Audit and Supervision
Two external agencies examine and verify the constitutionally and legally compliant use of funds as well as the accuracy of the reporting by the foundation.
The financial statements and the accompanying reports are examined and audited by the auditors. The auditors are elected by the Foundation Board. Currently, this activity is carried out by:
The Swiss Federal Institute of Foundation Supervision in the Federal Department of Home Affairs (DHA) is responsible for the proper supervision of Swiss foundations. The Management reports to that authority annually. Its authority includes the supervision of the legality of the Management and the appropriate use of foundation funds in accordance with the statutory provisions.
If there is a legitimate interest, a copy of the business report can be requested at the Management.