Foundation Articles Of Incorporation Template for Switzerland

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Key Requirements PROMPT example:

Foundation Articles Of Incorporation

"I need Foundation Articles of Incorporation for a Swiss educational foundation that will provide scholarships to international students, with an initial capital of 500,000 CHF and a board of five members, planned to be established by March 2025."

Document background
Foundation Articles of Incorporation are essential when establishing a foundation in Switzerland, whether for charitable, family, or other permitted purposes. This document is required by Swiss law and must be prepared in accordance with the Swiss Civil Code, particularly Articles 80-89a. It serves as the foundation's constitutional document, detailing crucial information such as the foundation's purpose, initial capital, organizational structure, and governance framework. The Articles must be notarized and registered with the Commercial Register to give the foundation legal personality. They form the basis for all future operations and decisions of the foundation, and any subsequent modifications typically require approval from the relevant supervision authority. This document is particularly important as Swiss foundations are widely recognized for their stability and strong regulatory framework, making Switzerland a preferred jurisdiction for establishing foundations.
Suggested Sections

1. Name, Registered Office, and Duration: Specifies the foundation's official name, legal seat in Switzerland, and whether it has a limited or unlimited duration

2. Purpose: Clearly defines the foundation's charitable or other purposes, scope of activities, and beneficiaries

3. Initial Capital and Assets: Details the initial endowment, form of assets, and basic principles of asset management

4. Organization: Outlines the foundation's organizational structure and governing bodies

5. Foundation Board: Defines board composition, appointment procedures, terms of office, and decision-making processes

6. Board Powers and Duties: Specifies the responsibilities, authorities, and limitations of the foundation board

7. Representation: Establishes who may represent the foundation and signing authorities

8. Accounting and Audit: Defines financial reporting requirements and audit procedures

9. Amendment of Articles: Specifies conditions and procedures for amending the articles of incorporation

10. Dissolution and Liquidation: Establishes conditions for dissolution and distribution of remaining assets

Optional Sections

1. Advisory Board: Optional section for foundations wanting to establish an advisory body separate from the foundation board

2. Grant-Making Procedures: Detailed procedures for foundations primarily engaged in grant-making activities

3. Investment Guidelines: Specific investment principles and restrictions for foundations with substantial assets

4. International Activities: Special provisions for foundations operating internationally

5. Conflict of Interest Policy: Detailed procedures for handling conflicts of interest

6. Executive Management: Structure and responsibilities of professional management if the foundation will have employed executives

7. Branch Offices: Provisions for establishing and managing branch offices in other locations

Suggested Schedules

1. Initial Board Members: List of initial foundation board members with their details and positions

2. Initial Assets Schedule: Detailed inventory of initial assets contributed to the foundation

3. Organizational Regulations: Detailed internal regulations governing the foundation's operations

4. Signature Regulations: Specific rules and authorities for signing on behalf of the foundation

5. Fee Schedule: If applicable, schedule of board member compensation or administrative fees

6. Deed of Foundation: Original deed of foundation if separate from the articles

7. Founder's Letter: Optional letter from founder(s) explaining their intentions and vision

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Charitable Organizations

Education

Arts and Culture

Healthcare

Social Services

Environmental Protection

Scientific Research

Religious Organizations

Sports and Recreation

International Development

Philanthropy

Family Offices

Relevant Teams

Legal

Compliance

Executive Leadership

Finance

Philanthropy Advisory

Trust Administration

Wealth Management

Corporate Governance

Grant Administration

Program Management

Relevant Roles

Foundation Board President

Foundation Board Member

Legal Counsel

Compliance Officer

Chief Executive Officer

Chief Financial Officer

Trust and Estate Lawyer

Philanthropy Advisor

Foundation Manager

Grant Manager

Program Director

Investment Manager

Wealth Advisor

Family Office Manager

Notary Public

Commercial Register Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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