The Liberian Private Foundation is a useful vehicle for individuals seeking to preserve the wealth-generating activities of a family while making the income available to the beneficiaries in accordance with the donor’s wishes. It is a separate legal entity, which is the legal and beneficial owner of its assets.
The Liberian Private Foundation requires limited public filing and does not provide for disclosure of the donor or beneficiaries.
Detailed instructions on how to form a Private Foundation, as well as model forms, are available here.
To download a copy of the Liberian Associations Law on Private Foundations, please reference the Liberian Law section of the website.
For reviewing articles published on Liberian Private Foundations, please click the following link.