New foundations in Stuttgart: A look at the most important changes 2023
New foundations in Stuttgart: A look at the most important changes 2023
A look at the foundation landscape in the Stuttgart
administration districtThe year 2023 was a remarkable year for the foundation system in the Stuttgart region. The recognition of 29 new foundations, including three new consumption foundations, marks a positive development in the region. There are now 1,446 legal foundations of civil law and 19 foundations of public law, which are under the supervision of the Stuttgart regional council.
The importance of the foundations for society
foundations play an essential role in promoting different social purposes. Their assets, which was around 6.88 billion euros at the end of 2023, will not only be used for economic profits, but also serves to support non -profit projects. These range from the elderly to the promotion of science and technology. Particularly noteworthy are the consumption foundations that make it possible to use the entire foundation amount over a specified period for the purpose of the foundation, which increases the flexibility in the use of funds.
Foundation law reform as milestone
A central aspect of 2023 was the foundation law reform, which came into force on July 1st. District President Susanne Bay emphasizes that this reform has sought standardization of the right to the foundation that facilitates the process of founding and managing foundations. The previous patchwork from various state laws has now created space for a clearer and coherent legal environment that benefits both existing foundations and new initiatives.
growth and trends in the foundation system
With an increase in the assets of the foundations led by the Stuttgart regional council, it is likely that the 7 billion euro brand will be exceeded by the end of 2024. This not only shows the continuous growth of the foundation sector in the region, but also underlines the increased interest of the population of assuming social responsibility and supporting projects that benefit the community.
resources for potential founders
The regional council offers comprehensive information and support for those who think about founding their own foundation. A large number of resources are available on the website of the regional council and in the themed portal foundations, including patterns for statutes and a comprehensive FAQ list. The employees of the foundation's authority are also the contact for questions about the right of foundation and support potential founders in their projects.FAZIT
Developments in the foundation system in the Stuttgart region in 2023 not only reflect an increase in financial resources, but also a growing social responsibility and commitment. The increased support from legal reforms and the provision of resources shows that foundations are important for both the founders and for the community and will continue to play a key role in the promotion of non -profit purposes.