Philanthropic advisory services Luxembourg

Our expertise

Advice for your philanthropic projects

Advice for your philanthropic projects

The Rothschild family’s commitment to major philanthropic projects is part of the Group’s DNA. Luxembourg encourages gifts, including cross-border ones, with tax deductions applicable in most European countries. Philanthropy goes beyond wealth challenges and makes you a contributor to social progress and innovation.

The desire to help or transfer wealth has become a personal challenge that unites family members around a just cause. Philanthropists now want to give meaning to their success. They are in the field more and want to transmit real expertise, not just money. Tommaso Benerecetti Head of Wealth Solutions
What defines us?

Transfer, innovation, engagement

  • Centuries-old experience for your philanthropic projects

    ​Our Group inherited the Rothschild family's values and commitment to charitable work. We have assisted our clients with creating foundations for many years. Our experts provide guidance on project structuring and implementation and on how to integrate your philanthropic approach with your wealth and family situation.

  • Support at every step to make your project a success

    ​Our experts provide you with advice on defining your goals and implementing your structure. They coordinate your project with local authorities and your usual advisers (lawyers, notaries, etc.). They also provide assistance with the day-to-day management and administration of your foundation.

  • Support from a financial centre recognised for its commitment to philanthropy

    ​Luxembourg promotes initiatives in the public interest. It implemented an advantageous tax framework recognised by other European countries. It also set up the Fondation de Luxembourg to assist foundations by simplifying the formalities required to structure philanthropy projects.

  • Choose a legal framework suited to your philanthropic goals

    ​Two legal structures are available in Luxembourg to set up your philanthropic project: a foundation sheltered by the Fondation de Luxembourg or a foundation in the public interest. Our teams will advise you on the framework best suited to your project and your wealth strategy.

Our offer

Coordinating the management of your philanthropic project

Our experts share the know-how inherited from this tradition to bring your projects to life, from foundation creation to management and day-to-day administration.

Philanthropic advisory 


The Persche decision

European Court of Justice, 27 January 2009:
From the establishment of cross-border sponsorship towards the recognition of a non-market economic sector.

A decision by the European Court of Justice is a reminder that EU law can also play a substantial role in the emergence of the non-market sector. In this respect, the Persche judgment provides us with a remarkable example by recognising the principle of cross-border tax deductibility of donations made by individuals to a body in another EU member State recognised as charitable. It should first be noted that most member States have rules about tax deductions for gifts made by their residents to charitable bodies within their borders. While some national foundations such as the Fondation de France were already trying to implement the principle of cross-border tax deductions for gifts made to organisations in the public interest, it took the Persche decision for the Court of Justice to adopt the principle.

In a preliminary ruling, the ECJ noted that when a taxpayer claims tax deductions in one member State for donations to bodies established and recognised as charitable in another member State, these donations are subject to the provisions of the Treaty regarding the free movement of capital (Article 56 EC), even if they are made in kind, in the form of everyday consumer goods. The judges therefore clearly established that Article 56 EC is opposed to member State legislation whereby the benefit of tax deduction is granted only in respect of donations made to bodies established within that member State, with no opportunity for the taxpayer to demonstrate that a donation to a body established in another member State meets the conditions set out by the said legislation for such benefit to be granted. This decision planted the seeds of cross-border sponsorship.

Need more information?

Contact us


Head of Private Banking, deputy CEO
Stéphane Pardini

+352 24 88 30 64