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Last update : 16.06.2015


The term ‘foundation’ is used to designate charitable and other institutions, of general interest, created on the initiative of a private individual. Foundations are defined as “establishments which (...) aim to carry out work of philanthropic, religious, scientific, artistic, pedagogic, social, sporting or tourism nature”.

Source: Mémorial A, issue no. 23 of 5 May 1928