The article presents two different models for regulating the scope of permissible activities of foundations. Under one of these models, a private foundation may not engage in economic activity directly, whilst under the other, such activity is permitted. The further implications of each position are also outlined.
The article identifies two alternative models for perceiving the role of beneficiaries: either as passive, external creditors of the foundation, or as active stakeholders who are responsible for operating the foundation.
The article presents two different models for regulating the scope of permissible activities of foundations. Under one of these models, a private foundation may not engage in economic activity directly, whilst under the other, such activity is permitted. The further implications of each position are also outlined.
The article identifies two alternative models for perceiving the role of beneficiaries: either as passive, external creditors of the foundation, or as active stakeholders who are responsible for operating the foundation.
The article presents five features of the Polish family foundation which are not common among other jurisdictions recognisizing private foundations.
On 26 May 2025 P. Lubas and M. Pilarek will present on foreign private foundations in Polish holding structures.
On 12 May 2025 Prof. R. Feldthusen will present on Danish private foundations.
On 10 March 2025 a hybrid seminar organised by the Centre for Family Business Law at the University of Warsaw will take place. Our guest will be Prof. Susanne Kalss from Vienna.