Set up a private foundation
There are two types of foundation in Belgium. Public interest foundations and private foundations.
For many organisations looking for a legal registration in Belgium to manage an EC grant or to bring several partners together for a common non-profit making project a private foundation can be a useful alternative to a classic NGO structure because it is easier to manage on a day-to-day basis.
A private foundation is not a membership organisation so there is no general assembly nor are there any members to service. The Foundation is governed by a Board of Directors who are appointed following the procedure stipulated in the foundation’s bylaws.
The Bylaws of a private foundation must be notarised after which they will be published in the Belgian official journal.
A public interest foundation must also obtain Royal Assent (via the Ministry of Justice) before its Bylaws can be published in the Belgian official journal.
Local Knowledge can manage the entire process of establishing a foundation in Belgium.
Do you want more information about how to set up a foundation? Download the explanation.
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