Stiftungsrechten

Stiftungsrecht refers to the body of laws governing foundations, also known as Stiftungen in German-speaking countries. These legal entities are established to pursue a specific purpose, often charitable, educational, scientific, or cultural, for the benefit of a designated group or the public. The establishment of a foundation typically involves a founder who dedicates assets to the foundation's endowment. These assets, along with any subsequent contributions, form the foundation's capital, which is then managed to generate income for fulfilling its stated objectives.

Key aspects of Stiftungsrecht include the legal requirements for foundation formation, which usually necessitate a formal deed of foundation and registration with a supervisory authority. The law also outlines the governance structure, defining the roles and responsibilities of the foundation's board or governing body. This body is entrusted with the management of assets and the execution of the foundation's purpose in accordance with the founder's wishes. Furthermore, Stiftungsrecht addresses issues of supervision and accountability, ensuring that foundations operate transparently and adhere to their objectives. Regulations often cover restrictions on asset distribution, investment policies, and reporting obligations. The legal framework aims to protect the foundation's assets and ensure its long-term viability to serve its intended purpose.