Philanthropic advisory Portugal

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 foundation creation 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 advisors (lawyers, notaries, etc.). They also provide assistance with the day-to-day management and administration of your foundation.

  • Support from a financial market 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 philanthropic 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

Coordinate 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 to day-to-day administration.



The Persche Decision

Court of Justice 27 January 2009: from approval of cross-border giving to recognition of a non-profit sector.

A decision by the Court of Justice of the European Union served as a reminder that community law can also play a significant role in the emergence of the non-profit sector. The Persche decision provided a remarkable example in this respect by acknowledging the principle of cross-border tax deductions for gifts made by individuals to organisations established and recognised of general interest in another country of the European Union. It should first be noted that most Member States have rules about tax deductions for gifts made by their residents to organisations 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.

Involved in a preliminary issue, the CJEU noted that, when a taxpayer requests a tax deduction in a Member Country for gifts made to organisations established and recognised in the public interest in another Member State, the gifts are governed by the provisions of the treaty on the free movement of capital (Article 56 EC) even if they are made in cash in the form of everyday consumer goods. The judges therefore clearly established that Article 56 EC opposes the legislation of a Member State by virtue of which the benefit of a tax deduction is only granted for gifts made to organisations established in the country with no possibility for the taxpayer to demonstrate that a gift made to an organisation established in another Member State meets the conditions of the legislation for the granting of such a benefit. This decision sanctioned the emergence of cross-border giving.

Need more information?


Edmond de Rothschild Portugal
Rua D. Pedro V, 130
1250-095 Lisboa

+ 351 21 045 46 60