Philanthropy
The growing importance of socially responsible investment and sustainable development is opening opportunities for the establishment in Jersey of private funds and pools of capital dedicated to philanthropy or ecological objectives funded by family offices or successful offshore businesses.
Privately capitalised endowment funds, sinking fund and revolving finance funds can be established for charitable or non-charitable purposes including scholarships for education, university endowments and environmental projects.The finance sector in Jersey offers a wealth of structuring tools to support these objectives including:
- not-for-profit guarantee companies
- charitable and non-charitable purpose trusts
- Jersey foundations
- split-capital private funds pursuing commercial and philanthropic objectives
For an in-depth explanation of the current rules and regulation of philanthropy and the charity sector in Jersey please go to the Briefings section of this website where more information on this subject is available.
