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7/11/06

Giving in Europe : European cross-border Philanthropy today

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European cross-border Philanthropy today

Cross-border philanthropy is becoming a reality in Europe. The European population is more mobile and there is a growing dispersal of property. Donors wish to implement their philanthropy at an earlier age and have a growing interest in causes that go beyond national borders.

As a result, European citizens are willing to make cross-border gifts, donations or legacies to help international causes and foreign charities but often face a complicated legal and fiscal framework as well as national barriers since this matter remains largely outside the scope of European treaties. But still, cross-border philanthropy in Europe is possible.

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