help you as much as possible throughout the entire process.
With us you'll set up your endowment fund without the slightest trouble, we'll take care of everything for you, and on top of that we'll show you how to run it during the most critical period, at the very beginning.
ADVANTAGES OF AN ENDOWMENT FUND
- Exemption from tax.
- No minimum contribution amount is set.
- Use of all its assets to fulfil the fund's purpose.
- No requirement for a permanent yield.
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ARE YOU THINKING ABOUT SETTING UP AN ENDOWMENT FUND?
Do you have a vision you'd like to bring to life but don't know how? Would you like to find out more about setting up an endowment fund? Fill in the form and we'll get in touch with you right away.
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