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Review of our 2013 Projects & Activities
As in the previous years, the Foundation allocated several more scholarships than the 3 scholarships stated in our guidelines, since we are not yet supporting any other, larger projects besides the scholarship program. The reason for this measure is that under Swiss foundation law, charitable foundations are not allowed to build up too large financial positions in excess of their initial endowment.
Meanwhile we would like to point out that we are still looking for other projects to support in Nova Scotia besides our own scholarship program. A rough outline can be found here. If you have an idea, a suggestion or any comment in this regard, please do not hesitate to get in touch with us.