Services provided by a bank that relate to the professional management of a charitable foundation and usually include expert asset management, project controlling (all activities necessary to manage a project over its entire life) and auditing, as well as legal advice. – It has been shown that when foundations are managed by banks, trust in the foundation increases, and with it the propensity of donors to endow the foundation in question (CH: to accumulate]. Furthermore, this also increases the efficiency of the donations, because the foundation’s own costly organs become superfluous. For the bank looking after a foundation, the focus is usually on the resulting increase in image. – See cultural sponsoring, buckling of the belt, organizations, non-profit, endowment fund.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/