[WEALTH TAXATION] Foundations and Endowment Funds

Adrian Varoquier, our tax attorney, provides an overview of foundations and endowment funds

Foundations and endowment funds are nonprofit organizations established by one or more individuals or legal entities to carry out a mission in the public interest.

These entities, which come in various forms, differ in terms of the minimum initial endowment required for their establishment and in their operations. They have specific administrative and tax characteristics.

Their effectiveness in wealth management makes it possible to combine philanthropy with tax optimization, particularly in the areas of estate planning and the IFI