FAQ'S

What is special about the Limmat Foundation?

The Limmat Foundation supports philanthropic educational and social projects worldwide to improve the living conditions of people in need. It is special that people who are willing to make a charitable contribution can set up their own tailor-made sub-foundation under the umbrella of the Limmat Foundation.

How is the Limmat Foundation organized?

The Limmat Foundation consists of the Foundation Board, the Executive Board and the Sub-foundation Boards. The Foundation Board is responsible for overseeing the project centre, the management, the general tasks of the Foundation and the sub-foundations. The sub-foundation’s members are responsible for deciding on the projects to be funded. Two members of the Foundation Council must be represented in the council of each sub-foundation. In addition, the Limmat Foundation has a Patronage Committee. It consists of personalities from business, politics and sport. Through their membership, they set an example of sympathy and support for the Foundation and its work.

How is the Limmat Foundation related to the catholic church and the Opus Dei?

The Limmat Foundation consists of the Foundation Board, the Executive Board and the Sub-foundation Boards. The Foundation Board is responsible for overseeing the project centre, the management, the general tasks of the Foundation and the sub-foundations. The sub-foundation’s members are responsible for deciding on the projects to be funded. Two members of the Foundation Council must be represented in the council of each sub-foundation. In addition, the Limmat Foundation has a Patronage Committee. It consists of personalities from business, politics and sport. Through their membership, they set an example of sympathy and support for the Foundation and its work.

Toni Zweifel, initiator and managing director of the Limmat Foundation until his death at the end of 1989, belonged to Opus Dei, a prelature of the Catholic Church. The core message of Opus Dei, founded by St Josemaria Escriva, emphasizes the importance for Catholics to live their faith in work, family and everyday life, making a special effort to carry out their professional activities in a spirit of service to all fellow human beings.

The experience of the Limmat Foundation as well as many other relief organizations shows that partner organizations with solid religious convictions are particularly reliable as they are committed to ethically manage their funds and show great dedication to benefit those in need. The Limmat Foundation is independent in its review of projects and considers the will of the donors. It decides on possible support according to professional and not religious criteria. It rejects any form of discrimination that would allow even the slightest disadvantage of those in need of help. This impartial attitude is a consequence of the spiritual motives of the initiators of the foundation and the corresponding sense of justice.

Which conditions must one fulfill in order to found a sub-foundation?

The requirements of non-profitability must be fulfilled in order to start a sub-foundation. There is no fixed minimum for endowing a sub-foundation. Rather, the endowment must be commensurate with the goal and the intended projects of the sub-foundation. It takes a few days to prepare the statutes, notarize the signatures, register the sub-foundation with the public authorities and extend all the rights of the Limmat Foundation to the sub-foundation. It shares in the nonprofit status of the Limmat Foundation and is tax-exempt. The appropriate regulatory agency (EDI Bern) is informed about the creation of the sub-foundation and its projects. It is also possible to make donations earmarked for specific projects, in the case that one desires to support an already existing project.
 
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