Trusts & Trustees Advance Access originally published online on May 25, 2009
Trusts & Trustees 2009 15(5):289-295; doi:10.1093/tandt/ttp055
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© The Author (2009). Published by Oxford University Press. All rights reserved.
(Still) unknown land? The international dimension of foundations in Europe
*Dr. Tobias Vahlpahl, Research Associate and Program Manager Master of Nonprofit Management and Governance, University of Heidelberg—Centre for Social Investment, Adenauer Platz 1, 69115 Heidelberg, Germany. Tel: +49 (0)6221 54 119 69; Email: Tobias.Vahlpahl{at}csi.uni-heidelberg.de; Website: www.csi.uni-heidelberg.de
The use of foundations internationally is growing. Yet, there are severe legal barriers that make cross-border activities cumbersome. One major problem is the lack of knowledge about the foundation sector. Although the foundation sector in Europe is at least equal in size to the US sector, there is a lack of valid data on foundations in Europe. Inconsistent definitions and the lack of a common statistical framework are the major problems. The Feasibility Study on a European Foundation Statute tries to shed some light on the foundation sector and reveals its surprisingly high economic relevance.