Solutions for Donors

If you have money you'd like to give, perhaps to a cause that's important to you, you can of course simply choose a charity that works in that field and give them the money. However if you do that, you lose all control over how that money is spent and how much goes on administration. Sometimes it can also be hard to find a charity that does exactly what you want.

If you are a non-governmental organisation, society, or similar organisation, you may also want to set aside money in a specific fund for a special, publicly beneficial purpose.

Until January 2014 it was difficult to solve these problems, but since then, it has been possible for you to set up a svěřensky fond (A Czech trust). Such a trust can bear your name and can be dedicated exactly to the purpose you want to achieve. Examples could include: 

  • A sporting cup or scholarship

  • An educational scholarship or prize

  • Encouraging things that are important to you. If for example, you are a successful lion-tamer, you might establish a trust to award an annual prize to the Czech Republic's best lion-tamer

  • The restoration or preservation of a historical monument, building or church

  • Building a concert hall

  • Buying musical instruments for school children,

  • etc., etc., the possibilities are almost limitless.

 

Most of our clients prefer us to keep the work we have done for them confidential, but not all. The Czech Economics Society is one such exception. We recently worked with them to establish a fund in memory of the late Kateřina Šmídková, Director of Economic Research at the Czech National Bank and Professor of Economics at Charles University, who died after a long illness at the age of 46 years.

The Kateřina Šmídková Trust now provides a regular prize to encourage the work of female economists in the Czech Republic. We are very proud to have been involved in this important project.

If you would be interested in contributing to this very worthy cause, please contact us and we will put you in touch with the Economics Society

 

Once your trust is in place, you can 'open it', allowing others who share your passion to contribute funds of their own.

In general, where your goal is socially good, we will offer a reduced fee – in order to help you and work with you to deliver benefit to our fellow citizens.

For more information about our services in this area, please don't hesitate to This email address is being protected from spambots. You need JavaScript enabled to view it..

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