{"id":9634,"date":"2024-12-20T09:16:00","date_gmt":"2024-12-20T09:16:00","guid":{"rendered":"https:\/\/pmrsa.pl\/?p=9634"},"modified":"2025-04-10T09:10:15","modified_gmt":"2025-04-10T09:10:15","slug":"family-foundation-how-to-set-up-a-family-foundation","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/family-foundation-how-to-set-up-a-family-foundation\/","title":{"rendered":"Family Foundation \u2013 How to set up a Family Foundation?"},"content":{"rendered":"

The process of creating a family foundation requires going through several stages, from preparation necessary documentation <\/strong><\/a>and contributing the founding fund to the formal registration of the family foundation in the register of family foundations. Below we will present step by step how to establish a family foundation. Although this process seems complex with the support of experts at each of its stages, it should run smoothly and effectively so that the Founder and his family can enjoy the solutions offered by the institution of a family foundation as soon as possible.<\/p>\n\n\n\n

A few words about the article - Listen<\/h4>\n\n\n\n

The process of establishing a family foundation can be divided into the following stages:<\/strong><\/h4>\n\n\n\n

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  1. Submission by founder<\/strong><\/a> declarations on the establishment of a family foundation in the articles of association or in the will (notarial deed) \u2013 most often you will submit such a declaration together with the drawing up of the articles of association during one visit to the Notary;<\/li>\n\n\n\n
  2. Preparation of the statute (notarial deed) and inventory of property \u2013 the statute is the basic and most important document within the Family Foundation, which regulates its organization and functioning, therefore, the support of experts is necessary, especially when drafting it, so that the will of the Founder can be fully implemented through its provisions;<\/li>\n\n\n\n
  3. Establishment of the bodies of the family foundation (<\/strong><\/a>the statute itself) \u2013 a Family Foundation has obligatory bodies such as: the management board and the meeting of beneficiaries, as well as an optional body, which is the supervisory board, which becomes obligatory if the number of beneficiaries exceeds five people; the statute may already list the people who will be members of the first composition of the Foundation's bodies, or they may be appointed later, i.e. their names and surnames may not be entered in the statute;<\/li>\n\n\n\n
  4. Obtaining a Tax Identification Number and National Business Registry Number \u2013 you can apply for a Tax Identification Number and National Business Registry Number immediately after drawing up the articles of association \u2013 at that moment, the company is established. Family Foundation<\/strong><\/a> in an organization that has legal capacity;<\/li>\n\n\n\n
  5. Setting up a bank account \u2013 we know from experience that the procedure for setting up a bank account for a Family Foundation in an organisation is not at all simple, so you need to be patient, although more and more banks already have such an offer in their products, which may suggest that the process will be streamlined;<\/li>\n\n\n\n
  6. The next step will be to contribute the founding fund before entering it in the register of family foundations in the case of establishing a family foundation in the founding act or to contribute the founding fund within two years from the date of entering the family foundation in the register of family foundations in the case of establishing a family foundation in a will \u2013 the minimum founding fund is PLN 100,000. To cover the founding fund, the founders contribute the following property:\n