Assumption of controlling body functions
An auditor may be appointed as a controlling body within the meaning of Art. 552 § 11 PGR for a private-benefit foundation.
The supervisory body monitors the activities and decisions of the Board of Trustees (Foundation Board) to ensure that they are in accordance with the Foundation Charter and the applicable laws. This includes monitoring the use of funds and compliance with the statutory objectives. In addition, there are comprehensive notification obligations in the event of facts that jeopardize the existence of the foundation (notification to the court and the beneficiaries). An audited use of funds strengthens the trust of the founders and beneficiaries of the foundation.
We have the necessary experience to reliably and expertly fulfill the high demands placed on our function as a supervisory body. We take an independent and objective approach to your affairs, placing great emphasis on transparency, cost-effectiveness and benefits.