Foundations

Your legacy, our support

A foundation looks very similar to a company, but with an operation that’s similar to a trust. Although there are slight regional nuances in the structure of foundations, their basic purpose is to act as an incorporated entity with a separate legal personality that holds assets on behalf of beneficiaries. It operates in accordance with a constitution comprising of a charter and a set of by-laws.

A foundation cannot carry out commercial activities itself. Underlying structures can, and often are, incorporated for separate commercial activities. However, a foundation can receive donations, buy and borrow and also sell and distribute assets.

A foundation can be used as an element within many of your structures, including; Private Trust Companies, Special Purpose Vehicles, Corporate entities and Charitable and Philanthropic entities. Foundations can further be used as a stand-alone, private client instrument.

It offers a flexible approach when you need a greater degree of control and influence over the administration of your private wealth vehicles and the spread of your wealth and assets. It can provide structures to withstand family disputes alongside more bespoke family governance when it comes to dealing with multiple generations who are spread far and wide.

Our experts have many years of experience in setting up and managing foundation structures and can navigate the complexity of providing global solutions for you. Our innovative technology and excellent service will give you confidence in your legacy being preserved.