At a glance
A direct comparison of our three foundation types and their characteristics.
Sub-foundation
This route is suited to people who want to achieve their philanthropic objectives independently and efficiently by contributing capital.
Returns for charity
(Rendite für Gemeinnützigkeit®)
This route is suited to people who want to use the returns from a portion of their assets for charitable purposes, but not (yet) to give the actual assets. This means that this portion of the assets is made available for charitable purposes on a time-limited basis.
Independent foundation
This route is suited to people who want to lastingly achieve set charitable objectives with a public profile through a large award of capital.
Who
Sub-foundation
This route is suited to people who want to achieve their philanthropic objectives independently and efficiently by contributing capital.
Returns for charity
(Rendite für Gemeinnützigkeit®)
This route is suited to people who want to use the returns from a portion of their assets for charitable purposes, but not (yet) to give the actual assets. This means that this portion of the assets is made available for charitable purposes on a time-limited basis.
Independent foundation
The independent foundation route is suited to people who want to lastingly achieve set charitable objectives with a public profile through a large award of capital.
Description
Sub-foundation
Donors turn their goals into reality by establishing a foundation under the Rütli-Foundation umbrella. They work with the Rütli-Foundation to define their goals and activities in a donation agreement.
Returns for charity
(Rendite für Gemeinnützigkeit®)
The usufructuary signs a usufruct agreement with the Rütli-Foundation in relation to a portion of their assets for a defined period. The income and capital gains flow to the chosen charitable ends in accordance with the usufruct agreement. The assets contributed will be returned to the usufructuary at the end of this period.
Independent foundation
The founders establish an independent foundation with its own foundation board to bring their charitable aims to fruition. An independent foundation of this kind can also continue to hold assets such as art, paintings, etc. that have been accumulated over the decades after the founder’s death (legacy of their life’s work).
Agreements
Sub-foundation
The Rütli-Foundation provides the infrastructure and expertise to administer the sub-foundation. When you create a sub-foundation, the income and assets are tax-exempt right from the start. The capital is used solely for charitable projects.
Returns for charity
(Rendite für Gemeinnützigkeit®)
The usufructuary agreement must be concluded for a period of at least three years. Once the agreement is terminated, the usufruct capital (a maximum of the nominal amount originally contributed) reverts to the usufructuary’s private assets. In the event of the death of the usufructuary, the stipulations of their will or of the law will be followed.
Independent foundation
When establishing an independent foundation, a deed of foundation and any regulations are drawn up. The foundation board is appointed and the supervisory authority defined. For cost reasons, the independent foundation route only makes sense for capital contributions of CHF 10 million or more, unless this amount will be added to later. The Rütli-Foundation draws on its expertise to provide founders with comprehensive advice, and if desired it can also take care of the admin- istrative tasks associated with running the foundation.
Objective
Sub-foundation
The objective is individually laid down by the donor in the donation agreement. However, the charitable requirement means that the donations and the recipient must be charitable.
Returns for charity
(Rendite für Gemeinnützigkeit®)
The objective is individually laid down by the usufructuary in the usufruct agreement. However, the charitable requirement means that the donations and the recipient must be charitable.
Independent foundation
The founders specify the objective of the foundation in the articles of association. Tax-exempt status must be clarified when setting up the foundation.
Donations
Sub-foundation
Donations may be made anonymously or by name.
Returns for charity
(Rendite für Gemeinnützigkeit®)
Donations may be made anonymously or by name.
Independent foundation
Donations are made in the name of the foundation.
Assets
Sub-foundation
The donor selects the investment strategy to be applied to the assets in the sub-foundation.
Returns for charity
(Rendite für Gemeinnützigkeit®)
The usufructuary selects the investment strategy to be applied to the assets in the sub-foundation.
Independent foundation
The foundation board selects the investment strategy for the foundation assets itself or proceeds on the basis of investment regulations.