Corporate foundations

Expanding a company with a parallel or integrated foundation structure to bundle and expand potentially available strategic-social activities offers advantages from a number of perspectives: tax, legal, market-strategic, continuity, and human resources. We believe that this type of hybrid structure is at the forefront of a golden future.

In order for a company to operate successfully in a transparent society, the way the company presents itself to the public is very important. The company can boost its image, for example, by partnering with existing social enterprises; the contracts must be looked at carefully. More and more companies are creating operational corporate foundations themselves that run in parallel to the company structure to create a meaningful relationship between company and foundation.

Corporate foundations can also be embedded in the shareholder structure, whereby the company and the activities of the foundation strengthen each other. Such structures create harmony, flexibility, tax advantages, continuity, and a strong position in the market.

Dutch private foundation

If the company is a family business, the private foundation bundles even more perspectives in the area of continuity and business succession, estate and succession planning.

Involving the different generations in the activities prepares the NextGens and improves the cohesion of the family. If the foundation has acquired a certain standing, it can also function as a control mechanism for delicate family issues and as a safety net for the family from which it receives its funding. The foundation can organize its own social activities, collaborate with other organizations, make social investments (impact investing) or create a social enterprise with a strategic goal.

See also: Family businesses, Succession and Continuity

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Publications

Shareholder Foundations of Enterprises: the North European style of securing family businesses for the long term In this article, Ineke Koele explores together with Rasmus Feldthusen from the University of Kopenhagen, how and why the traditional business succession system within family businesses needs to be reconsidered.

Enlarging Space for International Philanthropy Following up on her analysis on the topic in her doctoral dissertation, Dr.

Dutch foundations - ANBI or not ANBI With Brexit on the agenda, there is increased attention for the use of charitable organizations in the Netherlands.

Tax issues of public interest generosity In the annual book 2016/2017 of 'De Dikke Blauwe' in relation to Philanthropy, Major Donors and Social Enterprises, Ineke Koele has written an analysis (in Dutch) of the tax issues of public interest generosity.

Quote interview Family Wars As a specialist on Tax and Wealth Disputes, Ineke Koele has been interviewed by Sander Schimmelpenninck for the November issue of 'Quote'  on Family Wars.

The Dutch Private Foundation in comparison with trusts: for the same purpose but rather different Trusts & Trustees, Oxford University Press, February 2016, p. 140-145.  The Dutch Private Foundation provides an alternative paradigm for sustainable asset protection purposes.

Family Business Lasting Legacy Planning On Family Businesses and succcesful transitions to the NextGen through Lasting Legacy planning, Philanthropy Impact issue 7 2015

Mistake in Dutch Private Clients practice: the autonomy of parties revealed On the meaning of 'Mistake' in the Dutch estate planning practice in comparison with the Anglo American practice, Trusts & Trustees, July 2014

The Dutch Private Foundation: a robust but flexible tool in dynastic structuring The Dutch private foundation is a robust and flexible tool for managing private wealth.

International Charitable Giving Oxford University Press, 2012, author Chapter: the Netherlands