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by paral_10
5600 days ago
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a few key points (some added): # a foundation is fully legal person
# the foundation has no members
# therefore nobody can decide to change the foundations mission afterwards (f.e. no shifting of mission values or other priorities possible)
# the 50.000 € is a recommendation, yes. part of the reason: only dividends and interest must be used to finance the foundations activities. the 50.000 must stay untouched forever. 50.000 € * 0,03 (average interest rate) = 1.500 € per year available for expenses
# again: the foundation is a cemented full legal entity which can hold copyright owner rights |
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