What are Foundation Regulations?

Post registration a Foundation may issue a set of regulations. These Regulations (which are not publicly filed) usually:


  • Set out the names of the Beneficiaries
  • Set out the names of the Councillor/s
  • Identify who (if anyone) is to be appointed as Protector and what his/her powers shall be
  • Provide guidelines or rules for how Foundation assets are to be distributed
  • Set out the proportion of Foundation Property or income to be distributed to each Beneficiary
  • Set out what powers are to be reserved to the Founder


The Regulations may also set out the Foundations preferred investment strategies or business plan.