Simplicity

  • If the donation is of modest size it can be made by simple private deed, otherwise  by public deed or by will;
  • In order to be operational it is not necessary to provide statutes or obtain recognition. It is enough for the Foundation to accept the donations;
  • There is no need to set up and manage bodies, such as a board, shareholders, and so on;
  • Administration, such as accounting and financial statements, is totally in the hands of the Foundation;
  • All the tasks related to the issuing of money, except those that the donor wants to run directly, are the responsibility of the Foundation;
  • A single donation can be used to finance a number of projects, simplifying the donor’s tax return.