The Association of Liechtenstein Charitable Foundations (VLGS) carried out a survey among the country’s foundations. A total of 282 foundations participated in the survey, which corresponds to around one fifth of all non-profit foundations in Liechtenstein.
As the survey shows, the foundations distributed around CHF 219 million to charitable projects in 2015. Around 78 per cent of the funding went to organisations and projects abroad (excluding Switzerland). Projects in Switzerland received 14 per cent of the funding. Many foundations that are active abroad also supported projects in Liechtenstein with a “significant contribution”.
Various projects in the social field receive funding. For example, 39 per cent of the foundations are active in education and training, 29 per cent in research and science, 23 per cent in art and culture, 14 per cent in development work, 12 per cent in the environment and six per cent in healthcare.
According to a VLGS statement, the positive effect of non-profit foundations is often underestimated because not enough figures are available on this. It wants to remedy this by deepening communication in this area. By distributing funding, foundations make an important contribution to societal solidarity and the international standing of Liechtenstein and its financial centre, said VLGS.