Abstract
The foundation sector in Europe is gaining increasing importance. This applies not only for the quantitative size of the sector but also for its economic importance. Foundations and trusts make a considerable contribution to philanthrophy in the European Union. An increasing part of the activities of a foundation consist of international operations and project (e.g.; research projects but also fundraising and grant-making in a wide array of topics), which are still constrained by serious legal and tax barriers. To overcome these barriers, the European Commission considers proposing a new legal form that should complement the existing variety of national legal forms for foundation and trusts. The European Foundation could be an instrument to facilitate international action as well as to strengthen the European civil society (A European foundation would therefore be found in the charitable sector). Therefore, an international feasibility study for a European Foundation Statute was launched to explore the economic weight of the sector and the potential barrier costs towards international activities.
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