Foundations are cropping up across Europe in numbers like never before. In Spain alone, at least one new foundation is created every day.
But differences in national regulation make it hard for the foundations to work across EU member states.
According to the head of the European Foundation Centre (EFC), Gerry Salole, increasing wealth in Europe is part of the rise in philanthropic foundations, which have been around on the continent since the 13th century.
People are also s...
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