Sub-Foundation - Die Rütli
Transcription
Sub-Foundation - Die Rütli
«Achieving the nonprofit objective with discretion and efficiency.» SUB-FOUNDATION This way is suitable for individuals who The Sub-Foundation is represented want to achieve their charitable objec- externally by the Foundation Council of tives through a capital allocation in a the Rütli-Foundation. The bookkeeping discreet, individual and efficient way. of the Sub-Foundation is handled within the umbrella Foundation. The funds The Rütli-Foundation is an umbrella will be managed together with the total Foundation which makes its infrastruc- assets of the Rütli-Foundation; however ture and know-how available for the they will always be reported separately. administration of Sub-Foundations. For this solution, a minimum capital of The donors materialize their objectives by creating their own Sub-Foundation and, together with the directors of the Rütli-Foundation, they define the objectives and activities by means of a donation agreement. CHF 100’000 is recommended. ADVANTAGES This structure allows a very efficient and cost effective administration of the funds. Discretion and anonymity: If desired, the donation is represented externally by the Rütli-Foundation. The designated individual purpose is No start-up cost. No charges for Foundation management, nor for the handling of applications and donations. No charges for fund and cash management. Upon request, the individual wealth regulated through the donation management can be executed by agreement, which can also be Reichmuth & Co Private Bankers. adapted later on, under the condition of a public benefit. The donation deposit is tax deductible for as long as it lays within the set cantonal deduction quota. Resulting yields and the fortune of the Sub-Foundation are tax exempt. You can count on the competent handling of applications and donations. The Rütli-Foundation reports annually to the Federal Supervisory Board for Foundations. Upon the passing of the donator, the Foundation Council acts according to the will of the deceased.