A stichting (Dutch: [ˈstɪxtɪŋ] , lit. 'foundation') is a Dutch legal entity with limited liability, not aiming to make profit, with no members or share capital, that exists for a specific purpose that is serving a public, social or an idealistic interest. A stichting is allowed to make profit but the legal condition is that this profit must be spent on achieving the foundation's goals.
A stichting (Dutch: [ˈstɪxtɪŋ] , lit. 'foundation') is a Dutch legal entity with limited liability, not aiming to make profit, with no members or share capital, that exists for a specific purpose that is serving a public, social or an idealistic interest. A stichting is allowed to make profit but the legal condition is that this profit must be spent on achieving the foundation's goals.
Source: Wikipedia "Stichting" · CC BY-SA 4.0
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