A foundation is an organizationally independent estate which is dedicated on a continuing basis to a certain purpose. She becomes accredited.
Signs of a foundation are:
- An unequivocal foundation intention and the founder’s will, concretises in the foundation purpose.
- The durability of this purpose and the institution.
- A legal estate equipment which does justice with her yields to the founder’s order.
- An organisation, given from the founder in a statute which fulfils the foundation purpose.
There is a variety of foundation forms. The MSPM-Foundation is a having legal capacity public foundation and is defeated by the foundation supervision of the state. She owns the tax-preferred status.
(link zum Bayr. Stiftungsgesetz, ist für pdf Download zu speichern!)