The Foundation

The Foundation was incorporated with Founding Act on January 31, 2024 and was accredited by the District President Kassel as Foundation per civil law thus having legal capacity.

Accordingly it's a legal person on it's own, who - other than for example Corporations - doesn't have Owners but is owned by itself.

The Foundation is set up as a so called Foundation for eternity which - as opposed to Foundations for absorbtion - is equipped with base funding which is to be maintained sustainably and with the earnings generated out of it to serve the Foundation's purpose which is the promotion of children, education and environment.

The Foundation is confirmed as a charitable organization by the Fiscal Office in Fulda. Learn more here.