Encouraged by the favourable response from participants in the first workshop held in June 2010, in Luxembourg, Banque de Luxembourg decided to organise a similar forum for discussion for Luxembourg foundations.

The second workshop, which brought together around twenty foundations directors, was held on 6 April at the Bank’s head office with talks by:

• Bernard Zimmer, founding member of Perspective 45 a.s.b.l.
  Presentation of the activities of the association and its European projects.      
  - Find out more about Perspective 45 a.s.b.l.
  


• Tonika Hirdman, General Director of Fondation de Luxembourg             
  "First experiences and emerging trends"
  The Fondation de Luxembourg was launched in the beginning of 2009 by the Luxembourg government as an independent public utility foundation with the mission to facilitate long-term philanthropic engagement. Two years after its launch, several new philanthropic foundations are being managed under its aegis.
  Topics covered: expectations of the donors behind these foundations, the collaboration with the non-profit sector, complementary work done compared to the non-profit sector, experiences ...
  - Find out more about Fondation de Luxembourg
  


• Diane Wolter, Philanthropy advisor, Banque de Luxembourg
  "How to translate charitable objectives and cash-flow requirements into investment strategy?"
  The needs of beneficiaries and a foundation's budget plan stand far apart. The investment strategy bridges that gap by integrating the charitable objectives and a foundation's financial needs. It is both an art and a science – let’s share some of the key issues.
  - Find out more about Banque de Luxembourg
  
  

• Hanna Surmatz, Legal Counsel European Foundation Centre
  "The current state of play of a European Foundation Statute"
  Philanthropy is becoming more and more international – however legislation lags behind. The work of foundations and funders across borders is hampered by legal and administrative barriers. A European legal tool for foundations as a supranational and optional tool would help overcome existing barriers and provide foundations and funders with a new sustainable instrument to pool resources for the public good.The European Commission announced in the Single Market Act that it will present a regulation on a European Foundation Statute by the end of 2011. Participants will learn about the current state of play of the legislative process and the way forward. 
- Find out more about European Foundation Centre and the European Foundation Statute project.



If you would like to participate in a future workshop, please contact Diane Wolter on tel: (+352) 49 924-3152