Country profile
Belgium
Definition
The foundation is the result of a legal act from one or several individuals or legal entities that dedicate capital to a specific not-for-profit aim. Foundations can be recognised as being of public utility when they pursue philosophical, philanthropic, religious, scientific, artistic, educational or cultural aims. ’Fondations de création juridique' (2) and 'fondations politiques européenes' (5) were excluded from the data as they did not fit the initial criteria outlined in the study.
Belgium’s philanthropy profile
€4951 million (2022)
Pool of assets
€1519 million (2022)
Total expenditure
No data
Total employment
Belgium’s foundations
668 (2022)
foundations
Financial information provided by King Baudouin Foundation was taken from the National Bank of Belgium (NBB). Expenditure for Belgium includes operating expenses only. Therefore, this figure should be taken as a lower-bound estimate with the total expenditure of Belgian public-benefit foundations, inclusive of other currently unknown expenditure, being a higher figure.