2011

2011

Staff
The staff at the end of 2011 consisted of the Head of Division, one part-time Legal Officer (50%), and one Administrator/Secretariat (80%).

Activity
At the beginning of 2011, 1,003 common-benefit foundations and six private-benefit foundations were subject to STIFA supervision. By the end of 2011, the figures had risen to 1,137 common-benefit and seven private-benefit foundations. On application, STIFA may exempt common-benefit foundations from the obligation to appoint an audit authority and then as a rule itself exercises the right of inspection. As of 31 December 2011, 215 of the 1,137 common-benefit foundations were exempt from the obligation to appoint an audit authority.

The focus was on carrying out STIFA audits of the exempt foundations (Art. 552 § 29(3) PGR), processing of reports by audit authorities with objections concerning the management and/or appropriation of foundation assets, and verification of the accuracy of the deposited notifications of formation and amendment in the case of private-benefit foundations (Art. 552 § 21 PGR).