Legislation governing foundations and endowment funds

Legislation governing foundations and endowment funds Abstract The diploma thesis deals with the topic of foundations and endowment funds with a focus on a current legislation, that is reincorporated into the general legislation after the recodification of the private law. Brief introduction to the topic of foundations and endowment funds is followed by the chapter containing a historical analysis of foundations on the Czech territory since the 9th century. Significant changes, which the foundations went through and caused their present form, are highlighted. The third chapter is the most important and the longest part of the thesis, as it focuses on a current legislation. The chapter defines the institutes of foundation and endowment fund in the contemporary society and it is divided into the two subchapters that concerns both endowment entities separately. The diploma thesis defines the purpose, property and bodies. There is further clarified the establishment and formation process and the reverse dissolution and termination process of these legal entities. In addition, the chapter formulates the Public Benefit Status and the conclusion is devoted to the new terminology brought by the recodification. It is followed by the fourth chapter, which compares a current legislation with the previous one, that was..