Today, philantropists are often world citizens whose action extends to several countries. The high concentration of international legal, tax and financial experts are arguments that prompt the world's philanthropists to establish their foundation in the Grand Duchy. Since 2008, Luxembourg has been openly displaying its determination to develop philanthropy and sponsorship in the Grand Duchy.
The Luxembourg Foundation
The Luxembourg Foundation ('Fondation de Luxembourg') is Luxembourg's number one point of contact in the field of philanthropy, whether it is in terms of promoting education for all, development aid, social cohesion, biodiversity, research and health, or in terms of combating poverty and climate change.
Launched in late 2008 by the Luxembourg Government and the 'Oeuvre Nationale de Secours Grande-Duchesse Charlotte', the Luxembourg Foundation has become a key player for everyone who wants to get involved in the philanthropic sector
Stimulating, facilitating and promoting philanthropic commitment
The Fondation de Luxembourg is active nationally, in Europe and internationally and offers potential donors personalised advice adapted to the various projects of general interest. The foundation's success stories include large-scale projects such as combating genital mutilation in Ethiopia with Fondation Espoir, supporting social grocery shops and day centres in the Grand Duchy, and research into Alzheimer's and Parkinson's diseases at the Luxembourg Centre for Systems Biomedicine
In order to achieve its aim of promoting philanthropic commitment, the Luxembourg Foundation offers advice and expertise to people who want to get involved in various philanthropic areas.
It also serves as an umbrella for funds with specific aims and offers a range of personalised solutions for people and businesses wanting to commit themselves to a cause of general interest. As the foundations under its umbrella use the legal personality of the Foundation, they do not have their own legal personality. They nevertheless have the same advantages as independent foundations, but the creation process is considerably simplified.