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Umbrella foundation

When a standalone tax-exempt foundation isn’t required, an umbrella foundation solution, such as the Rütli Foundation, is a worthwhile alternative. The key advantage of joining an umbrella foundation is access to a comprehensive, professionally managed organisation under one roof, together with a long-term, cost-effective solution.

As an umbrella foundation, the Rütli Foundation is responsible for all the administrative tasks: it reports to the foundation supervisory authority, appoints the accounting provider and audit firm, and ensures that the foundation is managed with due care.

Another advantage lies in the composition of the foundation board: an interdisciplinary body consisting of experts from various fields manages the foundation and ensures well-informed decision-making. If the umbrella foundation operates independently of banks, conflicts of interest and concentrations of power can largely be avoided. A diverse and actively engaged Board of Trustees that is committed to philanthropy is central to this approach.

The advantages of an umbrella foundation

  • Comprehensive, professionally managed organisation
  • All administrative tasks (accountability reporting, accounting, auditing, filing of the tax
  • return) are handled by the umbrella foundation
  • Uncomplicated and cost-effective
  • Ensuring funds are used in accordance with their intended purpose
  • Discretion: the donor of the sub-foundation is not entered in the commercial register
  • If the umbrella foundation works with multiple banks, independence is ensured
  • Flexibility: a sub-foundation can subsequently be transferred into an independent foundation.

We will be happy to advise you in a personal consultation.

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Rütli Foundation

The Rütli Foundation is an independent umbrella foundation and creates ideal conditions for putting responsibility into practice. It ensures that your assets serve a good cause over the long term and create a lasting impact efficiently. Since the establishment of the Rütli Foundation in 2000, Reichmuth & Co has maintained a close partnership as a co-founder.

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Services

Establishing and professionally managing your own foundation requires a great deal of expertise and involves complex issues. We provide comprehensive support as you carry out your long-term commitment to society—from operational services to investment solutions.

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