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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://social.wildeboer.net/users/jwildeboer/statuses/113822968658994832">Jan Wildeboer 😷:krulorange: (jwildeboer@social.wildeboer.net)'s status on Tuesday, 14-Jan-2025 05:38:51 JST</a><a href="https://social.wildeboer.net/@jwildeboer" title="jwildeboer@social.wildeboer.net"><img src="https://gnusocial.jp/avatar/2767-48-20240924153719.webp" width="48" height="48" alt="Jan Wildeboer 😷:krulorange:" style="position: absolute; left: 0; top: 0;">Jan Wildeboer 😷:krulorange:</a><div><a href="https://social.wildeboer.net/@jwildeboer/113822896512611046" rel="in-reply-to">in reply to</a></div></section><article><p>When it comes to foundations, the picture becomes very chaotic. Again, I live in Germany, where the common definition of a foundation is something like</p><p>"A foundation should not have commercial activities as its main purpose, but they are permitted if they serve the main purpose of the foundation. There is no minimum starting capital, although in practice at least €50,000 is considered necessary."</p><p><a href="https://en.wikipedia.org/wiki/Foundation_(nonprofit)#Germany" rel="nofollow noreferrer">https://en.wikipedia.org/wiki/Foundation_(nonprofit)#Germany</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4364871#notice-8542810">In conversation</a><time datetime="2025-01-14T05:38:51+09:00" title="Tuesday, 14-Jan-2025 05:38:51 JST">about 5 days ago</time> <span>from <span><a href="https://social.wildeboer.net/@jwildeboer/113822968658994832" rel="external" title="Sent from social.wildeboer.net via ActivityPub">social.wildeboer.net</a></span></span><a href="https://social.wildeboer.net/@jwildeboer/113822968658994832">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: upload.wikimedia.org</div><h5><a href="https://en.wikipedia.org/wiki/Foundation_(nonprofit)#Germany">Foundation (nonprofit)</a></h5><div></div></header><div>A foundation (also referred to as a charitable foundation) is a type of nonprofit organization or charitable trust that usually provides funding and support to other charitable organizations through grants, while also potentially participating directly in charitable activities. Foundations encompass public charitable foundations, like community foundations, and private foundations, which are often endowed by an individual or family. Nevertheless, the term "foundation" might also be adopted by organizations not primarily engaged in public grantmaking.Description
Legal entities existing under the status of "foundations" have a wide diversity of structures and purposes. Nevertheless, there are some common structural elements.Legal requirements followed for establishment
Purpose of the foundation
Economic activity
Supervision and management provisions
Accountability and auditing provisions
Provisions for the amendment of the statutes or articles of incorporation
Provisions for the dissolution of the entity
Tax status...</div><footer></footer></article></li></ol></footer></blockquote>

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Jan Wildeboer 😷:krulorange: (jwildeboer@social.wildeboer.net)'s status on Tuesday, 14-Jan-2025 05:38:51 JST Jan Wildeboer 😷:krulorange:
in reply to
When it comes to foundations, the picture becomes very chaotic. Again, I live in Germany, where the common definition of a foundation is something like
"A foundation should not have commercial activities as its main purpose, but they are permitted if they serve the main purpose of the foundation. There is no minimum starting capital, although in practice at least €50,000 is considered necessary."
https://en.wikipedia.org/wiki/Foundation_(nonprofit)#Germany
In conversationabout 5 days ago from social.wildeboer.netpermalink
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1. Domain not in remote thumbnail source whitelist: upload.wikimedia.org
  Foundation (nonprofit)
  A foundation (also referred to as a charitable foundation) is a type of nonprofit organization or charitable trust that usually provides funding and support to other charitable organizations through grants, while also potentially participating directly in charitable activities. Foundations encompass public charitable foundations, like community foundations, and private foundations, which are often endowed by an individual or family. Nevertheless, the term "foundation" might also be adopted by organizations not primarily engaged in public grantmaking. Description Legal entities existing under the status of "foundations" have a wide diversity of structures and purposes. Nevertheless, there are some common structural elements. Legal requirements followed for establishment Purpose of the foundation Economic activity Supervision and management provisions Accountability and auditing provisions Provisions for the amendment of the statutes or articles of incorporation Provisions for the dissolution of the entity Tax status...

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