The European Foundation--a new concept is born

The recent accession of countries to the European Union andthe corresponding need for social and economic integration callsfor a future framework for European non-profit organizations.The author, being himself a member of a Core Group of 28 comparativelaw experts from across Europe, focuses on the initiatives undertakenfor the creation of a European Foundation and presents a summaryof the draft of a European Foundation Statute submitted by thisCore Group.