The purpose of the VLGST is to promote and publicize the idea of philanthropy, in particular the possibilities and services of charitable foundations and trusts in Liechtenstein.
The focus is on promoting framework conditions and awareness for public-benefit foundations and trusts, compliance with recognized standards, and representation of interests.
The VLGST is integrated into Liechtenstein's financial center strategy as the representative of philanthropy. In this way, the VLGST can make a direct contribution so that philanthropy and public-benefit foundations and tursts are given high priority.
The VLGST newsletter regularly informs members and partners about current projects and developments in the foundation sector as well as important events, deadlines, and publications.
The ongoing activities of the VLGST also include projects on promotion of the foundation center and the legal treatment of Liechtenstein companies abroad. The VLGST prepares opinions and factsheets on new legal rules in cooperation with different partners. Other projects are in the field of continuing training, such as co-organizing the Liechtenstein Foundation Law Day.
The acquisition of new members enhances the clout of the VLGST. The more members the Association has, the better it is able to represent interests and the more effective is its public relations work.
A key concern of the VLGST is to promote the framework conditions for philanthropy and public-benefit foundations and trusts in Liechtenstein and to design them in a future-oriented way. In this regard, the VLGST continues to count on the willingness of its partners and of public authorities to engage in an open discussion.
Liechtenstein's foundation law, which was revised in 2009, is state of the art in Europe. Now that the foundation law has been modernized, the sector itself is called upon to advertise Liechtenstein as a philanthropy center with transparency, openness, and in the longer term with facts, figures, and statistical and empirical data.
The VLGST has cooperation arrangements with the Chair of Company, Foundation and Trust Law at the University of Liechtenstein and the Centre for Philanthropy Studies (CEPS) at the University of Basel. Both are important and competent partners of the Association.
The Association maintains a close partnership with SwissFoundations, the association of Swiss grant-making foundations, as well as contacts with other national foundation associations.
At the European level, the VLGST is a member of DAFNE (Donors and Foundations Networks in Europe), the federation of national associations for public-benefit foundations, and is thus represented in the most significant European organization. The VLGST also has good contacts with the EFC (European Foundation Center) in Brussels, where comprehensive documentation on Liechtenstein was published for the first time in the EFC Country Profile.