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  • Executive Board

    The foundation’s Executive Board has the status of its legal representative. It represents the foundation both in and out of court. It also manages the foundation. Its duties include managing the foundation’s assets, using the funds to fulfil the foundation’s purposes, keeping records of the foundation’s assets and changes to its assets as well as its income and expenditure. It is also responsible for submitting the annual financial statements, preparing a comprehensive report on the fulfilment of the foundation’s purpose and an auditor’s report.

Copyrights: Foundation for Family Businesses / Thorsten Jochim / Marco Urban / Werner Schüring
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