# Endowment administration

- Canonical URL: https://www.gerhardmerk.de/endowment-administration
- Post ID: 591710
- Modified: 2023-07-25T21:00:18+00:00
- Language: en

## Definition

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. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! 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/

## Machine-readable

- Generator: Merk Knowledge 1.1.1