In Poland in 2022 there will be just over 100,000 non-profit organisations, although these statistics change quite significantly from year to year. When the activity of such an entity turns out to be unprofitable or loses its purposeful justification, its members should decide to liquidate the foundation. What does the liquidation of a foundation look like step by step?

The family foundation is a new solution in the Polish legal order regulated by the Law on Family Foundations of January 26, 2023. The goal of the legislator was that family businesses, as a result of the death of the founder, would not be fragmented in terms of assets and could continue to develop over many generations.