The Association of Liechtenstein Charitable Foundations and Trusts e.V. (VLGST) was established in 2010 and represents the interests of public-benefit foundations and trusts in Liechtenstein and represents the interests of the philanthropic sector. It serves as a partner for authorities and organizations and promotes the reputation of Liechtenstein as a foundation and trust center both at home and abroad. It participates in the development of legislation and promotes research on issues relating to foundation and trust law.
The Association aims to serve as a network among foundations and trusts and to promote cooperation with other associations in Liechtenstein and abroad. Public-benefit foundations and trusts make a considerable contribution to the reputation of Liechtenstein as a financial center and business location. The VLGST supports the Government's efforts to develop philanthropy as an important pillar of the country's location policy.
Membership in the Association is open to public-benefit foundations and trusts under Liechtenstein law which are domiciled in Liechtenstein, whose purpose is exclusively and irrevocably public-benefit, which have their own assets, which employ their assets or the income derived therefrom for public-benefit purposes, which have an external auditor according to the legal regulations, and whose activities do not in principle depend on donations or fundraising.