Wednesday 26 February 2020

Stichting

A stichting is a foundation or a trust set up to promote either a good cause or a specific objective, such as developing open source IT or protecting sand dunes. Stichtings are not supposed to make a profit – but some are very rich, like the Democracy and Media trust which owns 42% of newspaper group PCM. The Netherlands has over 130,000 different stichtings.

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