Saturday, February 08, 2014

Charity in Spain

Something frequently overlooked when we talk about charities in Spain is the actual word “charity”, in the sense of an organization. Despite constant use of the word in fund raising activities, there is actually no direct equivalent in Spain to that which we understand as a charity in the UK. Rather, there are two types of charitable organizations: a fundacion (foundation) and an asociacion (association). There is a large difference between the two, since a fundacion must have an asset base of €30,000 and a board of trustees as basic legal requirements, whereas an asociacion is far simpler and virtually free to set up.

Charity in Spain

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